News - page 270

News

Ex-Plaid Launches E-Commerce Payment Processing Platform

The startup Wafi, which was founded by the former head of the Plaid product department Viktor Umunze, has launched its payment processing platform.

Blockchain & Crypto

Binance Moved $346M for Bitzlato Accused of Money Laundering

Binance was among the top three counterparties for the Bitzlato digital currency exchange, whose founder was arrested by US authorities, accused of money laundering

Blockchain & Crypto

Blockstream Raises $125M to Expand Bitcoin Mining

The $125M funding will enable Blockstream to expand the Bitcoin mining capacity for institutional hosting customers

Finance & Economics

BlockFi Has $1.2B FTX Exposure: Uncensored Financials Leaked

BlockFi has reportedly uploaded uncensored financials by mistake, revealing a major connection to the bankrupt FTX and its subsidiary Alameda Research

Finance & Economics

EU Tightens Rules for Banks Holding Cryptocurrency

European lawmakers voted on Tuesday that banks must fully cover crypto holdings with capital.

Finance & Economics

Bangladesh Central Bank Pilots QR Code Payments System

The Central Bank of Bangladesh has launched a trial of an interoperable QR code-based payments system, working regardless of customers’ account-keeping banks or organisations

Finance & Economics

Revolut to Launch Ultra Premium Plan

Neobank Revolut will launch a new top-tier premium “Ultra” subscription plan by spring 2023

Finance & Economics

Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares

The private bank has partnered with digital assets platform Taurus to issue and manage its tokenized shares.

Fintech & Ecommerce

Paysend Partners JMMB Money Transfer for Jamaica Remittances

The citizens of Jamaica can now receive remittances from the UK, USA, and Canada via the Paysend App, as the company partners with JMMB Group subsidiary

Fintech & Ecommerce

TAB Introduces Open Banking to Property Market

UK-based bridging lender TAB is launching an open banking interface to simplify the payments process for borrowers, increase transaction transparency and reduce the verification risk 

Blockchain & Crypto

XRP Ledger Amendment Goes Live Today, Without Ripple’s Approval

The XRP Ledger is implementing a new amendment, and it is happening without Ripple’s approval, again.

Finance & Economics

ECB to Stay Course to Return Inflation to 2%

Christine Lagarde said that the European Central Bank will take all necessary measures to return inflation to the target of 2%.

News

Stripe Scores Amazon Deal

Stripe has become Amazon’s strategic payment partner in the USA, Europe, and Canada.

Finance & Economics

BNY Mellon and Fiserv Partner on Real-Time FX Rate Quotes

The partnership between Fiserv and BNY Mellon brings US financial institutions one step closer to fast and easy cross-border transactions

Finance & Economics

ECB Contemplates Development of Digital Euro App

The European Central Bank is exploring the prospects of creating a digital euro mobile application.

News

German Antitrust Regulator Investigates PayPal

Germany’s antimonopoly regulator has launched an investigation into PayPal.