Deutsche Bank reported first-quarter earnings on Thursday.
In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all deposits and assets. Republic First Bank Shuttered as FDIC […]
LeBron James and Stephen Curry begin what could be the shortest postseason runs of their careers Tuesday evening, and if either the Lakers or Warriors lose on the road tonight, the loser (or losers) gets to be told how old they are. That’s how it works when you’ve got as many miles as James and
Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch, boost success rates by 4% to 5%; handles up to 10,000 transactions per second at any given time; and enables five times faster access to UPI innovations for business, Razorpay said in a Wednesday (April 24) press release. “This […]
Investing in cryptocurrencies is picking up steam, according to a new survey, even in the face of potential volatility and massive fraud that has been uncovered.
The Office for National Statistics is expected to reveal that Consumer Prices Index inflation was around 3.1% in March.
Digital payments are becoming increasingly popular on King’s Day, especially when buying a beer or paying to use a toilet. Last year, 30 percent more Tikkie transactions were made on the national holiday, compared to 2022.The number of Tikkie payments on King’s Day last year was six times higher than on a normal day. On average, residents of the Netherlands paid approximately 13 euros for their King’s Day purchases via Tikkie. About 13 percent of the amounts were above 25 euros.
According to RazorPay, UPI Switch is able to solve a lot of the currently faced by currently existing UPI infrastructure, as well as added capacity such as being able to handle 10,000 transactions per second, and resolving disputes within 24 hours as opposed to the industry standard of 7 days.
By introducing a plethora of useful features for crypto users, including the launch of the $BcCoin token (which will be featured on prominent crypto exchanges soon), BlackCard aims to be at the forefront of revolutionizing global cryptocurrency payment operations. By utilizing AI technology, the BlackCard Crypto Credit Card empowers users to easily integrate their digital […]
Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe governor of the Bank of England, Andrew Bailey, has shrugged off a smaller-than-expected drop in inflation last month, saying he expected a sharp fall towards the government’s 2% target next month.Speaking in Washington after news that the government’s preferred measure of the cost of living had eased to 3.2% in...
Following the latest Halving, Bitcoin’s inflation rate has officially become lower than Gold’s, making BTC the scarcest asset in history. Bitcoin Halving Results In Inflation Rate Dropping To Just 0.83% In its latest weekly report, the on-chain analytics firm Glassnode discussed the impact of the latest Halving on cryptocurrency. Halving is a periodic event on […]
The board of Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday. I, personally or anyone from OCL, have no connection with the payments bank, Vijay Shekhar Sharma said at a webinar. There is an independent board taking care of everything and we have full faith in their capability. The Reserve Bank of India (RBI) in late January had...