February 13, 2023
SEC and NYDFS Heat Puts Binance-Branded Paxos Stablecoin on Ice 

The U.S. Securities and Exchange Commission (SEC) is doubling down on its regulation-by-enforcement approach. It is also getting a little local help from the New York Department of Financial Services...

February 13, 2023
US Tech Layoffs Shrink ‘Trust & Safety’ Teams Endangering Compliance

Social media companies have slashed hundreds of content moderation jobs. The string of firings has been part of the ongoing wave of tech layoffs, and has now stoked fears among...

February 13, 2023
UAE Plans Digital Dirham to Promote Cross-Border Payments

The United Arab Emirates (UAE) is preparing to launch a central bank digital currency. The Gulf nation announced its digital currency plans Sunday (Feb. 12) as part of its Financial...

February 13, 2023
Banks Out to Challenge Big Tech in Brewing Digital Wallet...

With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and trust with their payment credentials. Big Tech...

February 13, 2023
Citi Sees Upside in Deeper Payments Messaging and Cross-Border Innovation

Amit Agarwal and Debopama Sen, global co-heads of payments and receivables, Treasury and Trade Solutions (TTS) at Citi, offer some tips for the payments industry in the new PYMNTS eBook,...

February 12, 2023
FTC Distributes $115M to Victims of MoneyGram Payment Fraud

The federal government has reimbursed nearly 40,000 victims of fraud schemes processed by MoneyGram. According to a Friday (Feb. 10) Federal Trade Commission (FTC) news release, the more than $115...

February 10, 2023
The Four Cracks in the Crypto Business Model

The four horsemen of the crypto apocalypse are currently trampling over the sector’s 2023 aspirations. This, as the post-FTX digital asset landscape finds itself facing brute-force regulatory pressures in the...

February 10, 2023
Advanced Identity Tools Speed Crypto Account Access and Build Revenue

Streamlined digital account opening is a must-have for all financial institutions (FIs). A critical step in that process is the login experience, for which customers increasingly require speed and security....

February 10, 2023
Saving Failed Payments Key to Securing Subscriber Lifetime Value

New research has revealed a staggering gap in the number of subscription companies that track customer lifetime value, which ironically is one of the key metrics for subscription success. For...