Revolut has introduced a new ‘Pay by Bank’ feature, allowing merchants to accept payments directly from consumers’ bank accounts. This innovation aims to disrupt the traditional card-based payment system by offering a
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HSBC and Deutsche Bank have revised their forecasts for the Bank of England’s (BoE) rate cuts, postponing expectations due to ongoing inflationary pressures and economic uncertainty. HSBC now projects that the BoE
The European Central Bank and the People’s Bank of China have renewed their bilateral currency swap arrangement, extending the €45 billion facility until October 2028. Designed to give euro area banks access