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Monday, November 28, 2022

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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...

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

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...

MEDIA

TECHNOLOGY

Palm vein biometric payments; Aeon and Fujitsu team up

Aeon Financial Services and Fujitsu are teaming up to test palm vein biometric payments that will let shoppers pay for their groceries with their...

Monzo partners with TransferWise for international money transfer

Challenger bank Monzo has announced a partnership deal with Transferwise for cross-border money transfer to 16 countries. The Transferwise integration with the payments tab...

Citi invests in fixed income e-trading startup TransFicc

Citi made a strategic investment in UK-based electronic trading technology startup TransFicc for fixed income and derivatives markets. With the deal, Citi joins the existing...

SingHealth breach; Singapore’s banks to tighten customer checks

Singapore's banks have been told to tighten customer data verification processes following the recent SingHealth cyber attack, by which personal data of 1.5 million...

TD personalize its app with new AI-powered chatbot

TD Bank Group (TD) is introducing TD Clari ("Clari"), a new artificial intelligence-powered chatbot integrated into its banking app to offers a more...

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...

WHOLESALE BANKING

RISK

BLOCK CHAIN

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