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The European Union has revealed a Digital Identity Wallet in a bid to cater to the needs of its citizens, residents, and businesses.
product launch, digital identity, data privacy, identity verification
Open reputation protocol Karma3 Labs has secured USD 4.5 million in fresh capital to increase trust in web3 with ratings and recommendations.
blockchain, funding, fraud prevention, cryptocurrency, NFT
Expanding on the rationale behind funding and M&A activity in regtech and IDV, today we present the technology vendors in the space that have made headlines since the beginning of 2023.
identity fraud, regtech, merger, acquisition, funding, AI, machine learning, KYC, AML
Axelar, Oasis Pro, and Provenance Blockchain have joined forces with Onyx by J.P. Morgan and Apollo in Monetary Authority of Singapore’s (MAS) Project Guardian.
blockchain, digital assets, tokenization, cryptocurrency, personal finance management
Crypto trading app OKX has integrated with Web3 gaming ecosystem P12 to offer users an easy connection to a sustainable gaming economy.
web3, crypto, DeFi, blockchain, NFT, digital wallet, API, smart contracts
Brazil has signed a decree which clarifies the roles the country’s central bank and securities regulator will have regarding cryptocurrencies.
Bitcoin, blockchain, cryptocurrency, regulation, CBDC, central bank
Sweden-based Shido Wallet has released its integration with Alchemy Pay’s off-and-ramp solution to improve the accessibility of the Shido ecosystem.
product launch, digital wallet, cryptocurrency, digital assets
Lucy Whitehead and Colombe Herault from Worldline explain how identity connects to payments and why it is important for the two of them to interact at the point of payment.
digital identity, payments , merchants, digital payments, data, banks, biometrics, credit card, debit card, KYC
NEAR has announced that it is becoming the Blockchain Operating System (BOS), introducing a common layer for browsing and discovering open web experiences, compatible with all blockchains.
blockchain, crypto, DeFi, Web 3.0
The Pakistan Banks’ Association has signed a contract for the implementation of a blockchain-based know your customer (KYC) platform.
banks, blockchain, KYC, regulation
Cryptocurrency platform Mercado Bitcoin has successfully tested a tokenized version of the Brazilian digital real using the Stellar network.
cryptocurrency, CBDC, central bank, blockchain
The Paypers analysed significant investments in the fintech industry for Q4 2022, which saw a surge in funding that surpassed pre-pandemic levels despite a global decrease from 2021. Funding rounds indicate a preference for paytech, super apps for ecommerce, and digital lending.
Open Banking, Open Finance, embedded finance, online payments, lending, cryptocurrency, investment, The Paypers Quarterly Analysis series
Germany-based asset manager DZ Bank has partnered with Switzerland-based Metaco to include digital asset management into its service portfolio.
partnership, digital assets, banks, blockchain
Mastercard has partnered Web3 payment protocol Immersve to allow users to conduct crypto payments in Web3 via USDC settlements.
partnership, web3, crypto asset, digital payments, stablecoin
Finastra, a financial technology company, has been rumoured to explore a sale of its banking unit for as much as USD 7 billion.
banks, payments , merger, fintech, financial services
Stablecoin-issuing protocol e-Money has ceased its issuance of the EEUR stablecoin in the context of current market conditions.
stablecoin, cryptocurrency, Issuer, fintech
The UK has enforced a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting from January 1, 2023.
crypto, regulation, cryptocurrency, investment, DeFi
Credefi, a crypto peer-to-peer lending platform, has announced it now has the right to position itself as ‘Credefi – Powered by Experian’.
partnership, crypto, Open Banking, fintech, API
SeedOn, a Romania-based blockchain crowdfunding platform, has unveiled several new features to its wallet, SeedOn Finance, ahead of the upcoming launch of its equity crowdfunding platform.
funding, crowdfunding, blockchain, digital wallet
Stablecoin provider Circle is no longer set to list publicly via a merger with Concord Acquisition Corp, in a decision that has been approved by the directors of both entities.
stablecoin, merger, IPO, crypto