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The European Central Bank has announced plans to allocate up to EUR 1.2 billion to contractors to develop features facilitating offline payments for a retail digital euro.
cryptocurrency, investment, CBDC, payments
Amidst challenges faced by prominent Ukrainian economic sectors, the fintech industry boldly advances domestically and internationally. What propels its growth? Rostyslav Dyuk, Chairman of the Board of the Ukrainian Association of Fintech and Innovation Companies, provides key insights.
fintech, Open Banking, digitalisation, ecommerce
Brazil has announced its plans to launch a real-world suite of digital tests for its CBDC, focusing on protecting the privacy of financial data and transactions.
product launch, fraud prevention, cryptocurrency, digital currency, fraud management, CBDC
The UK Centre for Digital Trade and Innovation (C4DTI) and the Electronic Transaction Development Agency (ETDA) have partnered to improve trading between the UK and Thailand.
partnership, trading, trade finance, cross-border payments, cross-border logistics, digitalisation, payments , digital trade
As presented by The Cointelegraph, Blockchain4Ukraine — a group of pro-crypto Ukrainian lawmakers — and the public union Virtual Assets of Ukraine (VAU) have revealed a joint roadmap for promoting and developing Web3 in the country.
web3, Russia Ukraine War, blockchain, Bitcoin, cryptocurrency
Mastercard has partnered with Copenhagen Fintech to strengthen the collaboration with the Nordic fintech ecosystem.
MasterCard, fintech, partnership, startup, expansion
The Paypers explores regulatory trends in Europe and the UK and the potential regtech unicorns and IDV kings that enable fintechs/banks to build effective compliance programmes and manage fraud.
identity verification, regtech, digital identity, financial crime, fraud prevention, cryptocurrency, KYC, artificial intelligence
The Czech Republic’s government has initiated a European Union (EU)-backed project to ‘unlock the potential’ of fintech applications and the use of data in financial services, according to Global Government Fintech.
regulation, Open Banking, Open Finance
The Central Bank of Brazil has chosen nine partners to help develop Brazil's Central Bank Digital Currency (CBDC).
central bank, banks, partnership, CBDC, digital currency
digital payments, fintech, B2B payments, EPI, PSP
More than a dozen progressive organisations are pressuring the Biden administration to enact a rule that would force banks to give customers access to their own financial data, according to The Intercept.
banks, data sharing, financial data, fintech
The Paypers' Mirela Ciobanu dives deeper into how digital money can affect cross-border payments, and the challenges merchants have to face when trading internationally
The Paypers, digital money, cross-border payments, trading, COVID-19, ecommerce, currencies, supply, payment methods, regulations, global merchants, payment ecosystem, PSP, CBDC, crypto, stablecoin
The Libra Association has announced rebranding plans to distance itself from the original Facebook-led vision rolled out in 2019, according to CoinDesk.
Novi, Facebook, Libra, blockchain, remittances, Diem, Stuart Levey, payments
Douwe Lycklama, Innopay: After years of cash reduction in favour of commercial banks debt money, now central banks can regain some of their position once held in a cash society
Douwe Lycklama, INNOPAY, CBDC, central bank digital currency, programmable money, digital wallet, tokens, decentralised finance, DeFi, US, Central banks
During Data Sharing Days, 2020, The Paypers interviewed Julia Janssen, one of the most influential Dutch artists of her generation and initiator of the 0.0146 seconds project
Data Sharing Days, data privacy, digital identity, data sovereignty, Julia Janssen, big techs, INNOPAY
What is the connection between number 55, rock music, and Afsprakenstelsel? The Data Sharing Days Conference, held in rainy Hague.
Afsprakenstelsel, payment, logistics, technology, energy, data sovereignty, data privacy, data, INNOPAY, data sharing, Mariane ter Veen, iSHARE
Colu, a city app and digital wallet solution for smart cities, has partnered with Tel Aviv Municipality and the Tel Aviv Foundation, to develop financial tools to strengthen urban resilience.
Colu, partnership, digital wallet, smart cities, Tel Aviv Municipality, Israel, Financial Tools, shopping
Nacha and its Payments Innovation Alliance, jointly with the US Faster Payments Council have launched the Faster Payments Playbook.
Nacha, Payments Innovation Alliance, US faster payments council, Faster Payments, ACH, B2B payments, United States, US, Automated Clearing House, ACH network, The Faster Payments Project Team, payments
South Korea has announced it is launching 10-bank pilot of Open Banking system, according to Regulation Asia.
South Korea, Open Banking, banks, innovation, regulation, fintech
Jan Dings, senior product manager at SWIFT, discusses the co-operative’s smart contract-based SSI solution, which will be demoed at Sibos 2019 on Tuesday, 24 September 2019
Jan Dings, SWIFT, SIBOS, Standing Settlement Instructions, payments , smart contracts, distributed ledger technology