R3, the infrastructure platform building digital solutions for financial markets, and Quant, the digital finance pioneer, announce the release of the results of UK Finance’s UK Regulated Liability Network. The report which follows work with UK Finance with eleven of its members and partners on “a new experimentation phase.” This is a new type of […]
CBInsights has released an extensive update focused on the role of “Big Tech in Fintech: How Amazon and Google are battling to own transactions.” The comprehensive research report from CBInsights pointed out that while Amazon and Google have reeled in their efforts to offer their own financial services, they “continue to embed themselves in the […]
The House Financial Services Committee has scheduled a hearing entitled “AI Innovation Explored: Insights into AI Applications in Financial Services and Housing.” The hearing, which is for the full committee, will take place on Tuesday, July 23rd. The Hearing may reflect the recent position paper released by the Donald Trump campaign, which is more supportive […]
Google Wallet is landing in India, although the existing Google Pay app will remain the place for all things payments in the country. The Wallet app will let users access boarding passes, loyalty cards, event tickets, public transport tickets, gift cards, and more. Over 20 brands, including Air India, Dominos and BMW, are onboard as […]
The subscription model involves paying in periodic intervals for goods or servicesbased on a prearranged capacity, the team at Juniper Research notes in a report. The research report explains that the subscription economy is an umbrella term for the market surrounding subscriptions, “including subscription commerce merchants, subscription management billing services and payment processing services that […]
Chairman of the US Federal Reserve Jerome Powell spoke before the Senate on Thursday, stating that the US was “nowhere near” CBDC development. Powell said that the Fed were not close to implementing a digital dollar, as it has no interest in a system that would require user data, saying that the US government would […]
The Council of the European Union has adopted new regulation that will make instant payments in the euro currency available to all EU and EEA members The Council of the European Union has adopted a new regulation that will make instant payments fully available in the euro currency to both consumers and businesses, across all […]
Launched in the 2010s thanks to the development of ecommerce, the concept of Buy Now, Pay Later (BNPL) is about to enter a new chapter in the European payments ecosystem. Famous for its opportunities in the context of an economic crisis, BNPL is also a point of attention for the European and national regulators that […]
Oleg Boyko, international businessman, has been removed from the list of persons against whom the Government of Canada previously decided to impose sanctions against Russia in connection with its invasion of Ukraine. Upon the recommendation of the Minister of Foreign Affairs of Canada, changes were made to the list of persons against whom sanctions were […]