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Russian banks cut off from Swift and Central Bank from international reserves

28 Feb 22 @ 09:52

For all of those of us, myself included, who thought that the sanctions laid out by ally governments around the world on Russia were not strong enough, I think we... read more

Indecision in Europe as UK and US push for Russian ejection from Swift

25 Feb 22 @ 16:21

A raft of economic sanctions have been heaped on Russian banks and oligarchs as the West promises to make Vladimir Putin pay dearly for invading Ukraine. But even with Russian... read more

Digital transaction banking battleground heating up

25 Feb 22 @ 13:00

No trend is more reliable than transaction banking (TB) retaining its much-vaunted position as the bedrock of commercial banking customer engagement and relationship management strength. Across cash management, payment processing... read more

MUFG shuts down blockchain-based payments network

25 Feb 22 @ 09:35

MUFG, Japan’s biggest bank, has announced it will shut GO-NET, the IoT payments solution it set up in 2019 as a joint venture with Akamai in which MUFG held an 80% stake. GO-NET... read more

Can Europe’s banks cope with the fallout from Russian sanctions?

23 Feb 22 @ 13:04

Just as the European banking sector started to see some attractive tail winds pushing it along, the first since the crisis in 2008, Europe is now on the brink of... read more

UK Open Banking users pass the 5 million milestone

23 Feb 22 @ 12:31

There are now more than 5 million active users of Open Banking (OB) services in the UK based on data provided during January 2022 by the CMA9, the nine banks... read more

Riksbank weighs moving forward with e-krona CBDC

23 Feb 22 @ 12:17

The Riksbank is investigating whether it is possible to issue a digital complement to cash, a so-called e-krona. Just like cash, the e-krona would be issued by the Riksbank and... read more

ATM’s and cash withdrawals suffer in Europe as pandemic begins to lift

22 Feb 22 @ 16:49

We’ve made it to 2022, and even though the pandemic lingers in the background, the explosion of digital payments it caused has left a very different world in its wake... read more

Why Berkshire Hathaway sold out of Visa and Mastercard

22 Feb 22 @ 09:30

Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more

Presence-assured face biometrics can stop the current fraud spiral. Here’s how

22 Feb 22 @ 09:00

A crisis is emerging in e-commerce. From week to week, new studies are published showing fraud attempts in e-commerce – and successful frauds – are rocketing. Meanwhile, governments in the... read more

Long Read: Are central banks going off the idea of CBDC?

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

What will the metaverse mean for digital commerce?

21 Feb 22 @ 10:51

Following the 28 October 2021 announcement that Facebook will be renamed ‘Meta’, the term ‘metaverse’ has truly come out from the back room, where the gamer is consumed by games such... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more