This synergy largely comes from a mutual understanding that more needs to be done to help uplift smaller parties in the financial ecosystem: underrepresented groups of society, small and medium-sized… read more →
Mahika Ravi Shankar (MRS): How can DFIs incentivise local institutional investors and pension funds to participate in domestic capital markets? Daniela Barrdear (DB): DFIs, and let’s also include some multilaterals… read more →
Since the general downturn in the cryptocurrency market in 2022, stablecoins—crypto tokens pegged to a fiat asset like the US dollar—have steadily taken over more of the cryptocurrency market. Investors… read more →
The SWIFT network, operated by the Society for Worldwide Interbank Financial Telecommunication, facilitates secure messaging between financial institutions globally. Abdelkader Husriyeh, governor of Syria’s central bank, told Reuters that a… read more →
Earlier this week, global trade technology company IQAX became the first in the world to have its electronic bill of lading (eBL) solution go live with the Digital Container Shipping… read more →
Every day, global corporates move nearly $23.5 trillion through financial systems in cross-border transactions, fueling economic growth. But hidden within these legitimate flows are sophisticated financial crime schemes that exploit… read more →
The transaction, completed on Tuesday, used a digital bill of exchange alongside supporting documents powered by blockchain verification technology from Swedish fintech Enigio, and executed through an interoperable digital channel… read more →
The Swedish buy-now-pay-later company’s “Klarna Card” combines immediate debit functionality with the ability to activate credit features through its mobile application, powered by Visa’s Flexible Credential platform. At an exclusive… read more →
The USDB token, unveiled this week, is backed entirely by US and Brazilian government bonds and will be subject to regular audits, according to the São Paulo-based company. The stablecoin… read more →
The legislation establishes a comprehensive licensing regime for fiat-referenced stablecoins (FRS), digital currencies designed to maintain stable value against traditional currencies. Stablecoins have emerged as a crucial component of cross-border… read more →