Moody’s Preps Stablecoin Scoring System
Moody’s is developing a system for evaluating up to 20 stablecoins.
News - page 349
Crypto Startup Mode Announces Closure
UK-based crypto startup Mode has asked its clients to withdraw funds from the firm’s application.
AfriGo to Replace VISA and MasterCard in Nigeria
The Central Bank of Nigeria (CBN) has launched Nigerian National Domestic Card Scheme, AfriGo, barring the USD charges on domestic transactions
Metaprise Banking Adds B2B Payments for SME
Metaprise Banking has presented new offers on B2B payments for small and medium-sized businesses around the world.
Feedzai Сuts Workforce Amid Restructuring
Portuguese Feedzai reduced its workforce.
ISDA Addresses Crypto Risks
The International Swaps and Derivatives Association (ISDA) is working on two papers to inform crypto market participants of legal risks pertinent to the cryptocurrency market and offer guidance
Finora Bank Partners iDenfy to Automate Compliance
B2B financial service provider Finora Bank has partnered with AI-enabled fraud prevention and identity verification firm iDenfy to automate customer due diligence
DeFi Lender Aave Deploys V3 on Ethereum
The third version of the decentralized lending and borrowing protocol Aave has been launched on the Ethereum blockchain, improving DeFi capital efficiency and user risk mitigation
Regtech Salv Raises €4 Million
Salv, a regtech startup has raised 4 million euros as part of a seed round.
Ingenico and Fujitsu Unveil Present Vein Identification for In-Store Commerce
Ingenico and Fujitsu Frontech have introduced the most seamless biometric payment solution based on palm vein identification.
Dutch Central Bank Fines Coinbase
In the Netherlands, the cryptocurrency exchange platform Coinbase was fined.
FINN Launches B2B Car Subscription Service in USA
FINN launched its car subscription service for businesses in the USA.
Dubai Investments Buys Stake in Digital Bank Monument
Dubai Investments acquired a 9% stake in Monument startup, which operates in the field of digital banking.
ShadowSwap and LayerZero Combine for Cross-chain Bridging
ShadowSwap will use LayerZero’s framework to offer users cross-chain interoperability.
Walmart Readies $2.5 Billion Investment in India’s E-Commerce and Payments
Walmart plans to invest more than $2.5 billion to develop its e-commerce and payments business in India.
FCA Accuses Three Money Transfer Companies of Price Fixing
The UK Financial Supervision Authority (FCA) said that Dollar East, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited have established a policy of fixed prices charged to customers in Glasgow for transferring money from Great Britain to Pakistan.
