EU to Introduce New Digital Payments Infrastructure

Financial Highlights from the Recent Week You Should Know About:

  • Happy New Year to you! Wishing you and your family a happy and healthy 2026!
  • PAYMENTS: EU to Introduce New Digital Payments Infrastructure The EU announced it will introduce a new zero-fees and European-only ​digital payments infrastructure​ that basically replaces Visa/Mastercard and Google/Apply Pay.
  • CAREERS: ACCA Halts Remote Exams UK accounting organization, ACCA, is ​halting remote exams​ starting March 2026, due to “AI-assisted cheating”. The accounting organization can’t keep up with how to prevent AI-assisted cheating on remote exams.
  • PRIVATE BANKING & WEALTH MANAGEMENT: Asia’s Wealthy Choosing Switzerland ​Swiss private banks saw a rise in interest​ from Asia’s wealthy, including Asian family offices as the place to park their assets. While Asian centre’s such as Hong Kong and Singapore continued to grow faster in seeing Wealthy holdings, Switzerland is holding its ground.

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