The crypto arm of the French banking giant Societe Generale is launching a US dollar stablecoin on the Ethereum (ETH) and Solana (SOL) blockchains. In a new announcement, the Societe Generale-FORGE says it is launching the USD CoinVertible (USDCV), its second stablecoin after the 2023 launch of EUR CoinVertible (EURCV). Says Jean-Marc Stenger, CEO of
DUBAI, United Arab Emirates, June 11, 2025 (GLOBE NEWSWIRE) — tpay, the leading payment connector in the META region, has published a new white paper highlighting how Open Banking is accelerating financial innovation and inclusion across the region. The white paper explores the rapid rise of fintech in the Middle East, where updated licensing frameworks
Blake Harris is an Asset Protection Attorney and Founding Principle of Blake Harris Law. getty If recent headlines have left you feeling uncertain about the U.S. economy, you’re not alone. From concerns about recessionary conditions to predictions from more than 60% of business leaders predicting a slowdown in the coming months, many are questioning how
Key Takeaways Société Générale-Forge plans to launch USD CoinVertible, a US dollar stablecoin, on Ethereum and Solana. BNY Mellon will act as the reserve custodian for USDCV, and trades will start in July. Share this article SG Forge, the digital assets subsidiary of French banking powerhouse Société Générale, announced on Tuesday the launch of USD
The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of
NICOSIA, CYPRUS – June 10, 2025 – Globalserve Consultants LTD, a leading provider of corporate and financial advisory services, today announced a significant expansion of its corporate banking facilitation services. The firm will now extend its comprehensive support for corporate bank account opening to a broader range of international jurisdictions, including Luxembourg, Switzerland, the United
The Department of Financial Services (DFS) has directed public sector banks (PSBs) to focus on selling insurance products along with their core banking objective, according to a CNBC TV report. Acknowledging the importance of public sector banks to meet ‘Insurance for All by 2027’ target, the DFS has asked PSU lenders to focus on insurance
Global brokerage firm Nomura said the recent CRR cut is expected to benefit mid-sized banks more substantially. Banks such as IndusInd Bank, AU Small Finance Bank, and Federal Bank are likely to gain the most from the move. However, the CRR cut will also support deposit-growth-constrained larger banks like Axis Bank and HDFC Bank, Nomura
As a fifth-generation grain grower from north-east Victoria, James Russell has a lot of hands-on experience. Despite that, furthering his formal education has helped him take his farm and career to the next level. He’s recently finished a dual degree in agribusiness and farm management and even briefly ventured into the corporate banking sector. As
Some banking scams to watch out for
CHICO — I want to start by saying that I appreciate a lot of the money apps we have now. I ended up going to a Pride event on Saturday and was able to easily buy things and split payments with friends for lunch with Venmo and it just made life way easier. What I