February 16, 2024
Reserve Bank of India Wants ‘Hands-Off’ Approach to FinTech Regulation

The Reserve Bank of India (RBI) reportedly wants to take a “hands-off” approach to regulating FinTechs. At the same time, the central bank expects these firms to follow rules on...

February 15, 2024
RockWallet Acquires Wyre’s Customer Base, Launches Reactivation Process

RockWallet, a self-custodial, multicurrency wallet, has announced the acquisition of the customer base of Wyre, a crypto payment platform that shut down in June 2023. This development allows former Wyre clients...

February 14, 2024
Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation

Visa and Mastercard have reportedly paused intermediated commercial card payments in India following an order by the country’s financial market regulator. The Reserve Bank of India (RBI) directed the firms to...

February 14, 2024
UK Finance Watchdog Pulls 35 Crypto Apps Off Market

The U.K.’s financial watchdog says cryptocurrency companies still aren’t following the country’s new advertising law. The Financial Conduct Authority (FCA) noted the need for compliance Wednesday (Feb. 14) in a report that...

February 12, 2024
NZ Central Bank Head: ‘Stablecoins Are Not Stable’

The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital currencies during a parliamentary committee...

February 07, 2024
Will Specter of Public Runs and More Regulation Blunt Stablecoins’...

Stablecoins need more regulation. Stablecoins might, in some cases, cause runs. And as government officials and financial institutions (through the Bank for International Settlements) sound some alarms about stablecoins, it...

February 07, 2024
Can Real-Time Payments Play in Australia — or Are Payments...

As companies increasingly set their sights on international markets, the need for a comprehensive understanding of the principles guiding global expansion is becoming increasingly essential. Juan Franco, senior vice president...

February 06, 2024
Liberis Adds Alloy’s Identity Risk Solutions to Embedded Finance Platform

Liberis, a global embedded finance platform, has joined forces with Alloy, an identity risk management company, to accelerate its international expansion and enhance the merchant experience. This strategic partnership aims...

February 01, 2024
Report: Paytm Bank Closure Was Result of Conflicts of Interest

For Indian regulators, Paytm Payments Bank was apparently too close with its parent company. The Reserve Bank of India (RBI) this week announced it was suspending business at the bank — an arm of...