UK’s Open Banking Success: 10 Million Users
While open banking starts to gain traction in the U.S., across the pond the banking and payments sector is celebrating...
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CHAPS Payment System Service Restored
The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment...
Former Mozambique finance minister on trial in US over ‘tuna bond’ scandal that spurred debt crisis
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UK Foreign Secretary visits Israel and West Bank and calls for an immediate cease-fire in Gaza
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Average mortgage rate in USA rise to 6.95% in July 2024, ET RealEstate
Representative ImageLOS ANGELES: The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home...
Circle Attains EMI License, Achieves MiCA Compliance
Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s...
What MiCA’s July Implementation Means for Crypto
Stablecoins sit at the center of the crypto sector’s goals for a return to form. That’s because stablecoin digital assets,...
Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of...
5 Things to Watch as Open Banking Gains Ground in the US
Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed....
UK Neobank Starling Will Not Reapply for EU Banking License
United Kingdom neobank Starling reportedly does not plan to reapply for a European Union banking license. Instead, the company will...
