News - page 256

Finance & Economics

NatWest Sets Daily Crypto Purchase Limits

NatWest has become the latest British bank to decide on restrictions for customers buying cryptocurrency.

All materials

Binance Suspends Sterling Deposits and Withdrawals

The Binance crypto exchange announced the decision to temporarily stop deposits and withdrawals in pounds sterling.

Reports

Italy Sees the Fastest Growth of In-Store Mobile and Wearable Transactions

In-store mobile and wearable transaction values in Italy rose by 122% in 2022 to hit $17.5 billion

News

JPMorgan Funds Metaverse Payments Platform Tilia

A payment platform for metaverse economies Tilia has secured a total of $22 million in funding from JPMorgan and Seoul-based fintech Dunamu to scale and provide KYC-compliant micropayments

Finance & Economics

Platform Tallarium Secures $1.6 Million Investment

Tallarium, a provider of unique trading analytics for determining prices in over-the-counter energy markets, announced the attraction of additional investments from XTX Ventures, the venture capital division of the leading algorithmic trading company XTX Markets, and the venture capital firm Reciprocal.

Finance & Economics

SEB Buys Stake in Nordic InsurTech Hedvig

The Swedish bank SEB has announced the start of strategic cooperation with the Norwegian insurance company Hedvig.

Blockchain & Crypto

Hackers Steal Around $200 Million From Crypto Lender Euler Finance

On Monday, March 13, the blockchain monitoring company PeckShield published a message on Twitter addressed to the crypto-lending platform Euler Finance, calling for attention to a series of suspicious financial transactions.

Fintech & Ecommerce

Dubai’s Astra Tech Forms Partnership With Mastercard

Fintech company Astra Tech, which is based in Dubai, announced that as a result of a partnership with Mastercard, it managed to expand its payment ecosystem.

Finance & Economics

FDIC Plans to Try Again to Sell Silicon Valley Bank

Another attempt to sell the Silicon Valley bank may be made in the near future.

Finance & Economics

Apexx Global Scores $25 Million Series B

The investment management platform Apexx Global announced the receipt of additional financing in the amount of $25 million.

Finance & Economics

Bloomberg Agrees Broadway Acquisition

Bloomberg has agreed to acquire Broadway Technology, a vendor front-office technology provider.

Blockchain & Crypto

Circle Finds New Banking Partner After SVB Failure

The stablecoin issuer Circle, affected by the recent closures of crypto-friendly SVB and Signature Bank, has found a new banking partner recognised for its services to Visa and Coinbase

Blockchain & Crypto

Meta Winds Down NFT Service

Meta is terminating its short-lived NFT support service across its social media platforms, Facebook and Instagram

Fintech & Ecommerce

Experian to Pilot Credit-Building Service

Experian will pilot a new service for “credit invisibles”– people with little to no credit history – to get better access to mainstream financial services and start their credit-building journey

Reports

Australian Taxation Office Implements Crypto Monitoring

The Australian Taxation Office is taking measures to monitor crypto transactions and ensure tax law compliance when it comes to digital assets with the help of a new data-matching tool

All materials

US Department of Agriculture to put State Benefits on Mobile Phones in Five States

The U.S. Department of Agriculture (USDA) will provide citizens eligible for financial support under the Supplemental Nutrition Assistance Program (SNAP) in Illinois, Louisiana, Massachusetts, Missouri, and Oklahoma with the opportunity to receive benefits and make payments via NFC or QR code for relevant purchases on a mobile device.