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MetaMask and CoinLedger augment tax reporting for users

News | Cryptocurrencies | 20 Mar 2024

Web3 wallet MetaMask has partnered with CoinLedger to allow its users to export their tax information via the latter’s tax reporting software, with a single click.

tax bill, cryptocurrency, digital wallet, web3, partnership

Metropolitan Commercial winds down its BaaS programme

News | Online & Mobile Banking | 04 Mar 2024

US-based Metropolitan Commercial Bank has decided to wind down or limit its banking-as-a-service (BaaS) programme by the end of the year.

BaaS, financial services, banks, compliance

Sainsbury's to withdraw from banking

News | Online & Mobile Banking | 18 Jan 2024

Sainsbury’s has announced its decision to wind down its banking businesses and offer financial products through third parties, focusing on its core retail operations.

banking, online banking, mobile banking, digital banking, financial services, financial institutions

Embedded Finance and BaaS: the power couple of finance

Voice of the Industry | Online & Mobile Banking | 10 Oct 2023

Oana Ifrim, The Paypers: The synergy between Embedded Finance and Banking-as-a-Service (BaaS) redefines the fintech landscape, offering convenience and accessibility beyond traditional banking institutions.


fintech, embedded finance, embedded payments, BaaS, financial data, financial services, ecommerce, payments , TPP, banks

Citi sells onshore consumer wealth portfolio in China to HSBC Bank

News | Online & Mobile Banking | 09 Oct 2023

US-based Citi has agreed to sell the onshore consumer wealth portfolio in China to the HSBC Bank China, as part of its broader global strategy refresh.

acquisition, mobile banking, online banking, digital banking, financial services, financial institutions, wealth management

MAS reveals main features of its stablecoin regulatory framework

News | Cryptocurrencies | 16 Aug 2023

The Monetary Authority of Singapore has revealed the main features a regulatory framework that aims to ensure value stability for stablecoins.

cryptocurrency, stablecoin, regulation, digital currency

Coinsquare, WonderFi, and CoinSmart merge successfully

News | Cryptocurrencies | 11 Jul 2023

Canada-based Mogo has announced that Coinsquare, WonderFi, and CoinSmart have completed their business combination transaction.

digital assets, cryptocurrency, trading platform, merger, acquisition

Wyre is preparing to shut down its operations

News | Cryptocurrencies | 19 Jun 2023

US-based crypto payments firm Wyre has announced its decision to wind down its operations to protect its users and stakeholders.

cryptocurrency, digital assets, crypto, digital payments

US SEC files a complaint against Bittrex

News | Cryptocurrencies | 20 Apr 2023

The US SEC has charged Bittrex with operating an unregistered national securities exchange, broker, and clearing agency.

cryptocurrency exchange, regulation, compliance, financial services

Nets partners with Visa and Mastercard

News | Online Payments | 14 Mar 2023

The Network for Electronic Transfers (NETS) Group has announced that will now support Visa and Mastercard payments, as a partnership with the two card networks. 

partnership, online payments, digital payments, payments , card scheme, ecommerce

Visa and Mastercard halt crypto partnerships due to market conditions

News | Cryptocurrencies | 01 Mar 2023

Visa and Mastercard have decided to wind down their partnerships with crypto firms due to the current state of the crypto industry.

payment processor, cryptocurrency, digital assets, crypto

Tesco considers selling its banking arm

News | Online & Mobile Banking | 21 Feb 2023

Multinational retailer and supermarket chain Tesco has started to consider the sale of its banking arm, Tesco Bank, including a potential joint venture.

online banking, digital banking, banking, financial institutions

Paysera invests in wind and solar parks to generate green energy

News | Online Payments | 13 Feb 2023

Fintech company Paysera has announced the acquirement of a 1,5 MW solar park and a 600-kW wind farm on the park’s land in the southwest of Lithuania. 

acquisition, online payments, ecommerce, payments

E-Money halts the issuance of the EEUR stablecoin

News | Cryptocurrencies | 12 Jan 2023

Stablecoin-issuing protocol e-Money has ceased its issuance of the EEUR stablecoin in the context of current market conditions.

stablecoin, cryptocurrency, Issuer, fintech

Scotiabank introduces USD 1.50 digital transfer fee

News | Online & Mobile Banking | 11 Jan 2023

Scotiabank has announced it will introduce a USD 1.50 fee for digital transfers to other banks starting with February 10, 2023.

banks, digital banking, online banking, digitalisation, transactions

Russia's VTB Bank targeted by a DDoS attack

News | Digital Identity, Security & Online Fraud | 07 Dec 2022

Russia-based VTB Bank has suffered the largest cyber-attack in its history and is having technical difficulties as a result.

hacking, banks, online security, data breaches

Xiaomi winds down financial services business in India

News | Payments General | 31 Oct 2022

Xiaomi has discontinued its financial services in India approximately three years after rolling out payment and lending apps in the market.

lending, regulation, instalment payments, digital payments

MAS proposes new measures regarding crypto trading and stablecoins

News | Cryptocurrencies | 28 Oct 2022

The Monetary Authority of Singapore (MAS) has published two consultation papers aimed at reducing the risk of consumer harm from crypto trading and supporting stablecoins.

cryptocurrency, stablecoin, regulation, Monetary Authority of Singapore (MAS), digital assets

Bank North to wind down

News | Online & Mobile Banking | 04 Oct 2022

Bank North, a UK-based neobank for small and medium enterprises, has announced it is set to wind down after failing to raise a new funding round.

banks, SMEs, neobanks, banking license, funding

Bottomline acquires Nexus Systems

News | Payments General | 14 Sep 2022

Bottomline, a provider of financial technology, has acquired Nexus Systems, a provider of accounts payable (AP) and payments automation software.

acquisition, accounts payable, payments , financial institutions, digitalisation