Global
Global: European Consumers Prefer Card Networks and PayPal for Everyday Apps Over Banks and FinTechs
The rising reliance on apps and connected devices globally has fueled consumer demand for an all-encompassing everyday app seamlessly integrating banking, shopping, and ...
Global
Global: Argentine President Supports Provinces in Launching Local Currencies
In a significant development, President Javier Milei of Argentina has pledged not to obstruct provinces’ initiatives to introduce their own currencies. This assurance ...
Global
Global: Breakthrough AI Challenges Assumptions on Fingerprint Uniqueness
In a groundbreaking development, researchers at Columbia University utilized an AI algorithm to scrutinize fingerprints, challenging the conventional belief in their absolute uniqueness. ...
Global
Global: Malaysia’s Digital Transformation Reorganization of Ministries and Agencies
Malaysia’s Cabinet, led by Communications Minister Fahmi Fadzil, has approved significant changes, including the relocation of its digital ID system and the related ...
Global
Global: SAP Settles FCPA Allegations, Agrees to $220 Million Payments
German software company SAP has reached a settlement exceeding $220 million with U.S. and South African authorities, resolving alleged violations of the Foreign ...
Global
Global: Visa and CIBC Join Forces to Enhance Cross-Border Remittances to Digital Wallets
Visa and CIBC have announced a strategic collaboration aimed at providing more convenient cross-border remittance services for the bank’s clients. Leveraging Visa Direct’s ...
Global
Global: Revolut Faces Class Action Lawsuit in the US Over Biometric Data Practices
Revolut, the UK-based fintech giant, is currently entangled in a class action lawsuit filed in Illinois, accusing the company of allegedly and unlawfully ...
Global
Global: ATM Usage Drops to 40%, Fintech Adoption Rises – KPMG Report
A recent report by KPMG reveals that the scarcity of cash in circulation has led to a significant drop in Automated Teller Machine ...
Global
Global: Salmon Secures Banking License in the Philippines through Rural Bank Acquisition
Salmon, a consumer credit fintech, has achieved a significant milestone by acquiring a controlling interest in Rural Bank of Sta. Rose, thereby obtaining ...
Global
Global: Visa and TECH5 Join Forces for Global Government Digital ID Advancement
Visa Inc., a prominent player in digital payments, and TECH5, a pioneer in biometrics and digital identity management, have entered into a strategic ...