Binance Partners Ingenico to Enable In-Store Crypto Payments
French POS terminal manufacturer Ingenico has teamed up with the crypto exchange Binance to test in-store cryptocurrency payment acceptance that doesn’t require additional hardware
Nina Bobro
Coinbase Launches L2 Network for dApps
The Coinbase crypto exchange’s Ethereum Layer-2 network, known as Base, will offer a low-cost, secure, developer-friendly blockchain environment for building decentralized apps (dApps)
Mastercard Partners Immersve to Support Web3 Payments
Mastercard partnered Web3 payment protocol Immersve to enable users to conduct Web3 crypto payments via USDC token settlements
Saldo Bank launches in Lithuania
Finland-based fintech Saldo Bank, focused on automated credit solutions, has introduced term deposits services along with loans for consumers and SMEs across Lithuania
The Government of Ukraine Launches NFT Cats Collection to Power Naval Drone Fleet
United 24, the official fundraising platform of Ukraine, launched by the President of Ukraine, Volodymyr Zelenskyi, announced the launch of the first national NFT collection featuring сats of the Armed Forces of Ukraine. Proceeds from the NFT sale will help raise funds for a fleet of naval drones
Phos Brings Tap-to-Phone Tech to US With Thrive Payments
Bulgaria-based softPOS system Phos enabled payment gateway Thrive Payments to bring its Tap-to-Phone payment solution to merchants in the US
US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise
The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst
Solana Spaces Experiment Fails
Solana Spaces stores in Manhattan and Miami did not spark customers’ interest in the Solana and Web3 ecosystem, being closed after 7 months of unfruitful operations
Social Investing Platform eToro Secures NYDFS Licenses
The American subsidiary of eToro, an Israeli social investing platform, received its money transmitter and virtual currency licenses from the New York State Department of Financial Services (NYDFS)
TikTok Offers Creators Better Monetization Opportunities with Revamped Creator Fund
The beta version of a revamped TikTok creators fund called the “Creativity Program” provides higher revenue opportunities for qualified video views
Hong Kong Welcomes Crypto Trading With New Policies
Hong Kong proposes milder crypto regulations that would let retail investors trade certain “large-cap tokens” on licensed exchanges, emerging as one of the new hubs for the virtual asset industry
Crypto Outflows Surge Amid SEC Crackdown
Institutional investors are massively withdrawing crypto funds as the SEC targets more and more aspects of the crypto industry in the US, making it harder for crypto trading platforms to provide custody, minting and staking services
Barclays Reveals Contactless Payments Trends
New data from Barclays, which enables nearly half of the UK’s debit and credit card transactions, reveals that a record 91.2% of all eligible card transactions were contactless in 2022
Riyad Bank Integrates E-Invoicing ZATCA Enabled by SunTec Xelerate
Riyad Bank, one of the largest financial institutions in Saudi Arabia, integrated the Zakat, Tax and Customs Authority (ZATCA) solution for e-invoicing, deployed on SunTec Xelerate platform
BaaS Provider AIZEN Launches “AI Core-Tech” in a Dynamic Environment With ChatGPT
One of the leading banking-as-a-service (BaaS) providers in the Southeast Asian market – AIZEN – introduced the banking service using “AI Core-Tech” in a dynamic environment with ChatGPT
The Bank of Zambia Works on Crypto Regulation
The Bank of Zambia along with the national Security Exchange Commission is testing technology to enable the regulation of cryptocurrency in the country
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