Klarna to Introduce Charges for Late Payments
Swedish fintech company Klarna has announced the start of charging late payments from customers in the UK.
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Paysend and Transformify Launch On-Demand Payroll Services
British fintech Paysend and payroll platform Transformify have teamed up to provide seamless payroll on-demand payments for contractors and vendors
Japanese Banks to Enter Metaverse Economic Zone
Leading Japanese banks and tech companies have joined a metaverse infrastructure project to provide payments, authentication, and insurance services for users across platforms
PayU Launches 3DS2 SDK for Indian E-Commerce
Indian payment aggregator PayU to offer 3DS2 software development kit (SDK) for all domestic and international transactions to resolve the issues of transaction security and speed
A Year of War in Crypto: Report Reveals Amount of Crypto Donations Sent to Ukraine and Russia
Ukraine has received over $70 million in crypto donations since the start of the full-scale Russian invasion, however, pro-Russian military groups also used cryptocurrency to fund their war efforts
Hydranet Staking is Happening Without Short-Term Rewards
Hydranet DAO has reduced staking APY to 0%, and users support it.
Indian Fintech CRED Adds New Offerings
CRED introduces the Buy Now, Pay Later service and the one-touch payment feature.
Sequoia Backs Off App Citizen
Sequoia Capital has stopped funding the app to track the security situation.
Circle and Citizens Trust Bank Partner on Digital Financial Inclusion
Citizens Trust Bank has announced plans to hold $65 million in cash reserves in US dollars (USDC).
OpenWallet Foundation Announces 37 Backers for Digital Wallet Project
The Linux Foundation Europe’s initiative to create an open-source engine was implemented with the support of 37 private, non-profit, academic, and government organizations.
Investment Banks Approach Monzo Over IPO
Investment banks have approached the British bank Monzo about a potential initial public offering of shares.
DBS Bank India to Enhance Financial Solutions for MSMEs
DBS Bank India partnered with the eSamudaay network to offer better cash management solutions to MSMEs which conduct business through Open Network for Digital Commerce (ONDC)
Western Union and Beforepay Launch ‘Send Now Pay Later’ in Australia
Global remittance provider Western Union has partnered with the Australian ethical lending fintech Beforepay to offer consumers an innovative credit solution ‘Send Now Pay Later’
TransferMate Launches Embedded Solution for Cross-Border Payments
TransferMate has launched a built-in solution for making cross-border payments.
Revolut Launches In-App Cashback Feature
Revolut, a global financial superapplication launches a new way of shopping, in which customers receive cashback from their favorite retailers.
