PYMNTS
AUGUST 21, 2020
More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of the nation’s strict limits on how much money can be sent abroad, according to a new report. Cryptocurrency could be picking up some of the slack.” .
PYMNTS
OCTOBER 8, 2018
Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. community banks and small business lending.
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CB Insights
AUGUST 3, 2017
Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. We used the conventional definition of Latin America to include all countries in the following regions: South America, Central America, the Caribbean, and Mexico. Track LatAm fintech companies. LatAm Fintech.
PYMNTS
JANUARY 3, 2020
But online lending companies are seeing a surge in digital loans — up 19 percent year over year in 2019. Jens Weidmann, European Central Bank policymaker, has advocated that banks within the region find alternatives to Facebook’s cryptocurrency. The preliminary numbers from UPS count on 1.9 consumers spent $462 billion.
Gonzobanker
MARCH 9, 2022
While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. And it doesn’t appear that either will have those capabilities anytime soon.
PYMNTS
FEBRUARY 28, 2018
Why should organizations say “yes” to purchase order matching and “no” to cryptocurrencies? More sellers and products can mean less visibility into what is being listed, thus leading to issues like counterfeit products — or the sale of controlled substances such as health supplements that may not be approved in certain regions.
PYMNTS
AUGUST 20, 2018
Despite direct exposure to the region, they remain unaware of the GDPR requirements. But in the meantime, Brock Blake, who is chief executive of Lendio, a small business lending platform, told the newswire that “you are going to have a bunch of lenders sitting around waiting.” Japan Eyes Cryptos, Yet Again.
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