News - page 285

Finance & Economics

FNZ Buys YieldX

FNZ, capital management platform, acquired YieldX, a provider of fixed-income portfolio management technologies, optimization services, and direct indexing tools.

Fintech & Ecommerce

PhonePe’s Valuation Doubles Over $12BN

The valuation of the Indian fintech giant PhonePe has more than doubled and exceeded $12 billion in a new round of financing.

Finance & Economics

Microsoft, Amazon Set to Erase 28,000 Jobs

Microsoft and Amazon on January 18 began a large-scale reduction of employees.

Finance & Economics

Digital Dollar Project Announces Recruitment of Employees

The Digital Dollar Project (DDP), a non-profit organization aimed at stimulating public discussion around the central bank’s digital currency (CBDC) in the United States, has announced the recruitment of new employees.

News

PayJunction Announces Integration With Plaid

PayJunction, a leading developer of payment processing technology, has announced integration with Plaid, a network that provides a digital financial ecosystem to simplify bank payments.

Finance & Economics

German Bank N26 Expands Crypto Trading Service

German online bank N26 announced an expansion of its crypto trading services to 5 new European markets.

Finance & Economics

US Charges Bitzlato Founder With Money Laundering

The crypto platform Bitzlato is suspected of laundering funds tied to illicit Russian finance, US authorities arrested its founder

Fintech & Ecommerce

BNPL Startup Tabby Raises $58M to Expand Product Line

The $58M funding round will allow Tabby to expand its BNPL offering and support the company’s growing operations

Blockchain & Crypto

Binance Is Now Fully Compliant With Polish Crypto Regulations

Binance branch in Poland is now fully compliant with local regulatory standards for virtual asset service providers

Fintech & Ecommerce

HashKey Capital Raises $500 Million for Web3 Fund

Digital asset manager HashKey Capital will be investing $500 million into advancing blockchain initiatives in emerging markets.

All materials

FTX Reports $415M in Hacked Crypto

The bankrupt FTX crypto exchange reported in a report to creditors that about $ 415 million in cryptocurrency was stolen as a result of hacks.

Finance & Economics

Peel Hunt Analysts Optimistic About Fintech Prospects

Analysts of the Peel Hunt investment bank are convinced that the financial technology industry will actively develop.

Finance & Economics

Bank Silvergate Posts $1BN Loss

Silvergate Bank, which is focused on activities in the field of cryptocurrencies, reported a loss of $ 1 billion in the fourth quarter of 2022.

Countries

UK Inflation Falls for Second Consecutive Month

In the UK, a decrease in the inflation rate has been recorded for the second month in a row.

Blockchain & Crypto

Blockstream Jade Hardware Wallet Gets Updated

Jade wallet from Blockstream is now compatible with most of the popular wallet apps and platforms, with the newly-released features of camera activation and QR code support

Finance & Economics

New Technologies to Secure Authorized Payments, Zelle Scams

Authorized payments are one of the favorite targets for fraudsters, according to Aite-Novarica Group, they account for two out of five cases of fraud and losses for financial institutions.