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US-based payment technology corporation Mastercard has planned to increase fees for credit and debit card transactions by nearly USD 250 million.
digital payments, interchange fee, credit card, debit card, merchant, ecommerce
The European Banking Authority (EBA) has initiated a consultation on the guidelines for the orderly redemption of asset-referenced or e-money tokens.
e-money, cryptocurrency, digital assets, regulation, compliance
The European Council and the Parliament have reached an agreement to host the upcoming European Anti-Money Laundering and Countering Terrorist Financing (AMLA) in Frankfurt.
AML, money laundering, CFT, fraud management, fraud detection
Coinbase Commerce has announced its decision to discontinue support for Bitcoin and similar UTXO coins.
Bitcoin, blockchain, crypto asset, cryptocurrency exchange, tokenization
Cryptocurrency exchange FTX has revealed its intention to repay its customers in full as long as they can prove their losses.
cryptocurrency, cryptocurrency exchange, regulation, digital assets
Using the metaphor surrounding the joys and frights of sailing unchartered waters, Jovi Overo, Managing Director of Banking-as-A-Service, Unlimit, shares tips for international businesses looking to expand their offerings.
cross-border payments, cross-border ecommerce, e-wallet, BaaS, fintech, digital payments
Cryptocurrency exchange Coinbase has been scrutinised by a federal judge in Manhattan and the US Securities and Exchange Commission.
US-based neobank Dave had announced the repurchase of a convertible promissory note for USD 71 million, originally issued to FTX for USD 100 million.
acquisition, online banking, digital banking, mobile banking, banking, financial services, financial institutions
The estate of the collapsed crypto enterprise FTX has officially submitted a proposal to end bankruptcy in a court in the US.
cryptocurrency, cryptocurrency exchange, digital assets, crypto
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
The European Banking Authority (EBA) has proposed conflict of interest standards for asset-referenced tokens under MiCAR.
regulation, MiCA, digital assets
Amazon Pay has launched a service that enables two-way video communication in sign-language between Amazon Pay employees and customers in India.
product launch, customer experience, financial inclusion, KYC, digital payments
The European Banking Authority (EBA) has launched a public consultation to explore new Guidelines for the prevention of money laundering.
regulation, AML, cryptocurrency, fraud management
The European Banking Authority (EBA) has unveiled a set of proposals outlining requirements for issuers of stablecoins.
cryptocurrency, stablecoin, regulation, compliance
Zilvinas Bareisis: At Celent, we define Embedded Finance as the discovery and acquisition of tailored financial services products at the point of need within the digital experience curated by a non-bank third party.
embedded finance, digital wallet, embedded payments, digital payments
Jeff Tijssen from Bain & Company helps differentiate Embedded Finance from BaaS, who stands to benefit from them, and how the future might look like.
fintech, BaaS, embedded finance, banking, ecommerce
Finland-based HMD Global has updated its Nokia 2660 flip phones to support UPI Scan and Pay in a bid to make digital transactions easier and more secure.
mobile payments, product upgrade, UPI, mobile banking
Jason Mikula, the publisher of Fintech Business Weekly, dives deep into the topic of Banking-as-a-Service, how it sets apart from Embedded Finance, and how banks can leverage BaaS.
embedded finance, BaaS, fintech, banking, regulation, banks
We sat down with Erik Howell, Partner at Flagship Advisory Partners, to discover relevant use cases for Embedded Finance, how banks can leverage it, and more.
embedded finance, BaaS, banks, fintech
ASIC has taken legal action against eToro, an online investment platform, in the Federal Court, to protect consumers from high-risk CFD products.
regulation, data breaches, digital assets, cryptocurrency, online fraud