News - page 276

Finance & Economics

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

Finance & Economics

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

Blockchain & Crypto

SEC Accuses Terraform of Fraud

Securities and Exchange Commission (SEC) The United States has accused the cryptocurrency company Terraform Labs of implementing fraudulent schemes.

Finance & Economics

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.

Science & Technology

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

Fintech & Ecommerce

DNA Payments Partners With Mastercard to Deliver Click to Pay

Fintech DNA Payments, one of the largest fully vertically integrated omnichannel payment companies in the British financial market, has entered into a cooperation agreement with Mastercard to provide Click to Pay services to merchants throughout the UK and in the European Union.

Finance & Economics

Visa, Froda and Lunar Launch Digital Solution for Small Business Loans

Visa, Froda, and Lunar announced the beginning of cooperation within the framework of a project aimed at launching a digital solution for business lending.

Blockchain & Crypto

Celsius Creates “Convenience Class” of Creditors, Limits Claims to $5,000

A “Convenience Class” of Celsius creditors will receive a “one-time distribution of liquid crypto” paid in form of Bitcoin, Ether, and USD Coin.

Finance & Economics

Amazon and Google Get Payments Clearance in India

Google and Amazon have received permission to expand the scope of their online payment systems in India.

Finance & Economics

Vexi Raises $8 Million to Expand Access to Credit in Mexico

Mexican neobank Vexi announced the attraction of investment funds in the amount of $ 8 million following the results of the Series A financing round.

News

Zopa Snaps Up DivideBuy

Zopa Bank has bought up the equipment Buy Now, Pay Later DivideBuy.

Fintech & Ecommerce

Mastercard Adds Advanced Analytics to its Open Banking Platform to Assist SMBs

Mastercard has improved the Open Banking platform delivered by its subsidiary in order to facilitate diverse and inclusive credit models for small business loans

Finance & Economics

India & Singapore to Officially Link Payment Systems

Central bank institutions of Singapore and India will link their real-time payment systems next week to enhance cross-border payment connectivity

Fintech & Ecommerce

Mastercard & Copal to Launch Family Payments App in Egypt

The family payments solution brought by Egypt’s digital payment provider Copal in partnership with Mastercard aims to drive financial inclusion by integrating underbanked youth into the formal economy

Blockchain & Crypto

SEC Proposes Tougher Rules for Crypto Custodians

US Securities and Exchange Commission proposed amendments to the “2009 Custody Rule” that will apply to custodians of “all assets” including cryptocurrencies

Fintech & Ecommerce

Hala Acquires Paymennt.com

Saudi fintech company Hala announced the purchase of a payment startup from the UAE Paymennt.com.