News - page 206

Fintech & Ecommerce

Zip Card is Now Live: Details of BNPL Offline Offering

A long-awaited physical card from BNPL pioneer Zip Co is now ready to launch

Science & Technology

Global Bitcoin Payments Market to reach $3.7B by 2031: Allied Market Research 

Operational demand for efficiency and transparency in payments systems, along with a remittance surge in emerging economies will drive Bitcoin payment expansion

Finance & Economics

Wells Fargo Launches AI Assistant ‘Fargo’ Based on Google Cloud

Wells Fargo will launch the new virtual assistant Fargo, driven by Google Cloud’s AI technology 

Blockchain & Crypto

Hong Kong and Singapore’s High-Net-Worth Individuals are Keen on Crypto Investments: KPMG 

KPMG report found that a bear market doesn’t prevent family offices and high-net-worth individuals in Hong Kong and Singapore to invest in crypto

Fintech & Ecommerce

JCB Will Test Plastic Cards for CBDC at Merchant POS Terminals

Japanese payments giant Japan Credit Bureau (JCB) is participating in a central bank digital currency pilot with dentity specialist Idemia and fintech Soft Space

Fintech & Ecommerce

PayPal Adds Passkeys Security Function

PayPal is adding passkeys as a safe and simple login method for PayPal accounts. The new option will first be available to iPhone, iPad, or Mac users

Finance & Economics

‘Second Great Stablecoin War’: causes and consequences

The rapid rise of Binance stablecoin Binance USD (BUSD) could spark the “Second Great Stablecoin War” leading to considerable market changes

Finance & Economics

CBA launches digital donations app

As Australians increasingly embrace contactless and digital wallet payments for charitable donations, CBA helps charities adapt to changing consumer behaviour with the new app

5G

5G Service Revenue to Reach $315 Billion Globally in 2023: Juniper Research

Juniper Research expects 5G revenue to grow over 60% in a single year

Finance & Economics

Asian Economies can manage economic headwinds: U.S. Treasury says

Asian economies have all the tools necessary to withstand economic challenges next year, concluded the U.S. Treasury after the APEC Finance Ministers’ Meeting In Thailand 

Finance & Economics

IRS to Increase 401(k) Contribution Limit

Americans can add thousands of USD to their savings in tax-advantaged retirement plans in 2023

Blockchain & Crypto

Scammers promote fake Gate.io giveaway on hacked Twitter account 

The official Twitter account of crypto exchange Gate.io was hacked. Scammers now advertise a fake giveaway of 500,000 USDT 

Science & Technology

Apple stores sell Level Lock+ opened by Apple Watch or iPhone

The exterior door lock is the first Home Key-supported appliance sold in Apple stores

Blockchain & Crypto

Hong Kong presents unique CBDC project

The Hong Kong Monetary Authority presented Aurum retail central bank digital currency (CBDC) prototype, reflecting unique monetary policies of the special administrative region

Reports

The majority of Salvadorans believe the government should ‘stop spending public money’ on Bitcoin

77.1% of the survey respondents want the Salvadoran government to stop investing in Bitcoin

Science & Technology

Remittances drive crypto adoption in Latin America: report

Latin America makes up for a 9.1% of the global 2022 crypto transaction value, while remittances and high inflation are the highest drivers of adoption