ALIBABA Group Holding’s chip unit T-Head and Alipay, the payment service under Alibaba’s financial affiliate Ant Group, will release computing chips for secure payments based on the RISC-V instruction set architecture, the two entities said.
JULIUS Baer Group plans to ramp up hiring in Asia, after the reopening of China helped to restore client confidence in the region, according to the head of the Swiss private bank.
BINANCE’S custody unit Ceffu said on Thursday (Mar 2) it is planning to apply for a permit to offer payment services in Singapore, as the crypto exchange makes another attempt to function in the crypto-friendly city-state.
CREDIT Suisse Group is escalating efforts to win back clients with deposit rates that are significantly higher than rivals as a run of senior banker departures adds urgency to its campaign to recoup assets.
FOR months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have been too late.
A SINGAPORE-based social enterprise is criticising two sets of South-east Asian transition finance guidelines as adopting Japan’s “aggressive” stance on fossil fuel-based technologies that are unsuitable for this region.
BANK of Japan (BOJ) board member Hajime Takata said on Thursday (Mar 2) that the central bank must “patiently” maintain its ultra-loose monetary policy, as Japan has yet to see inflation sustainably hit its 2 per cent target backed by wage hikes.
ANZ Group Holdings and Commonwealth Bank of Australia are among leading participants in a pilot project exploring use cases for a central bank digital currency (CBDC).
