Markets

A group of the world’s largest banks has announced a new global alliance aimed at creating common standards for tokenized asset settlements. The initiative, unveiled on Wednesday, brings together institutions including JPMorgan, HSBC, BNP Paribas, Mitsubishi UFJ Financial Group (MUFG),...

Japan is moving closer to a full-fledged central bank digital currency (CBDC) rollout, as the Bank of Japan (BOJ) announced plans to launch a digital yen pilot program for cross-border settlements in early 2026. The move marks a significant step...

Mastercard has taken another step in cementing its role in the digital payments ecosystem by partnering with a leading African fintech to expand crypto-based remittance services across the continent. The move comes amid surging demand for cheaper, faster cross-border payments,...

South Korea’s Financial Services Commission (FSC) has given the green light for the nation’s first spot Ethereum exchange-traded fund (ETF), a landmark development that further cements the country’s position as a growing hub for digital asset innovation. The new product,...

An African fintech startup has unveiled a new cross-border remittance platform powered by cryptocurrency, aiming to reduce transfer costs and speed up transactions for millions of migrant workers and families across the continent. The launch comes as Africa continues to...

A new wave of financial technology innovation is sweeping through the Middle East as a regional fintech startup has unveiled an AI-driven robo-advisory platform specifically tailored to offer Sharia-compliant investment solutions. The launch marks one of the first large-scale attempts...

One of Africa’s largest mobile money providers has announced a partnership with a leading global bank to expand access to digital credit across multiple markets. The collaboration marks a significant step in connecting traditional banking expertise with Africa’s fast-growing mobile-first...

One of Africa’s largest mobile money providers has announced the launch of a new micro-investing platform, signaling a major step in the region’s rapidly evolving financial technology landscape. The initiative aims to allow millions of unbanked and underbanked individuals across...

Latin America’s largest cryptocurrency exchange has announced the launch of a new payroll service that allows companies across the region to pay employees in stablecoins. The move is being positioned as a response to growing demand for alternatives to volatile...

The Reserve Bank of India (RBI) has begun piloting a major upgrade to its Central Bank Digital Currency (CBDC) project, testing interoperability between the digital rupee, India’s widely used Unified Payments Interface (UPI), and international remittance channels. The move marks...

A consortium of leading European banks has launched a cross-border digital trade finance hub aimed at simplifying international trade, reducing processing times, and increasing transparency for corporate clients. The initiative is designed to address inefficiencies in traditional trade finance, which...

A U.S.-based investment platform has launched a new feature that allows retail investors to build fractional portfolios focused entirely on environmental, social, and governance (ESG) stocks. The move aims to make socially responsible investing more accessible and affordable, enabling individuals...

China’s central bank has begun piloting new use cases for the digital yuan, integrating the currency with consumer loyalty and rewards programs across major retail chains. This expansion aims to increase the practical adoption of the central bank digital currency...

A fintech startup has introduced an AI-powered liquidity forecasting platform aimed at helping small and medium-sized enterprises (SMEs) better manage their cash flow and make informed financial decisions. The platform leverages machine learning algorithms to analyze historical financial data, real-time...

Latin American nations are stepping up efforts to explore a unified framework for central bank digital currencies (CBDCs), aiming to boost financial inclusion and streamline cross-border trade across the region. According to sources familiar with the discussions, central banks from...