News - page 354

Dhakai Adds Automation Capabilities to B2B Apparel Sourcing Platform
Finance & Economics

Dhakai Adds Automation Capabilities to B2B Apparel Sourcing Platform

Dhakai has expanded the capabilities of its platform designed to search for clothing suppliers in B2B format.

Qatar Airways Launches Reusable NFC Bag Tags for Contactless Luggage Check-In
Finance & Economics

Qatar Airways Launches Reusable NFC Bag Tags for Contactless Luggage Check-In

Passengers flying Qatar Airways planes have been allowed to transfer their flight data to a reusable electronic tag attached to their luggage.

MEPs Approve Draft Legislative Framework for European Digital Identity Wallet
Finance & Economics

MEPs Approve Draft Legislative Framework for European Digital Identity Wallet

The European Union Committee on Industry, Research, and Energy has approved the proposed update of the European Digital Identification System.

Kraken Agrees to Shut Crypto-Staking to Settle SEC Charges
Blockchain & Crypto

Kraken Agrees to Shut Crypto-Staking to Settle SEC Charges

U.S. SEC targets crypto exchange Kraken over crypto-staking services.

Maker DAO Votes to Integrate Chainlink to Help Maintain DAI Stability
Blockchain & Crypto

Maker DAO Votes to Integrate Chainlink to Help Maintain DAI Stability

MakerDAO integrates blockchain data provider Chainlink’s Automation for price updates, liquidity balancing, and maintaining the stability of Maker’s DAI stablecoin.

Identity Decisioning Fintech Alloy Launches in UK
Fintech & Ecommerce

Identity Decisioning Fintech Alloy Launches in UK

US fintech Alloy has announced the launch of activities in the British financial services market as part of a project to expand its presence in the EMEA region.

Mastercard and Network International Unveil Fraud Prevention Tech
Fintech & Ecommerce

Mastercard and Network International Unveil Fraud Prevention Tech

Mastercard and digital commerce company Network International have jointly developed a technology using artificial intelligence (AI) to combat fraud in financial transactions in the Middle East and Africa.

Lunar Raises €35 Million
Fintech & Ecommerce

Lunar Raises €35 Million

Danish neobank Lunar announced the raising of financing in the amount of 35 million euros.

Ex-Nyse CIO Launches Finance App
Fintech & Ecommerce

Ex-Nyse CIO Launches Finance App

Fierce, a financial app founded by former Nyse CIO Rob Cornish, was launched with $10 million in seed funding.

Standard Chartered and Allinpay Enables Instant Cross-Border Payments in Hong Kong
Fintech & Ecommerce

Standard Chartered and Allinpay Enables Instant Cross-Border Payments in Hong Kong

Standard Chartered Bank and Singapore-based Allinpay have made PayNow’s instant cross-border payments feature available to merchants and businesses in Hong Kong.

MakerDAO to Launch First Native Liquidity Market Focused on DAI Stablecoin
Blockchain & Crypto

MakerDAO to Launch First Native Liquidity Market Focused on DAI Stablecoin

Proposed ‘Spark Protocol’ will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity.

Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
Blockchain & Crypto

Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt

Flux Finance invests in U.S. government debt-backed yield farming.

Umami Finance CEO Dumps Tokens, Triggers 50% Price Drop
Blockchain & Crypto

Umami Finance CEO Dumps Tokens, Triggers 50% Price Drop

Several members of the Umami team have resigned as a result of O’Donnel dumping his UMAMI holdings.

Jupiter Offloads Starling Stake
Finance & Economics

Jupiter Offloads Starling Stake

Jupiter Asset Management sold its stake in digital lender Starling Bank.

Bank of London Scores $40 Million Series C Extension
Finance & Economics

Bank of London Scores $40 Million Series C Extension

Bank of London, a global startup in the field of clearing and transactional banking services, has raised $40 million as part of a Series C funding expansion.

Nine Banks Invest $45 Million in Carbon Credit Transaction Network
Finance & Economics

Nine Banks Invest $45 Million in Carbon Credit Transaction Network

The banking group, consisting of nine large financial institutions, has directed investments of $45 million to the development of Carbonplace, a global network of transactions on carbon credits based on DLT, founded by them.