Characterized by weakened spending power and mounting economic uncertainty, 2022 has been an economic roller coaster. Due to rising costs, growing numbers of consumers spend...
Foreign exchange (FX) volatility presents challenges for cross-border payments, but digital multi-currency wallets offer a solution. According to Ola Oyetayo, CEO at B2B cross-border FX...
Egyptian financial firm Contact wants to promote sustainability with a new product dubbed “Green Finance.” According to a Monday (Dec. 26) news release, the product...
Trade finance firm Afreximbank has allocated $1.5 billion to help Caribbean countries access its services. The Cairo-based company announced the arrangement Monday (Dec. 26), saying...
Inflation changed the way Americans did their holiday shopping this year Mastercard’s latest Spending Pulse report shows. “This holiday retail season looked different than years...
The judge overseeing the case against Sam Bankman-Fried has recused herself, citing a potential conflict. According to court documents filed Friday (Dec. 23), federal judge...
Crypto lender Vauld has reportedly called off an acquisition by rival Nexo. “We were previously exploring a potential acquisition by Nexo as part of the...
This year’s crypto winter has begun to impact banks that deal with digital assets. That’s according to a recent report by S&P Global, which said...
As cyberattacks grow, they will become “uninsurable,” the CEO of Europe’s Zurich insurance said. Speaking to the Financial Times on Monday (Dec. 26), Mario Greco...