News - page 266

Finance & Economics

Bank of Japan Launches CBDC Pilot

The Bank of Japan decided to launch large-scale testing of the digital yen after two years of research into the prospects of this project.

Science & Technology

TikTok Offers Creators Better Monetization Opportunities with Revamped Creator Fund

The beta version of a revamped TikTok creators fund called the “Creativity Program” provides higher revenue opportunities for qualified video views

Blockchain & Crypto

Hong Kong Welcomes Crypto Trading With New Policies

Hong Kong proposes milder crypto regulations that would let retail investors trade certain “large-cap tokens” on licensed exchanges, emerging as one of the new hubs for the virtual asset industry

Blockchain & Crypto

Crypto Outflows Surge Amid SEC Crackdown

Institutional investors are massively withdrawing crypto funds as the SEC targets more and more aspects of the crypto industry in the US, making it harder for crypto trading platforms to provide custody, minting and staking services

Finance & Economics

Barclays Reveals Contactless Payments Trends

New data from Barclays, which enables nearly half of the UK’s debit and credit card transactions, reveals that a record 91.2% of all eligible card transactions were contactless in 2022

Finance & Economics

Riyad Bank Integrates E-Invoicing ZATCA Enabled by SunTec Xelerate

Riyad Bank, one of the largest financial institutions in Saudi Arabia, integrated the Zakat, Tax and Customs Authority (ZATCA) solution for e-invoicing, deployed on SunTec Xelerate platform

Finance & Economics

Tesco Considers Selling Its Banking Arm

Currently, the British supermarket chain Tesco is considering selling its banking division.

Finance & Economics

Nimerex.com Adds Billing and Invoicing to Online Business Solutions

Nimerex.com launched an electronic billing and electronic invoicing service.

Finance & Economics

MoneyLion Teams Up With Column Tax

MoneyLion Inc., a provider of personalized financial content, financial products, and advice, has started offering its users free tax filing services.

Fintech & Ecommerce

BaaS Provider AIZEN Launches “AI Core-Tech” in a Dynamic Environment With ChatGPT

One of the leading banking-as-a-service (BaaS) providers in the Southeast Asian market – AIZEN – introduced the banking service using “AI Core-Tech” in a dynamic environment with ChatGPT

Finance & Economics

Noventiq Completes Seven Seas Technology Acquisition

Noventiq, a global provider of digital transformation and cybersecurity solutions and services, closed the deals to acquire UAE-based Seven Seas Technology (SST).

Finance & Economics

The Bank of Zambia Works on Crypto Regulation

The Bank of Zambia along with the national Security Exchange Commission is testing technology to enable the regulation of cryptocurrency in the country

Finance & Economics

MasterCard Partners NowNow to Boost Cybersecurity for Nigerian SMEs

Nigerian digital payment startup NowNow has joined forces with global payment giant Mastercard to improve the cybersecurity options available to Nigerian SMEs who typically do not have the resources to defend themselves from massive cyber attacks

Blockchain & Crypto

SEC Accuses Terraform of Fraud

Securities and Exchange Commission (SEC) The United States has accused the cryptocurrency company Terraform Labs of implementing fraudulent schemes.

Finance & Economics

Client Onboarding Outfit Sikoia Raises $6 Million

Sikoia, a London-based unified data platform designed to simplify customer adaptation and risk assessment, has reported raising $6 million in baseline funding.

Science & Technology

Alternative Credit Data Boosts Financial Inclusion and Increases Revenue Growth: Report

The report by LexisNexis Risk Solutions reveals that financial inclusion is accelerating the adoption of alternative credit data across financial institutions which, in turn, is increasing their revenues