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Bahamas-based wealth management company RF Group has chosen ERI’s OLYMPIC Banking System as their new core banking platform.
banking, digitalisation, partnership, wealth management
Payments expert Piet Mallekoote continues The Paypers CBDC series with a focus on the digital euro: what are its objectives, potential risks, work done so far, and future outcomes.
European Commission, digital euro, CBDC, cash, online payments, banks, EPI, digital identity
Dr. Michael Salmony, CEO of Payments Innovation Consulting, launches The Paypers' Central Bank Digital Currencies (CBDCs) series, exploring the evolution of money from traditional banknotes to digital CBDC.
CBDC, banks, mobile payments, cash, DLT, network tokenisation, financial crime, financial inclusion
EBANX has unveiled its new Product Series containing anti-fraud measures, B2B payment processing updates, and more for 29 countries in LATAM, Caribbean, Africa, and Asia.
payment processing, fraud prevention, B2B payments, payment methods, chargebacks
Payment platform Paysafe has strengthened its partnership with retail trading provider Eightcap with the launch of an embedded trading wallet solution.
product launch, embedded finance, trading platform, digital wallet, FX , fintech, paytech, crypto, payments , retail, API
Stablecoin issuer Tether has partnered with Bahamas-based Britannia Bank & Trust as US banks distance themselves from crypto.
stablecoin, partnership, banks, money transfer
CBDCs can offer economic benefits, but require secure CBDC infrastructure, effective education, and communication. Thibault Pelé, Product Manager at Worldline, discusses the adoption of CBDCs across the world and its struggles, which could be used as case studies for other central banks diving into the trend.
CBDC, banks, mobile banking, online banking, digital banking, central bank, financial inclusion, instant settlement, settlement, e-wallet, digital wallet, digital payments, payments , online payments, mobile payments
FTX Japan, the Japanese arm of bankrupt crypto exchange FTX, has resumed customer holding withdrawals through the Liquid Japan platform.
cryptocurrency, digital assets, cryptocurrency exchange, crypto
CRYPTO is the umbrella term for the industry and cryptocurrency is the digital asset native to the public blockchain. In today’s instalment, we aim to distinguish between some forms of digital money.
crypto, blockchain, tokenization, NFT, stablecoin, digital assets, DeFi, Web 3.0, metaverse, cryptocurrency
Cryptocurrency exchange Binance has admitted to a mistake that involves storing user funds in a wallet alongside collateral.
cryptocurrency exchange, cryptocurrency, digital wallet, digital assets
The Bank of Spain has revealed an interest in exploring a collaborative central bank digital currency project with FIs and technology solution providers.
central bank, CBDC, blockchain, cryptocurrency
The Central Bank of Brazil has revealed its aim to launch a central bank digital currency (CBDC) in 2024 following a closed pilot programme.
CBDC, central bank, cryptocurrency, digital assets, regulation
Global digital asset exchange Gate.io has pledged USD 100 million as part of a liquidity support fund that aims to revive the crypto industry.
funding, digital assets, cryptocurrency, blockchain, cryptocurrency exchange
Cryptocurrency lending platform Nexo says it is ‘phasing out’ the US side of its operations, after unsuccessful talks with regulators.
cryptocurrency exchange, cryptocurrency, regulation, lending
Douwe Lycklama, founding partner at INNOPAY, formulates a lucid analysis of the context that lead to the FTX collapse, while detailing the important lessons that the crypto and larger economic market should learn and act on in the coming future.
cryptocurrency, cryptocurrency exchange, regulation, blockchain, FTT, Bitcoin
Blockchain and cryptocurrency infrastructure provider Binance has revealed plans to commit USD 1 billion for a cryptocurrency recovery fund.
cryptocurrency, funding, cryptocurrency exchange, blockchain
Binance has decided to walk away from a deal with FTX just 24 hours after it signed a letter of intent to purchase the company amid a liquidity crisis.
acquisition, cryptocurrency, digital assets, investment
Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies.
Swift messages, CBDC, blockchain, digital currency, crypto asset
Norges Bank officials have announced that Norway’s central bank digital currency (CBDC) prototype is based on Ethereum infrastructure.
CBDC, cryptocurrency, regulatory sandbox, Ethereum, product launch
The Nigeria Export Processing Zones Authority (NEPZA) has teamed with crypto FX Binance to create a virtual free zone for blockchain development.
product launch, Bitcoin, cryptocurrency, cryptocurrency exchange