Finance & Economics - page 69

Fintech & Ecommerce

Worldline Launches Voice Alert Box to Boost Financial Inclusion in India

Payment service provider Worldline introduced VABOX – Voice Alert Box, which provides instant payment confirmation, overcoming challenges of visual impairment and encouraging inclusivity

News

Large U.S. Banks Make Deposits Into First Republic Bank

Eleven of the largest U.S. banks place uninsured deposits worth $30 billion in First Republic Bank.

News

Crypto Firm Copper Makes Job Cuts

The British startup for storing and trading digital assets, Copper, has announced a reduction in the workforce.

News

Xapo Bank Integrates With UK Faster Payments

Xapo Bank, a leading bitcoin custodian, and the licensed private bank announced integration with the Fast Payments system (FPS).

News

ClearBank Partners With Code First Girls to Tackle Fintech Gender Gap Issue

ClearBank joins 30 other financial service companies in partnering with Code First Girls, keen to hire more women and eliminate the gender gap which still persists in fintech

News

Flutterwave Expands Services in Rwanda

Flutterwave received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda to deploy a range of new products to the country’s 13.5 million citizens

News

Adept Raises $350 Million

Adept, a startup that creates artificial intelligence, announced that it managed to attract investment funds for $ 350 million following the results of the Series B funding round.

News

Credit Suisse to Borrow Up to $54bn from Swiss Central Bank

Credit Suisse has announced plans to take out a loan of up to 50 billion francs ($54 billion) from the Swiss central bank to strengthen its finances.

News

Morgan Stanley and Stripe Tap Into OpenAI’s GPT-4

Morgan Stanley Wealth Management and payment giant Stripe have announced their intention to use a chatbot based on artificial intelligence GPT-4 from OpenAI.

Countries

NAB Completes Cross-Border Multicurrrency Stablecoin Pilot

The National Australian Bank (NAB) has completed an intrabank cross-border transaction using its minted stablecoin.

News

Crypto Platform Anchorage Cuts 20% of Workforce

Anchorage Digital Bank, a provider of digital asset storage services, announced the decision to reduce the workforce.

News

BNP Paribas Moves Into B2B BNPL

BNP Paribas is switching to the Buy Now, Pay Later B2B platform.

News

South Africa to Roll Out Payshap

In South Africa, the process of introducing Payshap, an inexpensive real-time interbank digital payment service, has started.

Fintech & Ecommerce

Tabit and Lenovo Join Efforts to Offer B2B BNPL in Canada

Lenovo will offer its business customers a BNPL payment method through their Tabit B2B integration

News

Moody’s Downgrades US Banking Sector

Moody’s Investors Service has revised the forecast for the activity of the American banking sector downwards.

News

Apollo Global Management Assembling Bid to Buy Silicon Valley Bank

Private investment company Apollo Global Management is asking to support its bid to buy a Silicon Valley bank.

Finance & Economics