financial-institutions Archives

Authorized Deposit Insurance Company Allows US Banks to Conduct Cryptocurrency Transactions Without Permission.

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4 weeks ago
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The Federal Deposit Insurance Corporation (FDIC) has announced that financial institutions accepting deposits can now engage in cryptocurrency transactions without prior approval from the FDIC. This marks a significant shift...

Rumored: Grab in Talks to Secure $2 Billion Funding for Merger Deal with GoTo

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1 month ago
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According to a relevant news source cited by Bloomberg, Grab is currently negotiating with financial institutions to secure a high-value short-term funding of up to $2 billion for the acquisition...

Speculation Surrounding Figma’s IPO Plans Sparks Interest in Stock Market Entry

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2 months ago
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Reports indicate that Figma, a popular UX/UI design app, has been in talks with several financial institutions recently to take the company public via an IPO at the earliest within...

Databricks Announces Closure of Series J Funding Round, Securing Total of $1.5 Billion

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3 months ago
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Databricks, a company developing a platform for data management and artificial intelligence, has announced the closure of Series J funding round following a previously disclosed plan. The company secured a...

Ministry of DE Increases Penalties for Information Sellers, Extends Jail Time from 1 to 5 Years to Combat Cybercrime

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5 months ago
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The Ministry of Digital Economy and Society (DE) is planning to increase penalties for the trading of personal data from a 1-year prison sentence to 5 years, and enhance the...

National Bank Sets Bankruptcy Standards: Mandates Only Mobile Banking for 8 Hours in Accordance with the Calendar Year.

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1 year ago
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The Bank of Thailand has announced new criteria for the supervision of technology risk in financial institutions and specialized financial institutions. The key focus is to set standards for Mobile...