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News
Why Did 21 Banks Need a Dollar That Is Not Their Deposit?
1+ week, 5+ day ago (788+ words) Twenty-one banks and asset managers told the market on Tuesday that they will form a company in the second half of 2026 and introduce a dollar stablecoin in the first half of 2027. Bank of America, Citi, Goldman Sachs and Wells Fargo…...
Revolut rolls out its first euro-backed stablecoin, EURR, creating a new bridge between fiat and crypto
2+ week, 5+ day ago (640+ words) London, United Kingdom – 26th August 2026 – Revolut, the global fintech with more than 80 million retail customers worldwide and over 16 million crypto users, has today commenced the phased rollout of EURR – a euro-backed stablecoin issued by Bridge, a Stripe company, and fully-integrated into…...
Is Goldman Sachs Warning That AI Will Weaken Banker Skills?
2+ week, 6+ day ago (218+ words) There are no more ordinary Tuesdays in finance since AI grabbed all the headlines. To highlight this, a Goldman Sachs partner has just put a clear warning on the table. Chris Churchman leads Marquee, the bank’s digital platform for institutional…...
BankSocial Appoints Payments Executive Glenn Wheeler as Director of Strategic Partnerships
2+ week, 6+ day ago (297+ words) Disruption Banking BankSocial Appoints Payments Executive Glenn Wheeler as Director of Strategic Partnerships Dallas, TX, August 24th, 2026 – BankSocial, a pioneer in Ai and Web3 credit union and banking solutions, today announced the appointment of industry veteran Glenn Wheeler as Director of Strategic…...
Italy’s Stock Market Is Surging. Its Retail Investors Are Not.
3+ week, 3+ day ago (716+ words) It has been a very hot summer for most of Europe. As many people do during the holiday season, I stopped off to see friends in Sicily. It was during one of those warm and atmospheric Sicilian evenings that I…...
HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift’s blockchain-based ledger
3+ week, 5+ day ago (276+ words) Milestone signals next step for cross-border payments as regulated deposits issued by banks are connected through Swift’s digital blockchain-based ledger 19August 2026 (London) – HSBC and Standard Chartered today announced the successful completion of bank-to-bank tokenised deposit interoperability through the execution of the…...
Thunes to Support Fiserv’s Real-Time Global Payouts for Platforms
3+ week, 6+ day ago (223+ words) Capability enables Fiserv merchant customers to offer real-time international payouts via a single integration. San Francisco, USA – Thunes, the Smart Superhighway to move money around the world, and Fiserv, a leading global provider of payments and financial services technology, today…...