Global
Global: Islamic organization in Indonesia declares digital currencies as haram
A regional branch of the world’s largest Islamic organization in Indonesia has declared digital currencies “haram,” meaning they are prohibited under Islamic religious ...
Global
Hamilton Reserve Bank and authID.ai announce authentication solution
Saint Kitts and Nevis-based Hamilton Reserve Bank has deployed US-based authID.ai’s Identity-as-a-Service (IDaaS) platform. HRB has integrated Verified, authID.ai’s biometric multi-factor cloud-based authentication product that offers ...
Global
Unlimint plans launch of ecommerce product
UK-based payment service provider Unlimint has announced its plan to launch its own ecommerce platform by the end of 2022. According to emarketer.com, with the ...
Global
Stablecoins, CBDCs may not resolve financial inclusion, international remittance challenges – BIS Report
Stablecoins and central bank digital currencies (CBDCs) may not live up to their promise of increasing financial inclusion and improving cross-border payments in emerging markets, according ...
Global
Australia’s CBA pleads guilty for fraud charges
Commonwealth Bank of Australia has pleaded guilty to 30 criminal charges for mis-selling consumer credit insurance between 2011 and 2015. The announcement was made ...
Global
Brazil launches Phase 3 of Open Banking
According to Belvo, Phase 3 of Open Banking in Brazil has started on 29 October 2021. The new phase is the penultimate stage of ...
Global
Russian crypto market worth $500B despite bad regulation, says exec
Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life’s founder said. The Russian cryptocurrency market has grown ...
Global
India Likely to Regulate Crypto, Not Ban It, in Upcoming Budget: Report
The government is likely to opt for regulating cryptocurrencies as an asset class, similar to commodities, with appropriate taxation of transactions and gains. ...
Global
BofA launches Account Validation service
Bank of America has rolled out a fraud prevention service for corporate and public sector clients making payments in the US. Prior to ...
Global
Oracle and Orange Announce Joint Intention to Strengthen Digital Infrastructure in West Africa
Collaboration aims to accelerate cloud adoption in one of the continent’s fastest-growing regions Oracle and Orange (www.Orange.com) today announced that they have signed ...