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Finance & Markets

Iceland prepares for domestic account-to-account payments infrastructure

The Central Bank of Iceland is preparing for new payments infrastructure that would enable banks and payment service providers (PSPs) to offer account-to-account (A2A) payments for goods and services, as the Nordic country looks to diversify its retail payment channels and strengthen financial resilience.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Read the original at finextra.com →

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[Closing Market] KOSPI Ends Slightly Higher After 400-Point Rollercoaster

On Nov. 4, the domestic financial market opened strong, inheriting the warmth of the tech stock rebound in the New York stock market from the previous day, but exhibited a highly volatile market with…

  • KOSPI stock market closed slightly higher on November 4
  • Market opened strongly, then became highly volatile
  • KOSPI finished at 5,683.80, up 0.62% for the day

More from Wednesday 4 November →