PYMNTS

JANUARY 25, 2021

The RBI does acknowledge how popular cryptocurrency has become, although Indian regulators and the local government are still apprehensive and skeptical, according to Cointelegraph. Since then, the number of exchanges has grown in the country.

Digital Currency 127

Digital Currency Central Bank Governance Government 127

The Fintech Times

NOVEMBER 12, 2024

Banking accessibility also appears to be on the rise, while foreign direct investment (FDI) levels have also grown, thanks to the launch of major digital wallets (including Apple Pay and Google Pay ), as well as various government initiatives.

FinTech 59

FinTech Audit Non-Bank ISOs 59

The Fintech Times

SEPTEMBER 14, 2024

With a strong foundation in semiconductors and information technology, alongside government initiatives and a developing fintech ecosystem, Taiwan is steadily integrating digital innovation into its financial services. In fact, the majority are produced by a single company: the Taiwan Semiconductor Manufacturing Corporation ( TSMC ).

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

PYMNTS

APRIL 1, 2020

Washington State Governor Jay Inslee signed a bill on Tuesday (March 31) establishing specific rules – backed by Microsoft – governing facial recognition software, according to a blog by Bill Smith, president of Microsoft. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.

Laws 121

Laws Law Enforcement Governance Government 121

Fintech News

OCTOBER 23, 2024

Launched in November 2018, TIPS enables real-time payments across Europe, facilitating instant transfers between European banks. The latest 2024 report outlines the governance, business model, and technical architecture for Nexus, along with implementation guides for participants, including ISO 20022 message and API specifications.

Central Bank 126

Central Bank ISO 20022 Cross-Border Payments Cross-Border 126

Fintech Finance

MARCH 13, 2024

These include central government departments and wider public sector bodies, such as local authorities, education institutions, not-for-profit and charitable organisations. The post GoCardless Becomes an Approved Open Banking Supplier to Central and Local Government appeared first on Fintech Finance.

Government 52

Government Governance Credit Cards Payment Initiation 52

PYMNTS

MARCH 29, 2020

government could deliver its stimulus funds to help the coronavirus-wrecked economy. The popular apps have seen widespread use in recent years, though the government thus far has not adopted either one for any official means. Venmo and Cash App want to be considered as ways the U.S.

Venmo 97

Venmo Treasury Federal Reserve Direct Deposit 97

Fintech News

MAY 14, 2024

Debit card payments have seen a CAGR increase of 19% from 2018-2023. South Korea recorded the highest percentage decline in paper transactions at -39% from 2018-2023, while mobile proximity payments grew by 29%. Singapore and Hong Kong saw a CAGR of 31% and 19%, respectively, for mobile proximity payments during the 2018-2023 period.

Digital Payments 107

Digital Payments Debit Card APACS Credit Cards 107

PYMNTS

APRIL 16, 2020

I know someone who received their $1,200 #StimulusCheck today & also received $1,200 for their deceased spouse who passed in early 2018, which was clearly indicated deceased on their 2018 tax return,” another person tweeted. . We will turn around and cut them a paper check and make sure they get their money.”.

IRS 116

IRS Direct Deposit Returns Payments Tools 116

PYMNTS

FEBRUARY 21, 2020

CBDCs are a digital form of traditional money issued and governed by a country’s central bank. Cryptocurrencies — like bitcoin — are “produced by solving complex maths puzzles and governed by disparate online communities instead of a centralized body,” reports said. Cash accounts for 20 percent of merchant transactions.

Central Bank 105

Central Bank Digital Currency CBDC Online and Mobile Banking 105

PYMNTS

AUGUST 30, 2020

government's Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million in fees while subcontracting the work out to the nation's largest mortgage lender, The Wall Street Journal (WSJ) reported. which owns Quicken Loans as well.

Small Business 108

Small Business Governance Government Process 108

PYMNTS

JANUARY 22, 2021

22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. That caused the infrastructure financier to fall in 2018 and the government seizure of a mortgage lender in 2019. The Reserve Bank of India , according to the Friday (Jan.

Non-Bank 109

Non-Bank Central Bank Regulations Rules 109

PYMNTS

JANUARY 5, 2021

Ethereum, the second-biggest cryptocurrency, which usually rises at the same time as bitcoin, also hit its highest level on Monday since 2018, with a $1,170 value, Reuters reported.

Volume 131

Volume Bitcoin Cryptocurrency Digital Currency 131

The Fintech Times

JANUARY 29, 2025

The Qatari government has also been proactive in supporting the growth and development of the fintech sector, notably through initiatives like the Qatar Fintech Hub (QFTH). Recognising the importance of fintech for long-term economic development, Qatar has also integrated fintech into its Second National Development Strategy 2018-2022.

FinTech 59

FinTech Central Bank Authorization Legal 59

The Fintech Times

JUNE 27, 2024

Backed by the Bahraini government, ecosystem builder BFB has emerged as the country’s leading fintech platform, providing innovation labs, acceleration programmes, curated activities and educational opportunities.

FinTech 111

FinTech Agreements Economy Innovation 111

PYMNTS

APRIL 8, 2020

Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase , which has decided to focus solely on that program due to a huge amount of requests over the past few days, according to the Financial Times. The bank, which is the largest in the U.S.,

Shutdown 104

Shutdown Small Business Caps Governance 104

Finovate

NOVEMBER 18, 2024

While this revenue figure has grown 7% each year since 2018, McKinsey estimates the growth will slow to 5% per year for the next five years. While this report doesn’t mention it, countries with government-led payment schemes such as India (with UPI) and Brazil (with PIX) are also seeing a major decline in cash payments.

Global Payments 69

Global Payments Payments Trends CBDC Embedded Payments 69

PYMNTS

APRIL 9, 2020

Americans could start receiving COVID-19 stimulus money from the federal government as early as Thursday (April 9) or Friday, according to reports. It is critical that the federal government work in an urgent manner to get these payments to individuals,” said U.S. Debbie Dingell (D-Mich.), in a prepared statement.

IRS 102

IRS Direct Deposit Social Security Accounts 102

PYMNTS

OCTOBER 27, 2020

The acquisition builds on a strategic partnership and investment made in 2018, where Visa invested in the company back then. Visa has inked an agreement to acquire YellowPepper , which works with startups in the Caribbean and Latin America, according to an emailed press release.

Acquirers 119

Acquirers Payment APIs and Integration Processors Issuers 119

Fintech News

FEBRUARY 25, 2024

2561 (2018), has enforced a continued suspension of Zipmex’s operations. Pending the Minister of Finance’s decision on the license revocation, Zipmex remains under the SEC’s oversight, obligated to comply with all applicable laws and regulations governing digital asset businesses.

Legal 117

Legal Returns On-Demand Laws 117

PYMNTS

DECEMBER 10, 2020

in 2018 before sharply decreasing to $3,869.47 billion in 2019, a larger sum than in 2017 and 2018 combined. billion in laundered money flow through cryptocurrency exchanges, up from $1 billion in 2018. The currency is well-known for its massive value fluctuations, as a single bitcoin cost just 9 cents in 2010, $313.92

AML 88

AML Cryptocurrency Money Laundering Compliance 88

PYMNTS

JULY 2, 2020

OPay , the SoftBank -backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. OPay was formed a year earlier than that, in 2018, as a way for mobile customers to send and receive money.

Online and Mobile Banking 79

Online and Mobile Banking Central Bank Governance Government 79

Clearly Payments

OCTOBER 31, 2024

Market Growth : BNPL saw a 400% increase in usage globally since 2018 and is expected to grow 17% annually through 2028. Primary Use Cases : CBDCs are designed to enhance financial inclusion, streamline payments, and provide a government-regulated alternative to cryptocurrencies and private digital payment providers.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

The Fintech Times

SEPTEMBER 27, 2024

In 2021, the military overthrew the elected government of Aung San Suu Kyi and her National League for Democracy party, sparking ongoing protests and unrest. Although the government permitted microfinance companies in 2011, the number of microfinance institutions remains low.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

Fintech News

MAY 8, 2024

Thailand, under the guidance of the Bank of Thailand (BOT) , has been at the forefront of this movement, continuously studying and testing the feasibility of a Retail CBDC since 2018. The BOT and relevant government agencies engaged in dialogues to address legal, accounting, and AML/CFT aspects associated with CBDC implementation.

CBDC 122

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 122

PYMNTS

OCTOBER 16, 2020

Eventually, without further government support or significant labor market improvements, jobless workers may exhaust their accumulated savings buffer, leaving them with a choice to further cut spending or fall behind on debt or rent payments,” the researchers wrote. 16 (Friday) J.P. Morgan Chase Institute analysis and media reports.

Federal Reserve 105

Federal Reserve Research Credit Cards Consumer 105

PYMNTS

NOVEMBER 30, 2020

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. The new unit, according to the government's announcement, will fall within the U.K.'s According to the U.K.

Rules 75

Rules Laws Authorization Regulations 75

PYMNTS

SEPTEMBER 30, 2020

In Kenya, there were 176,000 tons of imports of clothing in 2018, equivalent to more than 335 million pairs of jeans, according to Reuters. That makes it difficult for him to cover the costs of running his business, Green World Recycling , Reuters reported.

Rules 102

Rules Governance Government Transactions 102

PYMNTS

JULY 5, 2020

an investment company owned by the Singapore government, are in talks to invest as much as $1 billion for Tokopedia , sources told Bloomberg News. In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., Google and Temasek Holdings Private Ltd. , The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s

Governance 105

Governance Government Technology Finance 105

PYMNTS

AUGUST 21, 2020

It had a net loss of $580 million, roughly equivalent to its loss in 2018, while costs were slightly above $1 billion. Palantir, which was started by Peter Thiel and Alex Karp, is focused on Big Data and works with government bodies as well as large corporations to make sense of large amounts of data. Palantir registered $742.5

Posting 100

Posting Technology Governance Government 100

VISTA InfoSec

SEPTEMBER 30, 2024

The GDPR, which came into effect on May 25, 2018, introduced the requirement for certain organizations to appoint a DPO. government bodies, health organizations, educational institutions, and law enforcement agencies) – An organization systematically monitors individuals on a large scale, especially online behaviour.

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

The GDPR, which came into effect on May 25, 2018, introduced the requirement for certain organizations to appoint a DPO. government bodies, health organizations, educational institutions, and law enforcement agencies) – An organization systematically monitors individuals on a large scale, especially online behaviour.

CCPA 130

CCPA Privacy Laws Data Breach 130

PYMNTS

JANUARY 20, 2020

45 days past due is the threshold for SMBs in India seeking clarity on large corporate and government payments. million will be paid to Sears Holding by its current owner, Transform Holdco , according to Footwear News , following a months-long legal dispute between the entities after Sears ’ bankruptcy filing in October 2018.

Legal 94

Legal Payments B2B Government 94

Fintech Finance

SEPTEMBER 18, 2024

Tribe’s risk management and governance frameworks were also evaluated to ensure continuous operational resilience and enterprise-wide protection of data in both digital and physical formats, along with guaranteed centralisation of information.

ISOs 98

ISOs Security Payment Security Payment APIs and Integration 98

The Fintech Times

JANUARY 13, 2025

Since 2018, open banking technology has also helped facilitate around 400 million successful payments. Looking to the future Although new Government-ran initiatives are being introduced, the onus is also on private firms and payment providers to drive open banking adoption. More than 11.7 Meanwhile, these users make over 22.1

Cross-Border 59

Cross-Border Finance Ubiquitous Interoperability 59

PYMNTS

MAY 27, 2020

In a 2018 funding round, Zoox was valued at $3.2 The carmaker, like other international automakers, does not have the ability to sell autonomous vehicles in China if it doesn’t find a local parent, as the government has only granted digital map licenses to Chinese firms. We believe $1.1

AI 98

AI Facilitators Participant Technology 98

Fintech News

OCTOBER 10, 2024

Launched in 2018, RazorpayX is a digital banking platform designed to streamline and automate banking operations for businesses. Initiatives by the government, such as the India Stack , have also supported the development of digital banking in the country.

Payment APIs and Integration 120

Payment APIs and Integration Innovation Push-to-Card API 120