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State Street signs up for AWS Backup service

Financial services giant State Street is one of the first firms to sign on for Amazon Web Services’ new AWS Backup, a fully-managed, centralised service to automate backups of data and meet regulatory requirements.

Mastercard rolls out Open Banking suite

Mastercard has unveiled a suite of open banking applications and services designed to help financial institutions and third party providers make the most of the PSD2 era.

Standard Chartered backs StraitsX stablecoins

Standard Chartered Bank is stepping deeper into the stablecoin space through a strategic partnership with StraitsX, a Singapore-licensed stablecoin issuer, to strengthen the reserve management of its US Dollar and Singapore Dollar stablecoins, XUSD and XSGD.

Judge orders Ripple to pay $125m penalty

Ripple has been ordered by a US judge to pay the Securities and Exchange Commission $125 million in penalties for improperly selling its XRP token to institutional investors.

Circle scores French regulatory registration

USD Coin issuer Circle has secured conditional Digital Asset Service Provider registration from French authorities and appointed JP Morgan and PayPal veteran Coralie Billmann to spearhead its operations in the country.