FV Bank, the US bank for digital asset banking and custody services, has introduced its first application programming interface (API) to advance bank automation and integration for its clients’ operations. FV Bank’s API will enable firms to scale their operations through automating data flows and payments systems. The API will streamline payments including ACH, Domestic
Discover the 1st biometric card, pay for your purchases with a simple gesture! Pay contactless even over €50*, with your fingerprint thanks to the integrated fingerprint reader. It’s quick and easy.
Credit Suisse was plunged into a dirty money scandal on Monday after media outlets reported the Swiss bank had managed accounts for human rights abusers, fraudsters and businessmen who had been placed under sanctions. One person leaked information on the accounts, which were held in decades ranging from the 1940s to 2010s, to Germany’s Sueddeutsche
Credit Suisse bank, still reeling from losing billions of dollars last year, faced a fresh challenge Sunday: allegations from an international investigation that it had handled dirty money for decades. A cross-border media investigation broke Sunday claiming that Switzerland’s second-largest bank had held tens of billions of dollars of ill-gotten funds, claims based on an
According to Statista, as of November 2021, there were 6,268 FinTech startups in the Asia Pacific region. It clearly shows that finance is one of the most data-affluent and inventive industries today that has created the most trendy solutions in the finance field. Moreover, it has integrations with trendy technologies to provide better financial services
Transact365, a UK-based fintech, has launched its global payments platform in Latin America (LATAM), making it one of the largest alternative payments platforms in the region. The move enables cross border and local e-commerce transactions through bank transfers and local payment methods such as PIX and Boleto, ensuring consumers in the region can make online transactions and
Watch this step-by-step guide to see how to open an account, such as an individual or joint brokerage account or a traditional or Roth IRA.
There’s a lot of pride associated with owning property, whether it’s a primary home or a vacation bungalow. It’s especially rewarding when real estate is properly compensated for. But while a high selling price may be exciting in the moment, it typically comes with a potential drawback. As a capital asset, any gains you make
The interconnected risks faced now by households, businesses, banks and governments could trigger a global financial chain reaction not seen in generations. The 2022 World Development Report examines the financial and economic risks that have been created or exacerbated by the pandemic, and outlines policy measures governments should take now to avoid major financial upheaval.
Matching scope 3 emissions with a bank’s loan book has been elusive. But recent pressure from inside and outside the banking industry may soon change that – then will come the truly hard questions.
Securing funding has long been problematic for micro, small and medium enterprise (MSME) businesses. Bank loans often require solid credit history, a long track record, or proof of ample cash revenue to gain approval. This is simply not possible for many small businesses and is especially cumbersome for small companies located in developing countries such
Mashreq Bank of the UAE and ThetaRay announced they will collaborate in transaction monitoring. The implementation of ThetaRay’s AI-driven, next-generation solution allows safe and secure cross-border payment transfers for correspondent banking with protection from financial crime. The collaboration between the UAE bank and ThetaRay, a leader in its field, came to fruition thanks to the Abraham Accords
