Hong Kong Launches Wholesale CBDC Project
In Hong Kong, the local financial regulator announced the launch of the wholesale Central Bank Digital Currency (CBDC) project.
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Nationwide Building Society to Acquire Virgin Money
The bank Nationwide Building Society, which is based in the United Kingdom, plans to acquire retail lender Virgin Money.
Uber Eats Launches Live Location Sharing
Uber Eats has announced the launch of a real-time location-sharing feature for delivery to hard-to-reach spaces.
NYCB’s New CEO Mulls Business Plan
The new CEO of New York Community Bancorp (NYCB), Joseph Otting, said that he is currently working on creating a new business plan for this financial institution.
Salesforce Announces New AI Solutions for Doctors
Salesforce on Thursday, March 7, announced new solutions for data processing and artificial intelligence.
Apple Makes Big App Store Changes in Europe
Apple is forced, in a sense, to weaken the symbolic fortress of the iPhone in Europe against the background of stricter regulatory requirements in this region.
China’s Exports Exceed Forecasts
In China, export and import figures for January and February exceeded preliminary expectations, which is evidence of the intensification in the sphere of world trade and at the same time a signal of positive prospects for Asian country politicians in the context of their efforts to improve the situation associated with the slowdown in the […]
Revolut CEO Warns About Risk for London Status as FinTech Hub
Revolut’s new CEO in the United Kingdom is committed to being sure that London does not lose its status as a fintech technology hub in the future.
Jerome Powell Says Fed Needs More Confidence on Inflation to Cut Rates
Federal Reserve Chairman Jerome Powell, during a speech before the House of Representatives commission on Wednesday, March 6, said that the central bank of the United States is not yet ready to start making decisions on lowering interest rates, because, before appropriate measures, it is necessary to make sure that the final victory in the […]
Baanx Raises $20 Million
The Baanx company, which specializes in cryptocurrency payments, raised financing for $20 million.
Fyle Rolls Out Conversational AI
Fyle has launched a conversational artificial intelligence platform through which employees can send expense receipts and related details in text message format.
Visa and Western Union Form New Cross-Border Payment Agreement
Visa and Western Union have entered into a new agreement in the sphere of cross-border payment transactions.
Deutsche Börse Launches Regulated Spot Crypto Exchange
Crypto trading on the new Deutsche Börse Digital Exchange (DBDX) for crypto assets is now live.
Flipkart to Allow Transactions With UPI Instant Payments System
The Indian e-commerce marketplace Flipkart has launched a Unified Payments Interface (UPI) to expand its digital payment transaction offerings by adding an instant financial operations system popular in the South Asian country with an appropriate functional purpose.
Neobank Monzo Raises $430 Million
Digital bank Monzo, which is based in the United Kingdom, on Tuesday, March 5, announced that it had managed to raise new capital for $430 million from investors.
AMD Reportedly Hits Roadblock for China-Tailored Chip
Advanced Micro Devices (AMD) is currently striving to overcome the trade barriers that have been created by the United States around China.
