Yonder Secures £62.5 Million in Series A Funding
Startup Yonder, which specializes in issuing Rewards credit cards, has secured equity of 12.5 million pounds and a credit line of 50 million pounds to expand operations.
News - page 266
UK Regulators Deliver Roadmap for Future of Open Banking
In the UK, local financial regulators have unveiled plans for the future development of open banking.
Bank of England Says Stablecoin Use Need Limits
The Deputy Governor of the Bank of England, John Cunliffe, admitted that, with a high degree of probability, regulators will be forced to introduce restrictive measures regarding the possibility of using stablecoins to perform payment financial operations.
Lloyds Bank Launches PayMe for Instant B2B Payouts
Lloyds Bank has announced the launch of a new service through which businesses can make one-time payments in cases where there is no information about the details of the recipient.
CaixaBank Raises Eco Awareness in Metaverse
Customers visiting CaixaBank centres in Ibiza, Burgos, Valencia, Barcelona and Madrid between 20 and 27 April can take the virtual tour in metaverse designed to raise environmental awareness
Apple Introduces Apple Card Savings Account
With the new offering, American users can set up and manage a savings account directly from Apple Card in their dedicated Wallet
ETAP Launches Socially Responsible Car Insurance in Africa
An insurtech ETAP has introduced a digital car insurance service that redistributes funds to policyholders and supports social good in local communities of Africa
First Islamic Bank Goes Live on UAE KYC Blockchain Platform
Abu Dhabi Islamic Bank (ADIB) has gone live on the UAE national blockchain ecosystem for the exchange of verified KYC data
Worldline and SignCatch Launch Merchant Digitization Program in India
The media reported that Worldline and SignCatch have established a partnership relationship.
Zoom to Acquire Workvivo
Zoom acquires Workvivo in order to further expand its platform for interaction in a digital-focused workplace.
Instagram Debuts Gift Offerings for Creators
Meta has announced the expansion of its Instagram gift program.
UK FinTechs Seek Government Support After SVB Collapse
In the UK, local startups that operate in the field of fintech express concern that the country is losing its position in the global financial system.
U.S. Lawmakers Set to Examine Future of US Stablecoins
In the United States, hearings are due to take place this week, according to the results of which local legislators will decide on the future of stablecoins.
Yellen Warns Banks Could Pull Back on Lending
The US Treasury Secretary reported on the high probability of a change in the approach of local financial institutions to lending in the direction of tightening.
Lithuanian Supermarket Chain Opens Another Contactless Store
The AI-powered sensor and camera-based technology at the IKI Express 24/7 contactless store on Vilnius’ White Bridge enables customers to shop with a few taps
HSBC Hires Ex-SVB Bankers to Focus on US Innovation Economy
HSBC currently hires about 40 former employees of the Silicon Valley bank.
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