News - page 153

Fintech & Ecommerce

Thunes Bags $30 Million in Ongoing Investment Round

Thunes, a Singapore-based company that specializes in providing financial services for making cross-border payments, announced the attraction of $30 million in investment funds during an ongoing funding round.

Finance & Economics

UK Government Abandons Sunak’s NFT Plan

The UK government has decided not to implement the plan of the country’s Prime Minister Rishi Sunak, which provides for the Royal Mint to commit to creating an interchangeable token.

Blockchain & Crypto

UAE Rolls Out Digital Dirham Project

The Central Bank of UAE is ready to start with its Central Bank Digital Currency (CBDC) implementation. The Digital Dirham project will employ G42 Cloud and enterprise blockchain firm R3

Fintech & Ecommerce

Fintech Spiral Raises $28 Million for B2B

Spiral startup, which is based in New York, announced that it managed to attract investment funds in the amount of $ 28 million to launch the Impact as a Service platform.

Finance & Economics

More Wall Street Giants Back Versana Syndicated Loan Platform

Deutsche Bank, Morgan Stanley, US Bank, and Wells Fargo have become the latest representatives of the financial services industry to support the Versana syndicated lending platform.

Science & Technology

Austria Launches Multi-Modal Mobile Fare Payments

SimplyGo! service allows all citizens of Austria to make contactless fare payments for both single and multi-modal journeys with just two swipes on their smartphone screen

Science & Technology

Huawei Launches Non Stop Banking Initiative

Chinese tech company Huawei unveiled its Non Stop Banking initiative to help banks increase revenue and customer base, save operational costs and enhance financial inclusion

Science & Technology

YouTube Winds Up Social Commerce App Simsim

The media giant YouTube shuts down its live social commerce app Simsim, targeting Indian SMEs and retailers, to focus on building a ‘seamless shopping experience for viewers’

News

Grubhub Offers Campus Card Payments in Bid for Student Loyalty

Grubhub is actively implementing new payment solutions to ensure the security of college students’ expenses.

Finance & Economics

World Bank Says Nations Must Adopt Policies to Boost Growth

The World Bank said that countries need to take measures to prevent the expected global downturn in economic growth.

News

CFTC Seeks to Ban Binance From USA

The Binance crypto trading platform and its CEO Changpeng Zhao have been accused of violating the rules in a US federal court.

Fintech & Ecommerce

Visa Competes to Acquire Banking and Payments Platform Pismo

Visa is interested in purchasing the Pismo cloud banking and payment platform.

Finance & Economics

Big Banks Invest in Generative AI Startup Hazy

The National Building Society, Wells Fargo, and Intesa Sanpaolo became participants in the Series A financing round, during which investment funds were raised for the development of the British developer of synthetic data Hazy.

Finance & Economics

Barclays Bank to Trim More Branches

Barclays Bank continues to actively implement a policy of abandoning the use of traditional branches.

Fintech & Ecommerce

Vemanti Partners With Finastra to Build Neobank for Asian SMEs

Vemanti Group has partnered with Finastra to build an SME-focused neobank in Southeast Asia

Finance & Economics

CBA and Telstra Trial Scam Indicator

Commonwealth Bank of Australia is exploring a Scam Indicator solution able to protect its joint with Telstra clients from phone scams and mitigate customer losses of up to $15-20 million