SWIFT said this marks a “major milestone” for the industry toward “enabling CBDCs and tokenised assets’ smooth integration into the international financial ecosystem”
Fintech provider Taulia has signed a memorandum of understanding with Standard Chartered to collaborate on working capital finance solutions. The announcement follows SAP’s acquisition of Tualia earlier this year
This solution analyses previous payments transactions conducted over the SWIFT network, on an anonymised basis, to identify potential errors in payee details and other trade information that may cause the payment to be processed incorrectly
Andy Ross has been appointed as global head of prime and financing, financing and securities services at Standard Chartered, and will serve as financial markets head in the UK
Founding members of the advisory council include Eiji Hirano, director and vice-chairman of MetLife Insurance K.K. (MetLife Japan), Jong Nam Oh, senior advisor at Kim & Chang, Zili Shao, senior advisor at Fangda Partners