UK FinTechs Seek Government Support After SVB Collapse
In the UK, local startups that operate in the field of fintech express concern that the country is losing its position in the global financial system.
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U.S. Lawmakers Set to Examine Future of US Stablecoins
In the United States, hearings are due to take place this week, according to the results of which local legislators will decide on the future of stablecoins.
Yellen Warns Banks Could Pull Back on Lending
The US Treasury Secretary reported on the high probability of a change in the approach of local financial institutions to lending in the direction of tightening.
HSBC Hires Ex-SVB Bankers to Focus on US Innovation Economy
HSBC currently hires about 40 former employees of the Silicon Valley bank.
Alacriti and Socure Team to Prevent Payment ID Fraud
Payment fintech Alacriti announced the beginning of cooperation with Socure to prevent fraudulent activity committed during instant payments and using personal data.
Visa Launches Visa Eco Benefits in UAE
The new Eco Benefits solution will allow Visa issuers to add sustainability-focused features to existing Visa credit and debit products, encouraging sustainable consumption and behaviours
Twitter Launches Subscriptions Feature So Users Can Monetize Content
Twitter users have been allowed to apply for monetization of the materials they post on this platform.
JPMorgan Asks for Permission to Question Frank Founder About Transfers
JPMorgan Chase wants to interrogate Frank founder Charlie Javis as part of the proceedings on the transfers of millions of dollars.
Stripe Offers Affirm’s Adaptive Checkout to Canadian Users
Stripe payment company and the Buy Now, Pay Later (BNPL) Affirm service provider have expanded the scope of cooperation.
FTX Lawyers Recover Billions and Bill Millions Investigating Exchange Reboot
FTX lawyers are exploring the possibility of restarting this cryptocurrency exchange.
Bloomberg Develops Generative AI Model Trained on Financial Data
Bloomberg LP announces its intention to add artificial intelligence (AI) functions, with which users will be able to get answers to business-related questions.
Amazon Joins Generative AI Race
Amazon Web Services has become another company to explore generative artificial intelligence. The new Bedrock AI service is now available in a limited preview
Hugo Boss Adds NFC Tags to Headwear for Digital Twins Creation
Hugo Boss added equipped a selection of baseball caps with an NFC tag that enables purchasers to create NFT digital twins and dress their metaverse avatars
Bank of America Sees Slowing Credit and Debit Card Spend
In the United States, in March 2023, household spending on credit and debit cards increased by 0.1% compared to the figure recorded for the same period last year.
Twitter to Enable Crypto Trading via eToro
Twitter is turning into a more crypto-friendly space, now letting users buy and sell stocks and crypto assets from the eToro platform
LMS365 Raises $20 Million
The Danish company LMS365, an online learning management system (LMS) for use in Microsoft products, announced the attraction of investment funds for $20 million following the results of its first institutional funding round.
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