Finance & Economics - page 76

News

Samsung Plans to Cut Memory Chip Production

Samsung Electronics has announced its intention to reduce the production of memory chips.

News

Union Credit and TransUnion Team to Help Credit Unions Find Borrowers

Union Credit and TransUnion have established a partnership to improve the customer service process.

News

Stripe Confident in Web Economy Despite Significant Slowing

The Stripe payment company processed transactions totaling more than $817 billion in 2022.

Blockchain & Crypto

PostFinance Bank to Offer Crypto Services

Swiss government-owned bank PostFinance is partnering with Sygnum Bank to enable its 2.5 million customers to buy, store and sell bitcoin and ether

News

Apple to Open Its First Retail Store in India

Apple is currently preparing to open its first retail store in India.

News

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan

In the United States, federal regulators said that the founder of a student financial assistance company, Frank, committed fraudulent actions against one of the largest banks in the country.

News

Amazon Cuts Over 100 Games Division Jobs

Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.

Countries

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project

The UAE Central Bank (CBUAE) has chosen Clifford Chance, R3, and G42 Cloud as partners in the implementation of the digital currency creation project.

Blockchain & Crypto

Lloyds Bank to Move Trade Finance Documentation to Blockchain

Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients

News

CFPB Issues Warning to Abusive Consumer Finance Firms

The U.S. Consumer Financial Protection Bureau (CFPB) on Monday, April 3, issued a statement explaining the ban on misconduct in the consumer financial market.

News

JPX Takes Stake in Nomura-Led Blockchain Business Boostry

Japan Exchange Group (JPX) acquires a stake in the Booster blockchain project.

News

Bank of China Calls For Tougher Financial Safeguards

Official representatives of the People’s Bank of China have called for a change in the rules of financial regulation in the direction of tightening.

News

Lloyds and NatWest Сlose More Branches

Lloyds Banking Group and NatWest have decided to discontinue the operation of even more traditional bank branches.

Fintech & Ecommerce

Bud Branches Out Into USA

The British fintech open banking company Bud has hired a team of executives who will deal with the issues of the firm’s entry into the US market and its further promotion in this region.

News

Alibaba Prepares IPO for $20 Billion Logistics Unit

The media reports that Alibaba Group plans to take its logistics business public.

News

Web3 Protocol Polytrade Raises $3.8 Million to Improve Global Trade

Polytrade, a web3 protocol focused on global trade, announced the attraction of investment funds in the amount of $ 3.8 million following the results of the initial funding round.

Finance & Economics