Streamlined money transfer applications dominated regulatory news this past week as seven states took the initiative to make it easier for traditional FIs and fintechs to broaden their reach across the nation. PYMNTS spoke with Charles Clark, acting director of the Washington State Department of...
In its second such warning in recent weeks, Indonesia’s central bank cautioned investors about buying and selling cryptocurrencies because of the risks associated with it. According to a report in Reuters, Indonesia’s central bank not only warned about the risks of monetary loss for citizens...
February 15, 2018
Streamlined money transfer applications dominated regulatory news this past week as seven states took the initiative to make it easier for traditional FIs and fintechs to broaden their reach across the nation. PYMNTS spoke with Charles Clark, acting director of the Washington State Department of Financial Institutions, who said that redundant processes remain the sticking point. And abroad, was it any wonder that cryptos held sway? Look a little closer, and central banks are also examining the sandboxes suitable for FinTech playing and innovating.
December 21, 2021
The Bank of Indonesia (BI) on Tuesday (Dec. 21) debuted a new retail payments system that BI Governor Perry Warjiyo promised will cut the cost of money transfers while also supporting the ongoing growth of the digital economy across the nation, according to a Reuters report. Digital banking transactions across Indonesia have grown 47% year-over-year […]
January 15, 2018
In its second such warning in recent weeks, Indonesia’s central bank cautioned investors about buying and selling cryptocurrencies because of the risks associated with it. According to a report in...
