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Banca Transilvania and BPC complete Romanian pilot of EU ID wallet for payments

Banca Transilvania, a leading bank in Romania, and BPC, a global leader in payments solutions, have completed the first Romanian pilot of the EU Digital Identity Wallet (EUDIW) for payments, enabling cardholders to authenticate online purchases with their new European Digital ID.

/retail

Félix and dLocal launch stablecoin-funded remittances across latin America

dLocal (NASDAQ: DLO), the leading payment platform connecting global merchants to emerging markets, and Félix, a U.S. chat-based service that lets people send remittances through WhatsApp, announced a partnership to power instant remittance payouts in Mexico, Guatemala, Honduras, and El Salvador, with stablecoin funding.

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Ebanx appoints Marin Mignot as COO

Operating in more than 20 countries and fresh off its entry into the Philippines, EBANX today announced another key milestone in its international expansion strategy: the appointment of Marin Mignot as Chief Operating Officer (COO).

/retail

Trulioo debuts credit decisioning

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced the launch of Trulioo credit decisioning, a new capability that delivers comprehensive financial, credit and risk insights through the Trulioo global identity platform.

/retail

MoonPay launches enterprise stablecoin service

MoonPay, the global leader in crypto payments, announced the launch of its enterprise stablecoin business as part of its continued evolution into a global payments network.

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Telcoin receives approval to establish digital asset bank in Nebraska

Telcoin today announced its final charter approval from the Nebraska Department of Banking and Finance to launch Telcoin Digital Asset Bank, the first Digital Asset Depository Institution in the United States.

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PhonePe to bundle Chat GPT into mobile app

PhonePe today announced a strategic collaboration with OpenAI, a leading global AI company, aimed at accelerating consumer adoption of ChatGPT in India and fostering mutual business growth.

/retail

PayPal relaunches in the UK with debit and credit cards plus rewards

PayPal, one of most widely-used digital wallets in the UK1, is relaunching as a unified payment experience for customers to shop online and now in-stores.

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Discovery Bank introduces crypto trading with Luno

Discovery Bank, the fastest growing bank in South Africa, today announced a host of new product features, updates and new offers.

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Cash App rolls out 11 product updates

Cash App announced a slate of new features designed to match the ways millions of people manage their financial lives today.

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Fintech startup Stoa turns savings into free subscriptions and one-off perks

Stoa, a new UK fintech startup, today announced the launch of Stoa Pots, giving consumers a fresh choice for their savings.

/retail

Criminals using Instagram as recruitment tool for money mules

Criminal networks are successfully using Instagram to recruit individuals, with nearly one in four "quick-money" posts on the platform showing clear indicators of soliciting participants for criminal money mule schemes, a new analysis by AMLTRIX warns.

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