Global
Google Pay to launch in Israel by the end of 2021
Isracard, an Israel-based credit card company, has said it reached an agreement with Google to offer payments via Google’s digital wallet, enabling Google Pay to ...
Global
RBI invites payment system providers to apply for Aadhaar e-KYC licence
The Reserve Bank of India has invited applications from NBFCs, payment system providers and payment system participants looking to obtain Aadhaar e-KYC licence. ...
Global
UAE reviews progress on anti-money laundering strategy
The UAE has reviewed its ongoing efforts to tackle money laundering and terrorist financing ahead of the country’s submission of a post-observation report ...
Global
Mastercard acquires cryptocurrency and blockchain forensics firm CipherTrace
Mastercard extends its capabilities deep into the field of digital assets with an agreement to acquire CipherTrace. Payment giant Mastercard is strengthening its ...
Global
Japan’s Financial Giant SBI to Launch Cryptocurrency Fund
Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it ...
Global
Central banks must ‘roll up their sleeves’ and urgently speed up their work on their own digital currencies before crypto upends the current financial system – BIS
The Bank for International Settlements is urging central banks to crank up their efforts in developing their own digital currencies while the current ...
Global
CBDCs could lead to ‘deeply negative interest rates’ – Wall Street Journal
Issuing CBDCs may give a central bank more power over interest rate adjustments according to a new report. According to the Wall Street ...
Global
French government to let citizens scan NFC eID cards for online services
The French Government has announced citizens will be able to verify their identity when accessing secure online services by scanning their updated Carte Nationale ...
Global
Nadra to introduce contactless biometric verification service for banking industry
The National Database and Registration Authority (Nadra) has launched contactless biometric verification services for the banking and payments industry. Banks will make use of the ...
Global
Central Bank of Brazil releases minimum scope of data for Phase 4 of Open Banking
The Central Bank of Brazil has released the minimum scope of data for Phase 4 of Open Banking, to be detailed by the Open Banking ...