India’s U$1.2 trillion economic challenge, one year on – Industry roundup: 4 October
by Graham Buck
Call for weaker dollar; SWIFT completes tokenised asset pilot; Sanctions imposed on Bank of Russia chief; Citi still seeks growth in Malaysia
FX Management & Crypto
Background
According to the latest Bank for International Settlements (BIS) survey of foreign exchange volumes, in 2013, almost $5.3 trillion in currencies globally are traded daily. The increasing…
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WTO chief sees world economy heading towards recession – Industry roundup: 29 September
by Graham Buck
Bank of England bond action costs £65bn; Banque de France reveals CBDC plans; Indian tycoon downbeat on China; Stan Chartered setback in Maersk tussle
Australia’s central bank plans CBDC pilot in 2023 – Industry roundup: 27 September
by Graham Buck
Banks see Hong Kong revenues slide; Ford retools supply chain management; BlackRock-Insurers refine investments; PBOC imposes risk reserve requirement
Germany nationalises its biggest gas importer to safeguard supplies - Industry roundup: 22 September
by Graham Buck
UK hikes rates less than US; DB expects deeper eurozone recession; RBA reveals US$30bn bonds loss; More pain seen for China property sector
Are the EU’s supply chain protection plans too draconian? – Industry roundup: 20 September
by Graham Buck
Saudi Arabia set for strong growth; UK lags on business investment; Endgame for Australia zombie companies; Kyriba launches cash management AI
Businesses hesitant to implement security measures – Industry roundup: 19 September
by Monica Zangerle , Writer, CTMfile
Development of prototype digital Euro, widespread fraud, Small business payments increase 11%.
Only two countries have fully launched CBDC projects to date – Industry roundup: 15 September
by Monica Zangerle , Writer, CTMfile
Ethereum software upgrade, Norway CBDC using ETH, Mastercard joins forces with Copenhagen Fintech.
Warning on Russian malware threat – Industry roundup: 12 September
by Graham Buck
Crisis sees Germany commit to LNG; China's emergency loans revealed; Exit EM government debt says JPMorgan; Bolt abandons Wyre deal
D-Day for crypto market in seven days‘ time – Industry roundup: 8 September
by Graham Buck
China agrees to pay Russia in roubles; Hawkish ECB hikes rates by 0.75%; China corporate bond boom; Contour acquires we.trade assets
China’s declining yuan worries its neighbours – Industry roundup: 6 September
by Graham Buck
Australia hikes rates for a fifth month; Reports predict Italy debt crisis; Ghana reassurance on CBDCs; Abu Dhabi plans bad debt sale
Pressure on gas prices hits euro and pound – Industry roundup: 5 September
by Graham Buck
China’s economic challenge falters; Cardano upgrade on 22 Sept; Amazon moves further into logistics; India anti- money laundering action
US CBDC moves a step closer with sandbox initiative – Industry roundup: 1 September
by Graham Buck
Japan regulator tightens bank scrutiny; Brazil development bank buys carbon credits; StanChart Singapore digital bank; SWIFT uses predictive analytics
US and China settle audit terms – Industry roundup: 29 August
by Monica Zangerle , Writer, CTMfile
Biometric payments convenient and secure, cryptocurrency regulations, cross-border payments interoperability venture.
Federal reserve’s unspecified rate increase – Industry roundup: 26 August
by Monica Zangerle , Writer, CTMfile
RTP infrastructure, open finance fintech company Belvo, Russia and India are no longer dependent on the US dollar.
All eyes on inflation at Jackson Hole summit – Industry roundup: 25 August
by Graham Buck
Mastercard launches crypto card in Argentina; UK power grid's contingency exercise; Nigeria push for eNaira; Huawei sees survival focus on cash flow
Euro reaches a two-decade low – Industry roundup: 24 August
by Monica Zangerle , Writer, CTMfile
Combating card fraud for financial institutions, Project Ion, Token mapping, potential cashless society.
BlackRock warns SEC on plans to end ESG greenwash – Industry roundup: 23 August
by Graham Buck
EY asks for guidance on 'split-offs; Drought impact grows in China; Cineworld considers Chapter 11; Standard Bank aims to expand
China trims lending rates again - Industry roundup: 22 August
by Monica Zangerle , Writer, CTMfile
MercadoLibre launches cryptocurrency in Brazil for loyalty rewards; Klarpay AG adds 70+ currencies to enable cross-border global payments.
New crypto services in Canada – Industry roundup: 17 August
by Monica Zangerle , Writer, CTMfile
Guidelines for master accounts for crypto banks, SAP network to aid US businesses, Russian alternative to SWIFT, Europe’s bankruptcies increase.
European big names test a reviving corporate bond market – Industry roundup: 16 August
by Graham Buck
Volvo takes opportunity for bond issue; India's PM promises digital revolution; ESMA urges caution on rule change; ESG's growing role in FX analysed
Interest in insolvent cryptocurrency lendings – Industry roundup: 12 August
by Monica Zangerle , Writer, CTMfile
KeyBank to promote global e-commerce, Wise and Plaid to empower secure financial networking, Modex's blockchain-based solutions.
Oversight of digital lending application services – Industry roundup: 11 August
by Monica Zangerle , Writer, CTMfile
Thunes' expansion, India foregoes US dollar, development of open banking, carbon tracking tools.
Nepal poised to launch a CBDC – Industry roundup: 10 August
by Monica Zangerle , Writer, CTMfile
"Bring Your Own Processor" solution for embedded payments, Citi deposit solution,
Green bond resurgence in China - Industry Roundup: 9 August
by Monica Zangerle , Writer, CTMfile
Russia to lessen its reliance on dollars as collateral; ACI Worldwide and CARDNET join forces to modernize Japan's digital payments landscape;