Business

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...

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...

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...

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...

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...
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Brite Payments: Appoints Jan Plasberg, as the company’s latest board member

Brite Payments: Appoints Jan Plasberg, as the company’s latest board memberBrite Payments has appointed Jan Plasberg, formerly CTO of SOFORT and VP Engineering...

Fuse Capital: Launches fund focused on companies operating in the so-called ‘web3’

Fuse Capital: Launches fund focused on companies operating in the so-called 'web3'Fuse Capital has started raising Fuse Capital Fund II, whose central thesis...

Immo: Hires Solarisbank CTO Hima Mandali

Immo: Hires Solarisbank CTO Hima MandaliIMMO, the tech-driven residential investment platform revolutionising renting, selling and investing in SFR housing Hima Mandali, who joins...

OpenFin: Hires Vicky Sanders as chief digital officer

OpenFin: Hires Vicky Sanders as chief digital officerOpenFin is the OS for Enterprise Productivity bring organizations together in a single, secure, and unified...

Paysafe: Registered as Virtual Asset Services Provider in Italy

Paysafe: Registered as Virtual Asset Services Provider in ItalyPaysafe is a leading specialised payments platform. Its core purpose is to enable businesses and...

OKEO: Goes live with multi-currency payments on Mambu

OKEO: Goes live with multi-currency payments on MambuOKEO, a digital payment service provider for European entrepreneurs and businesses Announced their successful go-live on...

PayPal Ventures: Invests in Forage

PayPal Ventures: Invests in ForagePayPal Ventures is the global corporate venture arm of invest for financial return Forage is a payments processor that makes...

Truework: Announced it raised $50 million in Series C funding

Truework: Announced it raised $50 million in Series C fundingTruework, a fintech company that provides income and employment verification for the nation's largest...

Jellysmack: Hires fintech vet to lead new creator finance unit

Jellysmack: Hires fintech vet to lead new creator finance unitJellysmack is the global creator company that uses technology to turn the talented video...
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