First Citizens Bank Aims to Buy Silicon Valley Bank
The media reports that First Citizens Bank plans to acquire a Silicon Valley Bank.
News - page 259
Monite Doubles Seed Round to $10 Million
German startup Monite, based on embedded financial processes using the API, announced the attraction of additional funding in the amount of $ 5 million.
Belgian Regulator Obliges Crypto Companies to Warn Customers About Risk
The Belgian financial regulator FSMA demanded that companies engaged in cryptocurrency mention during advertising campaigns that there are no guarantees of profit in this industry and that risk factors are always present.
NatWest Rolls Out Digital ID Service
NatWest Group has made the customer attribute exchange service available to businesses.
Mastercard Integrates With a Stablecoin Digital Wallet
Mastercard collaborated with the Australian stablecoin platform Stables to allow retail customers in the APAC region to spend their stablecoins
BoE Plans to Change SMB Lending
Bank of England has revealed its plans to change the capital treatment for small business (SMB) lending, calling for a more risk-based approach
Xiaomi Applies for Patent Enabling Contactless QR Payments on AR Glasses
Chinese designer and manufacturer of consumer electronics and related software Xiaomi has filed a patent for a QR code payment technology linked to its wearable augmented reality (AR) glasses
Mastercard Acquires Baffin Bay to Strengthen Cybersecurity
Mastercard acquired the cloud-based cybersecurity company Baffin Bay Networks to improve its resiliency against cyber-attacks with new AI ‘Cyber Shield’
ForwardAI Debuts Update to Small Business Lending Solution
Business data FinTech ForwardAI has presented a new version of its Precise API tool, which can be used to optimize financial solutions.
Meta Expands ID Verification Subscription Service to US
The Meta Verified subscription service has become available in the United States.
Sam Bankman-Fried Close to Bail Agreement With Feds
FTX founder Sam Bankman-Fried, according to media reports, is close to concluding a new bail agreement with federal prosecutors.
Warren Buffett May Invest in Regional Banks
The media reported that the US authorities turned to Warren Buffett for help amid the crisis in the financial sector.
Intellect Design Arena Launches eMACH.ai Open Finance Platform
A multi-product fintech company Intellect Design Arena has introduced a cloud-native open finance platform eMACH.ai, powered by AWS and embedded with AI
Signature Bank Has a New Owner
FDIC announced Signature Bank would be sold to Flagstar Bank, a subsidiary of New York Community Bancorp, a week after the bank was placed into receivership
UBS to Buy Credit Suisse, While Central Banks Try to Soothe Market Turbulence
UBS Group will buy Credit Suisse Group for 3 billion Swiss francs ($3.23 billion) in a historic deal backed by Swiss authorities, as problems in the global banking sector persist
Silvergate, Silicon Valley Bank, and Signature: Big Picture in Small Details (Part 1/3)
The Silvergate, Silicon Valley Bank, and Signature Bank saga, in three not-so-concise parts, examines the chaos of centralized cryptocurrency companies, the failing and scrambling US banking system, and the outcomes for the crypto industry and the regular person.
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