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Singapore’s Payment Services Act To Regulate Crypto Firms

PYMNTS

Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply for operating licenses. The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. Both already operate in Singapore. and London-based Luno. and London-based Luno.

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BitPay Lands Ex-PayPal Talent For Business Solutions Unit

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B2B cryptocurrency payments company BitPay announced this week that Rolf Haag is joining the company to lead its business solutions unit. In a press release , BitPay said Haag will spearhead the company’s B2B and mass payments operations. In August, U.S.

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ACI Worldwide, Mastercard Join Together To Ramp Up Real-Time Payments

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With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms. Payments giant Mastercard, based in Purchase, N.Y.,

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Today In Payments Around The World: Tiger Purchases Just Eat Takeaway Stake; Shenzhen Plans Third Digital Yuan Test

PYMNTS

Shenzhen will continue China’s digital yuan experimental effort by issuing the cryptocurrency to citizens. Chinese eSports company VSPN has landed $60 million in a Series B+ funding round to help it grow its international operations. Tiger Global has invested in many food delivery platforms. in December to 47.5 in January.

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PayPal, Alpha JWC Team Up To Invest In Southeast Asia FinTechs

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PayPal is partnering with Alpha JWC , the Indonesian venture capital firm, to invest in FinTech companies operating out of Southeast Asia. The company is in the process of raising $100 million for a second fund that will continue to invest in FinTechs in Southeast Asia as well as consumer-facing companies in the region.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

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Financial Services: Blockchain-Based And Decentralized

PYMNTS

And in one example, Nash — a financial services platform registered in Liechtenstein — looks to provide a funds management service tied to digital wallets that will help users create and operate accounts across several blockchains while retaining custody of their assets. Blockchain for Trading .