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Nedbank collaborates with Africarare to enter the metaverse
Nedbank becomes the first South African bank to enter the metaverse. The lender is the fourth largest bank in the country by assets. By...
BUSINESS
Hello Digit fined $2.7M for wrongfully taking money from users
The Consumer Financial Protection Bureau (CFPB) has taken action against the personal saving app, Hello Digit for wrongfully charging users with overdrafts and overdraft...
Stripe expands infrastructure for global bank transfers
Irish-American payment processing platform, Stripe is looking to expand its infrastructure to provide bank transfer offerings to businesses in the UK, EU, and Mexico....
PAYMENTS
SECURITY
European Central Bank lays foundation for crypto licensing
The European Central Bank (ECB) has released a new statement mentioning the criteria it will be taking when harmonizing the licensing requirements for crypto...
ANNOUNCEMENTS
Abu Dhabi to launch blockchain and virtual assets committee
Abu Dhabi is looking to form a government committee that can develop a strategy on how the nation can regulate crypto and other digital...
Google Wallet is now available worldwide
Tech giant Google is looking to reboot its mobile payments system by making Google Wallet available for users all around the world.
It was during...
Stripe expands infrastructure for global bank transfers
Irish-American payment processing platform, Stripe is looking to expand its infrastructure to provide bank transfer offerings to businesses in the UK, EU, and Mexico....
Belgian KBC Bank launches blockchain-based Kate Coin
Belgium-based KBC group becomes the first financial institution in Europe to launch its own digital coin. Dubbed Kate Coin, the e-money token comes a...
Westpac launches DataX to deliver insights for clients
Westpac has become the latest bank to offer data analysis as a main source of revenue. Dupped DataX, the new offering collates millions of...
TECHNOLOGY
Intesa Sanpaolo invests in digital insurance startup Yolo
Intesa Sanpaolo Group has invested in Italian digital insurance services and brokerage group Yolo through Neva Finventures, the firm’s corporate venture capital company.
Barclaycard teams up with Evernym for self-sovereign identity
Barclaycard joins an accelerator programme run by self-sovereign identity (SSI) specialist Evernym to replace usernames and passwords with much more efficient and secure methods.
Enabling people...
Bitcoins for lattes: Starbuck, Microsoft and ICE partners for a new payments platform
Starbucks, Microsoft, and Intercontinental Exchange are partnering up to launch a new cryptocurrency platform that enables consumers and institutions to buy, sell, store, and...
Sibos 2018: Accenture tech now connects major blockchain platforms
Consulting giant Accenture unveils a new "interoperability node" of blockchain platforms which enables two or more blockchain enabled ecosystems to integrate, easing the wider enterprise adoption of...
Bank Of Ireland and Tsys Together Host Open Dat Hack
Bank of Ireland and Tsys have jointly decided to present an open data hack, a competition for hackers, coders and data fans to design...
RETAIL BANKING
SBI teams up with Digital Assets for ‘smart yen’
Financial services group SBI Holdings (SBI) is making a strategic investment in Digital Assets to develop a programable currency for the Japanese market through...
