March 09, 2022
Warren Resurrects Calls for KYC Data from Private Crypto Wallets

In her latest broadside at crypto, Sen. Elizabeth Warren, D-Mass., has resurrected a controversial proposal from the end of the Trump Administration that would require the collection of personal data...

March 08, 2022
Today in FinTech: Stax Joins Unicorn Club; PPRO Acquires Alpha

In today’s FinTech news, minority-led startup Stax hits unicorn status, while PPRO aims for a bigger Asia Pacific (APAC) presence with the purchase of Alpha Fintech. Plus, hotel payment software...

March 08, 2022
Binance’s Plan to Build Crypto-to-Fiat Payments Rail Meets Regulatory Resistance

The road to payments processing is littered with potholes, and it appears Binance, the world’s top cryptocurrency exchange, drove into one Monday (March 7). That’s when the Binance Group, the...

March 08, 2022
EMEA Daily: EU to Take Further Steps Against Russian Leaders,...

In today’s top Europe, Middle East and Africa news, the European Union is set to add more sanctions against wealthy Russians and the Russian Parliament, while Binance has resumed deposits...

March 08, 2022
Today in B2B: Tech Firms’ Payment Operations Need Boost; Gig...

Today in B2B payments, Thirdfort raises $20 million for its ID verification platform, and Swiftly raises $100 million in Series B fundraising round. Plus, Hopscotch launches an instant payment private...

March 08, 2022
EU Crypto Regulation May Need Clarification From Day One

The European Parliament’s Monetary Committee will soon vote on a directive, Markets in Crypto Assets (MiCA), that will regulate crypto assets in Europe. After a last-minute delay in the vote...

March 08, 2022
ID Verification FinTech Thirdfort Raises $20M

ID verification firm Thirdfort announced this week it has raised $20 million thanks a recent investment from Breega and Element Ventures. Based in the U.K., Thirdfort offers a risk engine...

March 07, 2022
US Treasury Dept. Warns of Possible Evasions of Russian Sanctions

The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has issued an alert advising financial institutions to be wary of companies trying to dodge the sanctions placed on Russia,...

March 06, 2022
Digital Dollar Awaits Public Comments, Philippine Central Bank Says No

The U.S. is in a quiet phase of its decision on whether to build and issue a central bank digital currency (CBDC), with the initial reactions to its long-awaited digital...