BankingEU prosecutors launch bombshell corruption probe into former European Investment Bank chief – POLITICOJune 24, 202455Police officers from Germany and Luxembourg have in recent months seized material related to the investigation, according to two officials...
BankingOpen Banking payments adoption to increase among UK consumersJune 24, 202463Nearly one-fifth (19%) of UK consumers intend to increase their adoption of Open Banking payments over the next five years,...
MoneyVon der Leyen accused of power grab of €400B in regional cash – POLITICOJune 12, 202446The reform has set von der Leyen, the favorite to remain as president after her five-year term ends later this...
CryptocurrencyIs Europe ready for MiCA?June 7, 202481Europe is currently at the tipping point of regulating cryptocurrency. The European Union has passed the Markets in Crypto-Assets Regulation...
CryptocurrencyRipple Partners With Clear Junction to Enhance UK and EU Cross-Border PaymentsJune 5, 202484Today, Ripple, the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction, the global leader...
CryptocurrencyWill a crypto-savvy President be preferred after the FIT21 bill?May 30, 202458May 2024 saw the US House of Representatives pass FIT21 – the Financial Innovation and Technology for the 21st...
FinanceEurope left worried by US plan on Russian assets to pay for Ukraine – POLITICOMay 25, 202479While the signals are now strong that Europe will agree to the U.S.-led proposal to leverage the future profits of...
BankingAbrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumersMay 23, 202469The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the...
BankingUK bank fraud losses topped £1 billion last yearMay 22, 202468 Fraud losses in the UK dropped by four percent in 2023, but still topped the £1 billion high watermarket. ...
BankingA U.S.-dollar-pegged stablecoin would supercharge banking and paymentsMay 10, 202459A "true" stablecoin would benefit the economy by improving the money supply, facilitating frictionless payments and lowering the cost of...