Marqeta Buys Power Finance for $275 Million
Fintech company Marqeta will acquire a platform for managing Power Finance credit card programs.
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Barclays Replaces Branches With Banking Pods
Bank Barclays, based in the UK, opts for semi-permanent bank cells, abandoning traditional branches.
UK to Roll Out More Shared Banking Hubs
Nine new shared banking centers will open in the UK.
Green Investment Hit a Milestone in 2022
Green investment globally reached the levels of funding put into producing fossil fuels for the first time in 2022 – the important milestone was enabled by dramatic growth in carbon capture investments
BlockFi Gets Court Approval to Sell Crypto Mining Assets
The crypto bankrupt BlockFi received a court approval to sell off its crypto-mining equipment to repay creditors. The firm is expected to conduct the auction asap, while the market faces upheaval
Mastercard & Binance to Launch Prepaid Crypto Card in Brazil
The crypto leader Binance and payment giant Mastercard expanded their crypto-to-fiat offer to the most lucrative market in Latin America
Walmart Launches Savings Offer for New US Sellers
Retail giant Walmart has launched a new exclusive savings offer for those US-based merchants who start selling on Walmart Marketplace
RegTech Konsentus Launches in Saudi Arabia
Open Ecosystem RegTech provider, Konsentus, launches in its first MENA regional market – Saudi Arabia – to offer open data infrastructure and technology services to regulators and FS providers
Barcelona Forbids Dark Stores in Blow to Q-Commerce
Barcelona City Hall has decided to ban dark shops.
NY Bill to Allow Crypto Payments to State Agencies
The state of New York is considering a bill allowing citizens to use cryptocurrency to pay for the services of public institutions.
Plaid Publishes Response to CFPB’s Data Right Proposal
Plaid has issued recommendations for the Consumer Financial Protection Bureau (CFPB).
Moody’s Preps Stablecoin Scoring System
Moody’s is developing a system for evaluating up to 20 stablecoins.
Crypto Startup Mode Announces Closure
UK-based crypto startup Mode has asked its clients to withdraw funds from the firm’s application.
AfriGo to Replace VISA and MasterCard in Nigeria
The Central Bank of Nigeria (CBN) has launched Nigerian National Domestic Card Scheme, AfriGo, barring the USD charges on domestic transactions
How to Secure Your Ecommerce Website
Did you know that small and mid-sized businesses are hit by 62% of all cyberattacks, about 4000 per day? Hackers are creating new traps every day, making more and more people their victims. They are after valuable data such as users’ credit card details, bank account numbers, passwords, social security numbers, etc. As an eCommerce […]
How Fintechs Benefit from ESG Focus
Focusing on ESG initiatives not only benefits the environment and local communities, but also helps fintechs attract venture capital and gain substantial profits
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