“We are looking a lot at the convergence of payments and commerce and the extent to which a very big player could use that to shatter that wall between banking and commerce,” the agency's director, Rohit Chopra, said this month
The Monetary Authority of Singapore (MAS) has announced its commitment to provide nearly USD 75 million to advance quantum and AI features in the financial landscape
The three European Supervisory Authorities (RBA, EIOPA, and ESMA – the ESA) have published a new batch of policy products under the Digital Operational Resilience Act (DORA)
UK-based D•One has announced that NewDay , an unsecured consumer credit provider, went live with its Open Banking connectivity and transaction categorisation solutions
UK-based digital bank Monzo has planned to launch a bank account for children under 16, letting youngsters set savings goals and organize money with ‘pots'
US-based Capital One has announced the launch of a community benefits plan that is set to deliver over USD 265 billion in lending, investment, and philanthropy over five years