The head of the Federal Reserve System, Michel W. Bowman, said that the advantages of the central bank’s digital currency (CBDC) are more likely to exceed the risks associated with its use.
Nine more states have joined the US Department of Justice’s lawsuit against Alphabet (GOOGL.O) Google.
In the UK, local financial regulators have unveiled plans for the future development of open banking.
Abu Dhabi Islamic Bank (ADIB) has gone live on the UAE national blockchain ecosystem for the exchange of verified KYC data
In the UK, local startups that operate in the field of fintech express concern that the country is losing its position in the global financial system.
The US Treasury Secretary reported on the high probability of a change in the approach of local financial institutions to lending in the direction of tightening.
JPMorgan Chase wants to interrogate Frank founder Charlie Javis as part of the proceedings on the transfers of millions of dollars.
FTX lawyers are exploring the possibility of restarting this cryptocurrency exchange.
Chargebacks911, a company that specializes in helping consumers mitigate the effects of chargebacks, was sued by the Federal Trade Commission (FTC) and Florida.
The consequences of the coronavirus pandemic, which have not yet been fully overcome by the financial and industrial sectors, and the pressure factor in the form of banking crises have a negative impact on the prospects for economic growth.
Ryft, a UK-based startup that aims to replicate the success of Stripe, has announced that it has received an FCA license.
The South Korean Fair Trade Commission (KFTC) fined Alphabet’s Google 42.1 billion won ($32 million).
The acquisition of HV Bancorp, previously announced by Citizens Financial Services, has received regulatory approval.
Back in June 2022, Israel began the process of open banking reform in an attempt to bring its outdated regulatory framework into line with the needs of the nation’s booming fintech sector. The road map for the reforms is set to conclude by November 2023 and although this could represent a real boon for both […]
Both providers of DeFi services and the United States government are supposed to reduce AML/CFT vulnerabilities in decentralized finance (DeFi), enabling criminals to transfer and launder illicit proceeds
Android apps offering personal loan services will not be able to access users’ sensitive data, such as photos and contacts, with the new restrictions imposed by Google
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