Global
Y Combinator backs fintech startup Karbon Card
Fintech startup Karbon Card has raised an undisclosed amount in its growth capital led by Y-Combinator. The company has raised $3.5 million so ...
Global
CMSPI releases SCA Economic Impact Assessment July 2021 analysis
CMSPI has released the SCA Economic Impact Assessment July 2021 analysis, featuring data that shows the potential sales at risk and overall readiness of the industry. ...
Global
MAS Announces 15 finalists for the Global CBDC Challenge; over 300 submissions from 50 countries received
The Monetary Authority of Singapore (MAS) has announced the 15 finalists for the global competition to develop retail Central Bank Digital Currency (CBDC) ...
Global
Standard Chartered Launches Blockchain-based Trade Finance Platform
Standard Chartered joined forces with Linklogis to incorporate a new blockchain-based digital trade finance platform called Olea. The British multinational banking institution – ...
Global
Colombia’s financial regulator launches fintech sandbox
Superfinanciera has enabled the controlled test space to promote technological innovation in the financial system, according to the official press release. Through this controlled ...
Global
Australia considers new regulations for Apple, Google, and WeChat digital wallets
The Australian government has announced it is considering new laws that would tighten the regulation of digital payment services by tech giants such ...
Global
Cryptoassets as national currency is a step too far – IMF
The International Monetary Fund (IMF), an organization which includes 190 countries, working to foster global monetary cooperation, in a blogpost titled, ‘Cryptoassets as National ...
Global
Contactless card payment limit in UK to rise to GBP 100 from 15 October
UK Finance, the regulatory body representing banks, has announced that shoppers in the UK will be able to spend up to GBP 100 ...
Global
Bank of Jamaica creates the first batch of its CBDC
Bank of Jamaica (BOJ) has announced the inaugural minting of Jamaica’s first batch of central bank digital currency (CBDC). A total of approximately USD ...
Global
Bank North (former B-North) secures full banking licence, raises GBP 20M
UK-based Bank North, has received a banking licence by the UK’s Prudential Regulation Authority (PRA), allowing the company to evolve within the SME banking ...