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Lloyds Banking Group has completed three live tokenised deposit transactions under Project Agorá, advancing the banking industry’s effort to test whether digital representations of commercial bank money can simplify wholesale cross-border payments. The transactions involved sterling, Swiss francs and euros...
#Bank for International Settlements#cross-border payments#foreign exchange
Revolut has secured an unrestricted Australian banking licence and committed A$400m to expanding in the market, positioning the UK-founded financial…
#Australia#banking licence#business banking
Ebury has signed a multi-year agreement with Ipswich Town Football Club to manage the club’s international payments and foreign exchange…
#cross-border payments#currency risk#Ebury