Binance.US Scrambles to Find Banking Partners
Binance’s American partner is making active efforts to find a bank to serve its customers.
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Walmart Suit Seeks to End Capital One Card Relationship
The media reported that Walmart sued Capital One with a demand to terminate a 4-year partnership with credit cards.
Bank of England Builds Its CBDC Team
The media reported that the central bank of England has begun to recruit a team of employees who will deal with the digital currency of this financial institution.
BNP Paribas Selects Worldline to Reduce Iban Fraud in Sepa Direct Debits
BNP Paribas Cash Management has selected Worldline (Euronext: WLN), a global leader in payment services, to reduce the risk of fraudulent activity in SEPA direct debit transactions.
Triodos Bank’s 2035 Emission Reduction Targets Validates as Science-Based
The Initiative to Achieve Science-Based Targets (SBTi) confirmed that Triodos Bank’s intentions to reduce the level of harmful emissions to zero have sufficient arguments to recognize this plan as justified.
Treasury Department Urges DeFi to Improve AML/CFT Controls
Both providers of DeFi services and the United States government are supposed to reduce AML/CFT vulnerabilities in decentralized finance (DeFi), enabling criminals to transfer and launder illicit proceeds
Google Bans Loan Apps Access to User Contacts
Android apps offering personal loan services will not be able to access users’ sensitive data, such as photos and contacts, with the new restrictions imposed by Google
Solana Reveals Solution to Cut On-Chain Storage Costs
The new solution presented by Solana promises to cut the cost of minting 1 million NFTs on the network to nearly $110
Samsung Plans to Cut Memory Chip Production
Samsung Electronics has announced its intention to reduce the production of memory chips.
Union Credit and TransUnion Team to Help Credit Unions Find Borrowers
Union Credit and TransUnion have established a partnership to improve the customer service process.
Robinhood Reaches $10.2 Million Settlement on March 2020 Platform Outage
The American financial company Robinhood has reached an agreement with state securities regulators regarding the settlement of a situation related to operational and technical failures.
EU Begins Work on Digital Visas for Schengen Visitors
Negotiations on the creation and subsequent implementation of a digital visa for the Schengen area will soon begin in the European Union.
Soft Space Raises Largest Series B by Malaysian Startup
The Malaysian company SoftPOS Soft Space has attracted investment funds in the amount of $ 31.5 million following the results of the Series B1 financing round.
Tillerman Launches Insights Tool Leveraging POS Data
Designed for retail brands and wholesalers, the new Tillerman Insight tool is equipped with an interactive and visual dashboard that facilitates gaining and analysing insights from the POS data
Republic Crypto Expands to UAE
A global blockchain firm Republic Crypto expands its tech advisory services to the UAE, aiming at wider MENA market
Singapore Develops Uniform Standards for Aproving Crypto Bank Accounts
Singapore regulators have long cooperated with traditional banks to develop uniform standards for screening potential crypto customers, the results and conclusions are expected to be published in the next two months
