Project Mandala, a collaborative effort between the Bank for International Settlements (BIS) and central banks, aims to simplify cross-border financial operations. It explores the...
Global financial institutions are grappling with soaring financial crime compliance expenses, amounting to $206.1 billion, with 98% of these institutions witnessing a rise in...
The trial of Sam Bankman-Fried, the founder and former CEO of the collapsed crypto exchange FTX, is underway with twelve jurors selected and opening...
The Financial Services Regulatory Authority (FSRA) within Abu Dhabi Global Market (ADGM) has imposed a penalty of $486,000 (Dh1.784 million) on the money service...
In the Karuvannur Service Cooperative Bank fraud case investigated by the Directorate of Enforcement, two individuals, P.R. Aravindakshan and C.K. Jilse, who are the...
A special investigative team is looking into the assets owned by individuals implicated in a cryptocurrency fraud case. The main culprits behind a multi-crore...
The Bank for International Settlements (BIS), in collaboration with the central banks of Australia, Korea, Malaysia, and Singapore, is exploring the concept of integrating...
Several prominent Canadian fintech companies, including Wealthsimple, EQ Bank, and Wise, have launched the Choose More campaign to raise public awareness and advocate for...
Finnish fintech company Saldo is set to launch banking services in Finland, starting with the introduction of a savings account. Originally founded in 2006...
Despite the ongoing turbulence in Washington D.C., Congress has taken initial steps to normalize the cannabis industry by introducing the SAFER Banking Act in...
Revolut has reached an agreement with its primary backer, SoftBank, over a change in shareholding structure, marking a significant development in the fintech firm's...
New York State is planning to expand its cannabis market and crack down on illegal sales. Governor Hochul has announced the availability of hundreds...
