Finance & Economics - page 71

Blockchain & Crypto

Binance to Convert Recovery Funds From BUSD to ‘Native Crypto’

Reacting to the sudden collapse of the most crypto-friendly US banks, Binance CEO and co-founder Changpeng (CZ) Zhao reconsidered the firm’s recovery funds, aiming to change them into native crypto

News

Regulators Close Crypto-Focused Signature Bank

In the US, regulators have decided to close the New York-based Signature Bank, which is one of the largest lenders in the crypto industry.

News

First Republic Strengthens Liquidity With the Help of JPMorgan

First Republic Bank enhanced and diversified its financial position through additional liquidity from the Federal Reserve Bank and JPMorgan Chase

News

US Fed Establishes $25B Funding to Support Banks Amid Collapse

The United States Federal Reserve has launched a $25 billion funding program for banks and other depository firms to maintain liquidity as a wave of industry shutdowns has covered another bank

News

Yapily and Zilch Partner on Affordable Credit Solutions in UK

Yapily and Zilch announced the beginning of cooperation to provide affordable lending solutions to UK residents.

News

BILL and BMO Debut Bill Pay and Invoicing Tool

BILL software development company, together with the Bank of Montreal (BMO), has launched a platform for paying bills/invoicing.

News

Finance Platform Railsr to Sold to Consortium

Railsr, formerly known as Railsbank, will become the property of a consortium of global investors.

News

Krungthai Bank Deploys Visa B2B Connect in Thailand

Krungthai Bank (KTB) and Visa announced the conclusion of a partnership agreement to provide enterprises operating in Thailand with the opportunity to make cross-border corporate payments under a simplified procedure.

News

Pocketbook and Bond Help Small Businesses Deploy Digital Wallets

Pocketbook and Bond announced the beginning of cooperation, the purpose of which is to provide small and medium-sized businesses with the opportunity to introduce digital wallets.

News

Lloyds Invests £10 Million in Digital ID Firm Yoti

Lloyds Banking Group has invested 10 million pounds for the development of the digital identification company Yoti.

News

BaaS Platform Synterra Raises $15 Million

Synctera, an American player in the field of banking services, announced the attraction of additional financing, the amount of which is $ 15 million.

Fintech & Ecommerce

Monnai Raises $6.5 Million to Help Fintechs Use Consumer Data

Monnai, a provider of consumer insights infrastructure for financial institutions, announced the attraction of $6.5 million in investment funds following the results of the Series A financing round.

News

Central Bank of Nigeria Releases Open Banking Guidelines

The newly released operational guidelines from the Central Bank of Nigeria clarify responsibilities and expectations for the open banking ecosystem participants in the country

Blockchain & Crypto

Xeni and BitPay to Enable Crypto Payments in Travel

Through the partnership with Bitcoin payments company Bitpay, Xeni enables its customers to accept crypto payments for commercial flights, hotels, car rentals, and other travel activities

News

NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022

The New York State Department of Financial Services (DFS) secured $157.4 million in 2022.

News

AI Startup Anthropic Reportedly Looking to Raise $300 Million

Startup Anthropic, which specializes in developments in the field of artificial intelligence (AI), plans to attract investment funds in the amount of $ 300 million.

Finance & Economics