/payments
Unicorn Latin American cross-border payments platform dLocal is exploring a potential sale, according to Reuters.
6 hours
While the use of digital payments continues to rise in the euro area, cash is still responsible for more than half of all point-of-sale transactions, according to a European Central Bank study.
/security
New research from Barclays Bank reveals that one in five consumers fell victim to a scam in the last year.
8 hours
/crypto
OCBC has launched the sale of bespoke tokenised bonds issued in S$1,000 denominations to corporate clients that have net assets exceeding S$10 million.
10 hours
/startups
SC Ventures, the fintech investment and incubation arm of Standard Chartered, has launched Labamu, an invoicing and billing platform for SMEs in Apac.
11 hours
/retail
Days after closing down, Vancouver-based bookkeeping fintech Bench has been acquired by human resources tech startup Employer.com.
20 hours
Frax intends to be the US digital dollar and to establish itself as "the world's most innovative decentralised stablecoin and DeFi stablecoin infrastructure."
03 January 2025
/wholesale
Thomson Reuters has acquired cloud-native tax automation firm SafeSend for $600 million in cash.
Meta-owned WhatsApp has been given the greenlight to roll out its P2P payments service to all of its Indian users.
UK-based payments processor Checkout.com has cut almost a quarter of its work force following a drop in revenue.
02 January 2025
The US Internal Revenue Services (IRS) and Treasury are facing legal action from a number of blockchain trade groups over newly introduced rules for crypto brokers.
/ai
Sberbank, Russia’s largest financial institution, has been told to work with China on the development of AI-based services.
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