Modern Treasury Unveils Global ACH Service
Modern Treasury has presented a new cross-border payment network Global ACH, that should provide a cheaper and faster alternative to the SWIFT network and other third-party options with high FX markups
News - page 233
ECB Introduces Timeline for CBDC Rollout
The European Central Bank (ECB) has announced its plans for a step-by-step rollout of a digital euro CBDC. The final realisation phase may come later this year
Robinhood Wallet Launches on iOS, Android Support Soon to Come
Robinhood Wallet, which launched its beta version in September, now rolled out full-scale for the one million customers on the waitlist
DoorDash Partners With Chase to Drive Rewards Card Spend
DoorDash launched a co-branded Rewards Mastercard in partnership with Chase, offering 4% cash back on orders placed via the aggregator or its subsidiary Caviar
GoDaddy and Worldpay Launch Commerce 360
GoDaddy and Worldpay announced the beginning of cooperation with a view to the subsequent launch of the joint Commerce 360 platform.
TD Bank Completes Cowen Acquisition
TD Bank Group, based in Toronto, announced the completion of the acquisition of the New York multinational investment bank Cowen Inc.
Revolut Reports First Annual Profit
Financial technology company Revolut, which specializes in providing banking services, has received its first annual profit.
Wise Rebrands As Customer Numbers Reach 16 Million
Money transfer company Wise has updated its design.
Citi Invests in Financial Crime Risk Management Vendor
Quantifind, a provider of financial crime risk management technology based on artificial intelligence, announced the attraction of investment funds for $ 23 million following the results of the financing round.
Intesa Sanpaolo Signs Strategic Deal With IBM
One of the largest Italian banks Intesa Sanpaolo announced the signing of an agreement on strategic cooperation with IBM.
Walmart Teams Up With Citi on Digital Lending Platform
Walmart and Citi introduce a digital lending platform that connects the retail giant’s network of 10,000 US-based small business suppliers with 70+ lenders that may provide loans of up to $10 million
Polygon Introduces Decentralized Zero-Knowledge ID Product
One year after the launch of the Polygon L2 protocol in a closed environment, the blockchain presented its decentralized ID solution that uses zero-knowledge proofs (ZK proofs)
BNPL Provider Zip Exits Markets and Sells Assets in a Rewind of Global Expansion Plans
Australian BNPL firm Zip has reconsidered its plans for international expansion after a 95% stock slump
Fintech myPOS Launches New Products for SMEs
UK-based fintech platform myPOS has launched the next generation of myPOS Go device that allows even micro SMEs to take their business to the new level
Hundreds of Bitcoin ATMs Go Off the Grid in 60 Days
In January 2023, the global Bitcoin ATM network declined by 289 machines, with the number of crypto ATMs further cut down in February by 123 machines
Mastercard and Google Launch Google Pay in Kuwait
Mastercard joined Google to strengthen digital payment capabilities in Kuwait with Google Pay offering
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