Global
KPMG launches Customer Due Diligence platform
KPMG, a Canada-based accounting company, has launched a cloud-based platform KPMG Smart Customer Due Diligence (CDD), that optimises CDD business operations. CDD and ...
Global
Monzo withdraws its application for US banking licence
Monzo has withdrawn its application for a US banking licence after it was told by regulators it was unlikely to be approved. According to ...
Global
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the ...
Global
Hong Kong Central Bank releases e-HKD whitepaper
The Hong Kong Monetary Authority (HKMA) has published a technical whitepaper on retail central bank digital currency (CBDC), strengthening its position to launch a digital ...
Global
Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Brazilian lawmakers are working to provide ...
Global
Hong Kong exploring CBDC as part of fintech strategy
A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022. On ...
Global
Facebook, Instagram and WhatsApp all crash worldwide
Facebook, Instagram, WhatsApp and Facebook Messenger services have all crashed worldwide leaving users flocking to Twitter to report the outage. According to DownDetector, ...
Global
Virgin Money to shutdown 31 branches
Virgin Bank to shutdown 31 out of 162 branches in the coming months, as it plans to increase its digital operations. Technological advancements ...
Global
SEC Extends Decision Timeline Of Four Bitcoin ETFs By 45 Days
Bitcoin EFT applications are piling up as the United States Securities and Exchange Commission (SEC) continues weighing its options. Wall street’s most powerful ...
Global
Interac acquires rights to SecureKey digital identification services in Canada
Interac Corp. has stated that it has secured exclusive rights to SecureKey Technologies Inc.’s digital identification services in Canada as the payments platform ...