Industry Roundup: 29 March
by Graham Buck
Credit Suisse pulls back in Russia; Barclays error 'may cost £450m'; ESG dilemmas of Ukraine invasion; El Corte Ingles opens to crypto
by Graham Buck
Credit Suisse pulls back in Russia; Barclays error 'may cost £450m'; ESG dilemmas of Ukraine invasion; El Corte Ingles opens to crypto
by CTMfile
MIT and BOE digital currency, Israeli Bank accept cryptos, Decentralized finance risks, US dollar losing position against yuan, Apple fixes loopholes.
by CTMfile
Oxxo to be a superbank, CBDC credentials for a US CBDC, Australia adopting stablecoin, Credit Suisse $500 million fine, Apple helps boost payments.
by Pushpendra Mehta , Executive Writer, CTMfile
Germany is teetering on the brink of recession caused by supply chain snarls, accelerating inflation and the Russia-Ukraine conflict.
by Graham Buck
WTO on supply chain disruption; Partial reopening for Moscow exchange; Crédit Agricole post-Brexit fees; Citi, Stenn pair on supplier financing
by CTMfile
Cross-border CBDC platform interoperability, RippleNet - potential alternative to CBDC, Mastercard connects banks to BNPL, Biometric tech and fraud
by Pushpendra Mehta , Executive Writer, CTMfile
The response to the Russia-Ukraine conflict may affect fintech companies’ revenues, yet it exhibits their willingness to look beyond financial gains.
by Graham Buck
Transition from Libor progressing; Bank majors form syndicated loan platform; ClearBank raises £175m for expansion; Euroclear takes stake in Fnality
by CTMfile
Russia bond payments, bond yields to increase, slight surge in funding for illegal crypto, Australia begins talks on including open finance in CDR.
by CTMfile
Bank of England hikes interest rates, Oil could hit $200 a barrel, AMEX to enter metaverse, Britain’s P&O Ferries mass sackings.
by Graham Buck
Shell directors sued by ClientEarth; Europe boost for crypto; Volante service speeds ISO 20022 compliance; Piteco and TAS simplify SWIFT access
by CTMfile
Fed set to hike interest rates, CFOs to fast-track payments, Blockchain in Financial Services Report, Yale list of companies withdrawing from Russia.
by Pushpendra Mehta , Executive Writer, CTMfile
AHA warns of increased cyber risk to U.S. healthcare sector due to the Russian-Ukraine conflict.
by Pushpendra Mehta , Executive Writer, CTMfile
One of the long-term implications of Russia’s SWIFT ban is that it can boost adoption of China’s cross-border payment system and its digital yuan.
by Graham Buck
Citi broadens Russian exit; Nickel prices soar; Santander launches grain-backed tokens; Jamaica offers CBDC incentive; DCash service restored
by CTMfile
IMF rules out global financial crisis, UK's Sunak urges firms to leave Russia, BlackRock lost $17bn, Deutsche Bank and Commerzbank exiting Russia
by CTMfile
Embedded lending market to grow, RPA in financial sector, ACI fraud detection, Visa acquires Tink, REN payment system, Paxos blockchain payment system
by Graham Buck
Airlines’ hedging offsets oil price spike; US corporates’ Russia exposure assessed; London-listed Russian companies; Biden authorises crypto review
by CTMfile
EU sanctions on Russia, SEC and crypto, TaaS evolving, Bank of London rapid payments, quantum technology advancements, Bankfi & Vusa partner.
by Pushpendra Mehta , Executive Writer, CTMfile
Strategic Treasurer’s flash survey of treasurers on the impact of the Russia-Ukraine conflict highlights important concerns.
by Graham Buck
Procure4Peace formed to assist Ukraine; Building materials shortage to intensify; Shell joins Russia exodus; Supply Chain Catalyst tool launched
by CTMfile
Russian banks using China's card system; economic impact from war in Ukraine; CBDC 2nd phase; digital payments in Middle East and North Africa
by CTMfile
new cybersecurity law, US using countering crypto to avoid Russia sanctions, Ripple's crypto payments, EMQ cross-border payments in South Asia.
by Graham Buck
Russia exodus tests fund managers; VTB commodities unit winds down; IMF paper examines cash management capacity; China overhauls supply chain finance