Monite Doubles Seed Round to $10 Million
German startup Monite, based on embedded financial processes using the API, announced the attraction of additional funding in the amount of $ 5 million.
Finance & Economics - page 80
NatWest Rolls Out Digital ID Service
NatWest Group has made the customer attribute exchange service available to businesses.
BoE Plans to Change SMB Lending
Bank of England has revealed its plans to change the capital treatment for small business (SMB) lending, calling for a more risk-based approach
ForwardAI Debuts Update to Small Business Lending Solution
Business data FinTech ForwardAI has presented a new version of its Precise API tool, which can be used to optimize financial solutions.
Warren Buffett May Invest in Regional Banks
The media reported that the US authorities turned to Warren Buffett for help amid the crisis in the financial sector.
Signature Bank Has a New Owner
FDIC announced Signature Bank would be sold to Flagstar Bank, a subsidiary of New York Community Bancorp, a week after the bank was placed into receivership
UBS to Buy Credit Suisse, While Central Banks Try to Soothe Market Turbulence
UBS Group will buy Credit Suisse Group for 3 billion Swiss francs ($3.23 billion) in a historic deal backed by Swiss authorities, as problems in the global banking sector persist
Silvergate, Silicon Valley Bank, and Signature: Big Picture in Small Details (Part 1/3)
The Silvergate, Silicon Valley Bank, and Signature Bank saga, in three not-so-concise parts, examines the chaos of centralized cryptocurrency companies, the failing and scrambling US banking system, and the outcomes for the crypto industry and the regular person.
BBVA Targets Colombia’s Innovation Sector
Spanish financial group BBVA announced the creation of a business unit in Colombia.
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
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.
Crypto Firm Copper Makes Job Cuts
The British startup for storing and trading digital assets, Copper, has announced a reduction in the workforce.
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).
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
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
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.
Finance & Economics
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