News

Tokenized Deposits have moved a step closer to broader institutional use after HSBC and Standard Chartered completed what the banks described as the first bank-to-bank transaction of its kind via SWIFT's digital blockchain-backed ledger. The banks reported the completion...

Creatio and Bayanat have entered a partnership aimed at helping financial institutions across the MENA region automate customer operations and banking workflows using AI and no-code technology. The collaboration brings together Creatio's AI-native CRM and workflow platform with Bayanat's...

The decision by FinCEN to exempt domestic U.S. companies from beneficial ownership information reporting carries real consequences for banks, broker-dealers, mutual funds, futures commission merchants, introducing brokers in commodities, and other covered financial institutions. While the filing burden has...

Canada and the African Development Bank Group are consolidating their financial partnership into a single integrated investment framework. The approach brings together development finance, export credit, climate finance and private-sector engagement under one coordinated structure, with the aim of...

Munich Re has announced an agreement to acquire At-Bay, a US-based insurtech company specialising in cyber insurance and proactive cybersecurity solutions for small and medium-sized enterprises. The cyber insurance acquisition values At-Bay at an enterprise value of $575 million...

Ripple, a blockchain payments company, has entered into a partnership with South Korean regional bank Jeonbuk Bank to deploy faster Cross Border Payments for busin ess customers. The collaboration makes Jeonbuk Bank the first regional bank in South Korea...

Lloyds Banking Group has announced a target of directing £100 billion into sustainable finance and transition finance by 2030. Alongside this commitment, the bank has launched a new Sustainable and Transition Finance Framework that sets out how the capital...