All materials - page 348

News

Mastercard and Visa to Face Another Card Interchange Class Action Suit

Mastercard and Visa are preparing for the fact that in the near future, they will once again have to become defendants in the proceedings in the framework of a multibillion-dollar lawsuit on the fact of fees for multilateral exchange (MIFs).

News

Solana Spaces Experiment Fails

Solana Spaces stores in Manhattan and Miami did not spark customers’ interest in the Solana and Web3 ecosystem, being closed after 7 months of unfruitful operations

Blockchain & Crypto

Social Investing Platform eToro Secures NYDFS Licenses

The American subsidiary of eToro, an Israeli social investing platform, received its money transmitter and virtual currency licenses from the New York State Department of Financial Services (NYDFS)

News

Crypto Startup Klink Finance Gains EU Licence

Klink Finance, a crypto startup based in London, has received initial permission to provide services in the European Union.

News

UK Open Banking Users Swell to 7 Million

In January 2023, more than 1 million residents in the UK used open banking services for the first time in their financial management practice.

News

Ethiopia Considering Opening Mobile Money Market to Foreign Operators

A consultative meeting will be held in Ethiopia by the end of February, during which the prospects of the mobile money market in this country will be discussed.

Finance & Economics

SBI Investment Leads $28 Million Series A in German Fintech Pliant

Japan’s SBI Investment has led a $28 million Series A round in the German corporate card platform Pliant.

News

Bank of Japan Launches CBDC Pilot

The Bank of Japan decided to launch large-scale testing of the digital yen after two years of research into the prospects of this project.

Science & Technology

TikTok Offers Creators Better Monetization Opportunities with Revamped Creator Fund

The beta version of a revamped TikTok creators fund called the “Creativity Program” provides higher revenue opportunities for qualified video views

Blockchain & Crypto

Hong Kong Welcomes Crypto Trading With New Policies

Hong Kong proposes milder crypto regulations that would let retail investors trade certain “large-cap tokens” on licensed exchanges, emerging as one of the new hubs for the virtual asset industry

Blockchain & Crypto

Crypto Outflows Surge Amid SEC Crackdown

Institutional investors are massively withdrawing crypto funds as the SEC targets more and more aspects of the crypto industry in the US, making it harder for crypto trading platforms to provide custody, minting and staking services

Finance & Economics

Barclays Reveals Contactless Payments Trends

New data from Barclays, which enables nearly half of the UK’s debit and credit card transactions, reveals that a record 91.2% of all eligible card transactions were contactless in 2022

News

Riyad Bank Integrates E-Invoicing ZATCA Enabled by SunTec Xelerate

Riyad Bank, one of the largest financial institutions in Saudi Arabia, integrated the Zakat, Tax and Customs Authority (ZATCA) solution for e-invoicing, deployed on SunTec Xelerate platform

Society & Lifestyle

Is It More Profitable To Play With Fiat Or Crypto?

Gambling is one of mankind’s oldest activities. It has been popular since long before the advent of the personal computer. You can read more about the history of gambling on this web resource: https://www.britannica.com/topic/gambling/History. Over the years, the industry has developed and become more and more successful. It is now known all over the world.

Society & Lifestyle

Major international sporting events

Do you love watching international sporting events? From the Olympics to the FIFA World Cup, there are plenty of opportunities to witness some of the world’s best athletes in action. But what makes these events so special?

Finance & Economics

Tesco Considers Selling Its Banking Arm

Currently, the British supermarket chain Tesco is considering selling its banking division.