Bank of Egypt Ups Withdrawal Limits for Instant Payments
Bank of Egypt Ups Withdrawal Limits for Instant Payments
March 12, 2023  |  Real-Time Payments

Egypt’s central bank has increased the amount of money that can be withdrawn via payment service providers. The Central Bank of Egypt (CBE) said last...

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Britain Races to Stem SVB Fallout as UK Arm Attracts EMEA Buyers
Britain Races to Stem SVB Fallout as UK Arm Attracts EMEA Buyers
March 12, 2023  |  Banking

The sudden collapse of California-based Silicon Valley Bank (SVB), which focuses on tech startups, is having repercussions far beyond the U.S. As of Sunday (March...

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Yellen Says No Bailout Planned for Silicon Valley Bank
Yellen Says No Bailout Planned for Silicon Valley Bank
March 12, 2023  |  Banking

Treasury Secretary Janet Yellen says the U.S. has no plans for a bailout of the collapsed Silicon Valley Bank. However, the federal government is working...

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Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
March 12, 2023  |  Meta

Meta is reportedly planning multiple rounds of job cuts that could match last year’s layoffs. The cuts could come over the next few months and...

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Paysera and Ria Team to Help Unbanked Consumers
Paysera and Ria Team to Help Unbanked Consumers
March 12, 2023  |  Financial Inclusion

Paysera has teamed with Ria Money Transfer to help unbanked customers send and receive money. The partnership, announced Friday (March 10), lets clients send money...

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Feds Auction Off Failed Silicon Valley Bank Amid Ongoing Fallout
Feds Auction Off Failed Silicon Valley Bank Amid Ongoing Fallout
March 12, 2023  |  Banking

U.S. regulators were reportedly auctioning off Silicon Valley Bank, whose failure last week continues to rock the financial world. The auction was underway Sunday (March...

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Circle Promises to Cover $3.3 Billion Held at Silicon Valley Bank
Circle Promises to Cover $3.3 Billion Held at Silicon Valley Bank
March 12, 2023  |  Cryptocurrency

Circle says it is confident it will recover $3.3 billion in reserves held at Silicon Valley Bank. The announcement Saturday (March 11) led Circle’s USDC...

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Girl Scout Cookie Sales Crumble as Baker Can’t Meet Demand 
Girl Scout Cookie Sales Crumble as Baker Can’t Meet Demand 
March 11, 2023  |  Retail

A Girl Scout cookie shortage? That’s not an issue taken lightly, especially among Girl Scout cookie loyalists, who can sometimes be almost cult-like. But it’s...

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ScaleWith Launches Product That Embeds Social Impact Funding in RFPs
ScaleWith Launches Product That Embeds Social Impact Funding in RFPs
March 10, 2023  |  B2B Payments

ScaleWith has launched a software-as-a-service (SaaS) product that helps organizations support their social impact commitments. The new BuyWith lets businesses and public sector entities embed social...

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