Saldo Bank launches in Lithuania
Finland-based fintech Saldo Bank, focused on automated credit solutions, has introduced term deposits services along with loans for consumers and SMEs across Lithuania
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Euronext Makes €5.5 Billion Indicative Offer for Allfunds
The exchange operator Euronext has made an indicative offer to purchase the B2B wealth-tech Allfunds platform.
ECB to monitor Digital Transformation Efforts at Banks
The European Central Bank plans to conduct targeted reviews and inspections due to the identification of shortcomings in the digital transformation strategies of banks.
Phos Brings Tap-to-Phone Tech to US With Thrive Payments
Bulgaria-based softPOS system Phos enabled payment gateway Thrive Payments to bring its Tap-to-Phone payment solution to merchants in the US
Exploring the Benefits of Open Banking Initiative for Internet Security: How It Can Help Protect Users in the UK
Changes in the financial sector are the way to improve all areas of life. The fact is that such tools can be seen everywhere today, even in gambling. In essence, open banking simplifies customers’ lives and makes such interactions more secure. How is this possible, and does it help players in the virtual world? Let’s […]
Swarm Launches Tradable Stocks on Blockchain
Swarm, a regulated blockchain platform, has announced the launch of the world’s first public investment offer for AAPL. TSLA and two network ETFs of US Treasury bonds.
GB Bank Uses Almis Treasury Solutions
GB Bank, which received a full banking license in August 2022, decided to use additional ALMIS International products.
Napier to Provide AML Transaction Monitoring for Lyra
Napier, which specializes in the development of technologies to combat crimes in the financial sector, announced the establishment of a partnership with Lyra Group, a European provider of unified payment solutions.
US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise
The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst
Natwest Waives Customer Charges for Pocket Money Cards
Natwest Bank customers will continue to enjoy free access to prepaid children’s debit cards from this financial institution.
Social Investing Platform eToro Secures NYDFS Licenses
The American subsidiary of eToro, an Israeli social investing platform, received its money transmitter and virtual currency licenses from the New York State Department of Financial Services (NYDFS)
Is There Gender Equality in Fintech?
Despite decades of the gender equality movement progress, many business industries still have a wide pay gap and gender-biased career opportunities. Being an innovative facilitator of financial inclusion, has fintech managed to create gender equality in its own industry?
Crypto Startup Klink Finance Gains EU Licence
Klink Finance, a crypto startup based in London, has received initial permission to provide services in the European Union.
Ethiopia Considering Opening Mobile Money Market to Foreign Operators
A consultative meeting will be held in Ethiopia by the end of February, during which the prospects of the mobile money market in this country will be discussed.
SBI Investment Leads $28 Million Series A in German Fintech Pliant
Japan’s SBI Investment has led a $28 million Series A round in the German corporate card platform Pliant.
Bank of Japan Launches CBDC Pilot
The Bank of Japan decided to launch large-scale testing of the digital yen after two years of research into the prospects of this project.
Finance & Economics
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