The US Department of the Treasury has called for greater regulation of fintech-bank partnerships in order to prevent abuses and protect consumers.
Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.
Source: IFTA
India FinTech Forum, a not for profit fintech advocacy group representing Indian fintech companies, has announced 23 fintech startups who will give demos of their innovative products and services to a high profile jury this month.
The Monetary Authority of Singapore and the Federal Reserve Bank of New York are teaming up to explore the use of wholesale CBDCs for cross-border payments.
Binance says it will not go ahead with plans to buy FTX, citing the results of due diligence and reports of US regulatory investigations into its rival crypto exchange.
Central bank digital currencies (CBDCs) do not pose a threat to cryptocurrencies and would actually help build trust among sceptics by validating the underlying blockchain technology.
US regulator the Office of the Comptroller of the Currency (OCC) is setting up a financial technology unit to help it keep up with the "rapidly changing banking landscape".
Source: Target Group
Target Group, the operational transformation, business processing and software provider has today announced that Kathy Griffin will be joining as Chief Risk Officer, starting immediately.
