Messaging Platforms Transforming Crypto Payments: A New Era
Messaging platforms like WhatsApp, Telegram, and Signal are reshaping crypto payments by integrating wallets and bots. These features enable easy, fast, and secure transactions, enhance financial inclusion, and leverage blockchain's ... Read More
Enfuce Launches Innovative 2-in-1 Debit and Credit Card in the UK
Enfuce has introduced a 2-in-1 debit and credit card in the UK, combining both features into one card. It offers flexibility, advanced security, and a user-friendly app for managing transactions. This launch underscores Enfuce's commitment ... Read More
FCA Files Criminal Charges Against Crypto ATMs Network Operator
The FCA has filed its first criminal charges against an operator of a crypto ATM network for operating without registration and violating AML laws. This action marks a significant step towards stricter regulation of the UK's crypto ... Read More
FBI Reports $5.6 Billion Lost to Crypto Fraud in 2023
The FBI reported that Americans lost $5.6 billion to cryptocurrency fraud in 2023, mainly due to online scams, phishing attacks, and fake investment schemes. The agency urges vigilance and caution, advising users to protect their ... Read More
New Zealand Regulator Examines AI in Financial Services
New Zealand's financial regulator has released a comprehensive study on the application of artificial intelligence in the financial services industry. The research highlights both the potential benefits and the regulatory challenges posed ... Read More
Japanese Banks Test Stablecoin for Cross-Border Payments
Japanese banks are piloting stablecoin-based cross-border payments to enhance transaction efficiency, cut costs, and integrate blockchain technology into traditional financial systems. This project reflects Japan's commitment to financial ... Read More
Revolut Launches Innovative Bill Payment Solution for Business Clients
Revolut has introduced a new bill payment facility for businesses, enabling them to streamline their payment processes, reduce administrative tasks, and gain better control over expenses. The service integrates with existing Revolut ... Read More
Payment Fraud Hits One in Five Canadian Businesses in the Last Six Months
A recent survey reveals that one in five Canadian businesses experienced payment fraud in the past six months. The report highlights rising concerns about the increasing sophistication of fraud schemes, the financial impact on businesses, ... Read More
UAE Strengthens Financial Crime Regulations with New AML Strategy
The UAE has strengthened its financial crime regulations with a new Anti-Money Laundering (AML) strategy. This strategy introduces stricter reporting requirements, enhances international cooperation, and imposes tougher penalties on ... Read More
Paysharp Receives RBI Nod to Operate as Payment Aggregator
Paysharp, a fintech startup in Chennai, has received authorization from the Reserve Bank of India (RBI) to operate as a payment aggregator. This approval allows Paysharp to enhance its payment solutions for businesses, focusing on small ... Read More