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News

Canadian Securities Administrators Strengthen Crypto Oversight

The Canadian Securities Authority (CSA) has published a notice that provides additional obligations to ensure investor protection for crypto asset trading platforms (CTP) operating in this country.

News

Samsung and Naver to Partner on Mobile Payments in South Korea

Samsung and Naver announced that they have reached an agreement on strategic cooperation in order to combine efforts to maintain the leading positions of these companies in the South Korean mobile payments market.

Blockchain & Crypto

The Government of Ukraine Launches NFT Cats Collection to Power Naval Drone Fleet

United 24, the official fundraising platform of Ukraine, launched by the President of Ukraine, Volodymyr Zelenskyi, announced the launch of the first national NFT collection featuring сats of the Armed Forces of Ukraine. Proceeds from the NFT sale will help raise funds for a fleet of naval drones

Fintech & Ecommerce

Phos Brings Tap-to-Phone Tech to US With Thrive Payments

Bulgaria-based softPOS system Phos enabled payment gateway Thrive Payments to bring its Tap-to-Phone payment solution to merchants in the US

News

Lack of Clarity Attacks Innovation: The Case of SEC v. Ripple

With the potential to change how digital assets are regulated in the U.S., as well as how DeFi and blockchain technology develop and are adopted in the future — What is going on with one of the most high-profile cases in the crypto industry?

Fintech & Ecommerce

Exploring the Benefits of Open Banking Initiative for Internet Security: How It Can Help Protect Users in the UK

Changes in the financial sector are the way to improve all areas of life. The fact is that such tools can be seen everywhere today, even in gambling. In essence, open banking simplifies customers’ lives and makes such interactions more secure. How is this possible, and does it help players in the virtual world? Let’s […]

Finance & Economics

Swarm Launches Tradable Stocks on Blockchain

Swarm, a regulated blockchain platform, has announced the launch of the world’s first public investment offer for AAPL. TSLA and two network ETFs of US Treasury bonds.

Finance & Economics

GB Bank Uses Almis Treasury Solutions

GB Bank, which received a full banking license in August 2022, decided to use additional ALMIS International products.

News

Napier to Provide AML Transaction Monitoring for Lyra

Napier, which specializes in the development of technologies to combat crimes in the financial sector, announced the establishment of a partnership with Lyra Group, a European provider of unified payment solutions.

Reports

US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise

The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst

News

Natwest Waives Customer Charges for Pocket Money Cards

Natwest Bank customers will continue to enjoy free access to prepaid children’s debit cards from this financial institution.

News

Mastercard and Visa to Face Another Card Interchange Class Action Suit

Mastercard and Visa are preparing for the fact that in the near future, they will once again have to become defendants in the proceedings in the framework of a multibillion-dollar lawsuit on the fact of fees for multilateral exchange (MIFs).

Fintech & Ecommerce

Mastercard and Obopay to Launch Prepaid Card in Rural India

Mastercard partnered with mobile money platform Obopay to launch a financial inclusion prepaid card for smallholder farmers and rural communities in India

Blockchain & Crypto

Solana Spaces Experiment Fails

Solana Spaces stores in Manhattan and Miami did not spark customers’ interest in the Solana and Web3 ecosystem, being closed after 7 months of unfruitful operations

Finance & Economics

Social Investing Platform eToro Secures NYDFS Licenses

The American subsidiary of eToro, an Israeli social investing platform, received its money transmitter and virtual currency licenses from the New York State Department of Financial Services (NYDFS)

Articles

Is There Gender Equality in Fintech?

Despite decades of the gender equality movement progress, many business industries still have a wide pay gap and gender-biased career opportunities. Being an innovative facilitator of financial inclusion, has fintech managed to create gender equality in its own industry?