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
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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.
Car Finance Fintech Carmoola Closes £8.5 Million Series A
The British company Car finance fintech Carmoola announced that it managed to attract investments in the amount of 8.5 million pounds following the results of the Series A financing round.
Canadian Securities Administrators Strengthen Crypto Oversight
The Canadian Securities Authority (CSA) has published a notice that provides additional obligations to ensure investor protection for crypto asset trading platforms (CTP) operating in this country.
Samsung and Naver to Partner on Mobile Payments in South Korea
Samsung and Naver announced that they have reached an agreement on strategic cooperation in order to combine efforts to maintain the leading positions of these companies in the South Korean mobile payments market.
The Government of Ukraine Launches NFT Cats Collection to Power Naval Drone Fleet
United 24, the official fundraising platform of Ukraine, launched by the President of Ukraine, Volodymyr Zelenskyi, announced the launch of the first national NFT collection featuring сats of the Armed Forces of Ukraine. Proceeds from the NFT sale will help raise funds for a fleet of naval drones
Phos Brings Tap-to-Phone Tech to US With Thrive Payments
Bulgaria-based softPOS system Phos enabled payment gateway Thrive Payments to bring its Tap-to-Phone payment solution to merchants in the US
Lack of Clarity Attacks Innovation: The Case of SEC v. Ripple
With the potential to change how digital assets are regulated in the U.S., as well as how DeFi and blockchain technology develop and are adopted in the future — What is going on with one of the most high-profile cases in the crypto industry?
Swarm Launches Tradable Stocks on Blockchain
Swarm, a regulated blockchain platform, has announced the launch of the world’s first public investment offer for AAPL. TSLA and two network ETFs of US Treasury bonds.
GB Bank Uses Almis Treasury Solutions
GB Bank, which received a full banking license in August 2022, decided to use additional ALMIS International products.
Napier to Provide AML Transaction Monitoring for Lyra
Napier, which specializes in the development of technologies to combat crimes in the financial sector, announced the establishment of a partnership with Lyra Group, a European provider of unified payment solutions.
US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise
The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst
Natwest Waives Customer Charges for Pocket Money Cards
Natwest Bank customers will continue to enjoy free access to prepaid children’s debit cards from this financial institution.
Mastercard and Visa to Face Another Card Interchange Class Action Suit
Mastercard and Visa are preparing for the fact that in the near future, they will once again have to become defendants in the proceedings in the framework of a multibillion-dollar lawsuit on the fact of fees for multilateral exchange (MIFs).
Mastercard and Obopay to Launch Prepaid Card in Rural India
Mastercard partnered with mobile money platform Obopay to launch a financial inclusion prepaid card for smallholder farmers and rural communities in India
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