HSBC plans a year-end RedCoin launch under HKMA license FRS02, starting with PayMe and its mobile app before expanding to corporate use.
@pulseofnations.lol
@pulseofnations.lol
@alexisrjimenez.bsky.socialA pair of former bank CEOs, both of them self-described "bank junkies," have taken over a Chicago community bank, $3.7 billion-asset Parkway Bank, with plans to kick-start its growth.
@alexisrjimenez.bsky.socialWhy Fiserv pivoted on FIUSD
The #Payments processor had planned to issue its own #Stablecoin, FIUSD, by last year, but the strategy shifted for multiple reasons.
@musingthenews.bsky.social
@financiernews.bsky.social🤖 JPMorgan Tops Evident AI Index as Bank AI Adoption Accelerates
JPMorgan Chase ranks first in the Evident AI Index, which scores the 50 largest banks in North America, Europe and Asia on AI adoption. Capital One and Royal Bank of Canada follow.
@krishdhokia.bsky.socialChina’s rural banking sector shrank by 670 banks in one year.
They didn’t all simply collapse. Beijing is merging and restructuring smaller lenders as it tries to strengthen its financial system amid growing economic pressure.
thiswithkrish.com/china-670-ru...
#China #Banking #Economy #ThisWithKrish
@alexisrjimenez.bsky.socialOld Glory Bank raises $8M, chides Fed over blocked deal
The capital raise was forced after a planned merger with a special purpose acquisition company failed to receive the Federal Reserve's approval.
@quartzmedia.bsky.socialJPMorgan Rules AI Banking for Fifth Year Running ai-beat #JPMorgan #AI #Banking #AIDeployment #BankingRevolution
@quartzmedia.bsky.social@alexisrjimenez.bsky.socialToast adds fuel payments
Toast Fuel allows customers to run gas payments inside the store and at the pump alongside foodservice and general retail sales
@dailyalpine.comTechnical failures disrupt some banks in Tyrol #banking #technology #Tyrol
@quartzmedia.bsky.socialAs sanctions regimes evolve, banks face growing pressure to keep KYC processes accurate, compliant, and efficient. The right technology can help simplify that complexity while making compliance easier to manage at scale.
#KYC #Banking #Compliance #Pega http://my.sociabble.com/iVDeYjKiutxf
Cross-border payments are growing, but payment exceptions can quickly slow everything down.
#AgenticAI #Payments #Banking #Pega
AI in banking isn’t just about technology—it’s about people understanding how to use it effectively. AI literacy and cross-functional collaboration will be key to turning AI investments into real business value.
#AI #Banking #DigitalTransformation #Pega http://my.sociabble.com/uqy3akbaNJ7h
@alexisrjimenez.bsky.socialThe $3.5 billion-asset Bank of Ann Arbor is acquiring Huron Valley Bancorp. The $52 million, all-cash deal is the bank's third in suburban Oakland County, since 2017, but also its first whole-bank acquisition in five years.
@alexisrjimenez.bsky.socialDOJ won’t reopen Powell probe
However, there’s “more work to do to understand” how the Fed’s renovation project became so expensive, AG Todd Blanche told Bloomberg TV.
@intellinews.comGhana’s GoldBod to sell gold-generated dollars directly to banks under new FX framework: Ghana is formalising a new channel for supplying gold-generated dollars to commercial banks, placing its state gold-trading agency at the… Bne IntelliNews #Ghana #GoldBod #ForeignExchange #GoldMarket #Banking
@unscriptedpers.bsky.socialToday’s two Unscripted Perspectives explore both:
Data Governance That Helps a Bank Decide
Building Trusted Banking Partnerships Through Purposeful Data Sharing
#UnscriptedPerspectives #DataGovernance #Banking #DataPrivacy #BankingArchitecture
@francejeunes.bsky.socialPrêt étudiant : les deux voies pour financer ses études et les démarches qui comptent ❓ Quelles sont les deux voies pour obtenir un prêt étudiant ? ❓ Quelles sont les conditions du prêt garanti par l'État ? #banking #bpifrance #tuitionfees