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Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds. The first CBDC card transaction in Eurasia was successfully made on 15 November 2023.
BBVA has become the first European bank to form an alliance with OpenAI , aimed at using OpenAI's expertise to enhance the bank's use of generative AI.
Thailand’s Securities and Exchange Commission (SEC) is seeking public input on proposed changes to the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018). These changes aim to update the decree to better reflect current market conditions and improve regulatory efficiency. The goal is also to increase investor confidence in digital assets.
Starling's SaaS platform Engine could generate hundreds of millions of pounds a year for the UK digital bank, propelling it towards a £10 billion valuation, predicts investor Chrysalis.
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International insurtech company bolttech has entered into a partnership with Indonesian B2B procurement firm HAVA.id to provide comprehensive device protection solutions for the latter’s business customers. As part of this collaboration, HAVA.id will integrate bolttech’s device protection plans into its procurement consultancy services, covering a range of technology devices including smartphones, tablets, and laptops.
International insurtech company bolttech has entered into a partnership with Indonesian B2B procurement firm HAVA.id to provide comprehensive device protection solutions for the latter’s business customers. As part of this collaboration, HAVA.id will integrate bolttech’s device protection plans into its procurement consultancy services, covering a range of technology devices including smartphones, tablets, and laptops.
Money20/20 , one of the world’s biggest fintech shows, returns to Europe thisJune, with the spotlight on the dynamic relationship between humans and intelligent machines. Taking place in Amsterdam from 4 to 6 June, more than 350 speakers will take to the stage with leaders hailing from global banks such as Deutsche Bank and ING; fintech players such as Adyen and Revolut, senior representatives from the European Central Bank and the European Commission, and blockchain solution providers suc
Online brokerage Tiger Brokers Singapore has introduced 24-hour trading for over 500 popular US stocks and ETFs, including Tesla, Apple, and Nvidia. This new service allows Singaporean investors to trade on US markets round the clock, five days a week, without any additional fees. The launch follows significant interest from local investors seeking better access to US markets.
ZainCash Iraq , a payment service provider and subsidiary of March Holding , has implemented Temenos’ core banking and payments platform to drive the growth and innovation of its digital payment services. This move aligns with the strategic goals of the Iraqi government and the central bank to enhance financial inclusion and expedite the digital transformation of the national economy.
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Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
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CIBC today announced it is the first major financial institution to launch a bundled digital credit card and deposit account application for those new to Canada, making it faster and more convenient for these clients to make key banking decisions sooner.
If a chef was asked to cook a 5-star meal with nothing but a butter knife, the meal would turn out a lot different than if the chef had access to all the tools she needed to succeed. An industrial oven, customized knife set, large mixer, state-of-the-art cookware, and an experienced team of staff would make a world of difference for that night’s dining experience, right?
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Global provider of low-code platform Newgen Software has announced its partnership with Finastra in order to expand its market reach and optimise customer experience.
Mastercard and the African Development Bank Group have launched the Mobilising Access to the Digital Economy (MADE) Alliance: Africa , aiming to provide digital access to 100 million people and businesses across Africa within the next decade. The initiative, announced at the US-Africa Business Forum hosted by the US Chamber of Commerce , will initially focus on the agricultural sector and women, starting with a pilot programme to support three million farmers in Kenya, Tanzania, and Nigeria thro
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Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms
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US-based Capital One has signed an end-of-consumer card partnership agreement with Walmart , which made it the exclusive issuer of Walmart Consumer Credit Cards.
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