Honduras has issued a comprehensive ban on cryptocurrency trading within its financial system, according to a resolution from the National Banking and Securities Commission (CNBS). The regulation, which took immediate effect upon its announcement on Friday, prohibits financial institutions in the country from engaging in… Read More
Paymentology, the global issuer-processor, announces an expanded partnership with Mastercard (NYSE: MA) to bolster financial inclusion across Guatemala, Honduras, and El Salvador. According to a recent Mastercard and Americas Market Intelligence (AMI) study, while most Latin Americans gained “access to basic financial products between 2020… Read More
ACI Worldwide (NASDAQ: ACIW), the global firm focused on mission-critical, real-time payments software, announced a partnership with financial technology company RedAbierta in order “to power real-time payments in Honduras.” RedAbierta, the central infrastructure provider in Honduras, will “leverage two ACI solutions — ACI Enterprise Payments… Read More
Paysend, the UK-based fintech, introduced Paysend Libre, which will “allow unbanked users in Northern Central America (Guatemala, Honduras, El Salvador) to receive remittances from the U.S. instantly to a Paysend virtual Mastercard digital card.” The virtual card is ready “to use in minutes for cash… Read More
On the margins of the Ninth Summit of the Americas, DFC and Mastercard (NYSE: MA) announced the first joint program in response to the Call to Action for Northern Central America the Vice President launched in May 2021. The Call to Action is designed “to… Read More
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
Earlier this week, crowdfunding platform Crowdrise initiated its fourth 24 Hour Impact Project. This campaign was created to help change lives of certain individuals within 24 hours. According to News Medical, Crowdrise flew Saturday night personality, Nicole Myint, to El Campo, Honduras with the goal of helping… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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