Moody’s Downgrades US Banking Sector
Moody’s Investors Service has revised the forecast for the activity of the American banking sector downwards.
Finance & Economics - page 91
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.
OpenAI Launches Latest Version of ChatGPT With Waitlist
The new version of ChatGPT has become available via the waiting list.
Apple Cuts Spending on Bonuses, Hiring and Travel
The media reports that Apple has decided to actively reduce costs.
NatWest Sets Daily Crypto Purchase Limits
NatWest has become the latest British bank to decide on restrictions for customers buying cryptocurrency.
Platform Tallarium Secures $1.6 Million Investment
Tallarium, a provider of unique trading analytics for determining prices in over-the-counter energy markets, announced the attraction of additional investments from XTX Ventures, the venture capital division of the leading algorithmic trading company XTX Markets, and the venture capital firm Reciprocal.
SEB Buys Stake in Nordic InsurTech Hedvig
The Swedish bank SEB has announced the start of strategic cooperation with the Norwegian insurance company Hedvig.
Dubai’s Astra Tech Forms Partnership With Mastercard
Fintech company Astra Tech, which is based in Dubai, announced that as a result of a partnership with Mastercard, it managed to expand its payment ecosystem.
FDIC Plans to Try Again to Sell Silicon Valley Bank
Another attempt to sell the Silicon Valley bank may be made in the near future.
Apexx Global Scores $25 Million Series B
The investment management platform Apexx Global announced the receipt of additional financing in the amount of $25 million.
Bloomberg Agrees Broadway Acquisition
Bloomberg has agreed to acquire Broadway Technology, a vendor front-office technology provider.
Circle Finds New Banking Partner After SVB Failure
The stablecoin issuer Circle, affected by the recent closures of crypto-friendly SVB and Signature Bank, has found a new banking partner recognised for its services to Visa and Coinbase
Australian Taxation Office Implements Crypto Monitoring
The Australian Taxation Office is taking measures to monitor crypto transactions and ensure tax law compliance when it comes to digital assets with the help of a new data-matching tool
Open Banking Expo Canada — 15 June, 2023
Join Pay Space Magazine at Open Banking Expo Canada on June 15, 2023. Discover innovations and the future of fintechs, banks, and credit unions while connecting with leading industry members and promising forerunners.
Bank of Egypt Ups Withdrawal Limits for Instant Payments
The Central Bank of Egypt has decided to increase the amount of money that can be withdrawn through payment service providers.
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.
Finance & Economics
