Bank of Japan Launches CBDC Pilot
The Bank of Japan decided to launch large-scale testing of the digital yen after two years of research into the prospects of this project.
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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
Tesco Considers Selling Its Banking Arm
Currently, the British supermarket chain Tesco is considering selling its banking division.
Nimerex.com Adds Billing and Invoicing to Online Business Solutions
Nimerex.com launched an electronic billing and electronic invoicing service.
MoneyLion Teams Up With Column Tax
MoneyLion Inc., a provider of personalized financial content, financial products, and advice, has started offering its users free tax filing services.
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
Noventiq Completes Seven Seas Technology Acquisition
Noventiq, a global provider of digital transformation and cybersecurity solutions and services, closed the deals to acquire UAE-based Seven Seas Technology (SST).
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
MasterCard Partners NowNow to Boost Cybersecurity for Nigerian SMEs
Nigerian digital payment startup NowNow has joined forces with global payment giant Mastercard to improve the cybersecurity options available to Nigerian SMEs who typically do not have the resources to defend themselves from massive cyber attacks
SEC Accuses Terraform of Fraud
Securities and Exchange Commission (SEC) The United States has accused the cryptocurrency company Terraform Labs of implementing fraudulent schemes.
Client Onboarding Outfit Sikoia Raises $6 Million
Sikoia, a London-based unified data platform designed to simplify customer adaptation and risk assessment, has reported raising $6 million in baseline funding.
Alternative Credit Data Boosts Financial Inclusion and Increases Revenue Growth: Report
The report by LexisNexis Risk Solutions reveals that financial inclusion is accelerating the adoption of alternative credit data across financial institutions which, in turn, is increasing their revenues
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