AXA Investment Managers has completed its first live market transacation using stablecoins issued by SG Forge, the digital asset arm of Societe Generale.

The London Stock Exchange is to grant access to licenced data within its Workspace and Financial Analytics products to provide staff, ChatGPT users and enterprise customers with richer insights and streamlined workflow.

“The People’s Bank of China (PBoC) will continue to promote healthy development of cross border payment in the principles of openness, cooperation and mutual benefit,” said Lu Lei, deputy governor, The People’s Bank of China, during the Sibos’s opening plenary.

Alan Marquard, executive vice president, applications at Mastercard commented on their current progress towards 2027 goals as reported by FSB in their second annual assessment in a session on G20 targets at Sibos in Beijing: “we’re four years in the journey to 2027, and we’re nowhere near there. I find that completely unsurprising. The metrics were set up as quantitative metrics, but set at a global level without clarity on who was responsible for achieving them.”

The Nigerian Exchange has enlisted the Central Securities Clearing System (CSCS) and Euroclear to help build a dollar settlement platform that will enable tech startups to raise in dollars.

AI insights company Behavox has acquired Mosaic Smart Data, a vendor that helps financial institutions extract actionable intelligence from their transaction data. Terms of the deal were not disclosed.

The London Stock Exchange suffered two outages on Tuesday, disrupting trading in hundreds of small company shares.

The proof-of-concept of what has been dubbed the Regulated Settlement Network (RSN) showcased the potential of shared ledger technology to upgrade multi-asset and cross-network transaction settlement for domestic users of US dollars and regulated securities.

The imminent introduction of the EU’s Digital Operational Resilience Act (DORA) will force sell-side firms to make significant changes to their third party risk management software and strategies, suggests a recently published survey.

Bite Investments, a technology provider for the alternative investments sector, has secured $25 million in funding from NewSpring Growth.

Innovative AI models should be trained to respect a ‘constitution’ or a set of regulatory rules that would reduce the risk of harmful behaviour, argues a senior Bank of England policy maker.

Crunchbase is getting an AI-powered makeover, moving away from historical company data towards predictive intelligence that it says will help users forecast with unerring accuracy how private firms are set to grow, what their funding rounds will look like, and future acquisitions.

The UK and US governments have set up a transatlantic taskforce to explore collaboration on digital assets.

Standard Chartered’s investment arm, SC Ventures, has joined a funding round for European crypto-asset exchange One Trading.

Leaders from the fintech and artificial intelligence (AI) industry gathered in Parliament last night for a special debate on the ethical and regulatory challenges posed by the technology to the UK.