The new subsidiary will enable JPX to accelerate its work to diversify its businesses, advance the sophistication of its services, and improve market efficiency.
The increasing appeal of non-cash and online payment options and the reducing number of bank branches and ATMs could present resilience issues for the cash system.
Once a political agreement is reached between the European Council and the European Parliament, the draft rules can become law.
17 FIs and fintechs are piloting the API-based MyData service starting today (1 December), ahead of a full launch on 1 January.
ITE1 is open for software providers to test functional and non-functional workflows for the new equities clearing and settlement system.
Crypto payments firm TripleA is the fourth company to receive a DPT licence in Singapore after FOMO Pay, DBS Vickers and Independent Reserve.
Digital banks and unit investment trust funds can also participate in the secondary market for central bank securities.
The sandbox aims to help current and prospective CDR participants build and test their solutions faster, and improve accuracy and quality.
Consumers must give consent for their credit data to be shared with the PBOC to use Ant Group's lending services.
Automated execution of portfolio rebalancing transactions will be allowed, subject to the rebalancing thresholds agreed by clients being reached.
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