ANZ to Trial Offline CBDC Payments
ANZ has established cooperation with two universities to test CBDC offline payments using smart cards, which can be loaded with funds and used as cash.
Finance & Economics - page 85
EBA to Crack Down on Banks Ignoring Gender Diversity
EBA noted the painfully slow progress of banks and investment firms in improving gender diversity policies and announced it wants supervisors across the EU to crack down on those non-compliers
Westpac Announces Initiatives To Back Women Business Leaders
Westpac announced new measures to help female-led SMBs with dedicated start-up and scale-up loans, as research reveals accessing finance is one of the main challenges for women in business
5 Tips for Managing Your Personal Finance
Money management is a crucial skill everyone should have in today’s world, where we are constantly inundated with advertisements and messages. It can be hard to resist spending money. However, if you’re not careful, all of this spending can quickly get out of control and leave you in a difficult financial situation.
Varo Bank Raising $50 Million at 28% Discount
Varo, an American neobank with the charter of the national bank, reported a capital raising of $50 million at a discount of 28% compared to its last estimate.
B2B Payments Platform Barte Raises $3 Million
Brazilian business-to-business payment platform Barte has announced that it has managed to attract investment funds in the amount of $ 3 million following the results of the initial round of financing.
Smart Lending Fintech Abound Raises £500 Million
Abound, a fintech company based in the UK has reported raising funds for 500 million pounds as a result of a combination of debt and equity financing.
Senators Urge Regulators to Take Action on Zelle Fraud
In the Senate, Democrats, including Elizabeth Warren, issued an appeal to financial regulators to take actions aimed at curbing fraudulent activity, against the P2P payment service owned by Zelle Bank.
Bankjoy Raises Funding From Curql
Bankjoy, a digital banking service provider based in Detroit, has announced the start of a new round of financing.
NinjaTrader Launches Web and Mobile Apps
NinjaTrader Group, LLC, a leader in futures brokerage and advanced technologies for active traders, announced the launch of new web and mobile applications for fully integrated trading on multiple devices.
Adyen Integrates Click To Pay Checkout Which Works Even for Guests
Fintech platform Adyen integrated the Click To Pay experience into its online checkout flow in all available markets, enabling even guest shoppers to bypass manual data entry
BIS Concluded CBDC Project Icebreaker
The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
Westpac Tests New Security Feature
Westpac is testing additional security layer for online payments to alert customers of potential scams, as customer losses to fraud reached a new record high in December
Western Union Turns to MFS to Expand Global Money Transfers
Western Union announced the beginning of cooperation with MFS Africa.
RBI Fines Amazon Pay
The Central Bank of India has taken action in the form of a fine against the Indian division of Amazon Pay.
Coinbase Buys One River Digital Asset Management
Coinbase announced the acquisition of One River Digital Asset Management (ORDAM), a subsidiary of One River Asset Management.
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