BNPL Market Size to Expand by 78% in 2022
The popularity of BNPL significantly grew during the pandemic, its market size will only increase in the coming years
News - page 217
Open Banking Expo UK will take place in London on 20 October
Open Banking Expo, the largest global community of Open Banking, Open Finance and Open Payments executives, will bring together this October more than 650 of the UK’s leading innovators, disruptors, and visionaries at Open Banking Expo UK
Merge didn’t boost Ethereum, but hopes are high for a $20 billion Shanghai release
Ethereum sank 19% after the Merge but investors are all excited about the next updates: Shanghai, Surge, Verge, Purge, and Splurge
Solana daily transactions exceed Ethereum by 39 million
The Merge hype didn’t help ETH trading activity: daily transactions in the Solana blockchain surpassed 40 million compared to Ethereum’s 1 million token transfers
Amadeus Introduces BNPL Option to Meet Traveler Demand
Major IT provider for the global travel and tourism industry Amadeus partners with Uplift and Fly Now Pay Later, BNPL providers, to meet the public demand
Robotic Automation in China’s Factories Increases to Cover Workforce Shortage
Industrial robotic automation in China soars as the country tries to maintain manufacturing dominance despite a shrinking working-age population
South Korean ministry considers special Metaverse laws
The Ministry of Science and ICT (MSIT) of South Korea believes imposing traditional video gaming laws on the Metaverse deters the growth of new ecosystems
U.S. Dollar Rise Threatens Global Economies
Rally of the U.S. dollar may provoke a growth slowdown for other major economies of the world
Binance partners Ukrainian supermarket chain to enable crypto payments
Customers can now use Binance Pay Wallet to pay for their purchases at Ukrainian supermarket VARUS
ECB will develop digital euro prototype with CaixaBank and Amazon
The European Central Bank has chosen five partners – including CaixaBank and Amazon – to help develop a digital euro prototype
Consortium wants to pilot European Digital Identity Wallet payments
A consortium of government agencies and fintech providers from six European countries propose to launch a large-scale pilot to explore European Digital Identity Wallet payments
Norwegian central bank develops its CBDC on Ethereum
Having outlined its plans to test CBDC, Norges Bank cooperated with vendor Nahmii to help with its sandbox project based on the Ethereum network
Goldman Sachs partners Modern Treasury to push embedded payments
Goldman Sachs cooperates with the fintech Modern Treasury to bring embedded payments to corporate customers
CFPB set to regulate BNPL
The Consumer Financial Protection Bureau (CFPB) is to tighten up regulation of BNPL firms with the same baseline consumer protections that work for credit cards
Historic Ethereum Merge took place: what’s next?
The Ethereum Merge has officially marked the network transition to a proof-of-stake (PoS) mechanism, now SEC should determine whether an asset is a security
Fintech M&A on the rise due to low valuations
Global Fintech M&A rose sharply in the first half of 2022, as deals now take place at discounted prices
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