PayPal Pauses Stablecoin Project
PayPal temporarily stops the implementation of the stablecoin project.
News - page 276
KPMG: ESG Tops Regulatory Demands in Finance While UK & EU Rules Diverge
KPMG’s Regulatory Barometer showed that financial service firms in the UK and the EU remained under significant pressure to comply with diverging ESG requirements over the last 6 months
Foodcellar Market Launches Contactless Scan and Pay Shopping
In New York, Foodcellar Market stores now have the ability to scan products using a smartphone and pay for purchases by a mobile device.
Digital Asset Protection Provider Coincover Raises $30 Million
Coincover, a UK-based provider of digital asset protection services, has reported raising $30 million in funding.
UAE Central Bank Launches Digital Finance Initiatives
The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub
Cross-Border Payments FinTech Tazapay Nets $16.9 Million
Tazapay, a cross-border payments company, has raised $16.9 million in a Series A funding round.
Beauceron Security Gets CIBC Backing
The platform of the Canadian company SaaS for cybersecurity Beauceron Security has received funding from CIBC Innovation Banking.
Dhakai Adds Automation Capabilities to B2B Apparel Sourcing Platform
Dhakai has expanded the capabilities of its platform designed to search for clothing suppliers in B2B format.
Qatar Airways Launches Reusable NFC Bag Tags for Contactless Luggage Check-In
Passengers flying Qatar Airways planes have been allowed to transfer their flight data to a reusable electronic tag attached to their luggage.
MEPs Approve Draft Legislative Framework for European Digital Identity Wallet
The European Union Committee on Industry, Research, and Energy has approved the proposed update of the European Digital Identification System.
Kraken Agrees to Shut Crypto-Staking to Settle SEC Charges
U.S. SEC targets crypto exchange Kraken over crypto-staking services.
Maker DAO Votes to Integrate Chainlink to Help Maintain DAI Stability
MakerDAO integrates blockchain data provider Chainlink’s Automation for price updates, liquidity balancing, and maintaining the stability of Maker’s DAI stablecoin.
Identity Decisioning Fintech Alloy Launches in UK
US fintech Alloy has announced the launch of activities in the British financial services market as part of a project to expand its presence in the EMEA region.
Mastercard and Network International Unveil Fraud Prevention Tech
Mastercard and digital commerce company Network International have jointly developed a technology using artificial intelligence (AI) to combat fraud in financial transactions in the Middle East and Africa.
Lunar Raises €35 Million
Danish neobank Lunar announced the raising of financing in the amount of 35 million euros.
Ex-Nyse CIO Launches Finance App
Fierce, a financial app founded by former Nyse CIO Rob Cornish, was launched with $10 million in seed funding.
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