ECB to Stay Course to Return Inflation to 2%
Christine Lagarde said that the European Central Bank will take all necessary measures to return inflation to the target of 2%.
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BNY Mellon and Fiserv Partner on Real-Time FX Rate Quotes
The partnership between Fiserv and BNY Mellon brings US financial institutions one step closer to fast and easy cross-border transactions
ECB Contemplates Development of Digital Euro App
The European Central Bank is exploring the prospects of creating a digital euro mobile application.
German Antitrust Regulator Investigates PayPal
Germany’s antimonopoly regulator has launched an investigation into PayPal.
US Biggest Banks Teams Up to Take On Apple and PayPal
The largest US banks are joining forces to create a digital wallet.
Web3 Social Wallet Tribes Launches
Tribes, a Web3 messaging and group wallet app, launched after receiving $3.3 million a pre-seed funding round.
UAE Backs Crypto Adoption With Trading Potential
The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.
B2B BNPL Playter Launches Credit Solution Paid
The UK-based provider of B2B Buy-Now-Pay-Later (BNPL) services Playter now allows suppliers to offer out BNPL payment plans to their customers
America’s First Nuclear-Powered Bitcoin Mining Center
Cumulus Data will open America’s first nuclear-powered Bitcoin mining center in Pennsylvania.
InsurTech Insured.io Introduces Payment Center
A new payment processing feature, Payment Center, will allow insured.io to customise automatic payments
Binance SWIFT Banking Partner to Ban USD Transfers Below $100K
Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.
Survey: Nearly 20% of US Firms Expect to Reduce Headcount
A survey by the National Association of Business Economics testified that conditions in the US labor market are softening, and companies are no longer experiencing a shortage of labor.
Brazil and Argentina to Create Common Currency
Brazil and Argentina will soon begin preparations for the creation of a common currency.
Citadel Reports Record Profit of $16 Billion
In 2022, Ken Griffin’s Citadel brought investors a profit of $16 billion.
Nova Credit Allowed to Provide Credit References in the UK
Nova Credit is a cross-border consumer credit bureau that uses first-party data to enable immigrant consumers to apply for financial services using their international credit history
Danske Bank Releases Climate Action Plan
Danish Danske Bank has developed an action plan to combat climate change.
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