News - page 205

Finance & Economics

Dow closes at its yearly low as investors’ fears grow

Investors, frightened by the stubbornly high inflation and Russia’s attempts to escalate the Ukraine war, massively flee the market: Dow Jones is at its lows

Science & Technology

Over 40% of UK consumers make mobile payments every week

More than four in ten UK consumers make in-person and e-commerce purchases from their mobile devices on a weekly basis 

Blockchain & Crypto

Bitcoin carbon footprint equals to 6 million cars

Bitcoin industry’s carbon footprint is close to the annual emissions of 6 million cars, according to a calculator from the Environmental Protection Agency

Blockchain & Crypto

UK introduces crypto bill aimed at tackling illicit finance 

The government of the UK has introduced a bill to crack down on money laundering and fraud. It will enable authorities to ‘seize, freeze and recover’ crypto assets

Fintech & Ecommerce

Finastra and Visa collaborate on global BaaS offering

Finastra and Visa are working on a Banking-as-a-Service (BaaS) solution for faster cross-border payouts

Blockchain & Crypto

Cardano Vasil goes live

Cardano’s newest hard fork Vasil will  bring “significant performance and capability” enhancements to the blockchain

Events

How to Web 2022 identified the most disruptive startups

Eastern Europe’s leading startup and innovation conference How to Web 2022 gathered entrepreneurs, investors, and product and technology professionals in Bucharest, Romania 

Finance & Economics

Revolut launches account for freelancers

Revolut account for freelancers will first launch in the UK and other European countries

Finance & Economics

Goldman Sachs Expands Transaction Banking to EU

Goldman Sachs offers its API-based Transaction Banking (TxB) platform to EU corporates

Blockchain & Crypto

Cardano Vasil upgrade is ready to launch as all ‘critical mass indicators’ achieved 

As all three metrics necessary to launch the awaited Cardano Vasil upgrade have been met, the countdown is now under 24 hours 

Finance & Economics

Fed Signals Recession May Be a By-Product of Crushing Inflation

Federal Reserve officials signalled they’re willing to tolerate a recession as a price paid for regaining control over inflation

Finance & Economics

Nasdaq launches crypto custody

Nasdaq will offer crypto custody services for financial institutions

Blockchain & Crypto

Hong Kong prepares for e-HKD launch

Hong Kong Monetary Authority concluded that e-HKD has the potential to make payments more effective in a future digital economy

Finance & Economics

Revolut breach compromises data of 50,000 customers

Personal data of about 50,000 Revolut customers got exposed due to the cyber attack

Science & Technology

BNPL Market Size to Expand by 78% in 2022

The popularity of BNPL significantly grew during the pandemic, its market size will only increase in the coming years

Fintech & Ecommerce

Open Banking Expo UK will take place in London on 20 October

Open Banking Expo, the largest global community of Open Banking, Open Finance and Open Payments executives, will bring together this October more than 650 of the UK’s leading innovators, disruptors, and visionaries at Open Banking Expo UK