The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have completed a groundbreaking joint experiment in post-quantum cryptography (PQC) to strengthen internet communications and data transfers conducted across continents.
US financial services regulators should take the reins on fintech oversight and stop expecting banks to independently police the sector, say the Bank Policy Institute and the Clearing House Association.
The FCA and PSR boards have announced the appointment Alison Potter as chair of the FCA's Regulatory Decisions Committee (RDC) and the PSR's Enforcement Decisions Committee (EDC).
The Consumer Financial Protection Bureau has levied a $1.5 million fine on VyStar Credit Union for a botched system switch that left customers in the lurch, unable to access their money and accounts.
Africa-based startup Tehanu has completed its first ‘interspecies money' transfer, which enables the transfer of funds through digital wallets associated with the conservation of Rwandan mountain gorillas.