Financial Institutions Archive

Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs

A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can

Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says

The digital euro should be an attractive means of payment but its design should

Colombian Government Might Take Unused Funds From Bank Accounts Inactive for a Year

The budget law for the next year, which was recently approved by the Colombian

Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout

A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the

IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks

Over the last few weeks, Americans have read about the U.S. Internal Revenue Service

UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland

British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia

Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push

Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering

Forex Shortages Force Nigerian Corporates to Turn to Parallel Market

Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this

Korean Banks Elevate Cybersecurity to Deal With Crypto-Related Risks

South Korean banks are taking steps to bring cybersecurity to a new level as

Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury

Payment service provider Allied Payment Network has partnered with New York Digital Investment Group,

Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests

Banking institutions in South Korea have reportedly requested to not be held accountable for

10,000 Financial Institutions Can Now Let Customers Buy, Sell, Hold Bitcoin Through Their Bank Accounts

Banks and credit unions of all sizes can now facilitate the buying, selling, and

Q2’s Banking Platform to Enable Over 18 Million Users to Buy, Sell, Hold Bitcoin

Q2’s digital banking platform, which currently powers nearly 30% of the top 100 banks

‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy

The Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption

Bank of Korea Seeking Technology to Develop Digital Currency

South Korea’s monetary policy regulator is taking steps to create its own digital coin.

Bank of Korea to Monitor Crypto Transactions Using Financial Records

South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial

Fintechs Invited to Work on Georgia’s Central Bank Digital Currency

National Bank of Georgia (NBG) has issued a call for companies in the fintech