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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