Global
Mastercard Teams Up with Ripple Partner Lulu in UAE to Enhance Remittances
The U.S. payment card giant has partnered with RippleNet’s Lulu exchange to ensure fast and seamless remittances in the UAE UAE-based Ripple partner, ...
Global
Visa develops interoperability concept for central bank digital currency payments
Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how ...
Global
N26 Digital Bank fined €4.25 million over AML failings
German digital bank N26 has been fined €4.25 million by BaFin over lax money laundering controls. N26 has been facing heightened scrutiny from ...
Global
Brazilian banks to block user resources for 72 hours if fraud is suspected
Central Bank of Brazil has announced that financial institutions that suspect fraud may block suspicious resources from a receiving user’s account for up to ...
Global
Global: Over 4 billion people now connected to mobile internet – GSMA report
Despite the COVID-19 pandemic, more than half of the world’s population is now using the mobile internet. This is according to the global ...
Global
Switzerland’s Financial Regulator Approves First Ever Crypto Fund
Switzerland’s financial watchdog Financial Market Supervisory Authority (FINMA) on Wednesday approved the country’s first-ever dedicated crypto fund. The new crypto fund would be called the ...
Global
Central bank digital currencies can slash cross border payment time – BIS
The use of digital currencies backed by central banks would significantly reduce time and costs associated with making cross-border payments, according to a ...
Global
Acuant partners with Atala PRISM
Acuant, a US-based global Trusted Identity Platform, has partnered with Atala PRISM to eliminate bad actors and strengthen security by integrating fraud prevention and AML ...
Global
Federal Bank India and NPCI launch RuPay Signet credit card
India-based Federal Bank has partnered with the National Payments Corporation of India (NPCI) to launch the ‘Federal Bank RuPay Signet Contactless Credit Card’. The Federal Bank RuPay ...
Global
Veriff partners with SimpliFi to provide identity verification for instant card issuance
Identity verification provider Veriff has announced a partnerhsip with SimpliFi, a Cards-as-a-Service (CaaS) platform for MENA and Pakistan. The main goals of the agreement is to ...