News - page 331

Lloyds Bank to Move Trade Finance Documentation to Blockchain
Finance & Economics

Lloyds Bank to Move Trade Finance Documentation to Blockchain

Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients

Google Pay to Reimburse the Price Drop Difference for Travelers
Fintech & Ecommerce

Google Pay to Reimburse the Price Drop Difference for Travelers

The new Google Pay function, currently launched in pilot mode, allows travelers to get their money back in case the flight ticket price drops after their booking

Moni Introduces Community-Powered Loans for African SMEs
Fintech & Ecommerce

Moni Introduces Community-Powered Loans for African SMEs

Moni is pioneering a community finance model in African communities to improve access to loans and other financial services for local small business owners

CFPB Issues Warning to Abusive Consumer Finance Firms
Finance & Economics

CFPB Issues Warning to Abusive Consumer Finance Firms

The U.S. Consumer Financial Protection Bureau (CFPB) on Monday, April 3, issued a statement explaining the ban on misconduct in the consumer financial market.

Walmart Debuts Website and App Redesign for Optimized Omnichannel Experiences
Fintech & Ecommerce

Walmart Debuts Website and App Redesign for Optimized Omnichannel Experiences

Walmart has presented a new version of its mobile app and an updated website.

Blockchain Mortgage Platform Acre Raises £6.5 Million
Blockchain & Crypto

Blockchain Mortgage Platform Acre Raises £6.5 Million

The British startup Acre Software announced the attraction of investment funds for 6.5 million pounds.

PhonePe Backs Out of ZestMoney Acquisition
Fintech & Ecommerce

PhonePe Backs Out of ZestMoney Acquisition

The Indian mobile payments giant PhonePe, supported by Walmart, has decided to abandon its intention to acquire the BNPL player ZestMoney.

JPX Takes Stake in Nomura-Led Blockchain Business Boostry
Finance & Economics

JPX Takes Stake in Nomura-Led Blockchain Business Boostry

Japan Exchange Group (JPX) acquires a stake in the Booster blockchain project.

Quantexa Hits $1.8 Billion Valuation
Fintech & Ecommerce

Quantexa Hits $1.8 Billion Valuation

The financial crimes fighting platform Quantexa reported that it managed to attract investment funds for 129 million dollars.

SEC Will Teach Investors to “Exercise Caution” on Crypto
Blockchain & Crypto

SEC Will Teach Investors to “Exercise Caution” on Crypto

In a series of educational events, the US Securities and Exchange Commission (SEC) will promote financial literacy, while urging people to be “cautious” with crypto projects investments

Acorns Acquires Kids Money Management App GoHenry
Fintech & Ecommerce

Acorns Acquires Kids Money Management App GoHenry

Being in business for over ten years, GoHenry provides a pre-paid debit card and financial education app for kids aged 6-18. The acquisition gives the combined Acorns company nearly six million subscribers

SEB and Crédit Agricole Launch Sustainable Blockchain-Based Bond Platform
Blockchain & Crypto

SEB and Crédit Agricole Launch Sustainable Blockchain-Based Bond Platform

Enabled by the blockchain technology, the new platform for sustainable digital bonds will reward participants for improving their environmental footprint

Proactis Partners With Finexio to Expand AP Offering
Fintech & Ecommerce

Proactis Partners With Finexio to Expand AP Offering

The new partnership will help expand Proactis offerings with an AP (Accounts Payable) payments service

Binance Lawsuits Keep Piling: Influencers Sued for Promoting Unregistered Securities
Blockchain & Crypto

Binance Lawsuits Keep Piling: Influencers Sued for Promoting Unregistered Securities

As if  lawsuit initiated by the United States Commodity Futures Trading Commission (CFTC) wasn’t enough, crypto exchange Binance has a new $1 billion lawsuit filed against against it, CZ and three crypto influencers involved in promoting certain crypto assets

Bank of China Calls For Tougher Financial Safeguards
Finance & Economics

Bank of China Calls For Tougher Financial Safeguards

Official representatives of the People’s Bank of China have called for a change in the rules of financial regulation in the direction of tightening.

India’s National Contactless Transit Card Rolls Out in Bengaluru
Fintech & Ecommerce

India’s National Contactless Transit Card Rolls Out in Bengaluru

Metro passengers of the Indian city of Bangalore got the opportunity to pay for travel contactless using the RuPay-enabled National Shared Mobility Card (NCMC).