Polygon Introduces Decentralized Zero-Knowledge ID Product
One year after the launch of the Polygon L2 protocol in a closed environment, the blockchain presented its decentralized ID solution that uses zero-knowledge proofs (ZK proofs)
Nina Bobro
BNPL Provider Zip Exits Markets and Sells Assets in a Rewind of Global Expansion Plans
Australian BNPL firm Zip has reconsidered its plans for international expansion after a 95% stock slump
Fintech myPOS Launches New Products for SMEs
UK-based fintech platform myPOS has launched the next generation of myPOS Go device that allows even micro SMEs to take their business to the new level
Hundreds of Bitcoin ATMs Go Off the Grid in 60 Days
In January 2023, the global Bitcoin ATM network declined by 289 machines, with the number of crypto ATMs further cut down in February by 123 machines
Mastercard and Google Launch Google Pay in Kuwait
Mastercard joined Google to strengthen digital payment capabilities in Kuwait with Google Pay offering
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
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’
Binance Loans Launches Flexible Loan
Binance Flexible Loan will allow users to complete loan orders by collateralizing cryptocurrencies in existing Simple Earn Flexible Product subscriptions
Embedded Payments Revenue to Surpass $59B Globally by 2027
A new study from Juniper Research found that the global revenue from embedded payments will reach $59 billion in 2027, up 84% from $32 billion in 2023
South African Mobility Fintech Planet42 Raises $100M for International Expansion
Planet42, a mobility fintech providing affordable vehicle financing options in South Africa through a subscription model, has raised $100 million to expand its services internationally
Wise Joins G-P to Power Global Contractor Payments
Wise collaborated with the global employment platform G-P to deliver flexible payment options for businesses that work with international freelancers and contractors
Klarna and Schufa Pilot BNPL Over-Indebtedness Protection Solution
BNPL fintech leader Klarna is starting a six-month pilot project with German private credit bureau Schufa for Buy Now Pay Later service customers to be better protected against over-indebtedness
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