News - page 11

Peach Payments Brings Apple Pay Convenience to Mauritius Merchants
Fintech & Ecommerce

Peach Payments Brings Apple Pay Convenience to Mauritius Merchants

Mauritius becomes the second African country where local merchants can accept iPhone contactless transactions with the help of Apple Pay functionality in Peach Payments ecosystem.

Bitcoin Slips Well Under $80K Threshold: Three Signs That $85K Bullish Scenario Is Still in the Cards
Blockchain & Crypto

Bitcoin Slips Well Under $80K Threshold: Three Signs That $85K Bullish Scenario Is Still in the Cards

Today, Bitcoin is trading at around $76,500, significantly below the psychological critical level of $80K. Were the bulls wrong in predicting $85,000 BTC milestone for the nearest future?

Kraken Accelerates IPO Preparations, Doubles Down on RWAs, With Fresh Funding in Sight to Boost $20B Valuation
Blockchain & Crypto

Kraken Accelerates IPO Preparations, Doubles Down on RWAs, With Fresh Funding in Sight to Boost $20B Valuation

Payward, the parent company of Kraken crypto exchange, is moving further with long-nurtured IPO plans. Several signs hint that the public offering won’t be postponed this time.

Lloyds Launches Free MTD Tool For 1 Million UK Businesses With BankiFi
Fintech & Ecommerce

Lloyds Launches Free MTD Tool For 1 Million UK Businesses With BankiFi

Lloyds Banking Group and BankiFi have launched a free Making Tax Digital (MTD) for Income Tax tool for UK small businesses. The tool is integrated into the Lloyds Business Account and is available to Lloyds Business customers without a subscription fee.

JPMorgan’s Tokenized Fund Pulls In $200 Million in Its First Week
Blockchain & Crypto

JPMorgan’s Tokenized Fund Pulls In $200 Million in Its First Week

JLTXX, JPMorgan’s on-chain money market fund backed by U.S. Treasuries, has doubled its seed capital and held its $1.00 peg since launching on Ethereum six days ago.

Xago and NGPES Integrate Cross-Border Payment Systems Across 20+ African Currencies
Fintech & Ecommerce

Xago and NGPES Integrate Cross-Border Payment Systems Across 20+ African Currencies

Xago, a South Africa-based digital payments company, and NGPES, a France-based fintech firm, have announced an integration aimed at supporting instant cross-border payments.

Tokenized Real-World Asset Market Hits $37.5 Billion With 100% Year-on-Year Growth
Blockchain & Crypto

Tokenized Real-World Asset Market Hits $37.5 Billion With 100% Year-on-Year Growth

The tokenized real-world asset (RWA) market has crossed a major milestone, surpassing $37.5 billion in total market capitalization in May 2026, doubling in size within a single year. Driven by surging institutional adoption, regulatory clarity, and on-chain yield demand, RWA tokenization is rapidly reshaping global capital markets.

Aave Restores ETH Borrowing Limits After $230M Exploit as V4 Upgrade Reshapes DeFi Lending
Blockchain & Crypto

Aave Restores ETH Borrowing Limits After $230M Exploit as V4 Upgrade Reshapes DeFi Lending

Aave has begun restoring Ethereum (ETH) borrowing limits following a roughly $230 million exploit-related shock that exposed weaknesses in DeFi collateral systems and triggered temporary risk controls across the protocol. The adjustment marks a step toward normalization after one of the more significant stress events in decentralized lending this year.

Iran to Link Strait of Hormuz Shipping Insurance to Bitcoin via ‘Hormuz Safe’ Project
Finance & Economics

Iran to Link Strait of Hormuz Shipping Insurance to Bitcoin via ‘Hormuz Safe’ Project

Iran is reportedly advancing a blockchain-based maritime insurance and transit model for vessels passing through the Strait of Hormuz, with local media describing a system called “Hormuz Safe” that could allow ships to pay for coverage using Bitcoin. The initiative, still unconfirmed by independent international authorities, is being presented in Iranian reporting as a response […]

Bitcoin Depot Bankruptcy Signals Deepening Crisis for Crypto ATM Industry
Blockchain & Crypto

Bitcoin Depot Bankruptcy Signals Deepening Crisis for Crypto ATM Industry

Bitcoin Depot, once the largest Bitcoin ATM operator in North America, has filed for Chapter 11 bankruptcy protection as mounting regulatory pressure, falling revenue and rising scam-related scrutiny pushed the company toward an orderly shutdown.

Pentagon Opens the Vault: Decades of UFO Files Now Public
Society & Lifestyle

Pentagon Opens the Vault: Decades of UFO Files Now Public

The United States government has pulled back the curtain on one of its longest-held collections of mysteries. The Pentagon released its first tranche of declassified UFO files on May 8, making videos, photographs, and internal reports spanning nearly eight decades available to anyone with an internet connection — no security clearance required.

iGB L!VE Builds on Global Credentials With Launch of New Visa Assistance Initiative
News

iGB L!VE Builds on Global Credentials With Launch of New Visa Assistance Initiative

World Gaming (previously Clarion Gaming) has confirmed the introduction of a curated Visa Support initiative ahead of  July’s edition of iGB L!VE.  While the overwhelming majority of visitors are able to complete their travel requirements by following the straightforward guidance provided on the iGB L!VE website, the new service which is being provided in conjunction […]

Bizum Reaches 30 Million Users as It Expands Into In-Store Payments
Fintech & Ecommerce

Bizum Reaches 30 Million Users as It Expands Into In-Store Payments

Bizum is preparing to introduce in-store payments in Spain using a new NFC-based feature called Bizum Pay. The launch is scheduled for 18 May.

BLIK Explores Joining European Payments Interoperability Coalition
Fintech & Ecommerce

BLIK Explores Joining European Payments Interoperability Coalition

Poland’s instant payment system BLIK is in discussions to join a European payments interoperability initiative that connects local payment solutions across multiple countries.

Azentio Banking Changemakers Forum to Convene Ethiopia’s Financial Leaders for a Strategic Dialogue on Islamic Banking Integration
Finance & Economics

Azentio Banking Changemakers Forum to Convene Ethiopia’s Financial Leaders for a Strategic Dialogue on Islamic Banking Integration

Ethiopia Islamic Banking Forum 2026 Addis Ababa, Ethiopia | 20 May 2026 | 5:00 PM – 8:00 PM EAT Ethiopian Skylight Hotel The Azentio Banking Changemakers Forum, organized in partnership with the International Center for Strategic Alliances (ICSA), will be hosting an exclusive closed-door executive session in Addis Ababa on 20 May 2026. The event […]

Block Profits Rise 27% After Company Lays 4,000 Middle Managers in Favour of AI Tools: Coincidence or Pattern?
Fintech & Ecommerce

Block Profits Rise 27% After Company Lays 4,000 Middle Managers in Favour of AI Tools: Coincidence or Pattern?

As Block’s strategy has shifted to deep AI embedment into the core processes, CEO Jack Dorsey predicts all the company’s middle management layer can be ultimately substituted with smart tech, boosting fintech’s service efficiency. The direction Block has chosen is starting to pay off: after 4,000 layoffs, the company sees robust financial growth across all […]