Major Banks Incorporate New UK Company to Promote Shared Hubs

Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up...

READ MORE >
Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
December 19, 2022  |  Cryptocurrency

A bank-to-bank digital currency may threaten the appeal of traditional, privately-issued stablecoins. News came last month that the New York Fed has seen the benefits of such...

READ MORE >
Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs
Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs
December 19, 2022  |  CBDC

The crypto currency market is increasingly inspiring sovereign central banks to mint national digital fiat. “Digital assets are not on trial. Fraud and organizations are...

READ MORE >
Sustainable Supply Chain Finance Gains Traction in MENA
Sustainable Supply Chain Finance Gains Traction in MENA
December 19, 2022  |  Supply Chain

Supply chain financing is going green as businesses worldwide work toward their sustainability goals. The increasingly popular practice, known as “sustainable supply chain finance,” entails...

READ MORE >
Tech Companies and Regulation Advocates Clash in Congress 
Tech Companies and Regulation Advocates Clash in Congress 
December 19, 2022  |  Legal & Regulation

As Congress prepares to adjourn, tech companies and regulation advocates are making themselves heard.  The advocates are pushing for some major bills in Congress. At...

READ MORE >
Equifax Looks to Expand Brazilian Reach With Boa Vista Acquisition
Equifax Looks to Expand Brazilian Reach With Boa Vista Acquisition
December 19, 2022  |  Partnerships

Equifax has made an offer to acquire Brazilian credit services company Boa Vista Serviços. Under the terms of the deal, Equifax would give shareholders 8...

READ MORE >
Binance Crypto Token BNB Drops Due to Investor Concerns
Binance Crypto Token BNB Drops Due to Investor Concerns
December 19, 2022  |  Cryptocurrency

Investor concerns have reportedly contributed to Binance’s crypto token dropping 6% in the last day. BNB, which is Binance’s native token, has also fallen 15%...

READ MORE >
Bank of America’s CashPro Adds Tool for Validating Payments
Bank of America’s CashPro Adds Tool for Validating Payments
December 19, 2022  |  Real-Time Payments

Bank of America has launched a self-service tool for straight-through processing (STP) that accelerates payment file processing, thereby reducing delays and improving the client experience....

READ MORE >
Nike Tries to Outrun Snags With D2C and Concept Retail
Nike Tries to Outrun Snags With D2C and Concept Retail
December 19, 2022  |  Retail

Nike shoes are running hard as the famed footwear brand hustles to reverse a 2022 slide. As the Oregon-based athletic footwear, apparel and equipment maker...

READ MORE >