Nicholas Racz noted that he will provide all the necessary support in areas such as monitoring the potential of all SSI deployed in different CeDeFi apps.
JPMorgan is looking to enter the UK booming FinTech market. However, it will be facing tough competition from FinTech challengers like Revolut, Monzo and Starling.
Chinese regulators have a bitter history with Ant Group beginning with Jack Ma’s criticism of national watchdogs, a trend that angered President Xi Jinping.
The platform plans to launch its first operation in the UK, starting with stable coins supported by the UK pound sterling.
El Salvador’s new wallet, the Chivo wallet, will cost Western Union and others a loss of over $400 million as adoption continues.
With this partnership, users of UATP’s network will enjoy faster, less expensive, and more secure transactions while booking their flights with their crypto holdings.
With the Paidy acquisition, PayPal gets a strong footing into the world’s third-largest e-commerce market. This deal will help PayPal to expand its capabilities, distribution and relevance in the domestic payments market in Japan.
Affirm already partners with Walmart, Shopify, Peloton, and other big e-commerce players.
The Reserve Bank of Australia revealed that payments made via digital wallets for in-person transactions grew to 8% in 2019, a 6% gain since 2016.
Traditional banks have objected to the demand from crypto firms citing that these players do not have right internal controls to handle illicit activities like money laundering.
A valuation of over $55 billion will make Nubank bigger than any other bank or fintech in Brazil.
Klarna now has over 90 million active users spread across more than 17 countries and processes 2 million transactions daily.
In a bid to advance the nationwide adoption of its Central Bank Digital Currency (CBDC), the Digital Yuan, about 35 commercial banks in China have integrated support for the new legal tender in their mobile apps.
The large community of Thailand nationals in South Korea can now remit funds through the platform powered by the GME and RippleNet.
Venmo credit cardholders can now buy crypto including BTC, LTC, ETH, and BCH, using cashback from other purchases, depending on purchase category.