AGP Executive Report
Last update: 11 hours agoInstant Payments: Canada’s KOHO has joined the new Real-Time Rail, bringing payments that settle in seconds and richer transaction data to its app. SMB Banking: Sage is teaming with Adyen and Mastercard to add business accounts, debit cards and payment services to its software, starting in France. Digital-Asset Rules: Dubai’s VARA granted CFI’s virtual-assets unit in-principle approval for broker-dealer services, moving it closer to a full licence. AI Investment Risk: SoftBank reported a $7 billion quarterly loss as volatile AI investments weighed on results, despite higher sales. Infrastructure Finance: Southeast Asia needs $7.1 trillion for infrastructure by 2040, the ADB estimates, with current public investment leaving a $264 billion annual funding gap that will require private capital.
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