In response to suggestions made in a significant national bereavement report, Starling Bank has moved quickly to make life easier for those who have experienced a loss. The end-of-life admin service Settld and the digital bank have announced a new strategic partnership that will simplify account administration for those managing a deceased customer’s affairs. With
The Canadian fintech company Nuvei Corporation today announces the release of Nuvei for Platforms, a global payments solution. Businesses can integrate payments into their own platforms using the fully customizable product as either a Nuvei branded or white-label offering. It has been created to meet the payment needs of big fintech companies, banks, marketplaces, and
Michael Barr, the Federal Reserve’s top regulatory official, said Monday the U.S. central bank is watching for any stresses to the financial system amid a weakening economy, and signaled that stiffer oversight of cryptocurrency is in the offing. The Fed “will be heightening its focus on liquidity, credit, and interest-rate risks as supervised institutions manage
As the industry awaits an update on the UK’s New Payments Architecture (NPA), Finastra is committed to the timely development and roll-out of the functionality required to support readiness for its customers. Finastra’s cloud-based payments technology and collaboration with new and established bank and technology partners, such as Microsoft, will support banks’ full compliance with
The Alt401(k), a retirement platform offered by ForUsAll, a leading retirement provider for small businesses, gives employees the freedom to invest a portion of their 401(k) in potentially higher-growth opportunities like cryptocurrency in addition to conventional 401(k) mutual funds. As of today, 50 companies are live with the platform. The 401k’s first crypto delivery is
Next year, real-time payments to cryptocurrency exchanges will be prohibited by UK bank Santander. The action is meant to shield users from scams, according to an email to customers that was originally covered by Reuters. Santander has not said what time in 2023 the modification will go into effect. The bank will implement a more
Goldman Sachs, MSCI, and Coin Metrics today announced the introduction of datonomy, a new categorization scheme for the market in digital assets. The new data service datonomy categorises money and tokens according to their intended purpose. Datonomy can be licenced for a number of use cases, including the review and assessment of portfolio performance and
One of the biggest non-bank retail mortgage lenders in the country, loanDepot, Inc., unveiled a cutting-edge digital home equity line of credit today (HELOC). This ground-breaking new solution provides homeowners with a strong option for addressing inflation and rising consumer debt with a level of digital ease, convenience, and speed to funding not currently available
Talos, the industry leader in institutional digital asset trading technology, has partnered with Amber Group, a preeminent international producer of digital assets. Together with Amber Group, the partnership will allow Talos to incorporate the liquidity venue of WhaleFin, the company’s leading platform for digital assets. Talos’ market-leading institutional trading platform will have easier access to
The launch of Bitget Insights, a brand-new feature, has been announced by Bitget, the top cryptocurrency exchange in the world. Through the Bitget exchange, the functionality links social networks and social commerce. The launch represents the next development in Bitget’s cryptocurrency social trading project, which aims to help both novice and experienced traders. Traders will
Silicon Valley Bank UK, the bank of the most innovative companies and investors in the UK and Europe, today announced the closing of financing for UK-listed global technology company Wise. Silicon Valley Bank UK acted as lead arranger of the syndication, with six other banks participating in the new £300m capital facility to support Wise’s future
The main reason that credit cards try to lure you in with welcome bonuses, rewards, and travel perks is to improve your chances of earning interest on your credit card. Credit card interest, also known as APR, or annual percentage, can easily add up to more than late fees and annual fees combined. As a
