Seven central banks and over 40 commercial banks have participated in a successful prototype of Project Agorá, an initiative to test the feasibility of a multi-currency shared programmable platform. A… read more →
Artificial intelligence (AI) agents can now plan, negotiate, and optimise a $2.4 million cross-border shipment in under half a second. They can match supplier terms, verify tokenised documents, pull live… read more →
On Monday, 19 January, the New York Stock Exchange (NYSE) announced its development of a tokenised securities platform. While it still seeks regulatory approval, the platform would enable the trading… read more →
On Wednesday, Switzerland announced new draft regulations aimed at reinforcing its anti-money laundering measures, making lawyers and consultants responsible for flagging risks and bolstering scrutiny of legal structures like trusts.… read more →
The International Finance Corporation (IFC), the private sector wing of the World Bank, has entered into a contract with Switzerland’s government to initiate the next phase of the Sustainable Cities… read more →
Today, Trade Secretary Kemi Badenoch flew to Switzerland to launch negotiations on a new UK-Switzerland free trade agreement (FTA) to boost trade between the two services superpowers. Switzerland is one… read more →
The recent rout in bank shares will not have a knock-on effect on commodities, global trading firm Trafigura’s chief financial officer Christophe Salmon told the Financial Times Commodities Global Summit… read more →
NetGuardians, a Swiss enterprise risk platform, specialising in combating financial fraud, has announced that Bank of Africa will use NetGuardians’ fraud prevention software to further safeguard its assets and branches… read more →
For sustainable trade finance to scale, the industry needs a uniform model for ESG data that can be used by everybody, says Pradeep Nair, Global Head of Structured Solutions and Development of Standard Chartered Bank
Just as the UK was experiencing record temperatures and a summer heatwave, the annual rate of inflation accelerated to a fresh forty-year high.
