Asset Management
FCA Sets Plans to Support Tokenisation in Asset Management
The Financial Conduct Authority (FCA) has laid out plans to back tokenisation in asset management, hoping to drive innovation and growth in the sector. Central to these plans is guidance that gives firms clearer direction and helps them adopt...
Banking
Deutsche Bank Completes First Euro Transaction on Blockchain
Deutsche Bank has announced the successful execution of its first euro-denominated cross-border payment on Partior's blockchain platform, a major milestone in the bank's digitalization with distributed ledger technology. The live transaction on blockchain was executed in collaboration with DBS,...
Asia Pacific
Investment Mission of Queensland on the World Stage
The Crisafulli Government in Australiaโs Queensland is driving new opportunities when it comes to Queensland exporters by way of a major trade as well as an investment mission to the United Kingdom, the United Arab Emirates, and throughout Europe.
โThe...
Banking
Swiss Banks Complete First Binding Payment Using Blockchain
UBS, PostFinance and Sygnum have completed what is being described as a first for Switzerlandโs banking industry: a legally binding interbank payment using tokenized bank deposits on a public blockchain. The pilot, supervised by the Swiss Bankers Association, explored...
Cards & Payments
EU Speeds Up Efforts to Launch Digital Euro across Eurozone
European Union (EU) policymakers are accelerating efforts to advance the adoption of the digital euro across eurozone, according to reports, following the recent passage of a US stablecoin law that heightened concerns about the competitiveness of European digital currency.
Earlier,...
Africa
Global Debit Card Market: Overview and Outlook 2024โ2032
Global debit card market was valued at $95.7 billion in 2023 and is anticipated to expand to $151.1 billion through 2032 at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2032. The estimated growth further solidifies...
Africa
Aon and Redkik Collaborate to Modernise Logistics Insurance
Aon, leading global professional services firm, has entered into a collaboration with Redkik, a software innovator in logistics and transportation insurance. The move is aimed at modernising how cargo and shippersโ interest insurance are embedded across global supply chains.
This...
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