Finance & Economics - page 92

Binance to Convert Recovery Funds From BUSD to ‘Native Crypto’
Blockchain & Crypto

Binance to Convert Recovery Funds From BUSD to ‘Native Crypto’

Reacting to the sudden collapse of the most crypto-friendly US banks, Binance CEO and co-founder Changpeng (CZ) Zhao reconsidered the firm’s recovery funds, aiming to change them into native crypto

Regulators Close Crypto-Focused Signature Bank
News

Regulators Close Crypto-Focused Signature Bank

In the US, regulators have decided to close the New York-based Signature Bank, which is one of the largest lenders in the crypto industry.

First Republic Strengthens Liquidity With the Help of JPMorgan
News

First Republic Strengthens Liquidity With the Help of JPMorgan

First Republic Bank enhanced and diversified its financial position through additional liquidity from the Federal Reserve Bank and JPMorgan Chase

BILL and BMO Debut Bill Pay and Invoicing Tool
News

BILL and BMO Debut Bill Pay and Invoicing Tool

BILL software development company, together with the Bank of Montreal (BMO), has launched a platform for paying bills/invoicing.

Finance Platform Railsr to Sold to Consortium
News

Finance Platform Railsr to Sold to Consortium

Railsr, formerly known as Railsbank, will become the property of a consortium of global investors.

Krungthai Bank Deploys Visa B2B Connect in Thailand
News

Krungthai Bank Deploys Visa B2B Connect in Thailand

Krungthai Bank (KTB) and Visa announced the conclusion of a partnership agreement to provide enterprises operating in Thailand with the opportunity to make cross-border corporate payments under a simplified procedure.

Pocketbook and Bond Help Small Businesses Deploy Digital Wallets
News

Pocketbook and Bond Help Small Businesses Deploy Digital Wallets

Pocketbook and Bond announced the beginning of cooperation, the purpose of which is to provide small and medium-sized businesses with the opportunity to introduce digital wallets.

BaaS Platform Synterra Raises $15 Million
News

BaaS Platform Synterra Raises $15 Million

Synctera, an American player in the field of banking services, announced the attraction of additional financing, the amount of which is $ 15 million.

Central Bank of Nigeria Releases Open Banking Guidelines
News

Central Bank of Nigeria Releases Open Banking Guidelines

The newly released operational guidelines from the Central Bank of Nigeria clarify responsibilities and expectations for the open banking ecosystem participants in the country

Xeni and BitPay to Enable Crypto Payments in Travel
Blockchain & Crypto

Xeni and BitPay to Enable Crypto Payments in Travel

Through the partnership with Bitcoin payments company Bitpay, Xeni enables its customers to accept crypto payments for commercial flights, hotels, car rentals, and other travel activities

NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
News

NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022

The New York State Department of Financial Services (DFS) secured $157.4 million in 2022.

AI Startup Anthropic Reportedly Looking to Raise $300 Million
News

AI Startup Anthropic Reportedly Looking to Raise $300 Million

Startup Anthropic, which specializes in developments in the field of artificial intelligence (AI), plans to attract investment funds in the amount of $ 300 million.

Candidly Raises $20.5 Million for Student Debt and Savings Optimization
News

Candidly Raises $20.5 Million for Student Debt and Savings Optimization

Candidly reported that it managed to attract investment funds in the amount of $ 20.5 million following the results of the Series B financing round.

Crypto Exchange Gemini Denies J.P. Morgan Chase Ended Banking Partnership
News

Crypto Exchange Gemini Denies J.P. Morgan Chase Ended Banking Partnership

Gemini cryptocurrency exchange has denied information about the termination of J.P. Morgan Chase’s interaction.

Transact Campus Partners With Amazon to Introduce Unmanned Stores on Campuses
News

Transact Campus Partners With Amazon to Introduce Unmanned Stores on Campuses

Fintech provider Transact Campus integrated its payment solutions with Just Walk Out technology by Amazon to deploy self-service stores on and off college campuses

Silvergate Bank Faces “Voluntary Liquidation”
News

Silvergate Bank Faces “Voluntary Liquidation”

The parent company of one of the major crypto-friendly banking institutions, Silvergate Bank, decided to “wind down operations” and liquidate the bank

Finance & Economics