January 4, 2022 @ 10:07 pm By Tony Zerucha  |  

India’s largest bank is providing financial incentives to its customers to go digital. Beginning Feb. 1 the State Bank of India is waiving fees on digital transactions for instant money transfers in amounts up to Rs 5 lakh, they said today. That amount is up… Read More

January 4, 2022 @ 9:47 pm By Tony Zerucha  |  

Nayib Bukele isn’t joking when he predicted two more countries will make Bitcoin legal tender in 2022, deVere Group CEO Nigel Green said this week. In fact, he may have underestimated the number. Over the weekend Bukele, the president of El Salvador, tweeted a series… Read More

January 4, 2022 @ 7:00 am By Tony Zerucha  |  

Cion Digital, the turnkey blockchain interoperability platform provider, today announced it has closed a $12 million seed capital raise. The capital will be utilized to expand research and development resources. It will also help accelerate the rollout of crypto financing and payment solutions tailored for… Read More

December 28, 2021 @ 9:20 pm By Tony Zerucha  |  

JCB, a Japanese international payment brand and Singaporean Fintech Keychain GK have implemented offline payments using near-field communication (NFC), self-sovereign identity, and blockchain technology, the companies recently announced With the spread of 5G and the development of Internet of Things (IoT) devices, machine-to-machine payments will… Read More

December 28, 2021 @ 7:13 pm By Tony Zerucha  |  

Staffing challenges, the growth in digital payments and B2B payments were among the stories that defined 2021 in payments and Fintech, MineralTree president Vijay Ramnathan said recently. MineralTree conducted some research in 2020 with mid-market and enterprise finance teams, Ramnathan said. Prior to the pandemic,… Read More

December 28, 2021 @ 7:04 pm By Tony Zerucha  |  

The American Blockchain PAC is urging American legislators to look to the future and not inhibit the transformative power of blockchain technology through heavy-handed regulation. The organization is an independent, non-profit committee that lobbies federal legislators to support blockchain-based and cryptocurrency-based initiatives.. On Dec. 8,… Read More

December 28, 2021 @ 5:00 pm By Tony Zerucha  |  

More than half a billion dollars worth of cryptoassets were stolen from exchanges in the first half of December, compliance firm Elliptic said in a recent blog post. On Dec. 11 and 12, close to $83 million was stolen from AscendEX, a cryptoasset exchange that… Read More

December 28, 2021 @ 1:39 pm By Tony Zerucha  |  

Open banking is a fast emerging trend in the Fintech sector, and several factors will help it to evolve in 2022, Axway’s head of open banking Eyal Sivan said. The upcoming year will be when North America begins its formal adoption of open banking, Sivan… Read More

December 26, 2021 @ 12:33 pm By Tony Zerucha  |  

Several factors will impact cryptocurrency mining in 2022 Compute North CEO Dave Perrill predicts. Compute North provides infrastructure for companies in crypto mining, blockchain, and distributed computing. The issues that made 2021 a challenging year will persist into 2022, Perrill said. Chip shortages, shipping delays… Read More

December 23, 2021 @ 11:02 pm By Tony Zerucha  |  

SweepBank, a European customer-centric digital banking service offered by Ferratum Bank, recently announced it is using Tuum’s next-generation core banking platform to deliver what it calls the “Netflix experience” to the banking industry. Utilizing Tuum’s banking core, lending, and card capabilities, as well as European… Read More

December 23, 2021 @ 5:29 pm By Tony Zerucha  |  

Fraudsters are changing with the times, and Feedzai SVP of product management Andy Renshaw recently shared his thoughts on how they will behave in 2022. For starters, they’ll be more patient, Renshaw believes. Many online security measures are serving their purpose and eliminating the low-hanging… Read More

December 23, 2021 @ 3:08 pm By Tony Zerucha  |  

Fractional real estate investment should continue to grow in 2022 as it is shaped by five trends, Andy Zhao said. Zhao is the CEO of Ark7, a fractional real estate investment platform offering passive income and value appreciation opportunities. He has managed a wide range… Read More

December 23, 2021 @ 9:20 am By Tony Zerucha  |  

Even though NFTs exist in the digital realm, Shant Kevonian makes a compelling case for offering a physical replica, and his company NFT.Physio bridges that gap. A serial entrepreneur with a technological flair, Kevonian likens the NFT craze in some respects to products like Funko… Read More

December 22, 2021 @ 10:32 pm By Tony Zerucha  |  

World Mobile Token (WMT), the token enabling an innovative global mobile network built on a sharing economy, will be listed on three cryptocurrency exchanges, the company announced this week. WMT will be available on Bitrue, an asset platform with Cardano native token support, and users in over… Read More

December 22, 2021 @ 10:20 pm By Tony Zerucha  |  

2022 could see aggressive movement by some federal agencies, an experienced industry hand suggests. Joseph Lynyak III is a partner at the international law firm Dorsey & Whitney and one of the nation’s foremost experts in the country on the Consumer Financial Protection Bureau (CFPB),… Read More

December 22, 2021 @ 3:58 pm By Tony Zerucha  |  

There was no surprises at the top when GlobalData released the top 10 cryptocurrencies for 2021 in terms of how many social media conversations they generated through the year, up to Dec. 9. Twitter and Reddit feeds were monitored. Bitcoin generated close to 900,000 discussions… Read More

December 22, 2021 @ 2:12 pm By Tony Zerucha  |  

Psychedelic, a decentralized Web 3 development studio building products for the Internet Computer, today launched Terabethia — a cross-network bridge designed to enable cross-chain contract communication, and asset mirroring and transfer across different chains, starting with the Internet Computer and Ethereum. Terabethia represents the first… Read More

December 22, 2021 @ 2:03 pm By Tony Zerucha  |  

Super apps, openness in customer data ownership, and Generation Hashtag will be key topics in fintech in 2022, according to GlobalData’s Tech, Media, & Telecom (TMT) Predictions 2022. GlobalData thematic analyst Amrit Dhami said while mobile commerce is leading to the development of super apps… Read More

December 22, 2021 @ 1:55 pm By Tony Zerucha  |  

Opera, a mobile browser with Web3 support and built-in crypto wallet, this week announced an upcoming browser integration with Polygon, an Ethereum scaling platform. The integration is set to occur in Q1 2022 and will provide users in-browser access to more than 3,000 dApps on… Read More

December 21, 2021 @ 10:17 pm By Tony Zerucha  |  

Vietnamese e-wallet MoMo said today it has raised $200 million in its Series E funding round. Its $2.27 billion evaluation places it firmly in the unicorn club. Japanese bank Mizuho led the round by providing $170 million for a 7.5 per cent stake in the… Read More