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Elon Musk has revealed his plans to bring Twitter into the payments space during a livestreamed meeting with advertisers hosted on Twitter Spaces.
payments , online payments, social commerce, product upgrade
China-based social media platform TikTok is due to enter a partnership with TalkShopLive to launch TikTok Shop in the US.
partnership, ecommerce, livestream shopping, expansion, social commerce, marketplace, online shopping
Atom Bank has called off GBP 700 million merger with special purpose acquisition company (SPAC) but may still IPO on the London Stock Exchange.
IPO, merger, acquisition, challenger bank, fintech
Iran has made its first official import order using cryptocurrency, in a move that could allow the Islamic Republic to circumvent US sanctions that have crippled the economy.
cryptocurrency, crypto asset, cross-border payments, central bank
Iran has announced a four-month ban on the energy-consuming mining of cryptocurrencies such as Bitcoin after cities suffered unplanned blackouts.
cryptocurrency, mining, Bitcoin, banks
China’s government has accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps, according to The Associated Press.
China, Donald Trump, Alipay, WeChat Pay, mobile apps, Tencent, conflict
PNC Financial Services Group is nearing an all-cash deal to buy the US business of Spanish banking group BBVA for more than USD 10 billion, according to Reuters.
PNC Financial Services Group, BBVA, banking, acquisition, US, investment, financial services
TikTok, a Chinese video app, has announced its intention to launch legal action to challenge a ban imposed by US President Donald Trump.
TikTok, ByteDance, Donald Trump, data, China, US, trade war, TikTok ban
The Internal Revenue Service (IRS) announced that it has issued the first round of COVID-19 stimulus payments to individuals and more money will be coming soon, Newsy reported on April 13, 2020.
COVID-19, IRS, loans, AID, US, rescue fund
fintech, Intuit, PayPal, SBA, US, lending, coronavirus, QuickBooks Capital
Arwen Smit, Identity Reboot, privacy, identity, behavioural manipulation, deep fakes, data, biometrics, blockchain, autonomy, authorisation, GDPR, regulations, fingerprints, data privacy
Bitfinex, a large cryptocurrency exchange, has issued a statement regarding the recently launched “El Petro” (PTR) refusing to list the state-issued cryptocurrency.
Bitfinex, Petro, cryptocurrency, Venezuela, US ban, cryptocurrency exchange
On March 19 the US President Donald Trump issued a trading ban on Venezuela’s Petro cryptocurrency, however some reports say Russia helped the Venezuelan government launch it.
Petro, virtual currency, cryptocurrency, Bitcoin, Venezuela, economic crisis, Latin America, crypto
Tomorrow, banking will be just part of a fabric of structure and we will think more about how we value things than about money itself
Chris Skinner, interview, banking, challengers, blockchain, digital banking, machine learning, disruption, paradigm shift