News
Global Leaders Pledge $20bn For Indonesia Renewable Drive
Recently, Indonesia went on to initiate an investment plan so as to utilize the $20 billion in financing that’s committed by global lenders, with the US as well as Japan taking the lead. The idea is to speed up...
Financing
Bullish Acquires CoinDesk from Digital Currency Group
Bullish, the fastest growing regulated, institutional digital assets exchange led by Tom Farley, announced that it has acquired CoinDesk, the integrated media, events and index platform for the future of finance, from Digital Currency Group (DCG). Bullish plans to...
News
Feedzai and Mastercard to expand crypto fraud protection for consumers globally
Feedzai a financial crime and risk management solution, and Mastercard – a global technology company in the payments industry - are combining technologies to increase crypto fraud protection for hundreds of millions of consumers.
Today, an estimated 40% of scam...
News
Binance to pay $4.3bn to resolve multiple anti-money laundering violations
Cryptocurrency exchange Binance has agreed to pay $4.3bn to settle the US Department of Justice claims related to multiple criminal violations of the US anti-money laundering (AML) laws.
The US Department of the Treasury, through the Financial Crimes Enforcement Network...
Banking
Open Banking platform partner selected by collective of Canadian credit unions
A collective of 10 large credit unions in Canada has chosen Caspian One as their “preferred partner” to deliver a customised Open Banking platform, tailored to the Canadian credit union system.
The Large Credit Union Coalition (LCUC) led the request...
Banking
Mashreq Bank implements Visa, Ecolytiq climate banking platform
MENA-based bank Mashreq has teamed up with climate engagement platform Ecolytiq and Visa to launch a climate banking platform to its nearly one million customers in the United Arab Emirates (UAE) and MENA.
Visa and Ecolytiq launched their joint ‘Eco...
Cards & Payments
Klarna receives FCA authorisation to provide regulated payments and credit services
Klarna, the AI-powered payments network and shopping assistant, has been authorised by the UK’s Financial Conduct Authority (FCA) to provide regulated payments and credit services in the UK.
Following Brexit, Klarna Bank AB, a fully licensed Swedish Bank, continued to...
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