JPMorgan Funds Metaverse Payments Platform Tilia
A payment platform for metaverse economies Tilia has secured a total of $22 million in funding from JPMorgan and Seoul-based fintech Dunamu to scale and provide KYC-compliant micropayments
News - page 340
Platform Tallarium Secures $1.6 Million Investment
Tallarium, a provider of unique trading analytics for determining prices in over-the-counter energy markets, announced the attraction of additional investments from XTX Ventures, the venture capital division of the leading algorithmic trading company XTX Markets, and the venture capital firm Reciprocal.
SEB Buys Stake in Nordic InsurTech Hedvig
The Swedish bank SEB has announced the start of strategic cooperation with the Norwegian insurance company Hedvig.
Hackers Steal Around $200 Million From Crypto Lender Euler Finance
On Monday, March 13, the blockchain monitoring company PeckShield published a message on Twitter addressed to the crypto-lending platform Euler Finance, calling for attention to a series of suspicious financial transactions.
Dubai’s Astra Tech Forms Partnership With Mastercard
Fintech company Astra Tech, which is based in Dubai, announced that as a result of a partnership with Mastercard, it managed to expand its payment ecosystem.
FDIC Plans to Try Again to Sell Silicon Valley Bank
Another attempt to sell the Silicon Valley bank may be made in the near future.
Apexx Global Scores $25 Million Series B
The investment management platform Apexx Global announced the receipt of additional financing in the amount of $25 million.
Bloomberg Agrees Broadway Acquisition
Bloomberg has agreed to acquire Broadway Technology, a vendor front-office technology provider.
Circle Finds New Banking Partner After SVB Failure
The stablecoin issuer Circle, affected by the recent closures of crypto-friendly SVB and Signature Bank, has found a new banking partner recognised for its services to Visa and Coinbase
Meta Winds Down NFT Service
Meta is terminating its short-lived NFT support service across its social media platforms, Facebook and Instagram
Experian to Pilot Credit-Building Service
Experian will pilot a new service for “credit invisibles”– people with little to no credit history – to get better access to mainstream financial services and start their credit-building journey
Australian Taxation Office Implements Crypto Monitoring
The Australian Taxation Office is taking measures to monitor crypto transactions and ensure tax law compliance when it comes to digital assets with the help of a new data-matching tool
US Department of Agriculture to put State Benefits on Mobile Phones in Five States
The U.S. Department of Agriculture (USDA) will provide citizens eligible for financial support under the Supplemental Nutrition Assistance Program (SNAP) in Illinois, Louisiana, Massachusetts, Missouri, and Oklahoma with the opportunity to receive benefits and make payments via NFC or QR code for relevant purchases on a mobile device.
Bank of Egypt Ups Withdrawal Limits for Instant Payments
The Central Bank of Egypt has decided to increase the amount of money that can be withdrawn through payment service providers.
F5 and Visa Partner to Reduce Login Friction
F5 announced the beginning of cooperation with Visa in order to provide sellers with a simpler login algorithm for customers.
Numeral Launches in UK to Help Fintechs Access EU Markets
The French platform for aggregating banking transactions and automating payments, Numeral, has announced the start of work in the UK financial market.
