Finance & Economics - page 92

News

India’s Retail Giant Trials CBDC

Reliance Retail – India’s largest retailer – takes part in the large-scale trial of digital rupee CBDC. The network will start accepting the new payment instrument at its Freshpik store

Reports

ECB Reveals Euro Area Lending Trends

January 2023 euro area bank lending survey by European Central Bank (ECB) revealed significant tightening in credit standards for all loan categories along with subdued business loan demand

News

Bank Natwest Installs Card Recycling Machines

The British bank Natwest has started installing reverse vending machines, with which you can recycle old credit and debit cards.

News

JPMorgan Preps German Digital Bank

JPMorgan Chase & Co. plans to launch a digital bank in Germany.

News

BharatX Partners Snitch for BNPL Services

The partnership allowed Indian clothing brand Snitch to enable the white-label BNPL option provided by BharatX on its checkout page

News

Central Bank of Jordan Doubles Daily Contactless Limit

The Central Bank of Jordan (CBJ) decided to increase the daily limit for individual contactless transactions made without a PIN.

News

Central Bank of Ireland Warns Payment Firms About Governance Problems

The Central Bank of Ireland has found a number of shortcomings in the work of companies that carry out their activities in the payment industry and the field of electronic money.

News

Moov Financial Raises $45 Million

Moov Financial has announced a Series B funding round of $45 million.

Fintech & Ecommerce

Binance Pay and DT One Jointly Launch Mobile Top-Ups

The contactless crypto payment platform Binance Pay will provide users with a convenient mobile top-up solution and more crypto use cases through the partnership with DT One

News

Finbourne Announces Partnership With Kreos Capital

Finbourne Technology announced the beginning of cooperation with Kreos Capital, a leading provider of debt obligations.

News

Barclays Replaces Branches With Banking Pods

Bank Barclays, based in the UK, opts for semi-permanent bank cells, abandoning traditional branches.

News

UK to Roll Out More Shared Banking Hubs

Nine new shared banking centers will open in the UK.

Blockchain & Crypto

BlockFi Gets Court Approval to Sell Crypto Mining Assets

The crypto bankrupt BlockFi received a court approval to sell off its crypto-mining equipment to repay creditors. The firm is expected to conduct the auction asap, while the market faces upheaval

News

Walmart Launches Savings Offer for New US Sellers

Retail giant Walmart has launched a new exclusive savings offer for those US-based merchants who start selling on Walmart Marketplace

News

Plaid Publishes Response to CFPB’s Data Right Proposal

Plaid has issued recommendations for the Consumer Financial Protection Bureau (CFPB).

News

Crypto Startup Mode Announces Closure

UK-based crypto startup Mode has asked its clients to withdraw funds from the firm’s application.

Finance & Economics