Davos Jumps Into Metaverse While Bankers at Forum Blast Crypto Payments

Davos Jumps Into Metaverse While Bankers at Forum Blast Crypto Payments
Davos Jumps Into Metaverse While Bankers at Forum Blast Crypto Payments
May 23, 2022  |  Cryptocurrency

The World Economic Forum’s (WEF’s) first live meeting in two years kicked off on Sunday (May 22), and the cryptocurrency industry is out in force....

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FinTech ZoodPay Acquires Tez Financial Services
FinTech ZoodPay Acquires Tez Financial Services
May 23, 2022  |  Acquisitions

ZoodPay, a Switzerland-based provider of buy now, pay later (BNPL) services that focuses on customers in the Middle East and Central Asia, has purchased Karachi,...

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FinTech Grab Financial Debuts Payments, Insurance and Lending App
FinTech Grab Financial Debuts Payments, Insurance and Lending App
May 23, 2022  |  Payment Methods

Southeast Asian FinTech Grab Financial has rolled out plans for a new brand for digital payments, insurance, lending and wealth management, called GrabFin, according to...

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Metaverse App BUD Raises $36.8M, Plans NFT Marketplace
Metaverse App BUD Raises $36.8M, Plans NFT Marketplace
May 23, 2022  |  Metaverse

BUD, an app that enhances the metaverse experience, has raised $36.8 million in a new funding round, a Medium blog post said Monday (May 23)....

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Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
May 23, 2022  |  CBDC

Wall Street lenders want the U.S. government to slow down on their plans for a digital dollar, Bloomberg reported Monday (May 23). Get the Full...

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Today in B2B: Regulatory Burdens Are Slowing Digital B2B Payments Transition
Today in B2B: Regulatory Burdens Are Slowing Digital B2B Payments Transition
May 23, 2022  |  B2B Payments

Today in B2B payments, Sylndr raises $12.6 million in its latest funding effort, while Amaryllis gets $10 million to accelerate its development. Plus, EVO Payments...

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Light Sentence Puts Damper on U.S.’s Offshore AML Efforts
Light Sentence Puts Damper on U.S.’s Offshore AML Efforts
May 23, 2022  |  AML

U.S. prosecutors planned to send a message to the largely offshore crypto industry this week about the cost of ignoring the anti-money laundering (AML) laws...

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CFPB, NY AG Shutter ‘Deceptive’ Debt Collection Shops
CFPB, NY AG Shutter ‘Deceptive’ Debt Collection Shops
May 23, 2022  |  Legal

The federal Consumer Financial Protection Bureau (CFPB) and the New York state attorney general filed a proposed judgment in federal court to settle its case against...

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Didi Moves Closer to NYSE Delisting
Didi Moves Closer to NYSE Delisting
May 23, 2022  |  Ridesharing

Shareholders in Chinese ride-hailing app Didi Global have voted to delist the company from the New York Stock Exchange (NYSE), the company announced in a...

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