Tag: e-money
TerraPay Gets MAS Green Light for Payment License – Fintech Singapore
by Fintech News Singapore
April 8, 2024
Payments infrastructure company TerraPay has been awarded a Major Payment Institution (MPI) License by the Monetary Authority of Singapore...
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JCB and AEON Credit Service Indonesia Launch the AEON JCB Precious Card
TOKYO & JAKARTA, Mar 22, 2024 - (JCN Newswire) - PT JCB International Indonesia, a subsidiary of JCB International Co., Ltd. (JCB), and PT AEON...
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...
FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART III
By Rodrigo Zepeda, CEO, Storm-7 Consulting
INTRODUCTION
In 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (Bank of England (BoE)) (collectively the...
MiCA and the Rise of Merchants’ Trust in the Crypto Payments Industry – Is It Possible? – The Daily Hodl
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The European Union is poised to take a significant leap forward with the introduction of the MiCA (Markets in Crypto-Assets...
The big fintech fight for Hong Kong’s taxis
The last bastion of cash-only payment in Hong Kong is the taxi industry. Several fintech companies have attempted to introduce mobile payments, but with...
For Hong Kong, stablecoins go beyond payments
Hong Kong is not the first jurisdiction to come up with a regulatory regime for stablecoins. But its response may become the most significant.
That...
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...
European Central Bank: Digital Euro for Payments Only, Not Investment or Holding
A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone...
OpenWay Earns Top 5 Spot in Juniper Research’s Digital Wallet Solutions Ranking – Fintech Singapore
Global payments software provider OpenWay, renowned for its Way4 platform, has been recognised by Juniper Research as a top-five market leader in digital wallet...
ESMA Provides Initial Assessment Of Reverse Solicitation For Marketing Crypto Assets To EU Investors Under MICA – CryptoInfoNet
In our previous alert, we noted the statement of the European Securities and Markets Authority (ESMA) encouraging market participants and national competent authorities in...
bunq Ends 2023 with €53M in Profit, Seeks UK License
bunq, a neobank with 11 million users, ended 2023 with a net annual profit of €53.1 million, the company announced today (Tuesday). The Netherlands-headquartered...
E-money takes centre stage: 8 trends fueling EMIs growth in banking
Uldis Tēraudkalns, CEO of Nexpay
We’ve come a long way since Electronic Money Institutions (EMIs) first appeared in the 2000s. 20 years ago, there was...