First Republic Strengthens Liquidity With the Help of JPMorgan
First Republic Bank enhanced and diversified its financial position through additional liquidity from the Federal Reserve Bank and JPMorgan Chase
News - page 257
South Korea Launches Metaverse Fund
The Ministry of Science and ICT of South Korea established an investment fund to support the growth of metaverse initiatives in the country
BILL and BMO Debut Bill Pay and Invoicing Tool
BILL software development company, together with the Bank of Montreal (BMO), has launched a platform for paying bills/invoicing.
Finance Platform Railsr to Sold to Consortium
Railsr, formerly known as Railsbank, will become the property of a consortium of global investors.
Krungthai Bank Deploys Visa B2B Connect in Thailand
Krungthai Bank (KTB) and Visa announced the conclusion of a partnership agreement to provide enterprises operating in Thailand with the opportunity to make cross-border corporate payments under a simplified procedure.
Biden Budget Proposes Crypto Mining Tax
A budget proposal by U.S. President Joe Biden aims to “reduce mining activity” with a 30% tax on electricity costs linked to the cryptocurrency mining process
Pocketbook and Bond Help Small Businesses Deploy Digital Wallets
Pocketbook and Bond announced the beginning of cooperation, the purpose of which is to provide small and medium-sized businesses with the opportunity to introduce digital wallets.
BaaS Platform Synterra Raises $15 Million
Synctera, an American player in the field of banking services, announced the attraction of additional financing, the amount of which is $ 15 million.
Finastra Launches SaaS ESG Service for Sustainable Lending
Fintech vendor Finastra has launched the new ESG Service to support banks in their sustainable lending practices in regard to corporate clients
Central Bank of Nigeria Releases Open Banking Guidelines
The newly released operational guidelines from the Central Bank of Nigeria clarify responsibilities and expectations for the open banking ecosystem participants in the country
Xeni and BitPay to Enable Crypto Payments in Travel
Through the partnership with Bitcoin payments company Bitpay, Xeni enables its customers to accept crypto payments for commercial flights, hotels, car rentals, and other travel activities
Swift to Develop CBDC Connector
After sandbox testing, Swift is preparing to develop a beta version of the new way to connect central bank digital currencies (CBDC) with existing fiat infrastructures
WeChat Adds CBDC to Payment Platform
China’s major social networking and payment app WeChat has followed Alipay in adding support for payments using the digital yuan – the country’s central bank digital currency (CBDC)
NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
The New York State Department of Financial Services (DFS) secured $157.4 million in 2022.
AI Startup Anthropic Reportedly Looking to Raise $300 Million
Startup Anthropic, which specializes in developments in the field of artificial intelligence (AI), plans to attract investment funds in the amount of $ 300 million.
Candidly Raises $20.5 Million for Student Debt and Savings Optimization
Candidly reported that it managed to attract investment funds in the amount of $ 20.5 million following the results of the Series B financing round.
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