Fintech Farm Launches Neobank in Vietnam
A new fintech product from Fintech Farm that came to the Vietnamese market has Ukrainian roots
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Xapo Bank and Circle Integrate USDC Payment Rails as Alternative to SWIFT
Xapo Bank partnered with Circle to offer USDC deposits and withdrawals in an attempt to bypass the cumbersome and expensive SWIFT payment system
Ingenico Acquires Phos
The deal continues Ingenico’s strategic expansion and complements its PPaaS (Payments Platform as a Service)
Brightwell and Visa Team Up for Cross-Border Payments Programs
Brightwell’s ReadyRemit platform will be enhanced with the Visa Direct functionality, providing additional benefits for customers’ cross-border payments programs
Apple Pay Later Launches
Apple has launched the Buy Now, Pay Later service in the United States.
Thunes Bags $30 Million in Ongoing Investment Round
Thunes, a Singapore-based company that specializes in providing financial services for making cross-border payments, announced the attraction of $30 million in investment funds during an ongoing funding round.
UK Government Abandons Sunak’s NFT Plan
The UK government has decided not to implement the plan of the country’s Prime Minister Rishi Sunak, which provides for the Royal Mint to commit to creating an interchangeable token.
UAE Rolls Out Digital Dirham Project
The Central Bank of UAE is ready to start with its Central Bank Digital Currency (CBDC) implementation. The Digital Dirham project will employ G42 Cloud and enterprise blockchain firm R3
Fintech Spiral Raises $28 Million for B2B
Spiral startup, which is based in New York, announced that it managed to attract investment funds in the amount of $ 28 million to launch the Impact as a Service platform.
More Wall Street Giants Back Versana Syndicated Loan Platform
Deutsche Bank, Morgan Stanley, US Bank, and Wells Fargo have become the latest representatives of the financial services industry to support the Versana syndicated lending platform.
Austria Launches Multi-Modal Mobile Fare Payments
SimplyGo! service allows all citizens of Austria to make contactless fare payments for both single and multi-modal journeys with just two swipes on their smartphone screen
Huawei Launches Non Stop Banking Initiative
Chinese tech company Huawei unveiled its Non Stop Banking initiative to help banks increase revenue and customer base, save operational costs and enhance financial inclusion
YouTube Winds Up Social Commerce App Simsim
The media giant YouTube shuts down its live social commerce app Simsim, targeting Indian SMEs and retailers, to focus on building a ‘seamless shopping experience for viewers’
Grubhub Offers Campus Card Payments in Bid for Student Loyalty
Grubhub is actively implementing new payment solutions to ensure the security of college students’ expenses.
World Bank Says Nations Must Adopt Policies to Boost Growth
The World Bank said that countries need to take measures to prevent the expected global downturn in economic growth.
CFTC Seeks to Ban Binance From USA
The Binance crypto trading platform and its CEO Changpeng Zhao have been accused of violating the rules in a US federal court.
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