News
India-Middle East-Europe Corridor To Soar Trade Endeavours
The announcement made during the G20 summit about a multimodal transport and energy corridor connecting India and Europe through the Middle East represents a significant development in India's pursuit of greater connectivity with the regions to its northwest following...
Cards & Payments
CME & DTCC’s Enhanced Treasury Cross-Margining Approved
CME Group, the world’s leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced their enhanced cross-margining arrangement has received Securities and Exchange Commission (SEC) and...
Financing
Goldman Sachs Joins Eurex Listed FX Futures Business
Eurex, the leading European derivatives exchange and part of Deutsche Börse Group, welcomes Goldman Sachs as a new member of its listed FX Futures business. As leading participant in the global FX markets, Goldman Sachs is supporting an essential...
Financing
RBC gets regulatory clearance for $10bn acquisition of HSBC Canada
The Canadian Competition Bureau has ruled that Royal Bank of Canada (RBC)’s C$13.5bn ($10bn) acquisition of HSBC’s banking business in Canada (HSBC Canada) is not expected to lead to a significant reduction or prevention of competition under the Competition...
Cards & Payments
PayPal enables US users to sell cryptocurrency via MetaMask wallet
Global payment giant PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin (BTC).
On Sept. 11, PayPal introduced new on- and off-ramps for Web3 payments, allowing users in the United States to convert their...
Banking
RAKBANK & UnionPay team to drive contactless mobile payments in UAE
RAKBANK, also known as The National Bank of Ras Al Khaimah, a financial institution in UAE and UnionPay International have announced their cooperation to drive contactless mobile payments in UAE.
RAKBANK has enabled all their terminals to accept UnionPay contactless...
Insurance
InsurTech inari raises $5.2m Seed Round to explore new markets
Inari, a core technology infrastructure provider for the global insurance and reinsurance industry, has raised $5.2 million in funding as part of its Seed round led by Caixa Capital Risc, through Criteria Venture Tech.
The funds reinforce Inari’s longer-term growth...
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