The U.S. Department of Agriculture (USDA) will provide citizens eligible for financial support under the Supplemental Nutrition Assistance Program (SNAP) in Illinois, Louisiana, Massachusetts, Missouri, and Oklahoma with the opportunity to receive benefits and make payments via NFC or QR code for relevant purchases on a mobile device.
The closure of the Silicon Valley Bank had a major impact on startups and venture capital firms.
The Central Bank of Egypt has decided to increase the amount of money that can be withdrawn through payment service providers.
The Bank of London has taken the initiative to acquire the British operations of the Silicon Valley Bank, which closed at the end of last week.
F5 announced the beginning of cooperation with Visa in order to provide sellers with a simpler login algorithm for customers.
The French platform for aggregating banking transactions and automating payments, Numeral, has announced the start of work in the UK financial market.
Reacting to the sudden collapse of the most crypto-friendly US banks, Binance CEO and co-founder Changpeng (CZ) Zhao reconsidered the firm’s recovery funds, aiming to change them into native crypto
In the US, regulators have decided to close the New York-based Signature Bank, which is one of the largest lenders in the crypto industry.
Nissan enhanced its Web3 efforts with four new related trademarks filed in the US, while its Japan unit is currently experimenting with auto sales in the metaverse
First Republic Bank enhanced and diversified its financial position through additional liquidity from the Federal Reserve Bank and JPMorgan Chase
The Ministry of Science and ICT of South Korea established an investment fund to support the growth of metaverse initiatives in the country
The United States Federal Reserve has launched a $25 billion funding program for banks and other depository firms to maintain liquidity as a wave of industry shutdowns has covered another bank
Paymob, a company specializing in the provision of financial services, has established cooperation with the Shahid streaming platform.
Yapily and Zilch announced the beginning of cooperation to provide affordable lending solutions to UK residents.
Galileo Financial Technologies has launched an intelligent Digital Assistant (IDA) for financial institutions and fintech.
BILL software development company, together with the Bank of Montreal (BMO), has launched a platform for paying bills/invoicing.
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