In the opening plenary of Sibos 2025 in Frankfurt, executives at Swift and leading German banks Deutsche Bundesbank and Deutsche Bank introduced the themes of the conference and what can be accomplished on ‘the next frontier of global finance’.
Deutsche Bank has developed a prototype app that can track a clients’ carbon footprint and help them save money by challenging their behaviour.
Citi has moved about 1000 technology jobs to support centres in India after slashing its workforce in China, according to Bloomberg.
British bank NatWest is integrating personal finance management and data enrichment technology from Sweden’s Open Banking outfit Tink into its mobile app.
Investment funds authorised in the UK may now be able to progress their tokenisation strategies following the publication of the first report from a government-backed industry working group.
UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada £104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.
The UK’s Co-operative Bank is to migrate its treasury operations to the cloud, utilising Finastra’s Kondor platform running on Microsoft Azure.
The Bank for International Settlements has appointed Beju Shah as the new Head of the Toronto Innovation Centre.
Binance Pay has integrated with Brazil’s Pix system to enable people to use crypto to make instant payments in reais.
Banco do Brasil is to work with German firm Giesecke+Devrient (G+D) to test offline payments as part of pilot trials of its central banking digital currency, Drex.
The new technology enables the US giant to streamline pricing, improving the experience for both customers and associates.
Swiss exchange operator SIX Group has agreed to buy UK-based challenger exchange and data provider Aquis for an enterprise value of £194 million.
Garanti BBVA is rolling out a crypto safekeeping service to its customers through a collaboration with Ripple and IBM.
PayPal has allocated $100 million to grow its business in the Middle East and Africa.
California-based open API card issuing and processing platform Marqeta is driving ahead with its global expansion efforts, signing up its first four European customers.