Philippines’ central bank stiffens reporting standards for payment system operators
The Bangko Sentral ng Pilipinas (BSP) has placed firm reporting standards for operators of payment systems in a move to make the Philippines’ payment system strong and more efficient.
Income app for gig workers SteadyPay scores $5m
SteadyPay, a financial partner for workers in the gig economy, has reportedly raised $5m for its Series A round.
Embedded Insurance: the future of insurance distribution
The pandemic-fuelled shift to online purchasing and increased demand for digital gave new impetus to embedded insurance products. This trend is presenting insurers with an invaluable opportunity to scale and improve their distribution.
Income and employment verification service Truv scores $25m
Truv, which simplifies income and employment verification processes, has closed its Series A funding round on $25m.
PayTech Mobi724 to acquire LatAm marketplace Avenida
FinTech Mobi724 Global Solutions has entered into an agreement to acquire all the shares of Avenida Compras for $4m.
Manchester City makes OKX its official cryptocurrency exchange partner
Premier League champions Manchester City have linked with OKX, the second largest crypto exchange globally, to make it the club’s official crypto exchange partner.
LHV Group set to snap up Estonian PayTech EveryPay
LHV Group, a banking and financial services business, has entered an agreement to acquire payment gateway platform EveryPay.
Neobank Open becomes India’s 100th unicorn
Indian neobank Open has reportedly become the 100th unicorn in India, after it closed a Series D.
How is cryptocurrency changing money laundering?
The cryptocurrency market is booming. With new technologies and new products launching on the market, the industry is seemingly going from strength to strength. With new technologies, however, come new challenges. How is the industry changing money laundering?
Crypto, NFTs ads required to carry ‘highly risky’ disclaimer
The Advertising Standards Council of India (ASCI) has said that all ads for virtual digital assets may carry a disclaimer underlining their riskiness.
© FinTech Global © Copyright 2024. All rights reserved.
