The European Central Bank (ECB) has selected CaixaBank and four other organizations to collaborate in the development of a prototype of a digital euro. The institution launched a call with the aim of selecting entities to develop technology projects associated with the creation of the European digital currency. CaixaBank, is the only European bank selected
Insurance products cover all facets of life, including your financial situation. Any business that deals with cash or cash equivalents such bank draughts, treasury notes, checks, postal orders, and money orders should consider purchasing a money insurance package. It offers protection against financial loss brought on by occurrences like theft, robbery, and break-ins. Money insurance
AIG Inc’s life insurance and retirement division Corebridge Financial Inc (CRBG.N) raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far this year, braving market volatility and ending a seven-month lull in major listings. AIG said it sold 80 million Corebridge shares at $21 per share, which was at the lower end of
Payhawk, the spend management solution with a presence across the UK and Europe, has officially launched in the US. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part of Payhawk’s
Commonwealth Bank (CBA) has become the first major Australian bank to enable PayTo payments for CBA customers – a new digital way to authorize payments from a CBA bank account, and the latest initiative from New Payments Platform Australia (NPPA). Eligible CBA clients will be able to manage one-time or recurring new PayTo payment agreements
Global coffee chain Starbucks has announced a partnership with Ethereum scaling solution Polygon to build its Web3 experience titled ‘Starbucks Odyssey’. This will combine the existing Starbucks Rewards loyalty program with an NFT platform. The program will allow the company’s US clients to buy digital collector stamps in NFT form that give rewards and immersive
Whatever kind of business you run, your organization undoubtedly needs to make a lot of purchases and expenditures. Your employee will require a quick way to pay your suppliers and business partners for everything from business dinners to business travel. Virtual cards come into play in this situation. It is preferable to give your employees
Wise Platform has launched our newest integration solution, International Receive. Customers at partner organizations using International Receive will be able to quickly, easily and affordably receive cross-border payments, even if their bank is not connected to the SWIFT network. Banks can communicate with one another via financial messages thanks to SWIFT. Major financial institutions use
The day after it emerged that a funding round for Freetrade fell apart earlier this year, the UK stock trading app has gone back to the public with another crowdfunding campaign. According to a letter obtained by the Financial Times, Freetrade inked term sheets with new investors some months ago to raise capital at a £700 million
Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), and Square, the global payments technology provider, today announced a new partnership, focused on helping small businesses work smarter and save time, freeing them up to grow their businesses. Sage Accounting and Square’s point of sale (POS) software can
21.co, the world’s leader in providing access to crypto through simple and easy-to-use products, today announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and
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