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Australia seeks industry participation in CBDC project

Finextra

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

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Payrails raises $32 million

Finextra

The round was led by HV Capital’s Growth Fund, with strong participation from all existing investors EQT Ventures, General Catalyst, and Andreessen Horowitz, bringing total funding raised to over $52.8

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Australia to commence multiple trials of tokenised asset settlement and CBDC

Finextra

Project Acacia, a joint initiative between the Reserve Bank of Australia and Digital Finance Cooperative Research Centre (DFCRC), has selected 14 participants to undertake trials of tokenised asset settlement in financial markets.

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Worldpay Brings Faster Refunds to the UK

Fintech Finance

The faster refund capability is available to the vast majority of UK shoppers using Mastercard and Visa cards when making purchases at participating retailers, including HMV. Consumers who make an eligible return can now receive near instant refunds when returning goods for online purchases.

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JPMorgan opens Fintech Forward programme in the UK

Finextra

Participants will also have the opportunity to take part in a sponsored trip to Slush in Helsinki, one of the world’s most founder-focused events.

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

Vietnam is undergoing a transformation and moving towards becoming a cashless economy, a shift that has been driven by innovative financial solutions and public initiatives, a new report by Chiming, a market research firm focusing on Vietnam and Indonesia, shows. E-wallets followed at 31%, ahead of bank cards at 18%.

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Security Bank Collaborates with Entrust to Enhance eKYC and Digital Onboarding

Finovate

Research from Statista points to a projected compound annual growth rate of 31% through 2029. ” Entrust is a veteran of Finovate’s developer conferences, having participated in both FinDEVr Silicon Valley 2015 and FinDEVr Silicon Valley 2016. billion. .