News
Aug 14th, 2026, 11:00
The PBOC appointed Deutsche Bank to clear renminbi transactions in Frankfurt, making it the first non-Chinese bank with the designation in Europe. Bank of China has provided Frankfurt RMB clearing since 2014.
Aug 12th, 2026, 18:30
From 16 November 2026 the Fedwire Funds Service removes the fully unstructured postal address option. Town name and country become required fields on every party and agent, across all message types.
Aug 12th, 2026, 17:14
Francisco Partners has agreed to acquire Moneris for approximately C$2.0 billion in cash. RBC and BMO will split the proceeds equally while retaining exclusive referral agreements with the Canadian payments provider.
Aug 10th, 2026, 17:28
Infinia, Walapay and Koywe will be among the first stablecoin payment operators to use Mastercard Crypto Credential inside a single-audit compliance model, in a pilot testing whether shared assurance signals can scale with the network.
Aug 10th, 2026, 15:17
CHAPS moves to a 16.5-hour settlement window from September 2027, with weekend settlement not before 2029 and longer daily hours not before 2031. The Bank's consultation on those next phases closes today.
Jul 28th, 2026, 14:46
The EU AI Omnibus entered into force on July 27, 2026. It extends key high-risk AI deadlines, broadens support for smaller companies, and changes several compliance requirements without removing the EU AI Act’s core risk-based framework.
Jul 27th, 2026, 10:43
The OCC has rejected Wise’s application to establish a U.S. national trust bank, citing significant compliance, management and supervisory concerns. Wise says its existing operations are unaffected and plans to apply again.
Jul 22nd, 2026, 11:59
A new U.S. trade action has brought Brazil’s Pix instant-payment system into a wider dispute over electronic payment competition and market access.
