Why the Federal Reserve Won’t Commit

Facing huge economic uncertainty, the Fed is keeping its options open. Jerome H. Powell, its chair, will most likely continue that approach on Tuesday.Read More

GMO Secures Latest Custodian for Japanese and US Dollar Stablecoins

Komainu supports GMO Trust-issued Japanese yen and US dollar stablecoins with custodian services.  Following a recent partnership, the Jersey-headquartered Komainu is to offer custodian services for the GYEN and ZUSD stablecoins issued by the New York-based limited-purpose trust company GMO-Z.com Trust; the US-regulated stablecoin subsidiary of Japanese financial services and internet conglomerate GMO Internet Group. […]

Mastercard Supports Bahrain Banking Group With a Range of Services

Bahrain-based pan-regional banking group Ahli United Bank BSC (AUB) has signed a strategic partnership with Mastercard to make the payments leader its exclusive partner of choice for all of AUB’s card programs in Bahrain. AUB’s partnership with Mastercard follows the banking group’s acquisition of Citibank‘s retail banking business in Bahrain in 2022. The partnership aims […]