HSBC Gets Warning for Open Banking Malfunctions
HSBC Bank again faced claims from the British Competition and Markets Authority for publishing false information through its Open data API.
News - page 290
Marqeta Builds Product for Mobile Wallets
The card issuance and processing platform with an open API Marqeta presented a product for providing services via web push, which helps merchants accept payments from mobile wallets.
FNZ Buys YieldX
FNZ, capital management platform, acquired YieldX, a provider of fixed-income portfolio management technologies, optimization services, and direct indexing tools.
NAB to Release Its Stablecoin
The National Bank of Australia plans to issue stablecoin in the summer of 2023.
PhonePe’s Valuation Doubles Over $12BN
The valuation of the Indian fintech giant PhonePe has more than doubled and exceeded $12 billion in a new round of financing.
Microsoft, Amazon Set to Erase 28,000 Jobs
Microsoft and Amazon on January 18 began a large-scale reduction of employees.
Digital Dollar Project Announces Recruitment of Employees
The Digital Dollar Project (DDP), a non-profit organization aimed at stimulating public discussion around the central bank’s digital currency (CBDC) in the United States, has announced the recruitment of new employees.
PayJunction Announces Integration With Plaid
PayJunction, a leading developer of payment processing technology, has announced integration with Plaid, a network that provides a digital financial ecosystem to simplify bank payments.
Crypto Broker Genesis Prepares to File for Bankruptcy
Genesis crypto broker plans to file for bankruptcy by the end of this week.
German Bank N26 Expands Crypto Trading Service
German online bank N26 announced an expansion of its crypto trading services to 5 new European markets.
US Charges Bitzlato Founder With Money Laundering
The crypto platform Bitzlato is suspected of laundering funds tied to illicit Russian finance, US authorities arrested its founder
BNPL Startup Tabby Raises $58M to Expand Product Line
The $58M funding round will allow Tabby to expand its BNPL offering and support the company’s growing operations
Binance Is Now Fully Compliant With Polish Crypto Regulations
Binance branch in Poland is now fully compliant with local regulatory standards for virtual asset service providers
HashKey Capital Raises $500 Million for Web3 Fund
Digital asset manager HashKey Capital will be investing $500 million into advancing blockchain initiatives in emerging markets.
FTX Reports $415M in Hacked Crypto
The bankrupt FTX crypto exchange reported in a report to creditors that about $ 415 million in cryptocurrency was stolen as a result of hacks.
Peel Hunt Analysts Optimistic About Fintech Prospects
Analysts of the Peel Hunt investment bank are convinced that the financial technology industry will actively develop.
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