News - page 256

Science & Technology

60% of Card Payments in Europe are Contactless

European Central Bank (ECB) has conducted “Study on the payment attitudes of consumers in the euro area (SPACE) 2022”, revealing the growth of contactless card payments in the EU

Countries

BNP Paribas Invests in Fintech

BNP Paribas has become the latest banking giant to invest in AccessFintech.

News

Revelator and Stripe to Develop NFT Payment Infrastructure

Revelator announced the beginning of a collaboration with Stripe to allow customers to use a credit card to purchase digital collectibles directly from artists.

Finance & Economics

Amazon to Open Buy with Prime to More Retailers

Amazon is increasing the availability of its Buy with Prime button.

Blockchain & Crypto

U.S. Government Seizes SBF’s $465 Million in Robinhood Shares

Former CEO of FTX, the now-bankrupt cryptocurrency exchange and hedge fund, filed a request to keep his shares of trading platform Robinhood, in order to pay legal fees. The U.S. Department of Justice (DOJ) has now seized the shares, valued at roughly $465 million, as the stake wasn’t part of the FTX bankruptcy estate.  Sam […]

Blockchain & Crypto

Nebeus Crypto App Issues Its Debit Card

Nebeus, a financial app for crypto-holders, announced the launch of its first VISA-supported card.

Finance & Economics

Tulipshare Calls On PayPal to Stop Discriminatory Account Blocking

The creators of the Tulipshare mobile application called on PayPal to more transparent account blocking and provide non-discriminatory financial services to all users.

Reports

World Bank Cuts 2023 Global Growth Estimates

The World Bank’s latest “Global Economic Prospects” report predicts 2023 global growth to slow to 1.7% from the 3% expected six months ago

Finance & Economics

European Stocks Outperform US Peers

Typically lagging behind on the global market scene, European stocks have shown tremendous gains in the past couple of months, more than double the growth of their US counterparts

Blockchain & Crypto

Bitcoin Misconceptions Plague Peter Zeihan On Joe Rogan’s Podcast

American geopolitical strategist, speaker, and author of The End of the World Is Just the Beginning: Mapping the Collapse of Globalization, Peter Zeihan had a lot to say about Bitcoin (BTC) on the Joe Rogan Experience podcast. And the cryptocurrency community is seething. Of the 2 hour long podcast, geopolitical strategist and author Peter Zeihan […]

Society & Lifestyle

Questions to ask when getting an auto title loan with a lien

Getting an auto title loan with a lien is a valuable financial tool for borrowers who need quick cash for financial emergencies. However, you must understand what the loan entails, the terms of your loan, and other details before signing any documents. Here are some essential questions to ask when shopping around to ensure you […]

Science & Technology

Microsoft Considers $10B Investment into OpenAI

If Microsoft investment takes place, OpenAI – the startup behind the ChatGPT chatbot – will be valued at $29 billion

Science & Technology

Research: eSIM Market to Reach $4 Billion Globally in 2023

As Apple innovation disrupts the smartphone industry, eSIM market is poised to be valued at $4.7 billion in 2023, rising to $16.3 billion by 2027

Finance & Economics

Wyre Introduces Withdrawal Limits

San Francisco-based crypto payments firm Wyre is implementing 90% withdrawal limits for user accounts, “acting in the best interest of our community”

Fintech & Ecommerce

FlexxPay Partners ADCB to Offer Payroll Services in UAE

This new alliance gives UAE companies an opportunity to provide their unbanked employees with complete digital bank accounts using the FlexxPay app with access to ADCB payroll services

Fintech & Ecommerce

CIBC Launches Money Management Tool

Canadian Banking and Financial Services Corporation CIBC announced the launch of CIBC Smart Planner, a digital self-service tool.