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First Digital Trust announces $2.15M funding for Asian digital payments service
22.4.2021
The funding will be used to develop debit and credit card payment rails in Asia
Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions
26.2.2021
As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience. The digital payment services continue to expand...
Paypal to Expand Its Crypto Services Offering to the UK
15.2.2021
Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.” Results With the Paypal...
Amazon job postings hint at digital payments project to launch in Mexico
11.2.2021
Amazon has been silently working on a new digital currency project in Mexico, according to the company’s job postings
Bank of England Governor Insists Digital Payments (But Not Crypto) Is Sticking Around
25.1.2021
BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency
IMF leader on digital payments for skilled trades workers
11.12.2020
The IMF's managing director lays out four pillars for the future of digital money as it relates to artisans
India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart
9.12.2020
A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November
Facebook-Led Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report
27.11.2020
Libra might eventually get off the ground as early as January albeit in a more limited format
In India, a Clash of Digital Innovation and Internet Censorship
25.11.2020
Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?
Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
20.11.2020
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies
Libra Hires HSBC Veteran Ian Jenkins as CFO, Risk Chief of Digital Payments Unit
15.10.2020
Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO
Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on Trade Blacklist: Report
14.10.2020
The move comes as Ant, a global leader in digital payments, is readying to go public in what could be an offering worth up to a record $35 billion
Italian digital payments firms merge to create $17.6B fintech group
5.10.2020
Italian rivals Nexi and Sia have finalized a merger to create a fintech giant that can compete in an increasingly consolidated European market
ECB President: Europe Has Fallen Behind in the Digital Payments Game
11.9.2020
European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems
Government of Bermuda Pilots Stimulus Token in Response to COVID Crisis
1.9.2020
Bermuda is looking to speed up the distribution of financial aid to its citizens and has begun trialing a digital stimulus token
Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
20.7.2020
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
G20 Lays Regulatory Groundwork for Accepting Digital Payments
13.7.2020
G20 officials announced on July 11 that they would begin laying the regulatory groundwork for the group to accept digital payments
American Gaming Association Urges Policy Change On Digital Payments
17.6.2020
The American Gaming Association laid out a proposal of new guidelines for gambling payments
Japan’s Biggest Banks Are Talking About Building a Digital Payments System
4.6.2020
The banks will be joined by representatives from big business and the government to lay out how to create shared digital payments system