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Nalezeno "AI in banking": 2206

Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

24.9.2024
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia...

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

23.9.2024
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area

US ‘far behind’ on crypto, election no quick fix: Ripple APAC boss

20.9.2024
The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray

World Banking Giants Join Project Agora to Reengineer Cross Border Payments

18.9.2024
Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border...

Three Ways DeFi Will Revolutionize Financial Services

18.9.2024
DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System

17.9.2024
Previously, the stablecoin could only be purchased through crypto exchanges

How To Solve The High Banks Passcode In Once Human

17.9.2024
Free-to-play multiplayer open-world survival game Once Human is full of otherworldly mysteries, such as a hotel with ghostly volunteers guiding you toward secret notes throughout the town. And it’s the little encounters and special details like these that keep so many of us playing long after...

Hong Kong prepares AI guidelines for finance sector

17.9.2024
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week

UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK

16.9.2024
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process

Mastercard enables non-custodial crypto spending in new partnership

5.9.2024
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants

US Banking Regulator Calls for Stronger Oversight of Crypto Risks

5.9.2024
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets...

Fed hits Texas bank with cease and desist over servicing crypto firms

5.9.2024
The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures.

United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’

4.9.2024
United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money laundering (AML) program and corporate governance...

India’s HDFC Bank Launches New UPI and CBDC Features

2.9.2024
HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mumbai, India, these innovations, developed...

Chase ‘infinite money’ glitch leaves TikTokers in huge debt

2.9.2024
Users on social media have been reporting a “glitch” with Chase Banks ATMs that allowed them to withdraw large sums without having sufficient funds in their accounts

Robert Kiyosaki Pushes Bitcoin as US Debt Soars to Alarming Levels — Warns of Banking System Failures

25.8.2024
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days. He advises investing in gold, silver, and bitcoin to safeguard against economic instability. Kiyosaki also points out the dangers of relying on traditional banks...