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
Finance & Economics - page 92
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
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.
JPMorgan Preps German Digital Bank
JPMorgan Chase & Co. plans to launch a digital bank in Germany.
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
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.
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.
Moov Financial Raises $45 Million
Moov Financial has announced a Series B funding round of $45 million.
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
Finbourne Announces Partnership With Kreos Capital
Finbourne Technology announced the beginning of cooperation with Kreos Capital, a leading provider of debt obligations.
Barclays Replaces Branches With Banking Pods
Bank Barclays, based in the UK, opts for semi-permanent bank cells, abandoning traditional branches.
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
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
Plaid Publishes Response to CFPB’s Data Right Proposal
Plaid has issued recommendations for the Consumer Financial Protection Bureau (CFPB).
Crypto Startup Mode Announces Closure
UK-based crypto startup Mode has asked its clients to withdraw funds from the firm’s application.
Finance & Economics
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