Year: 2022

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...

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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...

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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...

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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...

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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...

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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...

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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%...

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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....

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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...

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