Is the US dollar’s dominance under threat?
The US dollar (USD) has been the undisputed international currency of choice since the end of the Second World War. […]
Payments
Taulia and Lloyds launch Visa-enabled virtual cards embedded in SAP ERP
Taulia, a working capital management provider owned by SAP, and Lloyds Bank have announced the launch of a new embedded
Jiko introduces JikoNet, a network for real-time treasury settlement
Jiko, a San Francisco-headquartered technology platform and bank, has announced the launch of JikoNet, its settlement network that is designed to facilitate real-time transactions while minimising counterparty and liquidity risks.
HSBC partners with TreviPay on B2B eCommerce payments
HSBC has announced a partnership with TreviPay to expand financing options for business-to-business (B2B) eCommerce transactions. The collaboration aims to improve digital purchasing experiences by integrating trade credit and invoicing solutions directly into online sales channels.
HSBC introduces seven-day cash concentration solution
HSBC has launched a cash concentration solution for its corporate clients to manage their in-country liquidity seven days a week.
Bank of Korea lowers interest rates to support slowing economy
The Bank of Korea (BOK) cited weakening consumer sentiment and external pressures, including trade uncertainty and global monetary trends, as key factors in its decision. Analysts widely expected the move, which brings the policy rate to its lowest level since mid-2022.
Kani Payments secures investment for expansion into international markets
Kani Payments, a Newcastle-based fintech firm, has secured a multi-million-pound Series A investment led by Maven Capital Partners. The funding
Mastercard Move and ACE Money Transfer partner on cross-border transactions
A new collaboration between ACE Money Transfer and Mastercard Move aims to speed up and make international remittances more convenient for customers across multiple regions. The partnership will allow ACE customers in the UK, Australia, Canada, and Europe to send money in near real-time to recipients in India, Norway, Denmark, Sweden, and Single Euro Payments Area (SEPA) countries.
ACH Network’s governing body names 2025 Board of Directors
Nacha, the governing body behind the ACH Network, has announced its board of directors for 2025, comprising executives from large