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Third of central banks delay CBDC timelines

With Donald Trump banning work on a digital dollar, a central bank survey suggests that while 75% still plan to issue a CDC, nearly a third have pushed back their issuance timeline.

Tenity buys startup accelerator Hackquarters

Tenity, an early-stage investor in fintech and insurtech firms that has also built up an “innovation ecosystem”, has acquired Hackquarters, a startup accelerator with a strong presence in fintech.

JPMorgan leads quantum computing arms race

JPMorgan is far and away the market leader in tackling the threats and opportunies for banks presented by advancements in quantum computing, according to research published by benchmarking platform Evident.

United Fintech adds Athena to portfolio

United Fintech, an outfit dedicated to hoovering up a stable of capital markets fintechs, has bought a 25% stake in Athena Systems, a US provider of investment decision support and automation software.

Brazil’s PicPay eyes US IPO

Brazilian fintech PicPay is looking to raise up to $500 million in a US initial public offering, according to Bloomberg.

EBAday 2024: Derisking correspondent banking and cross border payments

Taking to the stage on the second and final day of EBAday in Lisbon, Portugal were Erik Frantz, executive director, financial institutions – banks, CaixaBank; Roisin Levine, head of UK and Europe partnerships, Wise Platform; Rafael Linde, head, international development and global relationship management, Cecabank; Dean Sposito, head of institutional cash and trade finance, Western Europe, Deutsche Bank; and Gareth Lodge, senior analyst, payments, Celent, who moderated the session.