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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. HKMA expects all sandbox participants to comply with the sandbox requirements.

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Swift and Google Cloud Join Forces to Combat Fraud with AI Innovations

Fintech News

Swift, the global financial messaging service provider, is collaborating with Google Cloud to develop innovative anti-fraud technologies. Federated learning allows participating institutions to train AI models on their own data and share only the learnings, not the data itself, with a central server managed by Swift.

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Swift Invites Fintech Pioneers to Join AI-Based Cross-Border Innovation Challenge

Fintech News

Swift has announced the launch of its first-ever “The Innovation Challenges” that invites participants to create AI-based solutions aimed at improving the efficiency and security of cross-border transactions. Registration is now open until 15 January 2024. The competition is divided into two primary areas.

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Fintech Innovation Lab New York names 2024 class

Finextra

Ten emerging technology companies have been selected to participate in the 2024 FinTech Innovation Lab New York, a 12-week program founded and run by Accenture and the Partnership Fund for New York City that helps early- and growth-stage fintechs accelerate product and business development through in-depth engagement with top financial services and (..)

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New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

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Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card

Fintech Finance

By enabling seamless international transactions, we are not only facilitating easier access to financial services but empowering individuals and businesses to participate more fully in the global economy. This ultimately contributes to the economic growth and empowerment of communities across the region.”

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Fourteen Teams Have Been Chosen to Participate With the Bank of Israel in the “Digital Shekel Challenge”

Fintech Finance

On May 28, 2024, the Bank of Israel announced the “Digital Shekel Challenge” – an experiment inspired by “Project Rosalind”[1] carried out by the BIS Innovation Hub. The following is a list of the teams that have been selected to participate in the Challenge: Bits of Gold Brinks Israel Ltd.