A group of Europe’s banks are teaming to develop a euro-denominated stablecoin. The new token is aimed at becoming “a trusted European payment standard in the digital ecosystem,” per a Thursday (Sept. 25) news release from Denmark’s Danske Bank, which is joined in the partnership by ING, Banca Sella, KBC, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank...
The Federal Reserve has fined Deutsche Bank $186 million, saying it has made “insufficient remedial progress” on earlier consent orders around sanctions compliance and anti-money laundering (AML) controls. The new consent order and fine relate to consent orders issued in 2015 and 2017 that had...
Scandinavian countries are some of the most technologically advanced in the world, including in the area of real-time payments. Take Norway for example. The Nordic country launched real-time payments back in 2013, several years before the introduction of the pan-European SCT Inst payments scheme (also...
The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up by the country’s main banks and building societies to promote the development of shared banking hubs across the country. According...
October 08, 2018
Sure, the continuing-to-unfold scandal at Danske Bank has been shocking. However, as Akli Adjaoute, founder and CEO of Brighterion, tells Karen Webster, it’s not really surprising. The reality, he says, is that banks worldwide are using costly AML prevention tools that just don’t cut it. Find out what he thinks it’s time for banks to break the AML fraud prevention tech rules.
September 21, 2026
Mastercard said it has helped Denmark’s Danske Bank reach an agentic payments milestone. Using Mastercard’s Agent Pay, Danske was able to complete a transaction in which an artificial intelligence (AI) agent made both the purchase and payment on a customers’ behalf, the payments giant announced Monday (Sept. 21). According to a news release, this marked […]
September 25, 2025
A group of Europe’s banks are teaming to develop a euro-denominated stablecoin. The new token is aimed at becoming “a trusted European payment standard in the digital ecosystem,” per a...
July 19, 2023
The Federal Reserve has fined Deutsche Bank $186 million, saying it has made “insufficient remedial progress” on earlier consent orders around sanctions compliance and anti-money laundering (AML) controls. The new...
December 19, 2022
The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up by the country’s main banks...