Global
Global: Payabl. Achieves Electronic Money Institution Licence to Transform Financial Services
In a significant development, payabl., a leading PayTech in Europe, has successfully obtained an Electronic Money Institution licence (EMI licence) from the Central ...
Global
Global: Mastercard Introduces Cutting-Edge Biometric Service to Eliminate Passwords
Mastercard is set to revolutionize online authentication by introducing a new biometric authentication service, aiming to render traditional passwords obsolete. Having been a ...
Global
Global: China Greenlights Over 40 AI Models for Public Use in the Last Six Months
In a concerted effort to narrow the AI development gap with the U.S., China has achieved a significant milestone by approving more than ...
Global
Global: UK Delays Decision on Digital Pound Amid Privacy Concerns
British authorities have postponed a decision on whether to proceed with a state-backed digital pound, an alternative to bank and tech company-operated payments, ...
Global
Global: US Lawmakers Urge Meta to Clarify Crypto and Blockchain Plans
The House Financial Services Committee in the United States is pressing Meta, led by Mark Zuckerberg, to disclose its intentions regarding five cryptocurrency-related ...
Global
Global: Binance Gears Up for Legal Showdown with US SEC
Binance, the world’s largest cryptocurrency exchange, is set to face the U.S. Securities and Exchange Commission (SEC) in a crucial court battle in ...
Global
Global: Thai PM Affirms Commitment to $14.3 Billion ‘Digital Wallet’ Scheme Despite Potential Delay
Thai Prime Minister Srettha Thavisin reiterated on Friday that his government remains committed to its ambitious $14.3-billion ‘digital wallet’ handout scheme, designed to ...
Global
Global: ICBC Set to Pay $32.4 Million to US Regulators for AML Lapses and Supervisory Information Disclosure
The Industrial and Commercial Bank of China Ltd (ICBC) and its New York branch are slated to pay $32.4 million in penalties due ...
Global
Global: Vodafone and Microsoft Forge $1.5 Billion Cloud and GenAI Partnership
Vodafone has entered into a groundbreaking agreement with Microsoft, pledging a $1.5 billion investment over the next decade to foster the development of ...
Global
Global: U.S. Banks Rally to Revise Basel Capital Rule Amidst Growing Opposition
On Tuesday, U.S. banks are set to advocate for a significant overhaul of a draft rule on bank capital in their ongoing efforts ...
