News - page 270

Science & Technology

Report Identifies DeFi as New High Growth Area for Crypto Industry, While CeFi Funding Plunges

Digital asset investment firms increased their funding of decentralized finance (DeFi) projects in 2022 by 190%, while investments into centralized finance (CeFi) projects fell 73%

Fintech & Ecommerce

Canadian Fintech Nuvei Launches in Australia

Canadian fintech company Nuvei, announced that businesses operating in Australia can now access its full suite of payments solutions, continuing its global expansion strategy

Science & Technology

FlashCloud Employs Machine Learning to Enable Businesses Tailor Their Sales Pitch

A new machine learning (ML) enabled feature from FlashCloud Intelligence helps business-to-business (B2B) sellers find prospects on social media and identify “buying signals”

Science & Technology

WhatsApp Gets Central Bank Approval to Launch Business Payments in Brazil

While people in Brazil have been able to use WhatsApp for P2P transactions for a while, the national Central Bank had not given the green light for small business payments until now

Fintech & Ecommerce

Innovate Finance Calls For Expanded Open Banking

The British fintech industry organization Innovate Finance has appealed to regulators to expand the scope of open banking services.

Blockchain & Crypto

Block’s TBD Division Launches C= to Improve Bitcoin Lightning Network

The new venture c= founded by Block’s (formerly, Square) TBD division aims to expand the reach of the Bitcoin Lightning Network through added liquidity and routing services

Finance & Economics

Central Bank of Ireland Blocks Staff Use of ChatGPT

The Central Bank of Ireland has decided to ban the use of chatbot ChatGPT with artificial intelligence (AI) by employees of a financial institution.

Science & Technology

CFPB Discloses Typical Consumer Financial Profiles of BNPL Users

The CFPB revealed its recent research which helped the institution create a typical image of a BNPL borrower, who uses the option without signs of stress, but tends to be highly indebted

Finance & Economics

Silvergate on the Brink of Bankruptcy, Wiping $22 Billion From Bitcoin Market Cap

The crypto-focused bank Silvergate warned it would miss the annual financial report deadline and raised questions about its ability to survive. A wave of uncertainty caused about 5% Bitcoin decline

Finance & Economics

Amazon Business App Adds Purchase Reconciliation Tool for B2B Buyers

Amazon Business has added 3-Way Match to its mobile app for B2B shoppers.

Finance & Economics

Zenus Bank Launches Visa Infinite Debit Card in 46 Countries

Zenus Bank announced the launch of the Visa Infinite debit card.

Finance & Economics

Klarna Teams With Buddy

Klarna announced the establishment of a partnership with Buddy.

Finance & Economics

InvestCloud Upgrades White Platform

InvestCloud, the global leader in the digital transformation of the financial industry with assets of more than $ 6 trillion, announced the release of the next version of InvestCloud White called InvestCloud White FMB+

News

Dogs Trust Launches Debit Card With Fintech Currensea

Dogs Trust, a British animal welfare charity, has announced the launch of a debit card.

Blockchain & Crypto

Binance Adds Support for More African Currencies

Binance, the world’s largest blockchain ecosystem and cryptocurrency infrastructure provider, has announced the start of support for more African currencies.

Finance & Economics

HSBC Grants Its First Green Loan in Hong Kong

HSBC Bank has granted its first green loan to a climate-mitigation technology firm based in Hong Kong. The borrower is fighting global warming with emissions reduction projects on the construction sites