Top news of the week: 16.10.2022.
Charli D’Amelio-endorsed fintech Step borrows $300M to bring crypto to teens
Digital banking service Step launches crypto investing for kids and teens, raises $300M in debt to grow product and team
OCC's 2023 Supervision Plan Includes Fintech, BaaS Focus
UK Challenger Bank North Shuts Down, Binance "Cross Bridge" Hack, Study Shows Americans' "Financial Health" Deteriorating
Sibos 2022: Breaking new ground – banking in the metaverse
Accenture Banking's Michael Abbott set out to change hearts and minds of sceptics in the Sibos 2022 audience, making the case for banking in the metaverse.
Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B
The economy is embattled, and embedded finance is feeling the pinch, too.
Mastercard invests in Egyptian fintech fund
Mastercard has invested in Nclude, a fintech focused VC investment platform launched in partnership with Egypt’s leading national banks – Banque Misr, National Bank of Egypt and Banque Du ...
Sibos 2022: Are banks progressive about product?
While the breadth of innovation outside of banks might not be a challenge to their existence, it will certainly limit new growth opportunities.
Global Retail Payments: A2A, Data And Non-Banks Key Areas For Accelerating Innovation
The Payments Innovation Jury annual survey identifies a number of trends around innovation. Three key ones are account-to-account instant payments, the use of payments data and the ...