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US Biggest Banks Teams Up to Take On Apple and PayPal
Finance & Economics

US Biggest Banks Teams Up to Take On Apple and PayPal

The largest US banks are joining forces to create a digital wallet.

Web3 Social Wallet Tribes Launches
Fintech & Ecommerce

Web3 Social Wallet Tribes Launches

Tribes, a Web3 messaging and group wallet app, launched after receiving $3.3 million a pre-seed funding round.

UAE Backs Crypto Adoption With Trading Potential
Blockchain & Crypto

UAE Backs Crypto Adoption With Trading Potential

The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.

Andrey Elinson: Cryptocurrencies Have Become a Tool for Long-Term Investments
Blockchain & Crypto

Andrey Elinson: Cryptocurrencies Have Become a Tool for Long-Term Investments

Cryptotrader Andrey Elinson shares his vision of the new realities of crypto trading. After the November fall, Bitcoin rate went up again and many crypto traders made preparations in anticipation of a new rise in cryptocurrencies. However, experts can’t agree on whether Bitcoin rising in value is a real bullish trend or the last rise […]

B2B BNPL Playter Launches Credit Solution Paid
Fintech & Ecommerce

B2B BNPL Playter Launches Credit Solution Paid

The UK-based provider of B2B Buy-Now-Pay-Later (BNPL) services Playter now allows suppliers to offer out BNPL payment plans to their customers

America’s First Nuclear-Powered Bitcoin Mining Center
Blockchain & Crypto

America’s First Nuclear-Powered Bitcoin Mining Center

Cumulus Data will open America’s first nuclear-powered Bitcoin mining center in Pennsylvania.

InsurTech Insured.io Introduces Payment Center
Science & Technology

InsurTech Insured.io Introduces Payment Center

A new payment processing feature, Payment Center, will allow insured.io to customise automatic payments

Binance SWIFT Banking Partner to Ban USD Transfers Below $100K
Blockchain & Crypto

Binance SWIFT Banking Partner to Ban USD Transfers Below $100K

Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.

Survey: Nearly 20% of US Firms Expect to Reduce Headcount
Finance & Economics

Survey: Nearly 20% of US Firms Expect to Reduce Headcount

A survey by the National Association of Business Economics testified that conditions in the US labor market are softening, and companies are no longer experiencing a shortage of labor.

Brazil and Argentina to Create Common Currency
Finance & Economics

Brazil and Argentina to Create Common Currency

Brazil and Argentina will soon begin preparations for the creation of a common currency.

Citadel Reports Record Profit of $16 Billion
Finance & Economics

Citadel Reports Record Profit of $16 Billion

In 2022, Ken Griffin’s Citadel brought investors a profit of $16 billion.

Nova Credit Allowed to Provide Credit References in the UK
Fintech & Ecommerce

Nova Credit Allowed to Provide Credit References in the UK

Nova Credit is a cross-border consumer credit bureau that uses first-party data to enable immigrant consumers to apply for financial services using their international credit history

Danske Bank Releases Climate Action Plan
Finance & Economics

Danske Bank Releases Climate Action Plan

Danish Danske Bank has developed an action plan to combat climate change.

SEC Fines Nexe Crypto Asset Platform for $45 Million
Blockchain & Crypto

SEC Fines Nexe Crypto Asset Platform for $45 Million

In the US, the Securities and Exchange Commission (SEC) fined the Nexo crypto asset platform.

China Development Bank Increases Loan Support for Science & Tech
Finance & Economics

China Development Bank Increases Loan Support for Science & Tech

China Development Bank granted CNY 261.9 billion (about $38.68 billion ) of loans to support the country’s science and technology innovation in 2022

Signature Bank Will Not Handle Crypto Transactions Under $100,000
Blockchain & Crypto

Signature Bank Will Not Handle Crypto Transactions Under $100,000

Once a crypto-friendly bank, Signature is trying to reduce its exposure to the beleaguered digital asset market, increasing the transaction limits for crypto traders it supports