Global
BOC partners with UnionPay International to accept QR code payments in Sri Lanka
Bank of Ceylon (BOC) has partnered with China-based payments group UnionPay International (UPI) to offer UnionPay QR code payment service in Sri Lanka. UnionPay is the ...
Global
State Bank of Pakistan grants EMI license to NayaPay
Pakistan-based fintech NayaPay has earned commercial approval to operate as the first Electronic Money Institution in Pakistan, after a year-long pilot and inspection by the ...
Global
France fines JP Morgan USD 29.6 M in tax fraud settlement
US-based bank JP Morgan has agreed to a EUR 25 million euros (USD 29.6 million) fine in a settlement of a tax fraud ...
Global
India: GooglePay users can now open a Time deposit account
Google partners with Equitas to offer time deposits to users of its payments wallet, extending its presence in the nation’s lucrative digital banking ...
Global
US: The value of instant payments to exceed by 470% by 2026 – Juniper Research
Juniper Research data has shown that the value of instant payments will exceed USD 27.7 trillion in 2026, representing a 470% increase from the ...
Global
Most Europeans want their governments to regulate cryptocurrency
A poll for Euronews has found that a majority of Europeans want their own governments to regulate cryptocurrency while a growing number would also support ...
Global
UK Crypto Exchange Receives Approval From FCA
UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company. This makes Coinpass ...
Global
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital ...
Global
Central Bank Digital Currencies to Be Tested in BIS Experiment
The Bank for International Settlements will test the use of central bank digital currencies with Australia, Malaysia, Singapore and South Africa in an ...
Global
Global: Ireland fines WhatsApp 225 million euros over data transparency violations
Irish data protection regulator fined WhatsApp 225 million euro ($266 million) on Thursday for privacy breaches after the EU privacy watchdog pressured the ...