Bank Negara Malaysia has announced that it will issue five digital banking licences by next year. So far, BNM has received 29 applications.
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The strategic partnership between LINE and Hana Bank continues following the launch of digital banking platform LINE Bank in Indonesia. Following the start…
Kazakhstan has started a public consultation for the launch of a central bank digital currency (CBDC).
Despite 2020 being a difficult year for most economies, some countries’ remittance flows have proven more resilient than expected during the COVID-19 pandemic,…
Alibaba posted a quarterly net loss for the first time since 2014 mainly due to the anti-monopoly fine slapped by the regulator in March. Tighter regulation…
The world’s 60 largest banks from Europe, Asia and North America continue to funnel nearly $3.8 trillion into fossil fuel projects from 2016 to 2020. Most…
Singapore’s three major commercial banks, DBS, OCBC, and UOB, reported improved financial results for the first quarter of 2021
Determined to make Europe the first climate-resilient continent by 2050, the European Commission presented a package of new proposals that more granularly…
The largest US cryptocurrency platform goes public and China's digital renminbi testing speeds up
China’s State Administration for Market Regulation (SAMR) imposed administrative penalties on Alibaba for its antitrust activities in the online retail…