News - page 38

Kraken Makes History as First Crypto Firm Approved for Federal Reserve Master Account
Blockchain & Crypto

Kraken Makes History as First Crypto Firm Approved for Federal Reserve Master Account

In a milestone moment for the cryptocurrency industry, Kraken Financial, the Wyoming-chartered banking arm of the U.S. cryptocurrency exchange Kraken, has been granted a Federal Reserve master account, marking the first time a digital asset-focused institution has secured direct access to the Federal Reserve’s core payments system.

Nexi Upgrades Agentic Commerce Capabilities
Fintech & Ecommerce

Nexi Upgrades Agentic Commerce Capabilities

Nexi Group launches Model Context Protocol (MCP) to power secure agentic commerce across Europe, enabling automated payments workflows for AI agents.

Western Union and Sasai Fintech Launch New International Money Transfer App for South Africa, Expanding Digital Remittance Access
Fintech & Ecommerce

Western Union and Sasai Fintech Launch New International Money Transfer App for South Africa, Expanding Digital Remittance Access

Western Union has partnered with Sasai Fintech, a business of Cassava Technologies, to launch a new international money transfer mobile app designed specifically for consumers in South Africa.

Nubank Accelerates in Early 2026 as Mexico and Colombia Expansion Gains Pace, But Can Digital Banks Fully Replace Traditional Banking This Year?
Fintech & Ecommerce

Nubank Accelerates in Early 2026 as Mexico and Colombia Expansion Gains Pace, But Can Digital Banks Fully Replace Traditional Banking This Year?

Latin America’s largest digital bank entered 2026 with fresh momentum. In late February, Reuters reported that Nubank closed 2025 with approximately 131 million customers, marking roughly 15% year-over-year growth, alongside a 50% rise in quarterly net profit. The results reflect not only continued dominance in Brazil but sustained expansion in Mexico and Colombia — the […]

WRISE Group and IFCG Forge Strategic Wealth Management Alliance to Target Thailand’s Growing Private Wealth Market
Finance & Economics

WRISE Group and IFCG Forge Strategic Wealth Management Alliance to Target Thailand’s Growing Private Wealth Market

Singapore-based multi-family office WRISE Group has announced a strategic partnership with Thailand’s IFCG Public Company Limited, in a move aimed at expanding institutional-grade wealth management solutions for high-net-worth (HNW) and mass affluent investors in the Thai market.

Mastercard and Visa Enrich Stablecoin Settlement Capabilities to Supercharge Global Payments in 2026
Blockchain & Crypto

Mastercard and Visa Enrich Stablecoin Settlement Capabilities to Supercharge Global Payments in 2026

Newly expanded settlement options and stablecoin-backed cards signal a turning point for payments technology as tokenized dollars migrate from crypto rails to mainstream finance, long-shaped if not monopolized by Mastercard & Visa.

Oil Surges as Iran Shuts the World’s Most Critical Energy Chokepoint
Finance & Economics

Oil Surges as Iran Shuts the World’s Most Critical Energy Chokepoint

Brent crude has surged more than 15% in four days as Iran declares the Strait of Hormuz closed following U.S.-Israeli strikes on Tehran. With a fifth of the world’s oil supply hanging in the balance, analysts are warning of triple-digit prices and a potential global recession.

OpenAI Faces Backlash After Pentagon AI Deal
Science & Technology

OpenAI Faces Backlash After Pentagon AI Deal

Millions of people refuse to let the Big Brother watch and track them through the benign ChatGPT conversations or browser history, cancelling their OpenAI chatbot subscriptions in protest of the firm’s cooperation with the Pentagon.

Instant Bank Payments via Capitec Pay Go Live for Paystack Merchants
Fintech & Ecommerce

Instant Bank Payments via Capitec Pay Go Live for Paystack Merchants

Merchants using Paystack in South Africa can now accept instant bank payments through Capitec Bank’s Capitec Pay, expanding real-time payment options for online businesses in the country.

BitGo Europe GmbH Expands Crypto-as-a-Service Across the EEA Under MiCA Framework
Blockchain & Crypto

BitGo Europe GmbH Expands Crypto-as-a-Service Across the EEA Under MiCA Framework

BitGo Europe GmbH, the European subsidiary of BitGo Inc., U.S.-based digital asset infrastructure company, has announced the expansion of its Crypto-as-a-Service (CaaS) offering across the European Economic Area (EEA). The rollout is structured under the European Union’s Markets in Crypto-Assets regulation (MiCA or MiCAr), which provides a harmonised regulatory framework for digital asset services across […]

Cassava Technologies Launches AI-Powered Autonomous Network to Transform Telecom Performance Across Africa
Science & Technology

Cassava Technologies Launches AI-Powered Autonomous Network to Transform Telecom Performance Across Africa

BARCELONA, Spain, March 3, 2026: As African telecom networks become more complex and data demand continues to surge, operators face mounting pressure to maintain performance while managing costs. Against this backdrop, Cassava Technologies has launched the Cassava Autonomous Network — an AI-powered solution designed to significantly improve mobile network performance across the continent.

Worldline Completes First Wero Online Payment in Belgium with Belgian Red Cross-Flanders
Fintech & Ecommerce

Worldline Completes First Wero Online Payment in Belgium with Belgian Red Cross-Flanders

Worldline [Euronext: WLN], a European leader in payment services, has enabled the first Wero online payment transaction in Belgium. This breakthrough comes as Belgium becomes the second European market, after Germany, to support Wero for eCommerce payments following its official launch in the country. The transaction was completed for the Belgian Red Cross-Flanders (Rode Kruis-Vlaanderen), […]

25th Connected Banking Summit – West Africa 2026 Concludes Successfully, Celebrating a Landmark Silver Jubilee Edition
Fintech & Ecommerce

25th Connected Banking Summit – West Africa 2026 Concludes Successfully, Celebrating a Landmark Silver Jubilee Edition

The 25th Connected Banking Summit – West Africa | Innovation & Excellence Awards 2026 concluded successfully at the prestigious Kempinski Hotel Gold Coast City, Accra, marking a historic Silver Jubilee Edition and celebrating 25 impactful editions of shaping banking innovation across Africa.

Nexi Group and Google Cloud Partner to Build Agentic Commerce Infrastructure Across Europe
Fintech & Ecommerce

Nexi Group and Google Cloud Partner to Build Agentic Commerce Infrastructure Across Europe

The strategic AI agent collaboration combines Google Cloud’s advanced AI and data infrastructure with Nexi Group’s extensive European payment network and acquiring expertise.

Visa to Anchor PayPay IPO as SoftBank Prepares Nasdaq Debut
Fintech & Ecommerce

Visa to Anchor PayPay IPO as SoftBank Prepares Nasdaq Debut

Visa is set to play a major role in the forthcoming initial public offering (IPO) of SoftBank-backed payments platform PayPay, joining global investors as an anchor investor ahead of the company’s planned Nasdaq listing. The move underscores Visa’s strategic commitment to expanding its global footprint in digital payments and fintech markets.

Nvidia Delivers Record Earnings Again But Investors Remain Cautious
Science & Technology

Nvidia Delivers Record Earnings Again But Investors Remain Cautious

After weeks of anticipation, Nvidia’s latest earnings release followed a now familiar pattern: blockbuster results, strong forward guidance, and an unwaveringly bullish tone from CEO Jensen Huang. Yet despite another record-breaking quarter, the market reaction was muted.