News

Adyen granted UK banking authorization

Dutch payment company founded in 2006, Adyen, has been granted authorization as a UK bank from PRA and FCA according to official statements.

Cryptocurrency

MetaMask is the first web3 wallet to allow U.S. users to buy ETH easily with PayPal

MetaMask cryptocurrency wallet users now cash out their digital assets for fiat currency and send to PayPal accounts.

Blockchain

XBTO acquired digital asset custody & trading platform Stablehouse

Acquisition accelerates XBTO’s capability to offer institutional investors a comprehensive suite of digital assets services.

Blockchain

Casio to launch Virtual G-SHOCK community to distribute free NFTs

Creating new touchpoints for Casio users with Limited Distribution of free NFTs for event participation.

Central Banks

The Federal Reserve announces that its new system for instant payments, the FedNow® Service is now live

The Federal Reserve announced that its new system for instant payments, the FedNow® Service, is now live. Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year.

Big Banks

Kuwait International Bank (KIB) launches next generation biometric cards with Zwipe

Kuwait International Bank (KIB) takes the lead worldwide as the first commercial launch of biometric payment cards based on Zwipe’s platform. This innovative card will be offered to the elite VIP clients of the bank under the Visa Infinite Black product.

Digital Banking

South Africa's TymeBank raises $77.8 million in Series C

South African digital bank TymeBank raises $77.3 million from Norrsken22 and Blue Earth Capital.

Digital Banking

Revolut Business is now live in Australia

Revolut officially launched Revolut Business in Australia! This app is full of powerful, personalised tools to get ultimate control over your company finances.

FinTech

Bahrain set to host top fintech summit

Under the patronage of the Central Bank of Bahrain (CBB), the three-day event will be held in a strategic partnership with the Bahrain Economic Development Board (EDB), and powered by Bahrain FinTech Bay (BFB)

Big Banks

Emirates NBD launches Digital Asset Lab, announces founding council members

Through the Digital Asset Lab, the bank is establishing a robust platform with industry experts, enabling co-creation and experimentation for the development of innovative ideas in financial services using digital assets and its underlying technologies.

FinTech

Investment surges in DIFC FinTech firms ahead of Dubai FinTech Summit

First edition of Dubai FinTech Summit, organised by DIFC, set to convene over 5,000 international experts and policymakers in Dubai.

Blockchain

RAK Digital Assets Oasis will open for applications in Q2 2023

Ras Al Khaimah to open world’s first free zone for digital and virtual asset companies.