News - page 228

Fintech & Ecommerce

eBay and Techstars Launch Accelerator Program for Innovations in eCommerce

eBay and Techstars, as part of the implementation of the cooperation program, intend to launch an acceleration initiative for companies that carry out their activities in the field of e-commerce and are at an early stage of existence.

Society & Lifestyle

Starling Bank Enables ‘Hide References’ to Aid Economic Abuse Victims

Starling Bank launched an unprecedented feature that enables abuse victims to switch off intimidating and offensive payment references that can accompany bank transfers

Finance & Economics

European Tech Startup Funding to Drop 39%: Forecast & Implications

European tech startups are witnessing another tough year, the funding is steadily falling, largely due to a retreat from US investors

Blockchain & Crypto

El Salvador to Use Volcano Energy for $1B Bitcoin Mining Park

The small country of El Salvador is home to 30 volcanoes, 20 of which are potentially active. This “volcano energy” will not go to waste, being harnessed for an ambitious $1B Bitcoin mining project

Blockchain & Crypto

Americans Are Sceptic About CBDC: Survey

A recent survey found that twice as many Americans are against (34%) the Federal Reserve offering a CBDC compared to those who favour centralized cryptocurrencies (16%)

Blockchain & Crypto

SEC Sues Binance: Charges Revealed

Through thirteen charges on 136 pages, SEC alleges that Binance and its CEO Changpeng Zhao “engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law”

Finance & Economics

Apple Sets for Record High Ahead of Mixed-Reality Headset Launch

The value of Apple shares on Monday trading shows record high values on the eve of one of the most significant events in the history of the company associated with the launch of new technological generation products.

Fintech & Ecommerce

Helium Health Gets $30 Million

The African startup Helium Health announced the attraction of investment funds in the amount of $30 million following the results of the Series B financing round.

Fintech & Ecommerce

BIS Successfully Tests Quantum-Safe Financial Communications

The BIS Innovation Hub Eurosystem Centre in partnership with European banks has successfully set up a quantum-safe communication channel that shields financial data

Fintech & Ecommerce

Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil

Robinhood Markets reports that its customers are switching to high-yield deposits.

Blockchain & Crypto

JPMorgan Turns to Blockchain for Dollar Trades in India Hub

JPMorgan Chase, together with several Indian banks, will launch a project aimed at creating a blockchain-based platform.

Finance & Economics

UBS to Complete Credit Suisse Takeover by June 12

UBS expects to finalize its takeover of Credit Suisse as early as June 12, emerging from this rescue deal as a giant Swiss bank with a balance sheet of $1.6 trillion

Blockchain & Crypto

US Bill Proposes to Change SEC Role in Crypto Regulation

House Republicans have unveiled legislation that addresses the role of regulators such as the SEC in the crypto industry, aiming to maintain the balance between consumer protection and encouraging responsible innovation

Science & Technology

Total Funding Into Environment Tech Falls 5% in 2022, Keeps Declining

Having recorded its highest-ever funding of $31.6 billion in 2021, the environment tech sector saw investments fall by 5% year-on-year to $29.9 billion in 2022

Fintech & Ecommerce

Standard Life Partners Moneyhub for Open Finance Integration

Standard Life is teaming up with Moneyhub to roll out the open financial instrument Money Mindset.

Fintech & Ecommerce

Worldline and VTEX Partner on Global eCommerce and Payments

Worldline and VTEX have established a partnership to combine efforts to provide e-commerce and payment services at the global level by multinational merchants.