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A service for global professionals · Saturday, April 5, 2025 · 800,491,473 Articles · 3+ Million Readers
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  • Published on 02:04 GMT

    Canada: Competition Bureau releases report from public consultation about effects of AI on competition

    In brief The Canadian Competition Bureau (“Bureau“) recently published the Consultation on Artificial Intelligence and Competition: What We Heard (“Report“), which summarizes feedback it received from its 2024 public consultation about how AI is impacting …

    Source: Global Compliance News - Neutral
  • Published on Apr 4, 2025

    How ‘weaponised trade’ could lead to ‘weaponised capital’

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is co-founder and chief investment strategist at Absolute Strategy Research Donald Trump has weaponised trade with his “ …

    Source: The Financial Times - Neutral
  • Published on Apr 4, 2025

    CBDC advocates tout 'inclusion,' but women are being left behind

    Central bank digital currencies have the potential to improve financial inclusion for women, but only if they are combined with a system that lowers multiple other barriers to their financial empowerment, writes Sonja Kelley, of Women's World Banking. …

    Source: American Banker - New York - Neutral
  • Published on Apr 4, 2025

    March Forex Reserves at $409.7 Billion Amid Ongoing Exchange Rate Volatility

    South Korea's foreign exchange reserves rebounded in March after three consecutive months of decline, maintaining the psychologically important threshold of $400 billion. Despite expectations of a decrease due to increased foreign exchange market …

    Source: Business Korea - Neutral
  • Published on Apr 4, 2025

    BSP, other Project Nexus partners set up entity to manage multilateral cross-border payments scheme

    THE BANGKO SENTRAL ng Pilipinas (BSP) and the four other central banks in the region that are the “first movers” in an instant cross-border payments initiative have set up an entity to run the scheme, bringing it closer to live implementation. The BSP, …

    Source: Business World - Label Pending
  • Published on Apr 3, 2025

    Global central banks form cross-border payments system

    MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP), alongside other central banks, has formally incorporated Nexus Global Payments (NGP) in Singapore to oversee the operational rollout of the multilateral instant cross-border payments scheme under …

    Source: Philippine STAR - Uncategorized
  • Published on Apr 3, 2025

    Nexus Global Payments Officially Launches, Marking Move to Operational Phase

    Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox A consortium of central banks has formally established Nexus Global Payments (NGP) in Singapore to manage a new multilateral cross-border payment system. The founding members …

    Source: Fintech News - Neutral
  • Published on Apr 3, 2025

    Korea's foreign reserves rebound from 5-year low in March: BOK

    Published: 03 Apr. 2025, 10:25 An official checks dollar notes at Hana Bank's Counterfeit Notes Response Center in Seoul on April 1. [NEWS1]   Korea's foreign reserves grew on month in March, rebounding from the lowest level in nearly five years on …

    Source: Korea JoungAng Daily - Center-right
  • Published on Apr 3, 2025

    FX Reserves Rebound for First Time in 3 Months

    Photo : YONHAP News South Korea’s foreign reserves increased in March for the first time in three months but stayed below 410 billion U.S. dollars.  According to the Bank of Korea(BOK) on Thursday, the nation’s foreign currency reserves stood at 409-point- …

    Source: KBS World - Label Pending
  • Published on Apr 2, 2025

    Climate and nature risk: a little less conversation, a little more action

    A school of tuna, part of a tuna farm off the coast of Italy. Photo: Greenpeace / Marco Care Central banks are being forced to rethink their roles in light of climate and nature risk, and the transition to a net-zero, nature-positive economy. They’ve …

    Source: Green Central Banking - Neutral
  • Published on Apr 2, 2025

    Are we overreacting to the growth of non-bank financial intermediaries?

    The financial world has a tendency to panic at the sight of change. With the rapid expansion of non-bank financial intermediaries (NBFIs), regulators and policymakers are sounding alarms about systemic risks, liquidity mismatches, and regulatory arbitrage. …

    Source: Business Day - Neutral
  • Published on Apr 1, 2025

    UAE aiming to launch retail central bank digital currency this year

    The Central Bank of the United Arab Emirates (CBUAE) has announced its intention to issue a retail central bank digital currency (CBDC) – a digital dirham – during the final quarter of 2025. The digital dirham’s launch is among the main initiatives of the …

    Source: Global Government Fintech - Neutral
  • Published on Apr 1, 2025

    Swiss love of cash fades as debit cards take over

    In a historic shift for one of Europe’s most cash-affectionate economies, debit cards have overtaken cash as Switzerland’s most used in-store payment method, marking a symbolic turning point in the country’s monetary habits. According to the Swiss National …

    Source: Payments cards & mobile - Neutral
  • Published on Apr 1, 2025

    Lagarde sees danger that AI could breed inequality in Europe

    European Central Bank President Christine Lagarde said artificial intelligence may undermine the region's social model if countries don't nurture the skills to harness such technology. Speaking at an ECB conference on AI on Tuesday, Lagarde …

    Source: American Banker - New York - Neutral
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