China’s economic recovery still flagging – Industry roundup: 1 August
by Graham Buck
South Korea nearer CBDC pilot; Ripple sees US$10bn blockchain savings; Bank of Italy launches DeFi initiative; UBS drops Credit Suisse Russia clients
News
Singapore to ditch corporate cheques by end of 2025 - Industry roundup: 31 July
by Ben Poole
Ben Bernanke to lead review into forecasting at Bank of England; Deutsche Bank expands presence in South Korea
Bank of Japan yield curve control action surprises markets - Industry roundup: 28 July
by Ben Poole
Commerzbank carries out transactions on Contour; Instant payments surge in Brazil; SMEs struggle with speed and pricing of cross-border payments
Fed resumes rate hikes; ECB to follow – Industry roundup: 27 July
by Graham Buck
Santander plans US expansion; China names new PBOC chief; Investment industry unconvinced by CBDCs; Revival at Rolls-Royce
Majority of CFOs and CEOs still rate inflation as main threat to business - Industry roundup: 26 July
by Ben Poole
Mastercard solution lets businesses accept virtual card payments; Corpay launches tool to streamline and automate internal invoice settlement
China aims to boost private investment – Industry roundup: 25 July
by Graham Buck
JPMorgan's Chase arm to launch in EU; Nigeria adds NFC upgrade to eNaira; UPS resumes talks to avert strike; Algeria applies to BRICS
Banque de France shares wholesale CBDC takeaways - Industry roundup: 24 July
by Ben Poole
Likelihood of US recession falls; Wolters Kluwer launches tax reporting tool for MNCs, Banco Santander, BBVA and CaixaBank join forces to fight fraud
US FedNow Service goes live for instant payments - Industry roundup: 21 July
by Ben Poole
Citi launches electronic trade loan facilities; UK inflation print surprises on the downside; US trade activity shows resilience
World Bank chief sees “window of opportunity” for India – Industry roundup: 20 July
by Graham Buck
UK and Turkey to update trade deal; Climate change 'may end 9-5 workday'; China's e-yuan gains traction; SG wins France's first full crypto licence
US business leaders’ economic outlook remains tempered
by Ben Poole
While predictions of recession have somewhat thawed, high cost constraints continue.
Security and transparency key for low-value cross-border payments - Industry roundup: 19 July
by Ben Poole
Bottomline launches fraud prevention for payers; Lloyds Bank in sustainability-linked FX agreement with Jet2
India and Indonesia plan cross-border payments link – Industry roundup: 18 July
by Graham Buck
Renault chief sounds supply chain alarm; Trade finance robust as growth slows; Trans Pacific trade members view expansion; More Europeans turn to BNPL
Investors still expect a US recession - Industry roundup: 17 July
by Ben Poole
UniCredit and Trustpair form IBAN Check partnership; BNP Paribas completes Kantox acquisition; NatWest enables iPhone payment acceptance in UK
Corporates move to diversify FX counterparties following banking crisis
by Ben Poole
88% of US corporates are exploring diversifying FX counterparties, while ESG has grown in importance to the business for 90% in the past year.
SEC adopts MMF reforms, ditches swing pricing proposal - Industry roundup: 14 July
by Ben Poole
Iberpay and Swift lead global instant payment pilot; FXall expands algo offering to include NDF currency pairs
China’s super SIM card for digital yuan – Industry roundup: 13 July
by Graham Buck
Borrowing cost gap narrows; RBI promotes digital rupee; Canada hikes rate to 5%; US inflation back at 3%
Citi Commercial Bank launches digital client platform - Industry roundup: 12 July
by Ben Poole
BIS survey finds digital currencies making headway; Majestic Steel USA scores US$287.5m credit facility; Mizuho issues major ESG bond
IPO market strong in Indonesia – Industry roundup: 11 July
by Graham Buck
Thames Water gains lifeline; Lufthansa signs new partnership with Deutsche; South Korea open to new banks; Argentina inflation to 'ease' to 142%
Fed’s digital dollar research study deemed successful - Industry roundup: 10 July
by Ben Poole
DBS launches e-CNY merchant collection solution; Basel Committee consults on revisions to core principles; RTGS.global adds banks in Georgia and Tajik
US services sector surpasses growth expectations - Industry roundup: 7 July
by Ben Poole
ESMA to assess sustainability risks in investments; HSBC joins UK quantum-secure metro network; Mastercard uses AI to fight real-time payment scams
Quantum digital payments move closer – Industry roundup: 6 July
by Graham Buck
BRICS members diverge on expansion; UK proposes voluntary ESG code; Eurozone business activity shrinks; China lenders cut dollar deposit rate
Investors intensify switch from equities to fixed income - Industry roundup: 5 July
by Ben Poole
NatWest calls for step change in approach to open banking; Argentina turns to Chinese yuan as dollars dry up
Yield curve inversion sounds recession alarm bell – Industry roundup: 4 July
by Graham Buck
BoA and Citi query Fed stress test result; China slaps curb on chipmaking metals; Asian manufacturing activity slows; Australia keeps rates on hold
BEPS 2.0 readiness is top of mind for CFOs - Industry roundup: 3 July
by Ben Poole
UK business confidence hits 13-month high; Mastercard looks to enable tokenised bank deposits; Sustainable Fitch launches transition assessment tool