Bank of London Offers to Buy Silicon Valley Bank’s UK Operations
The Bank of London has taken the initiative to acquire the British operations of the Silicon Valley Bank, which closed at the end of last week.
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F5 and Visa Partner to Reduce Login Friction
F5 announced the beginning of cooperation with Visa in order to provide sellers with a simpler login algorithm for customers.
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
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.
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
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
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.
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.
Finance Platform Railsr to Sold to Consortium
Railsr, formerly known as Railsbank, will become the property of a consortium of global investors.
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.
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.
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.
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.
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.
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
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
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