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.
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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.
SEC Fines Nexe Crypto Asset Platform for $45 Million
In the US, the Securities and Exchange Commission (SEC) fined the Nexo crypto asset platform.
China Development Bank Increases Loan Support for Science & Tech
China Development Bank granted CNY 261.9 billion (about $38.68 billion ) of loans to support the country’s science and technology innovation in 2022
Signature Bank Will Not Handle Crypto Transactions Under $100,000
Once a crypto-friendly bank, Signature is trying to reduce its exposure to the beleaguered digital asset market, increasing the transaction limits for crypto traders it supports
PayPal Users Victim of Data Breach
The accounts of 34,942 PayPal users were hacked between December 2-6, 2022.
Universal Digital Payments Network Launches at Davos
A Universal Digital Payment Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDC) was launched at the World Economic Forum (WEF) in Davos.
Apple to Struggle to Return to Growth
To meet the expectations of Wall Street, Apple is facing a serious problem in the form of declining demand for products.
Google to Cut 12,000 Jobs
Google’s parent company Alphabet Inc. announced its intention to cut about 12 thousand jobs.
ONE Group Partners Fintech Know Your Customer
The collaboration of UK-based provider of financial services ONE and Know Your Customer aims to streamline onboarding operations for business customers, using the Modular Compliance solutions
Hargreaves Lansdown Launches Voting Service
Hargreaves Lansdown launched a digital service through which customers can vote at shareholder meetings.
Copilot Lands $10M to Help Companies Build Digital Customer Experiences
Copilot, a platform designed to help marketing agencies, accounting firms, and law companies run businesses, has raised $10 million in a Series A funding round.
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