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UK’s Starmer Axes Payment Systems Regulator
Turns out the appetite for financial deregulation stretches across the Atlantic. U.K. Prime Minister Keir Starmer on Tuesday (March 11) announced plans to abolish the Payment Systems Regulator (PSR). ...
Airlines Report Bookings Drop Amid Macroeconomic Uncertainty
A day after Delta Air Lines cut its guidance, citing lower U.S. consumer confidence, three more airlines made similar comments about the current macroeconomic environment. In presentations made Tuesda...
OKX could lose MiCA license as EU probes use of its Web3 tools to launder Bybit hack funds: report
The regulators are examining OKX's decentralized finance services and digital asset self-custody, in addition to whether such services follow the European Union's MiCA regulations and could be subject...
Court ruling in Uniswap case sets precedent for DeFi developers’ legal protection
A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that neutral, decentralized software creators should not be held liable for third-party misuse of that technol...
Is Tesla cooked?
Tesla stock plunged 15 percent on Monday, its steepest drop in five years. The price is down over 50 percent since its December highs. Tesla owners, disgusted with Elon Musk’s slash-and-burn ...
Synctera Raises $15 Million Amid Embedded Finance’s Evolution
Banking-as-a-Service (BaaS) and embedded finance firm Synctera raised $15 million in new funding. The financing brings Synctera’s total funding to $94 million and will help support the acceleration ...
Bad B2B Payments Are a Sales Problem With an Obvious Fix
Word of mouth is a powerful force in B2B transactions. A company known for slow, cumbersome or error-prone payment processes can find its reputation tarnished, leading to customer churn and lost oppor...
Mesh Raises $82 Million to Expand Global Crypto Payments Network
Crypto payments network Mesh raised $82 million in a Series B funding round to accelerate product development and the expansion of its application programming interfaces (APIs). The company’s techno...
OKX Catches Crypto Regulators’ Eye Following Bybit Hack
European cryptocurrency regulators are reportedly examining the OKX exchange following a record heist. Last month, the trading platform Bybit was the victim of a $1.5 billion theft, believed to be the...
Tariff Uncertainty Sparks Unease Among US Businesses
The White House’s tariff efforts continue to sow worry on both Wall Street and Main Street. As Reuters reported Tuesday (March 11), President Donald Trump’s shifting trade policies have sparked ...
Newswire > Tag: finance
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