All materials - page 327

News

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan

In the United States, federal regulators said that the founder of a student financial assistance company, Frank, committed fraudulent actions against one of the largest banks in the country.

Finance & Economics

Amazon Cuts Over 100 Games Division Jobs

Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.

News

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project

The UAE Central Bank (CBUAE) has chosen Clifford Chance, R3, and G42 Cloud as partners in the implementation of the digital currency creation project.

Fintech & Ecommerce

Private Banking Startup Kashet Raises £5.4 Million

Kashet startup, whose offices are located in the UK and Switzerland, came out of hiding after raising £5.4 million in investment funds following the results of an entry-level funding round.

News

Lloyds Bank to Move Trade Finance Documentation to Blockchain

Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients

News

Google Pay to Reimburse the Price Drop Difference for Travelers

The new Google Pay function, currently launched in pilot mode, allows travelers to get their money back in case the flight ticket price drops after their booking

News

Moni Introduces Community-Powered Loans for African SMEs

Moni is pioneering a community finance model in African communities to improve access to loans and other financial services for local small business owners

Finance & Economics

CFPB Issues Warning to Abusive Consumer Finance Firms

The U.S. Consumer Financial Protection Bureau (CFPB) on Monday, April 3, issued a statement explaining the ban on misconduct in the consumer financial market.

News

Walmart Debuts Website and App Redesign for Optimized Omnichannel Experiences

Walmart has presented a new version of its mobile app and an updated website.

Fintech & Ecommerce

Blockchain Mortgage Platform Acre Raises £6.5 Million

The British startup Acre Software announced the attraction of investment funds for 6.5 million pounds.

Fintech & Ecommerce

PhonePe Backs Out of ZestMoney Acquisition

The Indian mobile payments giant PhonePe, supported by Walmart, has decided to abandon its intention to acquire the BNPL player ZestMoney.

News

JPX Takes Stake in Nomura-Led Blockchain Business Boostry

Japan Exchange Group (JPX) acquires a stake in the Booster blockchain project.

Fintech & Ecommerce

Quantexa Hits $1.8 Billion Valuation

The financial crimes fighting platform Quantexa reported that it managed to attract investment funds for 129 million dollars.

Blockchain & Crypto

SEC Will Teach Investors to “Exercise Caution” on Crypto

In a series of educational events, the US Securities and Exchange Commission (SEC) will promote financial literacy, while urging people to be “cautious” with crypto projects investments

News

Acorns Acquires Kids Money Management App GoHenry

Being in business for over ten years, GoHenry provides a pre-paid debit card and financial education app for kids aged 6-18. The acquisition gives the combined Acorns company nearly six million subscribers

Blockchain & Crypto

SEB and Crédit Agricole Launch Sustainable Blockchain-Based Bond Platform

Enabled by the blockchain technology, the new platform for sustainable digital bonds will reward participants for improving their environmental footprint