UAE digital asset users will be able to take advantage of international cross-border bank, Standard Chartered‘s digital asset custody service as it lands in the country. The service has been given the green light to operate in the Dubai International Financial Centre (DIFC)...
Shares of Trump Media continued to sink on Thursday, closing at a fresh low, following Tuesday’s presidential debate between its majority shareholder, former President Donald Trump and Democratic Vice President Kamala Harris.
The stock fell 3.6% over the day and closed at $16.07 per share...
3d virtual CBDC bank.
Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. The latest move by the National Bank of Ras Al Khaimah (RAKBANK) highlights this.
RAKBANK has successfully exchanged...
Check out the companies making headlines in extended trading:
Adobe — Shares plunged more than 10% after the software company issued soft guidance. Adobe issued a fiscal fourth-quarter revenue forecast in a range between $5.50 billion and $5.55 billion....
Wise Platform, the global payments infrastructure developed by Wise, has partnered with AbbeyCross to enhance the efficiency and transparency of international foreign exchange (FX) payments.
AbbeyCross connects banks and money service businesses (MSBs) with multiple FX providers through a single platform, addressing the fragmentation and inefficiencies in cross-border payments.
With Wise Platform joining the ABX...
MoneyLion has teamed up with Nova Credit to integrate cash flow underwriting into its decisioning engine, enabling credit issuers on its platform to access more comprehensive data for evaluating consumers’ financial health.
Nova Credit’s Cash Atlas™ platform will provide cash flow analytics to help lenders on MoneyLion’s platform assess credit...
Solar and clean energy stocks rose Wednesday after Wall Street largely declared Vice President Kamala Harris the winner of the first and likely only debate before the November election.
The Invesco Solar ETF (TAN) and the iShares Global Clean Energy ETF (ICLN) gained 6% and more than 3%, respectively. The benchmarks are down 24% and...
No more soup for the Campbell’s company.
The 155-year-old Campbell Soup Company plans to drop “soup” from its corporate name, rebranding as The Campbell’s Company. More consumers are reaching for snacks and ditching ready-to-serve soups, and the company has bought up other food lines to grab them.
In addition to its...
Airline payments powerhouse UATP says it will offer buy now, pay later services from Klarna AB. Meanwhile, CellPoint Digital has signed Arajet, a Dominican Republic startup airline as a payments-processing client.
UATP, a Washington, D.C.-based global payments...
Visa (V.N), opens new tab plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant's general manager for Pakistan, North Africa and Levant told Reuters.
The...