News - page 263

Fintech & Ecommerce

Quantexa Hits $1.8 Billion Valuation

The financial crimes fighting platform Quantexa reported that it managed to attract investment funds for 129 million dollars.

Blockchain & Crypto

SEC Will Teach Investors to “Exercise Caution” on Crypto

In a series of educational events, the US Securities and Exchange Commission (SEC) will promote financial literacy, while urging people to be “cautious” with crypto projects investments

Fintech & Ecommerce

Acorns Acquires Kids Money Management App GoHenry

Being in business for over ten years, GoHenry provides a pre-paid debit card and financial education app for kids aged 6-18. The acquisition gives the combined Acorns company nearly six million subscribers

Blockchain & Crypto

SEB and Crédit Agricole Launch Sustainable Blockchain-Based Bond Platform

Enabled by the blockchain technology, the new platform for sustainable digital bonds will reward participants for improving their environmental footprint

Fintech & Ecommerce

Proactis Partners With Finexio to Expand AP Offering

The new partnership will help expand Proactis offerings with an AP (Accounts Payable) payments service

Blockchain & Crypto

Binance Lawsuits Keep Piling: Influencers Sued for Promoting Unregistered Securities

As if  lawsuit initiated by the United States Commodity Futures Trading Commission (CFTC) wasn’t enough, crypto exchange Binance has a new $1 billion lawsuit filed against against it, CZ and three crypto influencers involved in promoting certain crypto assets

Finance & Economics

Bank of China Calls For Tougher Financial Safeguards

Official representatives of the People’s Bank of China have called for a change in the rules of financial regulation in the direction of tightening.

Finance & Economics

UK Antitrust Investigation of Apple Stops After Appeal Win

In the UK, the investigation of the local regulator against Apple has been suspended.

Fintech & Ecommerce

India’s National Contactless Transit Card Rolls Out in Bengaluru

Metro passengers of the Indian city of Bangalore got the opportunity to pay for travel contactless using the RuPay-enabled National Shared Mobility Card (NCMC).

Fintech & Ecommerce

Digital Lending Platform Presta Raises $3.3 Million

A comprehensive digital lending platform Presta has been launched.

Fintech & Ecommerce

Singapore and Malaysia Launch Cross-Border QR-Code Merchant Payments

Singapore and Malaysia announced the unification of the payment systems of the two countries.

Finance & Economics

Lloyds and NatWest Сlose More Branches

Lloyds Banking Group and NatWest have decided to discontinue the operation of even more traditional bank branches.

Blockchain & Crypto

Silvergate, Silicon Valley Bank, and Signature: Big Picture in Small Details (Part 2/3)

The end of Silvergate, Silicon Valley, and Signature banks, in three not-so-concise parts, examines deficiencies of centralized cryptocurrency companies, impotent scrambling of the US banking system, administrative pushback against decentralized finance in the US, and the outcomes for the public and the crypto industry.

Blockchain & Crypto

Elon Musk Requests Dismissal of $258B Dogecoin Lawsuit

Elon Musk and his lawyers requested to dismiss the $258 billion lawsuit filed by investors alleging he operated a pyramid scheme to promote the cryptocurrency Dogecoin (DOGE)

Science & Technology

El Salvador Removes All Taxes Related to Tech Innovation

El Salvador, known for the unprecedented introduction of bitcoin as a legal tender, is now aiming to boost its economic growth by removing all possible taxes that might hinder tech innovation

Fintech & Ecommerce

Seattle Bank Partners LoanStar to Enhance Embedded Banking Offer

Seattle Bank has partnered with LoanStar Technologies, enabling merchants and service providers to offer point-of-sale consumer loans for high-value transactions