Global
ADIB partners with Spotii to launch Buy Now, Pay Later prepaid card in UAE
Abu Dhabi Islamic Bank (ADIB) has partnered with Spotii, a digital payments provider, to introduce the first virtual ‘Buy Now, Pay Later’ prepaid card in ...
Global
FinCEN Launches Regulatory Process For New Antiquities Regulations
The Financial Crimes Enforcement Network (FinCEN) has issued an Advance Notice of Proposed Rulemaking (ANPRM) to solicit public comment on a range of questions ...
Global
China’s Central Bank ban crypto trading and mining, sending bitcoin tumbling
China’s central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial ...
Global
Mastercard launches Strive to accelerate economic recovery
Mastercard has launched Strive to bolster the financial resilience and unlock the growth of micro and small enterprises. To address the transition to digital, Mastercard, through ...
Global
Federal Reserve Soon to Release Report on CBDC Launch, Says Jerome Powell
The Federal Reserve is considering whether to implement its own digital currency, which will be discussed in an upcoming crypto report. Jerome Powell ...
Global
Bank of England downgrades growth projections, warns inflation will climb above 4% by year-end
The Bank of England on Thursday kept monetary policy unchanged and downgraded economic growth projections for the third quarter of this year. Policymakers ...
Global
UN names Safaricom a Global Compact LEAD member
Kenya’s Safaricom has been named as a Global Compact LEAD participant for its ongoing commitment to the United Nations Global Compact and its ...
Global
Payments giant Nexi says it is working on digital euro with the European Central Bank
Italian payments giant Nexi says it is working with the European Central Bank on its proposed central bank digital currency. “We are engaging with the ...
Global
Ripple Partners with Central Bank of Bhutan to Launch CBDC Trial
Ripple, the leading provider of enterprise blockchain and crypto solutions for cross-border payments, has announced a collaboration with Bhutan’s central bank, the Royal ...
Global
Mastercard Executive Chairman Ajay Banga to Retire Dec 31
Mastercard announced that Executive Chairman Ajay Banga will retire on Dec. 31, 2021, with current Lead Independent Director Merit Janow filling in as non-executive independent ...