The Transfer of Funds regulation presupposes applying the same tracing requirements to crypto asset transfers as EU regulators demand from traditional money transfer providers The EU Parliament has voted to approve a new set of rules that allows the tracing of crypto-asset transfers, including bitcoin and electronic money tokens. The Transfer of Funds Regulation (TFR) means that […]
Pyypl micro-investment platform aims to build a social ecosystem for entrepreneurs across Africa and improve access to digital financial services for informal employment sectors UAE-based fintech Pyypl has introduced a new micro-financing platform catering to the needs of African self-employed people, micro, small and middle-sized businesses. Having raised $20m to expand financial inclusion in the […]
The number of registered mobile money accounts globally rose by 13% in 2022, while total mobile money transaction values grew to $1.26 trillion
DigiPOS solution from Ardshinbank supports payments via contactless credit and debit cards as well as mobile wallets such as Apple Pay and Google Pay
The beleaguered lender First Republic Bank is exploring ways to reduce the imbalance between its assets and liabilities
Klarna revamps its app with Tik-Tok-like AI-driven feed, a free shopping assistant and new solutions for stores and content creators
As European countries are searching for the best ways to transit to a new EU crypto regime called MiCA, French Financial Markets Authority offers a fast-track registration for the incumbents
Romania’s Informatics Institute is to launch an institutional NFT trading platform, which is supposed to link the public and private sectors
The fresh funding will allow the French startup Woodoo to expand its biotech solution that repurposes dead wood into new advanced sustainable materials across many sectors
Taiwan has become the second country after the USA where merchants are able to accept in-store contactless payments on their iPhones using Apple’s Tap to Pay solution
Gold-backed digital currency to be introduced by the Reserve Bank of Zimbabwe is supposed to stabilize the highly volatile Zimbabwean dollar
Having received its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria (CBN), fintech Unlimint is going to launch in the Nigerian market
Transitioning to renewable energy sources wouldn’t be easy if not for fintech. Financial technologies facilitate using the power of sun and wind instead of fossil fuels in many ways.
Africa is the only region globally to have experienced an explosion in blockchain venture funding in 2022
The Single-Use Plastics Challenge will give food companies the opportunity to test their sustainable packaging solutions in Google’s U.S.-based cafes and MicroKitchens
The recent ruling of a Hong Kong court suggested that cryptocurrencies have property attributes, giving local insolvency practitioners greater clarity in terms of digital assets
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