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Gemini Gains In-Principle Approval from MAS for Cross-Border and Crypto Payment
- Singapore remains central to APAC operations as the firm works towards full MPI licensing.
- Earlier this year, Gemini obtained approval from the regulator to launch its services in France.
Tuesday, 29/10/2024 | 11:43 GMT by
Tareq Sikder
B2C2 and OpenPayd Partner for Fiat Transactions in Crypto Trade Settlements
- The collaboration allows institutional clients faster fiat onboarding and real-time payment solutions.
- With the integration, B2C2 has increased access to BaaS features for its digital asset clients.
Monday, 28/10/2024 | 09:33 GMT by
Tareq Sikder
39% of Retail Investment Firms Cite Excessive FCA Data Requests, Survey Shows
- Retail Banking and Digital Assets firms show the highest trust in FCA’s effectiveness at 71%.
- The survey includes responses from 25,000 firms across various financial sectors.
Wednesday, 23/10/2024 | 10:09 GMT by
Tareq Sikder
Real-Time Payments to Boost Global GDP by 74% in Five Years
- ACI Worldwide’s research showed that real-time payments contributed $164 billion to global GDP.
- Real-time payments are also promoting financial inclusion, with over 167 million new bank accounts expected to be created by 2028.
Monday, 21/10/2024 | 13:17 GMT by
Jared Kirui
Stripe and FreedomPay Collaborate for Enterprise Solutions over 1,000 POS Systems
- The collaboration allows companies to integrate Stripe’s payment tools with FreedomPay-supported card readers.
- Stripe is investing in contactless payment solutions like Tap to Pay on Android and in new NFC applications.
Wednesday, 09/10/2024 | 16:41 GMT by
Tareq Sikder
Wirex Pay Rolls Out Non-Custodial Wallet for Global Crypto Transactions
- The app's early access is now live for select users, allowing crypto payments in over 200 countries.
- The platform uses ID verification to protect accounts and grant users control over their assets.
Wednesday, 09/10/2024 | 09:47 GMT by
Tareq Sikder
The Future of Digital Payment Trends Heading into 2025
- Can the pace of innovation reconcile growing demands in 2025?
Wednesday, 02/10/2024 | 06:07 GMT by
Jeff Patterson
Stripe Scales Up with New Toronto Office amid 50% Growth in Payment Volume
- The firm offers products like Tap to Pay on iPhone and usage-based billing to assist Canadian businesses.
- The company is hiring for engineering, product management, sales, and design roles at its new office.
Friday, 27/09/2024 | 08:28 GMT by
Tareq Sikder
Revolut Prepares for 2025 Mexico Launch after Obtaining Banking License
- According to the CEO, over 100,000 people are on the waiting list to become customers.
- The company plans to offer a no-limit bank account and free international transfers at launch.
Thursday, 26/09/2024 | 15:18 GMT by
Tareq Sikder
FCA Wants to Tighten Grip on Regulated Firms to Better Shield Customer Cash
- The UK's regulator has proposed new rules to strengthen safeguarding practices in payments and e-money services.
- It plans to replace the current regime with a CASS-style framework, with final interim rules expected in early 2025.
Wednesday, 25/09/2024 | 09:46 GMT by
Damian Chmiel
38% of Payment Advisors Believe AI Will “Decrease Need for Business Analysts”: Report
- SEPA Regulation requires payments to be processed in under 10 seconds, driving infrastructure upgrades.
- US is more optimistic about AI reducing headcount, with 42% expecting it versus 34% in the EU, according to RedCompass Labs.
Tuesday, 17/09/2024 | 13:39 GMT by
Tareq Sikder
Ebury Kicks Off Partnership with AS Monaco for Upcoming Ligue 1 Season
- As part of the partnership, the firm’s branding will be displayed on the club’s training kit.
- The firm provides payment services, lending, FX risk management, and Mass Payments solutions.
Wednesday, 11/09/2024 | 13:16 GMT by
Tareq Sikder
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