Paxos secures Singapore MPI licence and DBS Bank partnership for stablecoin issuance
Singapore becomes the third market worldwide where Paxos is licenced to issue stablecoins.
Singapore becomes the third market worldwide where Paxos is licenced to issue stablecoins.
Silvergate announced it was winding down crypto-focused Silvergate Bank in March 2023.
The consent order, effective 21 May, mandates Thread Bank to enhance its oversight of its BaaS programme.
How can financial institutions strike a balance between speed and safety with instant payments?
Our pick of the top fintech news stories this week includes Klarna, iBusiness Funding, Norm Ai, Nubank and more.
Privacy, offline functionality and possession caps are the key focus points of the progress report.
The investment brings the total raised by Norm Ai over the past 11 months to $38 million.
In this podcast episode, we chat with Zac Maufe, Head of Regulated Industries at Google Cloud.
Our pick of the top fintech news stories this week includes Sainsbury’s, Viva Wallet, Laybuy and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Fintech founders discuss a decade of shifting perspectives and practices.
The review will begin after the Australian government evaluates the Payment Systems Regulation Act 1998.
HSBC says it plans to appeal FINMA’s ruling.
The exchange allegedly violated the country’s Prevention of Money Laundering Act (PMLA).
DORA has no appetite to understand why your selective facts are better than the whole truth.
The Swiss regulator has found the challenger bank to be in a “serious breach of supervisory law”.
AstroPay blocked by the regulator from accepting new customer funds and providing payment services.
Arash Izadpanah will transition from CEO to chief risk officer.
Use cases, pathways and challenges to implementation, and the evolving regulatory frameworks.
Moldindconbank is to leverage the vendor’s open banking compliance solution.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Robinhood set to leverage Bitstamp’s 50+ global licenses to fuel its planned expansion.
Leading figures from financial services gathered in Amsterdam for day two of Money20/20 Europe on Wednesday.
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
The PSR will commence the recruitment process for a new permanent MD after the UK general election.
Cyprus has emerged as a thriving tech hub over the past decade.
The settlement will see Visa pay $104.6m, while Mastercard will pay $92.8m.
The framework also highlights the controls which will help firms mitigate governance and asset management risks.
The OCC has ordered the bank to create a compliance committee as part of the action.
The new bank says it plans to start lending “later this year”.
N26 says it has implemented “numerous measures to further improve reporting processes” since 2022.
FinTech Futures speaks with FinVolution about how the financial sector can tackle the threat of deepfakes.
BNPL firms will now be required to investigate disputes, refund returned products and provide billing statements.
Mercado Pago GM Pedro Rivas says the firm’s ambition is to become “the largest 100% digital bank in Mexico”.
The total penalty consists of a £33,880,000 fine from the PRA and a £27,766,200 fine from the FCA.
Industry leaders convened in San Francisco on Tuesday to kick off FinovateSpring 2024.
The findings are from the regulator’s newly published interim report on scheme and processing fees for cards.
The regulator says it is suing the firm for “deceiving borrowers and illegally extracting fees”.
Our pick of the top fintech news stories this week includes BBVA, Deutsche Bank, Lemonway and more.
Through this acquisition, Cube aims to “set a new bar for the industry in regulatory automation”.