Banking Tech, Digital Lending and Credit
August 22, 2023
Via: The Fintech TimesThe BNPL feature adds another way Koverly is helping businesses pay each other. This is in addition to reduced foreign exchange rates (up to 50 per cent less) and no wire transfer fees (enabling firms to save up to $40 […]
August 16, 2023
Via: Fintech NewsOne important consideration for any digital asset investor allocating money to alternative coins is tokenomics. For the uninitiated, tokenomics refers to the economic and financial aspects of a cryptocurrency or project’s ecosystem. It encompasses the design, creation, distribution and management […]
August 16, 2023
Via: Payments DiveFiserv’s findings align somewhat with the U.S. Department of Commerce’s analysis released Tuesday. Excluding food, auto and fuel purchases, overall retail sales rose 5% in July year-over-year. The federal department also reported an 8% decline in furniture and home-related purchases. […]
August 11, 2023
Via: The Fintech TimesFirst-party fraud can appear in a variety of different ways. In the financial sphere, it can look like someone applying for a loan, knowing they won’t pay it back or filing a false chargeback claim. However, it is not limited […]
July 28, 2023
Via: CointelegraphThe United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on July 27. The bill includes a provision targeting crypto mixers, anonymity-enhancing coins and institutions engaging in crypto trading. The NDAA is a bill that […]
July 20, 2023
Via: Investing.comOn July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that […]
July 12, 2023
Via: ThePaypersThe partnership seeks to provide new flexibility for onboard sales and to boost the inflight retail experience for Southwest Airlines’ customers. According to the official press release, most.Onthego aims to combine product management, payment hardware solutions, and payment processing capabilities […]
July 10, 2023
Via: ThePaypersFor this survey, the Bank of International Settlements (BIS) surveyed 86 central banks. According to the findings, 93% of them are currently working on their own CBDCs, with major jurisdictions such as India, the UK and the European Union all […]
June 23, 2023
Via: Fintech NewsU.S. retail bank customers have been through the ringer during the past few years. Inflation, market volatility and rising interest rates have contributed to increased prices for goods and services, leaving 69% of customers classified as financially unhealthy.1 According to […]
June 20, 2023
Via: FinTech FuturesWith the acquisition, Bankable will gain the ability to embed credit and working capital into the payment flows of established neobanks, multinational brands and fintech platforms. Founded in 2014 and based in Barcelona and Dublin, Arex Markets operates a marketplace […]
June 1, 2023
Via: ThePaypersPwC India has released a report which highlights that UPI is projected to dominate retail digital payments in India, accounting for 90% of transactions until 2027. Unified Payments Interface (UPI) transactions are expected to continue growing steadily, reaching a milestone […]
May 25, 2023
Via: Investing.comThe Bank for International Settlements (BIS) and a group of central banks have published a paper detailing their “ongoing policy perspectives” on a retail central bank digital currency (rCBDC). The new publication is the fifth from the same authors. The […]
Banking Tech, Digital Lending and Credit
May 2, 2023
Via: CointelegraphA myriad of unforeseeable “consequences” will be brought about by retail central bank digital currencies (CBDCs), the managing director of the International Monetary Fund (IMF) claimed. The IMF’s Kristalina Georgieva erred on the side of caution regarding retail CBDCs in […]
May 2, 2023
Via: Bitcoin.comThe launch of Coinbase International Exchange follows the company’s approval to operate its digital currency operations in Bermuda, which was granted by the Bermuda Monetary Authority (BMA). In a blog post, Coinbase noted that “building out a global perpetual futures […]
April 28, 2023
Via: FinTech FuturesIn a lawsuit filed in the US District Court for the Southern District of New York, Walmart alleges Capital One failed to meet several contractual obligations and customer service standards. The retail giant alleges Capital One did not meet customer […]
April 20, 2023
Via: Bitcoin.comBitcoin (BTC) was once again in the red on Thursday, as traders continued to secure gains from last week’s bull run. BTC/USD fell to an intraday low of $28,596.91 earlier in today’s session, which comes a day after hitting a […]
April 14, 2023
Via: Bitcoin.comCryptocurrency exchange Bitrue announced Friday on Twitter it has identified a “brief exploit” in one of its hot wallets. The breach led to the theft of around $23 million in a number of cryptocurrencies, including ether (ETH) and shiba inu […]
April 11, 2023
Via: Payments DiveAmazon’s frictionless checkout technology is now available in more Whole Foods locations in Colorado’s capital city. The stores, located throughout the Denver area, including the communities of Belmar, Cherry Creek, Colfax, Colorado Boulevard, Governor’s Ranch, Highlands Ranch, Ideal Market Denver, […]
April 6, 2023
Via: The Fintech TimesFYST’s exclusive proprietary data, gathered across 10 countries (Turkey, Israel, Qatar, Kuwait, United Arab Emirates, Pakistan, South Africa, Nigeria, Cameroon, and Kenya) shines a light on the proportion of cards, bank transfers, digital wallets and other methods used for online […]
April 5, 2023
Via: Bitcoin.comMicrostrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins for $150 million on March 27. On April 5, the firm’s CEO announced that it had acquired an additional 1,045 bitcoins, bringing the company’s total holdings to 140,000 BTC. […]