UK Economy Slides Towards Recession
UK appears to be the only G-7 nation where output declined in the July-September period
News - page 203
APIs Present Billions-Per-Year Monetisation Opportunities for Banks
A new study from the Mobey Forum’s Open Banking Expert Group suggested that banks are missing enormous monetisation opportunities provided by open APIs
Meta to Slash 13% of Employees
Another grand layoff in the industry is the most significant job cut event in Meta’s history
Binance Reconsidered FTX Takeover: Discovered a Financial Black Hole
Binance will not go ahead with plans to buy FTX, after due diligence and US regulatory investigations into the exchange
JP Morgan & Mastercard Launch Pay-by-Bank ACH Payments
The new service allows customers to pay bills automatically using their bank account information instead of a card
How Will US Midterm Elections Influence Stock Market: Forecasts
As Election Day is over and American citizens wait for the results, financial experts wonder what changes would US Midterms bring to the stock markets
Elon Musk Sells Almost $4 Billion in Tesla Stock, Wants to Add ‘Official’ Mark to Twitter
After splurging on the Twitter purchase, Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95 billion
New York Fed Tests Wholesale CBDC
The Federal Reserve Bank of New York experiments with a wholesale CBDC prototype on cross-border transactions
Binance’s Deal to Buy Troubled FTX Shakes Markets
As Binance acquires its rival cryptocurrency FTX, Coinbase shares and major cryptocurrencies plummet
IFINTEC Finance Technologies Conference and Exhibition to Be Held at Istanbul, Turkey, 03-04 May 2023
IFINTEC Finance Technologies Conference and Exhibition will be held on 03 – 04 May 2023 in Istanbul, Turkey.
Contactless Mobile Payments to Surpass 1 Billion Users for First Time in 2024: Research
Increased investment in contactless acceptance infrastructure, especially across emerging regions, will drive the growth of contactless mobile payments
Fed Seized $3.36 Billion in BTC Stolen from Silk Road
This is the Fed’s second-largest seizure of cryptocurrency, following the 2016 Bitfinex hack
Citibank Explains How Digital Assets Can Boost Philanthropy
Citi’s new report reveals the significance of crypto donations in perspective of the cost of living crisis
RCH Partners Dejamobile to Offer SoftPoS on Android NFC Devices
RCH Pay service lets merchants link their RCH cash register to a standard Android NFC smartphone or tablet and accept contactless payments without a dedicated POS terminal
OpenSea Will Enforce NFT Royalties with On-Chain Tool
OpenSea goes against the flow with its new solution to impose NFT royalty fees
Ethereum Roadmap Gets Another Stage: The Scourge
A new milestone on the Ethereum technical roadmap aims to improve censorship resistance and decentralization of the network
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