News - page 145

Finance & Economics

Monite Doubles Seed Round to $10 Million

German startup Monite, based on embedded financial processes using the API, announced the attraction of additional funding in the amount of $ 5 million.

Finance & Economics

Payroll Firm Raises $500 Million

Rippling reported that it managed to raise funds in the amount of $ 500 million within 12 hours.

Blockchain & Crypto

Belgian Regulator Obliges Crypto Companies to Warn Customers About Risk

The Belgian financial regulator FSMA demanded that companies engaged in cryptocurrency mention during advertising campaigns that there are no guarantees of profit in this industry and that risk factors are always present.

Finance & Economics

NatWest Rolls Out Digital ID Service

NatWest Group has made the customer attribute exchange service available to businesses.

Blockchain & Crypto

Mastercard Integrates With a Stablecoin Digital Wallet

Mastercard collaborated with the Australian stablecoin platform Stables to allow retail customers in the APAC region to spend their stablecoins

Finance & Economics

BoE Plans to Change SMB Lending

Bank of England has revealed its plans to change the capital treatment for small business (SMB) lending, calling for a more risk-based approach

Science & Technology

Xiaomi Applies for Patent Enabling Contactless QR Payments on AR Glasses

Chinese designer and manufacturer of consumer electronics and related software Xiaomi has filed a patent for a QR code payment technology linked to its wearable augmented reality (AR) glasses

Fintech & Ecommerce

Mastercard Acquires Baffin Bay to Strengthen Cybersecurity

Mastercard acquired the cloud-based cybersecurity company Baffin Bay Networks to improve its resiliency against cyber-attacks with new AI ‘Cyber Shield’

Fintech & Ecommerce

ForwardAI Debuts Update to Small Business Lending Solution

Business data FinTech ForwardAI has presented a new version of its Precise API tool, which can be used to optimize financial solutions.

Finance & Economics

Charles Schwab Customers Deposit $16.5 Billion During Banking Crisis

Charles Schwab Company, which specializes in providing brokerage services in the financial market, reports an active influx of new customers in March amid the crisis of the American banking system.

Mark Zuckerberg

Meta Expands ID Verification Subscription Service to US

The Meta Verified subscription service has become available in the United States.

Blockchain & Crypto

Sam Bankman-Fried Close to Bail Agreement With Feds

FTX founder Sam Bankman-Fried, according to media reports, is close to concluding a new bail agreement with federal prosecutors.

Finance & Economics

Warren Buffett May Invest in Regional Banks

The media reported that the US authorities turned to Warren Buffett for help amid the crisis in the financial sector.

Finance & Economics

SVB Financial Group Files for Bankruptcy Protection

The former parent company of Silicon Valley Bank SVB Financial Group has filed for bankruptcy protection.

Fintech & Ecommerce

Intellect Design Arena Launches eMACH.ai Open Finance Platform

A multi-product fintech company Intellect Design Arena has introduced a cloud-native open finance platform eMACH.ai, powered by AWS and embedded with AI

Finance & Economics

Signature Bank Has a New Owner

FDIC announced Signature Bank would be sold to Flagstar Bank, a subsidiary of New York Community Bancorp, a week after the bank was placed into receivership