OpenWallet Foundation Announces 37 Backers for Digital Wallet Project
The Linux Foundation Europe’s initiative to create an open-source engine was implemented with the support of 37 private, non-profit, academic, and government organizations.
Finance & Economics - page 98
Investment Banks Approach Monzo Over IPO
Investment banks have approached the British bank Monzo about a potential initial public offering of shares.
DBS Bank India to Enhance Financial Solutions for MSMEs
DBS Bank India partnered with the eSamudaay network to offer better cash management solutions to MSMEs which conduct business through Open Network for Digital Commerce (ONDC)
Revolut Launches In-App Cashback Feature
Revolut, a global financial superapplication launches a new way of shopping, in which customers receive cashback from their favorite retailers.
Embedded Payments Revenue to Surpass $59B Globally by 2027
A new study from Juniper Research found that the global revenue from embedded payments will reach $59 billion in 2027, up 84% from $32 billion in 2023
Noventiq Closes Acquisition of Saga Group
Noventiq, a global provider of solutions and services in the field of digital transformation and cybersecurity, announced the completion of the acquisition of a controlling stake in .
Wise Joins G-P to Power Global Contractor Payments
Wise collaborated with the global employment platform G-P to deliver flexible payment options for businesses that work with international freelancers and contractors
Plaid Launches Portal to Ease Access to Cybersecurity-Related Information
Plaid simplifies access to information that is requested during a cybersecurity check.
Santander Bank Enlists SigFig for Digital Investment Tools
Santander Bank, N.A. announced the expansion of cooperation with SigFig to create investment and advisory solutions for its clients through Santander Investment Services.
Wells Fargo Launches Digital Platform for Wealth Management Customers
Wells Fargo has announced the imminent launch of a digital platform for money management and money tracking.
NatWest and NAB Recommend Australia to Create Organization Modeled on OBIE
NatWest Bank and National Australia Bank (NAB) of Australia announced the need to consider the possibility of creating an organization in the Australian financial system like the British OBIE, which would help ensure the maximum level of efficiency of interaction between industry representatives and regulatory authorities.
JPMorgan Restricts Staff Use of ChatGPT
The management of JPMorgan Chase has decided to establish a ban on the use of the chatbot ChatGPT by employees of the company.
Binance Partners Ingenico to Enable In-Store Crypto Payments
French POS terminal manufacturer Ingenico has teamed up with the crypto exchange Binance to test in-store cryptocurrency payment acceptance that doesn’t require additional hardware
Saldo Bank launches in Lithuania
Finland-based fintech Saldo Bank, focused on automated credit solutions, has introduced term deposits services along with loans for consumers and SMEs across Lithuania
Euronext Makes €5.5 Billion Indicative Offer for Allfunds
The exchange operator Euronext has made an indicative offer to purchase the B2B wealth-tech Allfunds platform.
ECB to monitor Digital Transformation Efforts at Banks
The European Central Bank plans to conduct targeted reviews and inspections due to the identification of shortcomings in the digital transformation strategies of banks.
Finance & Economics
