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According to Fabia Panetta, the ECB Board member, when it comes to the use of the digital version of the euro currency, it is going to be free to use and shall be available to all, however, the bank does not intend to keep any personal data on its...
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Banking
The Sovereign Fund of Egypt and Etisalat Egypt launched Erada...
The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt by e& partnered to launch Erada Microfinance. Erada has the goal of providing access to...
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Asset Management
J.P. Morgan Asset Management Receives Regulatory Approval for 100% Ownership of...
J.P. Morgan Asset Management (JPMAM) announced significant steps in advancing its long-standing commitment to expanding in China.
JPMAM has received regulatory approval from the China...
Cards & Payments
Crypto To See Tighter Amendments As EU Lawmakers Huddle
Banks will have to put aside a large sum of capital to cover their cryptoasset holdings under a proposed law that is supposed to...
Company Statements
PayBy receives license from the CBUAE to conduct SVF and RPS operations
PayBy PayBy, a FinTech innovator recently acquired by Astra Tech, has been licensed by the Central Bank of the UAE to conduct Stored Value...
HelpPays integrates KyckGlobal to expand payment options
HelpPays, Peer-to-Peer Crowdfunding Platform, KyckGlobal, FinTech, Digital Payments, Domestic Disbursement Options, Cross Border Payments, International Payments, USAHelpPays, a peer-to-peer crowdfunding platform, and KyckGlobal, a...
ToYou and Tabby join forces to launch new payment offering
Saudi Arabia’s delivery super app, ToYou, has joined forces with the shopping and payments app, Tabby, to launch ToYou Pay Later powered by Tabby.
ToYou...
SUNRATE launches new virtual corporate card for travel
Global FinTech SUNRATE has partnered with Visa to launch virtual corporate cards as part of its plans to bolster its online travel solution.
SUNRATE’s travel...
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Finance
Rising Interest Rates May Significantly Sting European Banks
A surge in the cost of borrowing is a much-needed lift for the already troubled banks in Europe, but it does come with a...