News

Digital Banking

Varo Bank introduces "Varo to Anyone"

First U.S. Techbank Offers Free, Instant People-to-People Payments to Anyone with a U.S. Debit Card

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AI

CFPB issues guidance on credit denials by lenders using AI

Consumers must receive accurate and specific reasons for credit denials.

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Investment

U.S. Department of the Treasury published the principles for Net-Zero Financing

Treasury releases principles for Net-Zero Financing & Investment, applauds $340 million philanthropic commitment and other pledges.

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Open Banking

Mastercard and Saxo Bank launch open banking payments

Mastercard and Saxo Bank will offer customers an easier, faster and trusted way to top-up their investment account by using open banking payments.

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Blockchain

Citi develops new digital asset capabilities for institutional clients

Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance.

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FinTech

Plug and Play launches internal inclusive fintech accelerator supported by Visa

Plug and Play's program with Visa aims to foster diversity and inclusivity in the fintech sector by supporting and empowering diverse founders. The application process for the accelerator is currently open and will close on September 29, 2023.

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Payment

Xbox to launch the Xbox Mastercard, its first-ever credit card in the US, issued by Barclays

Card owners can pick from one of five Xbox-inspired card designs, in addition to the option to have their Xbox gamertag printed on the back of the card, bringing together virtual experiences and everyday purchases.

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Digital Banking

JPMorgan increases stake in Brazilian digital bank C6 to 46%

JPMorgan Chase & Co has increased its stake in Brazilian digital bank C6 to 46% from 40%.

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Digital Banking

Adyen granted UK banking authorization

Dutch payment company founded in 2006, Adyen, has been granted authorization as a UK bank from PRA and FCA according to official statements.

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Cryptocurrency

MetaMask is the first web3 wallet to allow U.S. users to buy ETH easily with PayPal

MetaMask cryptocurrency wallet users now cash out their digital assets for fiat currency and send to PayPal accounts.

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Blockchain

XBTO acquired digital asset custody & trading platform Stablehouse

Acquisition accelerates XBTO’s capability to offer institutional investors a comprehensive suite of digital assets services.

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Blockchain

Casio to launch Virtual G-SHOCK community to distribute free NFTs

Creating new touchpoints for Casio users with Limited Distribution of free NFTs for event participation.

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