Bank of England tests AI to spot real-time payment fraud
A project by the Bank of England and the London BIS Innovation Hub to use AI to spot…
Crypto Rulemaking Has FinTech Rushing in, TradFi Waiting to See
Highlights Companies across payments and banking are moving forward with stablecoin initiatives, balancing innovation with regulatory risk in…
bne IntelliNews – Hungarian central bank books €2bn loss in 2024
The Hungarian National Bank (MNB) incurred a HUF789bn (€1.95bn) loss last year, according to the annual report of…
Why an Italian banking battle is sowing division in Giorgia Meloni’s government – POLITICO
Tajani is also national secretary of Forza Italia, the party founded by the late Silvio Berlusconi. Silvio’s heirs…
Russia’s Economy Facing Triple Threat
Russia’s economy faces the triple threat of a banking crisis, companies forgoing dividend payouts and a sharp downturn…
Fed marks its centennial at downtown St. Louis headquarters
David Nicklaus St. Louis Post-Dispatch ST. LOUIS — When the nation’s new central bank decided where to put…
Ohio moving ahead with cryptocurrency acceptance | Ohio
(The Center Square) – While President Donald Trump and Vice President J.D. Vance continue to push cryptocurrency as…
Indian Banks Log Threefold Uptick in Fraud
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. In its annual report Thursday (May…
Christine Lagarde discussed leaving ECB early to run Davos forum, founder says – POLITICO
The most recent discussions they had on the subject, he added, were in early April in Frankfurt, “to…
bne IntelliNews – Hungary’s central bank keeps rates steady at 6.5%, reaffirms cautious outlook
The Monetary Council of the Hungarian National Bank (MNB) left the base rate on hold at 6.5% while…
Over £1bn stolen by fraudsters in 2024
Criminals stole £1.17 billion through fraud in the UK last year, with a slight fall in authorised push…
100% mortgages would drive up house prices, Central Bank warns
Celtic Tiger-era 100% mortgages would drive up house prices and increase risks to borrowers and banks, the Central…