Technology

The European Central Bank is advancing plans for an integrated European tokenised finance market, with central bank money positioned as the settlement anchor for tokenised financial assets across the continent. ECB Executive Board member Piero Cipollone has outlined the institution's...

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...

Macau has released a new five-year strategic blueprint aimed at reducing its heavy reliance on casino revenues. The plan places Macau Financial Services, digital currency adoption and deeper economic ties with mainland China at the centre of the territory's...

Three of the world's largest banking institutions, Citi, HSBC and Standard Chartered, have adopted Ant International's forex AI tool to strengthen foreign exchange management capabilities for their business clients. The move reflects a growing appetite among major financial institutions...

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...

The global financial ecosystem is currently traversing a period of unprecedented structural evolution, where the pursuit of post trade efficiency has become the cornerstone of capital markets transformation. For decades, the back-office functions of financial institutions were often viewed...