Banking

Banking is moving toward a model in which payments are expected to work continuously rather than within the operating windows of traditional clearing systems. Fast-payment infrastructure now allows funds to become available almost immediately, including outside conventional banking hours....

The expansion of instant payments is changing the way financial institutions approach fraud. When funds can move and become available within seconds, the window between detecting suspicious activity and taking action becomes substantially smaller. Fraud controls that depend primarily...

Corporate treasury is traditionally built around forecasting cash requirements, scheduling transfers and managing liquidity across accounts and banking relationships. The growing availability of instant payments is beginning to change that operating model by allowing companies to move funds continuously...

China has issued a comprehensive China financial sector plan covering the period from 2026 to 2030, setting out a roadmap for building a modern financial system with Chinese characteristics. The plan was formulated by the office of the Central...

OpenAI has introduced ChatGPT for Financial Services, a tailored ChatGPT Work experience designed to help financial institutions develop research, financial models and customised client materials. The product combines built-in financial data with GPT-6 Astra’s reasoning capabilities and is initially...

China's Ministry of Finance is pressing ahead with a major China capital boost through a RMB300 billion special treasury-bond programme designed to strengthen the capital of eight centrally administered state financial institutions. The recapitalisation effort spans major commercial banks,...

A Swiss industry initiative developing a Swiss franc-denominated stablecoin has moved into controlled live testing, marking a new stage for the Swiss Stablecoin Pilot. Financial market infrastructure operator SIX and digital payment app TWINT joined the project on Tuesday,...