Solana Spaces Experiment Fails
Solana Spaces stores in Manhattan and Miami did not spark customers’ interest in the Solana and Web3 ecosystem, being closed after 7 months of unfruitful operations
News - page 275
Social Investing Platform eToro Secures NYDFS Licenses
The American subsidiary of eToro, an Israeli social investing platform, received its money transmitter and virtual currency licenses from the New York State Department of Financial Services (NYDFS)
Crypto Startup Klink Finance Gains EU Licence
Klink Finance, a crypto startup based in London, has received initial permission to provide services in the European Union.
UK Open Banking Users Swell to 7 Million
In January 2023, more than 1 million residents in the UK used open banking services for the first time in their financial management practice.
Ethiopia Considering Opening Mobile Money Market to Foreign Operators
A consultative meeting will be held in Ethiopia by the end of February, during which the prospects of the mobile money market in this country will be discussed.
SBI Investment Leads $28 Million Series A in German Fintech Pliant
Japan’s SBI Investment has led a $28 million Series A round in the German corporate card platform Pliant.
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.
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
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
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
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
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
Tesco Considers Selling Its Banking Arm
Currently, the British supermarket chain Tesco is considering selling its banking division.
Nimerex.com Adds Billing and Invoicing to Online Business Solutions
Nimerex.com launched an electronic billing and electronic invoicing service.
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.
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
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