August 31, 2022
Aave DeFi Platform’s Creativity Is Its Strength

Welcome to PYMNTS second series on decentralized finance, also known as DeFi. In the first series, we looked at what DeFi is, how it works, and the uses, risks and...

August 31, 2022
JPMorgan’s Farooq: Banks Will Win Coming Crypto Asset Cycle

As a competitor with, and even as a threat to, traditional financial institutions (FIs), cryptocurrency has a long way to go, the head of J.P. Morgan’s blockchain division said. Even...

August 30, 2022
EMEA Daily: Wise Fined $360K for AML Violations by Abu...

Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits an important milestone,  surpassing 10...

August 30, 2022
Wise Fined $360K For AML Violations By Abu Dhabi Regulator

Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations. The Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) said in a statement Tuesday (Aug. 30)...

August 30, 2022
Wise Fined $360K for AML Violations by Abu Dhabi Regulator

Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations. The Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) said in a...

August 30, 2022
Flutterwave Moving Ahead With IPO Despite Woes in Kenya 

African FinTech Flutterwave is moving ahead with preparations for an initial public offering (IPO) on the Nasdaq despite claims of financial impropriety by the Central Bank of Kenya (CBK) and...

August 28, 2022
Etsy Requires US Sellers to Verify Bank Accounts

Etsy will be requiring sellers on its platform to either self-verify their bank accounts or do it through a another platform, so as to comply with anti-money laundering regulations, Reuters...

August 25, 2022
Inside the Push to Draft Globally Consistent Stablecoin Regulation

Whatever shape countries’ stablecoin regulations finally take will be heavily influenced by several influential international financial organizations that have been encouraging countries to do two things: Act together and act...

August 25, 2022
EMEA Daily: FTFT UK Develops eWallet for Students Studying Abroad...

Today in Europe, the Middle East and Africa, FTFT launched the Orbit eWallet for Chinese students studying in the U.K., and Nationwide Building Society announced that it has recruited Moneyhub...