Category Archives: Finance

06Jun/23

Flutterwave and Token.io Team Up to Provide Pay By Bank Transfer to Users in UK and EU

Flutterwave, Africa’s leading payments technology company, has collaborated with Token.io, Europe’s leading account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave’s platform. The announcement was made today at the Money20/20 Europe fintech conference in Amsterdam. Continue reading

05Jun/23

Universal basic income trial in UK

June 5, 2023 /Finance/ — There is a universal basic income (UBI) trial being conducted in the UK. The trial is being led by the Welsh Government and is being funded by the UK government. The trial began in September 2021 and will run for three years.

The trial started in September 2021, and it is scheduled to run for three years. The trial is being conducted in two parts: Continue reading

04Jun/23

New Independent Research Study Reveals Majority of Global Financial Institutions Are Unable to Respond Effectively to Fraud and Financial Crime

BioCatch, the pioneer of behavioral biometric intelligence and a leader in digital fraud detection, today announced the findings of a new commissioned study conducted by Forrester Consulting on behalf of BioCatch: “Improve Fraud and Anti-Money Laundering Operations With A Proactive And Unified Approach.” The research reveals the reality about the concern and readiness of the world’s largest banks’ ability to effectively respond to the changing fraud and financial crime landscape. This research comes on the heels of increasing media and regulatory body reports that money laundering scams are increasing at alarming rates. Continue reading

30May/23

The largest universal bank in the CEE region accelerates expansion in the Metaverse

PKO Bank Polski, the largest universal bank in the Central and Eastern Europe, is accelerating its expansion in virtual worlds. Already on 30 May, in its Virtual PKO Rotunda on the Decentraland platform, it will also hold one of the world’s first virtual job fairs in the Metaverse space. Continue reading

15May/23

The worship of money is a cultural phenomenon

15 May 2023 /Lifestyle/ — Culture is a complex and multifaceted concept that can be defined in many ways. One definition of culture is “the shared beliefs, values, and behaviors of a particular group of people.” This definition highlights the importance of culture in shaping the way people think, feel, and act. Continue reading

09May/23

How high is the pyramid

The pyramid you are referring to is the Great Pyramid of Giza, which is the largest of the three pyramids in the Giza Necropolis in Egypt. It is also the oldest of the Seven Wonders of the Ancient World. The Great Pyramid was built for the Fourth Dynasty pharaoh Khufu over a period of 20 years, and it originally stood at 146.5 meters (481 feet) tall. However, over the centuries, the pyramid has lost some of its height due to erosion and the removal of its outer casing stones. Today, the Great Pyramid stands at 137 meters (449.5 feet) tall. Continue reading

01May/23

Why is J.P. Morgan helping First Republic Bank?

New York, May 1, 2023 – The U.S. banking crisis that began in March 2023 was the result of a number of factors, including:

The collapse of Silicon Valley Bank: Silicon Valley Bank was a large regional bank that specialized in lending to technology companies. The bank’s collapse in March 2023 was a major blow to the banking industry and shook confidence in the financial system.

Continue reading

27Apr/23

Fluency’s Ground-Breaking CBDC Bridge Paves the Way for Central Banks to Solve Account or Token-based Debate

Central banks are faced with the ongoing debates – Should retail and wholesale clearing and settlement of CBDC payments be separated? The differentiation doesn’t matter to the average citizen user. Their primary concern is to have a straightforward, secure, and all-encompassing solution that enables them to transfer value easily and affordably, regardless of their access to a bank or mobile/internet connectivity. Continue reading