Industry roundup: 13 April
by Kylene Casanova
US CBDC making progress, embedded financing to SMEs, crypto in Philippine market, Australia and Singapore fintech, wearable payment device.
News
The world may be heading into a recession
by Pushpendra Mehta , Executive Writer, CTMfile
War, an already pandemic-stricken global economy, supply chain chokeholds and soaring inflation have raised the probability of a worldwide recession.
Industry roundup: 12 April
by Graham Buck
Banks aim to decarbonise aviation; Nokia joins Russia exodus; EBF rebuffs EU plans for clearing market; Sri Lanka seeks US$3bn rescue
Industry roundup: 11 April
by Kylene Casanova
FDIC guidelines on banks, Sezzle withdraw from India, FCA enforcement on crypto, Russia calls for BRICS integration, Mastercard & bitsCrunch partner.
Industry roundup: 8 April
by Kylene Casanova
China eliminates obstacles for US audit, Bank of Ireland data breaches, Bolt to acquire Wyre, Wells Fargo and BOA to enable Zelle for retail.
Industry roundup: 7 April
by Graham Buck
Ukraine war to crimp global growth; IOSCO reviews corporate bonds risk; Intel completes Russia exit; BNP Paribas' green ETF
Industry roundup: 6 April
by Kylene Casanova
OFAC sanctions against Hydra; NatWest Group reduce APP fraud; Brazil bank cloud-based fraud solution, Visa & PopID alliance; Middle East biometrics
Industry roundup: 5 April
by Graham Buck
US Treasury tightens Russia squeeze; EU raises €6bn from second green bond; China’s RMB cross-border payments rise; UK plans crypto NFT
Industry roundup: 4 April
by Kylene Casanova
Sberbank launches crypto, M&T Bank acquires People's United Financial, India's digital payments, PSR investigating fees, United Bank of Russia.
Ukraine war has brought the world to the brink of a food crisis
by Pushpendra Mehta , Executive Writer, CTMfile
The UN food chief warns of the biggest food crisis seen since World War II.
Industry roundup: 1 April
by Kylene Casanova
Citi launched 2022’s Digital Money Index, FDIC guidance on climate risk, BIS Innovation Hub and MA prototype supervisory analytics platform...
Europe courts Qatar for an alternative to Russian gas
by Pushpendra Mehta , Executive Writer, CTMfile
Qatar is emerging as Europe’s new hope for weaning itself off Russian natural gas
Industry roundup: 31 March
by Graham Buck
Russia talks SWIFT bypass with India; Big Q1 fall in corporate bonds; China plans more e-CNY trials; NFTs “could go mainstream”
Industry roundup: 30 March
by Kylene Casanova
KPMG and Volante partnership, Japan closes crypto loophole for sanctions, Coinbase may acquire 2TM, Bank of England to withdraw legal currency status.
39 seconds, rising fraud and supply chain cybersecurity
by Pushpendra Mehta , Executive Writer, CTMfile
Strategic Treasurer’s Treasury Fraud & Controls Survey Report highlights rising fraud and limited due diligence of supplier chain cybersecurity.
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
Industry roundup: 28 March
by Kylene Casanova
MIT and BOE digital currency, Israeli Bank accept cryptos, Decentralized finance risks, US dollar losing position against yuan, Apple fixes loopholes.
Industry roundup: 25 March
by Kylene Casanova
Oxxo to be a superbank, CBDC credentials for a US CBDC, Australia adopting stablecoin, Credit Suisse $500 million fine, Apple helps boost payments.
4 weeks into war, Germany may be heading into a recession
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.
Industry Roundup: 24 March
by Graham Buck
WTO on supply chain disruption; Partial reopening for Moscow exchange; Crédit Agricole post-Brexit fees; Citi, Stenn pair on supplier financing
Industry roundup: 23 March
by Kylene Casanova
Cross-border CBDC platform interoperability, RippleNet - potential alternative to CBDC, Mastercard connects banks to BNPL, Biometric tech and fraud
The Russia-Ukraine war and reactions of fintech service providers
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.
Industry roundup: 22 March
by Graham Buck
Transition from Libor progressing; Bank majors form syndicated loan platform; ClearBank raises £175m for expansion; Euroclear takes stake in Fnality
Industry roundup: 21 March
by Kylene Casanova
Russia bond payments, bond yields to increase, slight surge in funding for illegal crypto, Australia begins talks on including open finance in CDR.