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AFMEโ€™s European AML Conference 2026

China Announces RMB300 Billion Capital Boost for State Financial Institutions

China's Ministry of Finance is pressing ahead with a major China capital boost through a RMB300 billion special treasury-bond programme designed to strengthen the capital of eight centrally administered state financial institutions. The recapitalisation effort spans major commercial banks, policy financial institutions and insurance groups, reinforcing the capacity of these entities to serve the real economy and sustain credit expansion. The broader programme was first signalled at China's annual parliamentary meeting in March 2026. It extends a financing mechanism previously used to shore up other large state financial institutions, and it now covers both the banking and insurance sectors in...

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Ripple and Jeonbuk Bank Modernize Cross Border Payments

Ripple and Jeonbuk Bank Modernize Cross Border Payments

Ripple, a blockchain payments company, has entered into a partnership with South Korean regional bank Jeonbuk Bank to deploy faster Cross Border Payments for...
Cross Border Payments Demand Stronger AML Controls

Cross Border Payments Demand Stronger AML Controls

As international trade and digital remittances continue to expand, the need for robust cross-border compliance frameworks has never been greater to mitigate the risks of global financial crime.
Efforts to Streamline Global Cross Border Transaction Models

Efforts to Streamline Global Cross Border Transaction Models

The ability to move capital across borders efficiently is the lifeblood of the global economy, supporting everything from international trade and foreign direct investment...
International Payment Transfer to Germany

International Payment Transfer to Germany Made Easy

Swift, the organizationย that powers the worldwide network linking overย 11,500 financial institutions in more than 200 markets, announced a new consumer payments campaign that will...

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