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Digital identity experts, Lucy Yang & Kaliya Young explain the journey and value of the Modular Open Source Identity Platform (MOSIP) in providing governments with ‘open’ tools to build foundational ID systems.
digital identity, digital wallet, EIDAS, verifiable credentials, data protection, decentralized identity
US-based Worldwide Asset Exchange (WAX) has partnered with Amazon Web Services (AWS) to integrate the WAX network into the Amazon Managed Blockchain (AMB) service.
web3, blockchain, ecommerce, digital assets, NFT
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps and commerce solutions, and Buy Now, Pay Later services.
investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs
Singapore-based Web3 trading wallet Bitget Wallet has launched its BWB ecosystem token along with a BWB Points airdrop event.
product launch, cryptocurrency, digital wallet, web3
Ethereum wallet provider MetaMask has partnered with Mastercard and reportedly entered the testing phase for a new cryptocurrency payment card.
partnership, digital payments, digital wallet, web3
US-based crypto wallet company Fordefi has secured USD 10 million in venture capital investment to expand its crypto wallet to retail-facing platforms.
investment, funding, cryptocurrency, digital wallet, DeFi
James Butland, VP of Payment Network at Mangopay, discusses the future of cross-border payments, and how they can be processed seamlessly by companies to boost conversion rates.
cross-border payments, Global Payments, marketplace, online platform, FX
Germany-based identity proofing platform IDnow has entered a consortium that focuses on making crypto assets compliant with new EU regulations.
cryptocurrency, digital assets, regulation, compliance, identity verification
Cryptocurrency exchange OKX has announced its expansion into the Argentinian market as part of its ongoing strategy to tap the Latin American market.
cryptocurrency exchange, DeFi, digital wallet, web3, expansion
Wirex has introduced early access to WPay, a decentralised payment network, leveraging the Wirex platform's capabilities.
DeFi, network tokenisation, crypto, digital assets
Singapore-based, Alchemy Pay, has launched its fiat-crypto on-ramp payment services on Bitcoin.com's web portal.
cryptocurrency, crypto, Bitcoin, web3, partnership
Mina Mitkova, Chief Operating Officer at Finance Incorporated Limited, tackles digital payments as a means of better economic fairness, together with the benefits of instant payments and developing an in-house solution.
digital payments, online payments, BNPL, e-wallet, digital wallet, payments , account-to-account payment, SEPA, SEPA Payment Account Access Scheme, decentralized identity, cryptocurrency, digitalisation, POS, Issuer, acquisition
US-based digital payments company Block has launched the Bitkey self-custody bitcoin wallet to improve access to self-custody in multiple countries.
product launch, digital assets, cryptocurrency, Bitcoin
Web3 company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, providing a secure gateway to decentralised finance (DeFi) and crypto trading.
cryptocurrency exchange, web3, product launch, DeFi, NFT
Cryptocurrency exchange Binance has rolled its own self-custodial Web3 wallet that can be used to interact with the decentralised finance (DeFi) ecosystem.
web3, digital wallet, DeFi, blockchain, fraud management
Netherlands-based banking and financial services company Rabobank has privatised the Datakeeper ID wallet solution.
product upgrade, banks, financial services, data protection
Hamish Johnston and Thibault Pele from Worldline discuss the categorisation of Embedded Finance, how it merges with Web3, and its impact on DeFi.
embedded finance, web3, DeFi, financial services, financial inclusion, embedded payments, transactions , embedded lending, BNPL, instalment payments
Cayman Islands-based Bitget Wallet has launched a keyless MPC wallet solution to minimise the entry barrier for digital wallet users.
web3, cryptocurrency, digital wallet, product launch
The Consumer Financial Protection Bureau (CFPB) has proposed a Personal Financial Data Rights rule set to expedite the shift to Open Banking in the US and jumpstart competition.
regulation, Open Banking, financial data, fintech, Open Data Economy, data sharing