U.S. Fines Wells Fargo Nearly $100 Million
In the US, Wells Fargo was fined $97.8 million due to violations related to sanctions.
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H&M Says Tech Investments Help Sales Climb 12%
The Swedish chain of clothing stores H&M recorded an increase in sales and an unexpected increase in profits.
FTX EU Launches Withdrawal Website
FTX branch has launched a dedicated website allowing its European customers to submit withdrawal requests
UK to Avoid Fixed Rules for AI
In the foreseeable future, the UK does not plan to establish strict regulatory measures in the development and use of artificial intelligence.
Novo to Launch Working Capital Program for Small Businesses
Novo reported on the results of the pilot program of replenishment of working capital, which is intended for small businesses.
Japanese VCs Join €3 Million Growth Round in Sweden’s Open Payments
The Swedish fintech company Open Payments announced the completion of a round of financing for 3 million euros.
Paytrix Secures $18.3 Million Series A Funding
Paytrix, an embedded payments company for fast-growing vertical software platforms, announced that it managed to raise $18.3 million in investment funds following the results of the Series A funding round.
LeapXpert Raises $22 Million for Finserv Messaging Platform
LeapXpert, a provider of business communication solutions, announced the attraction of investment funds in the amount of $ 22 million following the results of the Series A+ financing round.
African Neobank Payday Raises $3 Million for Expansion
The fresh funding will help the ambitious Payday to scale its platform and reach more Africans, not only on the continent but around the world
Fintech Farm Launches Neobank in Vietnam
A new fintech product from Fintech Farm that came to the Vietnamese market has Ukrainian roots
Xapo Bank and Circle Integrate USDC Payment Rails as Alternative to SWIFT
Xapo Bank partnered with Circle to offer USDC deposits and withdrawals in an attempt to bypass the cumbersome and expensive SWIFT payment system
Ingenico Acquires Phos
The deal continues Ingenico’s strategic expansion and complements its PPaaS (Payments Platform as a Service)
The Most Popular Payment Methods for Indian Players
Given India’s large population, it’s not surprising the country is a big target for online casinos. Although online gambling remains mostly undefined legally, it’s a highly popular pastime. For this reason, offshore gambling sites scramble to tailor their services to Indian players. One way they do that is by providing suitable payment methods. When gambling […]
The Decentralized File Storage With Blockchain
Blockchain is a technology that is made up of blocks that are constantly recording the data which is being generated when a person conducts a transaction. We all know that this is a process in which confidential things are generated. Suppose somebody has seen the receipt the person is receiving after the exchange. In that […]
Brightwell and Visa Team Up for Cross-Border Payments Programs
Brightwell’s ReadyRemit platform will be enhanced with the Visa Direct functionality, providing additional benefits for customers’ cross-border payments programs
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