Westpac Tests New Security Feature
Westpac is testing additional security layer for online payments to alert customers of potential scams, as customer losses to fraud reached a new record high in December
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Bybit Rolls Out Crypto-To-Fiat Debit Card
Crypto exchange Bybit has launched the first phase of the rollout of Mastercard crypto-to-fiat debit card, which supports a number of blue-chip cryptocurrencies
Western Union Turns to MFS to Expand Global Money Transfers
Western Union announced the beginning of cooperation with MFS Africa.
RBI Fines Amazon Pay
The Central Bank of India has taken action in the form of a fine against the Indian division of Amazon Pay.
Coinbase Buys One River Digital Asset Management
Coinbase announced the acquisition of One River Digital Asset Management (ORDAM), a subsidiary of One River Asset Management.
Fidelity International Preps First Mutual Fund in China
Fidelity International, FIL Fund Management (China) Company Limited has announced its intention to launch its first mutual fund in China in the near future.
FinTech Cash Burn Totaled $12 Billion in 2022
Recently registered technology companies have spent more than $12 billion in cash over the past year.
UK Government Announces Delay to Pension Dashboard Initiative
The British Welfare and Pension Administration reported disappointment due to the delay in the launch of the Pensions Management Panel project.
New Tendencies in Payment Options in Sports Betting
The development of the sports betting sector in the 21st century has gone hand in hand with the growth of online technology, which has allowed the development of ever more sophisticated online betting platforms and other new features to grab the attention of the modern sports bettor.
Bank of Canada Prepares Report on Prospects of Digital Currency
The Bank of Canada has prepared a report on the specifics of using the national bank’s digital currency (CBDC).
The Consensus on Consensus Mechanisms
A look into the foundation of cryptocurrency: consensus mechanisms. Why do different consensus mechanisms exist, is Proof of Work actually “environmentally unfriendly”, and why Proof of Stake deserves the alternative transcription to its abbreviation.
M-Pesa Partners With Amazon to Provide Global Remittances
Africa’s most popular mobile money remittance service M-Pesa has partnered with global retail tech leader Amazon to offer worldwide remittance services
Report Identifies DeFi as New High Growth Area for Crypto Industry, While CeFi Funding Plunges
Digital asset investment firms increased their funding of decentralized finance (DeFi) projects in 2022 by 190%, while investments into centralized finance (CeFi) projects fell 73%
Canadian Fintech Nuvei Launches in Australia
Canadian fintech company Nuvei, announced that businesses operating in Australia can now access its full suite of payments solutions, continuing its global expansion strategy
FlashCloud Employs Machine Learning to Enable Businesses Tailor Their Sales Pitch
A new machine learning (ML) enabled feature from FlashCloud Intelligence helps business-to-business (B2B) sellers find prospects on social media and identify “buying signals”
WhatsApp Gets Central Bank Approval to Launch Business Payments in Brazil
While people in Brazil have been able to use WhatsApp for P2P transactions for a while, the national Central Bank had not given the green light for small business payments until now
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