FinTech

Venmo Strengthens Global Transfers by Allowing Payments to PayPal Accounts

Venmo users can now send money internationally to PayPal accounts.Highlights: Venmo now allows users to send money to PayPal accounts globally.Users can initiate transactions in multiple currencies.This update boosts...

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights: Bank of Ireland launches AI training initiatives for staff.Employees...

MAS Develops AI Risk Management Toolkit to Strengthen Financial Sector

New toolkit aims to enhance risk management within Singapore's finance industry.Highlights: MAS launches an AI Risk Management Toolkit...
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Volt and ekko partner to help shoppers remove plastic from the ocean

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Non-sweeping VRPs set for Phase 1 UK roll out in Q3 2024

Phase 1 Roll Out of VRP:Financial regulators in the UK plan to implement non-sweeping variable recurring payments (VRP) by Q3 2024. Joint...

Iosco issues DeFi policy recommendations

Iosco Recommendations for DeFi:Understanding Structures: Iosco emphasizes understanding DeFi arrangements and structures in the decentralized finance sector. Common Regulatory Standards: The recommendations aim to...

Bunq launches GenAI chatbot

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HSBC expands technology scale-up lending by £100 million

HSBC UK expands 'Growth Lending' fund from £250M to £350M due to increased demand from high-growth tech scale-ups. Fund launched in response to...

OakNorth appoints Lord Adair Turner as chairman

OakNorth Appoints Lord Adair Turner as Chairman Chinese AI Startup Eyes US Market for Growth Tarabut Collaborates with Decentralized Savings Platform Hakbah Creditspring...

Tarabut partners with decentralised savings platform Hakbah

Creditspring Research on BNPL for Christmas:Young people (18-34) use Buy Now, Pay Later (BNPL) for Christmas expenses. Coping mechanisms amid financial difficulties. ...

Creditspring research reveals BNPL used to afford Christmas

Financial Struggles and BNPL Usage:23% of young people plan to use Buy Now, Pay Later (BNPL) for Christmas dinner, citing rising costs. ...

Uber for Business integrates with expense management providers Brex and Ramp

The global economy is showing signs of recovery, with various sectors experiencing growth. The technology industry is thriving, driven by innovation, increased digitalization,...
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