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.
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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.
DailyPay Secures $260 Million in Capital
DailyPay, a leading financial technology company, has announced that it has raised $260 million in the capital.
Corlytics Acquires Platform SparQ
Corlytics acquired SparQ, a regulatory monitoring platform spun off from ING.
Bold Commerce to Cooperate With PayPal
The collaboration between PayPal and Bold Commerce will provide retailers with the opportunity to combine payments and checkout into a single integrated solution.
St Maarten Adopts TRON as Legal Tender
St Maarten, a country in the Kingdom of Netherlands, announced plans to adopt TRON’s TRX as a legal tender.
Saudi Arabia Central Bank Launches CBDC Experiment
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
Metro Bank Launches Digital Car Loan
UK-based Metro Bank is joining the auto financing market with a new digital car loan offer
SEBA Bank Introduces New Crypto Service
Swiss digital assets service provider SEBA Bank introduces a suite of crypto banking offers for various client types
Samsung Wallet to Go Live in New Markets
Samsung Wallet will soon appear in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore, and Taiwan.
Mercado Labs Launches Management System for Small Businesses
Mercado Labs has launched an import management system for small and medium-sized businesses (SMBS).
Qatar National Bank Launches Contactless Biometric Payments
Customers of the Qatar National Bank (QNB) have the opportunity to use contactless payments for purchases at retail outlets in this country without resorting to a physical payment card or smartphone.
B2B Platform Tranch Raises $100 Million in Debt and Equity
Tranch, a Buy Now, Pay Later platform for SaaS vendors and service providers, has reported raising $100 million in initial equity and debt financing.
Ex-Plaid Launches E-Commerce Payment Processing Platform
The startup Wafi, which was founded by the former head of the Plaid product department Viktor Umunze, has launched its payment processing platform.
Binance Moved $346M for Bitzlato Accused of Money Laundering
Binance was among the top three counterparties for the Bitzlato digital currency exchange, whose founder was arrested by US authorities, accused of money laundering
Blockstream Raises $125M to Expand Bitcoin Mining
The $125M funding will enable Blockstream to expand the Bitcoin mining capacity for institutional hosting customers
