Eurasian Bank launches Digital Tenge Card in preparation for Kazakhstan’s CBDC
The National Bank of Kazakhstan intends to issue its own CBDC in late 2025.
The National Bank of Kazakhstan intends to issue its own CBDC in late 2025.
Enova says it has reached an agreement with the CFPB, with the majority of items being self-reported by the firm.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
With the new licence, Commerzbank aims to build up a range of digital asset services, with a focus on crypto assets.
Its position on the watchlist was revealed last week via the release of a 217-page dossier outlining a rescue deal for the bank.
Payments innovation and the regulation of AI were hot topics of discussion at this year’s Fintech Talents Festival.
The first two quarters of this year saw global enforcement fines amount to $1.5bn and $2.27bn, respectively.
Consolidation and M&As can create an environment where dynamic regional banking ecosystems can flourish.
Cash App had been pursuing a VASP licence in the country since 2021.
The rules state that instant transfers must not cost more than standard services.
The regulator recently reviewed how firms tackle fraud and handle complaints from customers.
Having regulators test AI before release will ensure a much better understanding of its capabilities.
The mindset of today’s investors and the importance of maintaining a competitive edge.
The proposals will target 17 companies who control 88% of the market share.
Klarna describes the UK holding company as “an important early step on a journey towards an eventual IPO”.
We chat with Ecommpay’s Olga Karablina about the state of play of open banking adoption worldwide.
The company describes Sophia Fulugunya as “a front-line expert in transaction reporting”.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Mollie CEO Koen Köppen says securing the new licence is “a huge milestone”.
The taskforce would seek to explore the “multibillion-pound opportunities” of a quantum-enabled economy.
The authorisation will enable Mangopay to offer its full suite of services to new and existing UK customers.
Legislation covering “activities relating to fiat-backed stablecoins” will arrive early next year.
As regulatory sands shift, businesses should be confident moving towards open banking.
In this podcast episode recorded live at Money20/20 USA, we chat with Scot Lenoir, Chairman of Evolve Bank & Trust.
Project Guardian aims to share knowledge about the benefits and risks of asset and fund tokenisation.
Reserve board member and governor Michelle Bowman has opposed the revised cap.
The capital came from existing investors including D Squared Capital and Moneta Venture Capital.
Worldline says it now expects 6% to 7% in organic revenue growth, as opposed to its previous forecast of 8% to 10%.
JP Morgan Payments will leverage Trulioo’s person match and identity document verification services.
The banks were unable to recover their systems within the allotted time following a service outage in Singapore.
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
In this episode of the podcast, we’re joined by Teresa Cameron, Finance Director at Clear Junction.
The PRA directed the bank last year to instate a CoP system by 31 October 2023.
The Board alleges that the bank violated customer identification rules.
Modulr is working to ensure it meets evolving regulatory requirements following a period of growth.
The partnership comes as Figopara gears up for a “significant” international expansion push.
Dr Henry Balani of Encompass Corporation discusses the impact of the review on the UK banking system.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The announcement follows the completion of the digital euro’s “investigation phase”, which began in 2021.
Through the partnership, Generali Investments Holding will utilise Fenergo’s client lifecycle management solution.