Credit Agricole Stops Loans for New Oil Fields, Plans More Emission Cuts

The largest retail lender in France, Credit Agricole, announced on Tuesday that it has ceased funding new oil extraction projects and had developed strategies to reduce emissions associated with loans…

Australia’s RBA Finds Unexpected Industry Interest in an EAUD

According to a central banker, several initiatives are scheduled to be tested early next year. Industry interest in an Australian pilot program for a digital eAUD currency has exceeded expectations.…

Experts Raise Concerns as Nigeria Limits Cash Withdrawals

Concerns were expressed by experts on a new policy that the Central Bank of Nigeria unveiled that severely restricts cash withdrawals in an effort to promote a cashless economy. On…

Sri Lanka private credit negative, govt credit up in Oct

According to official figures, Sri Lanka’s private credit decreased by 46 billion rupees in October 2022 as deleveraging continued, while credit to the government increased by 135 billion rupees. The…

ECB Says Bitcoin Is Artificially Propped Up, Shouldn’t Be Legitimised

Bitcoin is promoted and should not be approved by regulators or financial institutions because it is too similar to gambling, the European Central Bank said on Wednesday. Bitcoin and other…

Finastra and Clinic announce collaboration to boost digital engagement and reduce service agent workload

The leading conversational AI expert servicing international financial institutions, Clinic, will deploy its Virtual Banking Assistant technology completely integrated into Finastra’s Fusion Digital Banking platform, according to a recent announcement…

Creonik Launches To Help Creators Build and Monetize Communities Via Crypto Subscriptions

Creonik launches its platform to allow developers to build their communities and monetize them with crypto. Available in beta, Creonik is powered by the expertise of Calypso Group, a crypto-native…

Bank-Fintech Ventures Benefit Consumers, Enhance Competition: U.S. Treasury

WASHINGTON – Partnerships between banks and fintech companies benefit consumers if done wisely, the Treasury said in a report on Wednesday. The approval of the bank-fintech relationship, with adequate safeguards,…

Take note of the FinTech transactions this week that raised $823 million.

The FinTech transactions from this week, which raised a total of $853 million, included participants from various nations. The top 10 agreements this week included seven different nations as participants.…

$11 million is raised in a Series A round by ZSuite Tech.

FinTech Company ZSuite Tech has raised $11 million for its Series A round of funding. ZSuite Tech provides financial institutions with unrestricted digital accounts. Escrow, subaccounts, sub-ledgering, FBO, and trust…

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