Tag: finance | BizAndTech Newswire

finance

Whale “convexcuck.eth” Makes Bold $CVX Move, Nets Significant Profit Amid Price Surge
The crypto whale known as “convexcuck.eth” has made waves in the DeFi world, spending $2 million to acquire 709,961 $CVX tokens just 11 hours before the token’s price skyrocketed by 61%. This st...

Real-World Asset Tokenization: Bridging Traditional Finance And DeFi
The rise of real-world asset (RWA) tokenization is reshaping the decentralized finance (DeFi) landscape, creating a vital link between traditional finance (TradFi) and blockchain technology. This inno...

Adyen to Support Global Expansion of Spendesk’s Spend Management Platform
Spendesk aims to strengthen its offer in core markets and support the global growth of its spend management platform for medium-sized businesses with the help of its new partnership with FinTech platf...

Intuit Sees AI Driving Big Changes for Small Businesses
All artificial intelligence (AI) systems are software, but not all software is AI. At least, not yet. Embracing the AI-ification of everything was the theme of accounting and tax software provider Int...

Charles Schwab to enter spot crypto market once regulations improve
Charles Schwab Corp. is gearing up for a foray into the spot crypto market, signaling a strategic pivot for the financial giant in anticipation of regulatory clarity. Incoming CEO Rick Wurster disclos...

UK to Consider Comprehensive Regulatory Framework for Crypto Sector
The United Kingdom reportedly will consider a comprehensive regulatory framework for the cryptocurrency sector in early 2025. The Labour Party, which came to power in July, will draft rules that will ...

Brazilian Banks Improve Profitability, Led by Digital Players
Digital banks reportedly led Brazilian banks’ profitability improvements during the first half of the year. The country’s digital banks saw their annual return on equity (ROE) rise from 11.45% at...

Amazon vs Walmart: Who Will Win the Holiday Shopping War?
As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidab...

Mastercard and Fundbot Team to Speed B2B Payment Flows
Mastercard has joined forces with Fundbot, a United Arab Emirates (UAE)-based supply chain financing FinTech. The collaboration, announced in a news release Thursday (Nov. 21), is designed to streamli...

USDC and CCTP To Launch on Aptos, With Stripe Adding Aptos Support in Crypto Products
November 21, 2024 – Palo Alto, California Integration to enhance DeFi use cases on Aptos, expand interoperability and streamline global payment solutions for merchants. Aptos Foundation today an...

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February