Sat.Jul 20, 2024

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HKMA Unveils Stablecoin Sandbox Participants, Ensuring ‘Sustainable and Responsible Development’

The Fintech Times

The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a stablecoin in Hong Kong. Launched by HKMA in March 2024, the stablecoin issuer sandbox is part of the regulator’s efforts to facilitate responsible development of the stablecoin ecosystem in Hong Kong.

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What Can We Learn From Payment System Failures and Global IT Outage?

The Fintech Times

As global outages hit banking firms and payments worldwide, are we to be forever doomed by glitches, power outages and cyberattacks? Possible solutions may exist, but what are they? It’s been a bad week for global payment and IT systems, as the Clearing House Automated Payment System (CHAPS) experienced a major outage causing serious issues in the UK, swiftly followed by a Microsoft outage that caused havoc for banking firms across the globe.

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Toyota Financial Services Italy Explores How Worlds of Finance and Mobility Can Be Combined

The Fintech Times

Imagine a future where cars, through the integration of embedded finance, could become ‘intelligent digital tokens’ Tokens which can facilitate payments, financial flow management, data collection and more. Looking to make this future a reality, Toyota Financial Services Italy , the financial division of Toyota Group has become a corporate partner of Fintech District , the international reference community for the fintech and techfin ecosystem in Italy.

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US Department of the Treasury and FSSCC Lay Groundwork for Greater Cloud Adoption

The Fintech Times

As fintechs and financial services firms turn their attention to cloud technology, many are coming across challenges. These range from information sharing to best practices and beyond. Looking to simplify the cloud adoption journey for firms, the US Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) has published a suite of resources.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical