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Banking and Finance

Banking and Finance latest

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement
April 30th, 2026 - 05:50 GMT

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement

Today, Visa (NYSE: V) announced that it is adding five blockchains to its global stablecoin settlement pilot, expanding how issuers and acquirers can settle with the network. As stablecoins move into mainstream payment flows, Visa’s stablecoin settlement pilot now supports nine blockchains and has reached a $7 billion annualized stablecoin settlement run rate, up 50% since last quarter. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships, Visa. “Expanding our stablecoin ...
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FAB and Emirates Red Crescent Join Hands to Help People Safely Break Their Ramadan Fasts During COVID-19
April 19th, 2020 - 11:43 GMT

FAB and Emirates Red Crescent Join Hands to Help People Safely Break Their Ramadan Fasts During COVID-19

World Bank to Allocate $14 Billion Aid to Combat COVID-19
April 19th, 2020 - 09:45 GMT

World Bank to Allocate $14 Billion Aid to Combat COVID-19

Lebanon: USD Exchange Rate Reaches Record High
April 19th, 2020 - 09:00 GMT

Lebanon: USD Exchange Rate Reaches Record High

Chairman of the Board of Directors of BisB, Dr. Esam Abdulla Fakhro.
April 19th, 2020 - 07:37 GMT

Chairman of the Board of Directors of BisB, Dr. Esam Abdulla Fakhro.

NMC's Crisis: Criminal Charges Filed Against BR Shetty, 5 Others
April 16th, 2020 - 09:00 GMT

NMC's Crisis: Criminal Charges Filed Against BR Shetty, 5 Others

Lebanon: Banking Association Slashes Beirut Reference Rate
April 16th, 2020 - 08:00 GMT

Lebanon: Banking Association Slashes Beirut Reference Rate

H.E. Obaid Humaid Al Tayer Participates in Second Regular Meeting for G20 Finance Ministers and Central Bank Governors
April 16th, 2020 - 07:07 GMT

H.E. Obaid Humaid Al Tayer Participates in Second Regular Meeting for G20 Finance Ministers and Central Bank Governors

International Islamic Trade Finance Cooperation Provides $850 Million for COVID-19 Emergency Interventions for OIC Member Countries in Most Need
April 16th, 2020 - 06:45 GMT

International Islamic Trade Finance Cooperation Provides $850 Million for COVID-19 Emergency Interventions for OIC Member Countries in Most Need

Why Money Isn't the Measurement Unit for Self-Worth
April 15th, 2020 - 11:30 GMT

Why Money Isn't the Measurement Unit for Self-Worth

ADCB Statement on Initiation of Criminal Proceedings in Relation to Nmc Health Group
April 15th, 2020 - 10:31 GMT

ADCB Statement on Initiation of Criminal Proceedings in Relation to NMC Health Group

Lebanon Postpones Cash Assistance Rollout to Families in Need
April 15th, 2020 - 10:00 GMT

Lebanon Postpones Cash Assistance Rollout to Families in Need

G20 Watchdog: COVID-19 Exposes Investment Fund Vulnerabilities
April 15th, 2020 - 07:00 GMT

G20 Watchdog: COVID-19 Exposes Investment Fund Vulnerabilities

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