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Tag: Payment Services

OKX Singapore Gets In-Principle MPI License to Offer Crypto, Cross-Border Services – Fintech Singapore

The Singapore subsidiary of cryptocurrency exchange and Web3 technology firm, OKX, known as OKX SG Pte. Ltd., has been accorded in-principle approval for a...

FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART IV

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTIONIn 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (Bank of England (BoE)) (collectively the...

What are Electronic Payment Services: Trends and Benefits

The financial landscape has changed drastically in our fast-paced digital age. We are no longer constrained by physical currencies or unwieldy checkbooks. The age...

Investor Confidence Grows in XRP Amid SEC Extension; NuggetRush Attracts New Funds In Launchpad Round Of Its Presale

TLDRInvestors are considering increasing their XRP portfolio amid the current bull run.NuggetRush (NUGX) prepares to launch an Ethereum-based mine-to-earn game.The game offers gold, collectibles,...

The Dilemma Of U.S. Cryptocurrency Regulation – CryptoInfoNet

The current state of crypto regulation is a “Catch-22,” a series of absurd and contradictory rules and requirements that are impossible to follow.Marcelo M....

SaaS Compliance: A Comprehensive Guide for Business Roles

Why should business roles bother with a compliance guide? Well, compliance is a very big deal these days, and it covers a lot of...

Nium Now Licensed by Japan’s Regulator for Money Transfers Over US$300K – Fintech Singapore

by Fintech News Singapore February 29, 2024 Global payments platform Nium announced that it has secured a payments license to conduct higher-value financial transactions from Japan’s...

Mastercard and MTN Group Fintech Partner to Expand Mobile Money Services in Africa

Mastercard and MTN Group Fintech have entered into an agreement to bolster mobile payment services across Africa. With a combined subscriber base of 290 million...

General Ledger: Definition, Significance, Implementation

Welcome to our latest blog post, where we embark on a deep dive into the intricacies of the General Ledger (GL) — the bedrock...

Amazon Pay Receives Payment Aggregator Licence from RBI

OverviewAmazon Pay, the fintech arm of ecommerce giant Amazon, has been granted a Payment Aggregator (PA) licence by the Reserve Bank of India (RBI),...

Mastercard Faces Monopolization Claims Over Digital Tokens – Law360

By Hailey Konnath (February 23, 2024, 12:25 AM EST) -- Mastercard has been stonewalling digital wallet startup OV Loop, refusing to provide needed tokens...

BVNK Expands Operational Reach with EMI License

BVNK, a financial services provider, announced today the acquisition and activation of its Electronic Money Institution (EMI) license in Europe. The development includes the acquisition and operationalization...

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