Global
Global: Western Union Expands Integration With Visa Direct
Western Union is expanding its integration with Visa’s real-time money movement network Visa Direct to enable Western Union customers in the U.S. to send funds in ...
Global
Global: China Intensifies Crackdown on Cryptocurrency
China’s internet watchdog said it had intensified a crackdown on illegal online information that may lead to speculation and fraud involving cryptocurrency. According ...
Global
Global: German digital bank Nuri files for insolvency
The seven-year-old fintech, which provides both fiat and crypto banking products, is working on a “long-term restructuring concept” Berlin-based digital bank Nuri filed ...
Global
Global: RBA to commence year-long CBDC research project
The Reserve Bank of Australia is to embark on a year-long research project to explore use cases for a central bank digital currency ...
Global
Global: FTC files complaint against paytech First American over alleged “harmful practices”
The Federal Trade Commission (FTC) has taken action against payment processing company First American Payment Systems and two of its sales affiliates for ...
Global
Global: Saudi Arabia among top countries globally for contactless payment adoption: Visa
Saudi Arabia is among the top markets globally for contactless payment adoption, with nine in 10 transactions made with contactless cards or devices ...
Global
Global: Former Federal Prosecutor – Crypto Regulation Bill ‘Still Pretty Vague’
Former federal prosecutor Grant Fondo has said legislation that aims to provide clarity on which U.S. agency should be in charge of crypto regulation isn’t ...
Global
Global: Mastercard and Visa stop processing payments for Pornhub advertising arm
Visa and Mastercard will stop processing payments for the advertising arm of Pornhub’s parent company after developments in a lawsuit relating to child ...
Global
Global: Robinhood to cut 23% of staff, crypto unit fined $30m
Stock trading app Robinhood is to cut almost a quarter of its staff while its crypto arm has been fined $30 million by ...
Global
Global: Bank of Thailand to launch retail CBDC pilot
The Bank of Thailand has announced the launch of its retail Central Bank Digital Currency (CBDC) pilot, set to run from late 2022 ...