The Fintech Times

JULY 20, 2024

As global outages hit banking firms and payments worldwide, are we to be forever doomed by glitches, power outages and cyberattacks? Possible solutions may exist, but what are they? It’s been a bad week for global payment and IT systems, as the Clearing House Automated Payment System (CHAPS) experienced a major outage causing serious issues in the UK, swiftly followed by a Microsoft outage that caused havoc for banking firms across the globe.

Payments 122

Payments Mitigation Regulations Cybersecurity 122

The Fintech Times

JULY 20, 2024

The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a stablecoin in Hong Kong. Launched by HKMA in March 2024, the stablecoin issuer sandbox is part of the regulator’s efforts to facilitate responsible development of the stablecoin ecosystem in Hong Kong.

Stablecoins 105

Stablecoins Participant Cross-Border Issuers 105

The Fintech Times

JULY 20, 2024

Imagine a future where cars, through the integration of embedded finance, could become ‘intelligent digital tokens’ Tokens which can facilitate payments, financial flow management, data collection and more. Looking to make this future a reality, Toyota Financial Services Italy , the financial division of Toyota Group has become a corporate partner of Fintech District , the international reference community for the fintech and techfin ecosystem in Italy.

Finance 69

Finance Embedded Finance FinTech Interoperability 69

The Fintech Times

JULY 20, 2024

As fintechs and financial services firms turn their attention to cloud technology, many are coming across challenges. These range from information sharing to best practices and beyond. Looking to simplify the cloud adoption journey for firms, the US Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) has published a suite of resources.

Treasury 59

Treasury FS-ISAC Consumer Financial Protection Bureau (CFPB) Due Diligence 59

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

AI