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Lack Of Insurance Hurts Crypto’s Push To Go Mainstream

PYMNTS

Adoption of cryptocurrency by large fund managers is being hurt by the difficulty cryptocurrency exchanges and traders located in Asia are having trying to get insurance to protect against hacks and theft. However, getting such coverage is almost impossible despite their best efforts.”.

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

PYMNTS

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.,

Payments 248
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Logistics Outshines Blockchain In B2B Venture Capital This Week

PYMNTS

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. Data Nerds. Cybersecurity.

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Bitcoin Daily: FinTech Outpaces Blockchain In 2018 VC Funds; Chainalysis Raises $30M For Expansion

PYMNTS

South Korean cryptocurrency exchange Bithumb announced the launch of its own fiat-to-crypto exchange in the United Arab Emirates (UAE) with UAE-based firm Nvelop. The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain. through a reverse-merger deal.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 194
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PayPal, Alpha JWC Team Up To Invest In Southeast Asia FinTechs

PYMNTS

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.

San Jose 103
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Indonesia In Billionaire Investor Tim Draper’s Crosshairs

PYMNTS

The opportunity is there, Tim Draper said, for the adoption of cryptocurrency and its technologies to become widespread in the region. But on the other end of the spectrum, Indonesia has among the world’s highest profiles of cash usage, second only to India, the newswire stated, quoting the World Bank.

Bitcoin 122