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News

Bank of England Builds Its CBDC Team

The media reported that the central bank of England has begun to recruit a team of employees who will deal with the digital currency of this financial institution.

Fintech & Ecommerce

BNP Paribas Selects Worldline to Reduce Iban Fraud in Sepa Direct Debits

BNP Paribas Cash Management has selected Worldline (Euronext: WLN), a global leader in payment services, to reduce the risk of fraudulent activity in SEPA direct debit transactions.

Science & Technology

Triodos Bank’s 2035 Emission Reduction Targets Validates as Science-Based

The Initiative to Achieve Science-Based Targets (SBTi) confirmed that Triodos Bank’s intentions to reduce the level of harmful emissions to zero have sufficient arguments to recognize this plan as justified.

Blockchain & Crypto

Treasury Department Urges DeFi to Improve AML/CFT Controls

Both providers of DeFi services and the United States government are supposed to reduce AML/CFT vulnerabilities in decentralized finance (DeFi), enabling criminals to transfer and launder illicit proceeds

Fintech & Ecommerce

Google Bans Loan Apps Access to User Contacts

Android apps offering personal loan services will not be able to access users’ sensitive data, such as photos and contacts, with the new restrictions imposed by Google

News

Solana Reveals Solution to Cut On-Chain Storage Costs

The new solution presented by Solana promises to cut the cost of minting 1 million NFTs on the network to nearly $110

News

Samsung Plans to Cut Memory Chip Production

Samsung Electronics has announced its intention to reduce the production of memory chips.

News

Union Credit and TransUnion Team to Help Credit Unions Find Borrowers

Union Credit and TransUnion have established a partnership to improve the customer service process.

Fintech & Ecommerce

Robinhood Reaches $10.2 Million Settlement on March 2020 Platform Outage

The American financial company Robinhood has reached an agreement with state securities regulators regarding the settlement of a situation related to operational and technical failures.

Society & Lifestyle

EU Begins Work on Digital Visas for Schengen Visitors

Negotiations on the creation and subsequent implementation of a digital visa for the Schengen area will soon begin in the European Union.

Fintech & Ecommerce

Soft Space Raises Largest Series B by Malaysian Startup

The Malaysian company SoftPOS Soft Space has attracted investment funds in the amount of $ 31.5 million following the results of the Series B1 financing round.

News

Tillerman Launches Insights Tool Leveraging POS Data

Designed for retail brands and wholesalers, the new Tillerman Insight tool is equipped with an interactive and visual dashboard that facilitates gaining and analysing insights from the POS data

News

Republic Crypto Expands to UAE

A global blockchain firm Republic Crypto expands its tech advisory services to the UAE, aiming at wider MENA market

Blockchain & Crypto

Singapore Develops Uniform Standards for Aproving Crypto Bank Accounts

Singapore regulators have long cooperated with traditional banks to develop uniform standards for screening potential crypto customers, the results and conclusions are expected to be published in the next two months

News

Mastercard to Ditch All First-Use PVC Plastic Cards

Mastercard reinforces its sustainability commitments with a pledge to remove the first–use, PVC plastics from payment cards on its network by 2028

Fintech & Ecommerce

PayPal Partners Live Nation Entertainment to Provide Flexible Payments for Fans

PayPal announced a multi-year strategic partnership with the global entertainment company Live Nation Entertainment, becoming the preferred payments partner