Latest News – Page 266

Currensea Surpasses Crowdfunding Goal

Travel debit card Currensea has successfully raised over £1.7 million from 760 investors on the crowdfunding platform Seedrs within just four hours. Initially, Currensea aimed...

Ripple Contributes $25 Million to Crypto Super PAC

Ripple is investing $25 million into Fairshake, a federal super political action committee (PAC) that supports pro-crypto candidates for the 2024 U.S. elections. This latest...

New UK Government Should Require Big Tech to Fund Scam Prevention Efforts

The next UK government should introduce a bill that requires technology, social media, and telecom firms to contribute £40 million annually to combat fraud and...

BNZ Purchases Open Banking Fintech BlinkPay

Bank of New Zealand (BNZ) has acquired Māori open banking fintech BlinkPay, which was established in 2015 and connects with local banks to offer a...

RBI Promotes Fintech Self-Regulation Through New Framework

The Reserve Bank of India (RBI) has finalized its Framework for Recognizing Self-Regulatory Organisations for the Fintech Sector (SRO-FT) following the collection of feedback on...

Stripe cites regulatory challenges as reason for shift to invite-only model in India

Payments giant Stripe is transitioning to an invite-only model for new clients in India as it develops the necessary infrastructure to navigate an evolving regulatory...

Coinbase Contributes $25 Million to Cryptocurrency Super PAC

Coinbase has recently joined Ripple in donating $25 million to Fairshake, a federal super political action committee (PAC) supporting pro-crypto candidates in the upcoming 2024...

Ethos Collaborates with Thought Machine for Shariah-Compliant Banking Solutions

A new digital financial services provider, Ethos, has launched in the UK to offer Shariah-compliant services for Muslims. Ethos is utilizing cloud-based core banking technology...

Eurex Clearing Concludes DLT-Based Cash Settlement Trials in Collaboration with Banque de France

Eurex Clearing has successfully tested the settlement of cash over a distributed ledger operated by the Banque de France. These tests are part of the...

Americans Suffered $5.6 Billion in Crypto-Related Fraud in 2023

Americans lost over $5.6 billion to cryptocurrency-related fraud scams in 2023, marking a 45% increase from the previous year, according to the FBI. Although the...