Business
FinTech
Fed Accelerates FedNow Development for Cross-Border Payments
New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to facilitate faster international transactions.Consultation period opens until November 2023.The Federal...
FinTech
Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google
The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...
FinTech
Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings
The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...
FinTech
HSBC Strengthens Position with Hong Kong Stablecoin Issuer License
The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...
FinTech
US Treasury Secretary Warns Banks About Anthropic’s New AI Model
Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...
Raisin: Announces €60 million funding
Raisin: Announces €60 million fundingRaisin has raised €60 million in a series E funding round from existing and new investors
The global savings...
HeavyFinance: Closes 3 Million Euro Seed Funding Round
HeavyFinance: Closes 3 Million Euro Seed Funding RoundHeavyFinance has raised €3 million during its seed funding round, led by VC firm Practica Capital
...
SHAZAM: Chooses Iliad Solutions for Payments Testing
SHAZAM: Chooses Iliad Solutions for Payments TestingSHAZAM, a member-owned debit network, processor, and core provider for community banks and credit unions in the...
Unzer: Launches New “Upaylater” Product
Unzer: Launches New “Upaylater” ProductUnzer has launched its new BNPL a product called "upaylater," which integrates invoice and instalment payment methods
It follows...
Focalpay: Raises 15m SEK in Funding for its Payment-Integrated Commerce Platform
Focalpay: Raises 15m SEK in Funding for its Payment-Integrated Commerce PlatformFocalpay, a Stockholm-based commerce platform, has secured 15M SEK in investment from Icelandic...
Coinmama: Teams up with Volt to Offer Real-Time Payments for Cryptocurrency in Europe
Coinmama: Teams up with Volt to Offer Real-Time Payments for Cryptocurrency in EuropeCoinmama has partnered with Volt to offer real-time payments for cryptocurrency...
Circle: Doubles Down on European Expansion, Applies for Regulatory Approvals in France
Circle: Doubles Down on European Expansion, Applies for Regulatory Approvals in FranceCircle has filed applications to become a licensed Electronic Money Institution and...
Mangopay: Acquires payment orchestrator WhenThen to advance marketplaces and platforms
Mangopay: Acquires payment orchestrator WhenThen to advance marketplaces and platformsMangopay acquires payment orchestration and automation platform WhenThen to strengthen its payment flow capabilities
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Mizuho Bank: Invests in Indonesia’s Digital Finance Company Kredivo
Mizuho Bank: Invests in Indonesia's Digital Finance Company KredivoMizuho Bank has invested USD 125 million in Kredivo Holdings, a provider of digital financial...

