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Category: News

Feb 21
Plain Numbers and Visa join forces to enhance inclusivity and empower vulnerable communities

Estimated reading time: 2 minutes New collaboration will pave the way for enhanced communications around government disbursements June 4th, 2024 — London, United Kingdom — Today, Plain Numbers announced a strategic collaboration with Visa, focused on enabling inclusive financial services for adults in the UK. With Visa’s vast network and the Plain Numbers Approach, the […]

Feb 21
Maybank Singapore partners with PracBiz to automate supply chain finance processes

Maybank Singapore has struck a partnership with PracBiz, the Singapore-based digital supply chain platform, to offer financing solutions to qualified users of its PracBiz Exchange (PBX) platform.

Feb 21
BII to unlock private capital, announced at COP29

British International Investment (BII), the UK’s development finance institution and impact investor, will unveil new investments and partnerships at COP29 this week to mobilise private capital into climate finance.

Feb 21
What the NDC 3.0 guidelines mean for small businesses

The International Trade Centre (ITC), the UN agency for small businesses, has just released their  NDC 3.0 guidelines. Announced yesterday at COP29 in Baku, Azerbaijan, the guidelines provide a way for countries to practically support small and medium-sized enterprises (SMEs) in achieving national climate goals. 

Feb 21
Unreleased ECB report reveals EU banks’ lower capital requirements compared to US, amid Basel III debates

A sensitive internal report at the European Central Bank (ECB) has sparked debate among Frankfurt officials. Its findings suggest that major EU banks would face substantially higher capital requirements if held to the same standards as their American counterparts.

Feb 21
US Treasury official warns of alternative payment systems risk

Brent Neiman, the US Treasury’s assistant secretary for international finance, has cautioned that new cross-border payment systems could threaten global financial stability if they sidestep established anti-money laundering (AML) standards. 

Feb 21
US financial institutions explore regulated settlement network with shared ledger technology 

An industry initiative launched by a consortium of leading US financial institutions has demonstrated the potential for an always-on, interoperable settlement network, promising to streamline multi-asset transactions.

Feb 21
A tipping point for digital trade? Electronic Bills of Lading gain ground

According to a survey by the FIT Alliance released this week, electronic Bills of Lading (eBLs) are growing in popularity as a critical catalyst for modernisation.

Feb 21
LatAm payments company dLocal adds FCA authorisation

The Uruguay-based payments company dLocal has secured a payment institution licence from Britain’s Financial Conduct Authority (FCA).

Feb 21
Basel 3.1 delayed to 2027 due to US uncertainty

The Bank of England’s Prudential Regulation Authority (PRA) announced on Friday it would delay the implementation of the Basel 3.1 rules to 1 January 2027 due to “uncertainty around the timing of implementation of the […] standards in the US”. 

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