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JP Morgan rebrands Onyx to Kinexys for blockchain charge

/wholesale

JP Morgan rebrands Onyx to Kinexys for blockchain charge

JP Morgan has rebranded its Onyx blockchain unit as Kinexys by JP Morgan as the banking giant prepares to bring the technology into mainstream financial services.

Visa to connect with QR code schemes across Asia Pacific

/payments

Visa to connect with QR code schemes across Asia Pacific

Visa is collaborating with a host of QR payments providers to enable cross-border payments across Asia Pacific.

Wise eyes trillion pounds prize

/payments

Wise eyes trillion pounds prize

With H1 profits and revenue ticking upwards, money movement firm Wise has set its sights on crossing the billion pounds transaction processing barrier and moving trillions of pounds across the world.

Kaizen secures $42 million growth equity investment for expansion across North America

/regulation

Kaizen secures $42 million growth equity investment for expansion across North America

London-based RegTech Kaizen has secured a $42 million minority investment from Boston-based Guidepost Growth Equity, setting the stage for an expansion in North America.

BCA Syariah partners Thought Machine to modernise Islamic finance

/cloud

BCA Syariah partners Thought Machine to modernise Islamic finance

Indonesia-based Islamic banking services provider BCA Syariah has rolled out Thought Machine’s cloud-native Vault Core platform.

NatWest rolls out mobile virtual corporate cards for business expenses

/payments

NatWest rolls out mobile virtual corporate cards for business expenses

Natwest has rolled out a virtual card payment tool, Approval2Buy, for business expenses, using Mastercard’s mobile virtual app card and tokenisation technology.

Banks and mobile operators collaborate on Scam Signal for detecting APP fraud

/security

Banks and mobile operators collaborate on Scam Signal for detecting APP fraud

GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s mobile network operators and banks to develop and launch Scam Signal, a new system to help address Authorised Push Payment (APP) fraud in the UK.

Banque de France and Monetary Authority of Singapore complete post-quantum cryptography trial

/security

Banque de France and Monetary Authority of Singapore complete post-quantum cryptography trial

The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have completed a groundbreaking joint experiment in post-quantum cryptography (PQC) to strengthen internet communications and data transfers conducted across continents.

Central banks form steering organisation to oversee roll out of Project Nexus

/payments

Central banks form steering organisation to oversee roll out of Project Nexus

The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, are to establish a managing entity, the Nexus Scheme Organisation (NSO), which will oversee the project in its live implementation stages, in Singapore.

Standard Chartered embeds with Wise for global remittances

/payments

Standard Chartered embeds with Wise for global remittances

Wise has signed Tier 1 global bank Standard Chartered to use its platform for cross-border remittances in Asia and the Middle East.

BBVA to train top executives in GenAI

/ai

BBVA to train top executives in GenAI

BBVA is creating a training programme to give its top executives a grounding in the use of GenAI to improve productivity.

NextGen: AI – Exploring the impact of generative AI in financial services

/ai

NextGen: AI – Exploring the impact of generative AI in financial services

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore the impact of generative AI.

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