Malaysian regulators clarify treatment of crypto assets

This joint press statement is issued by the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) to provide clarity on the regulatory approach for the offering and trading...
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Funding Options picks up Open Up Challenge prize

Business finance marketplace, Funding Options, has been announced as one of the winners of the second phase of Nesta’s ‘Open Up Challenge’ - one of only three companies to...
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Onpex partners with SatchelPay

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with the Lithuanian eMoney institution, SatchelPay. The partnership will see ONPEX provide SatchelPay with tailor-made banking and payment...
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Curve exceeds 300,000 customers in 10 months

Curve, the fintech startup that lets you combine your various debit and credit cards into a card and a smart app - today announced that almost a third of...
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AIB launches Fitbit Pay in Ireland

AIB has announced that starting today Fitbit Pay will be available to AIB customers in the Republic of Ireland who have a Fitbit Versa, Fitbit Ionic or Fitbit Charge...
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Gazprombank to develop cryptoasset service for private clients

The Swiss arm of Russia's Gazprombank is to roll out a cryptoasset service for clients in mid-2019, using technology from core banking supplier Avaloq and local blockchain startup Metaco....
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CRYPTO AND CENTRAL BANKS

Ban them? Block them? Back them?  Governments and central bankers have long been exercised by the disruptive nonsense of cryptocurrencies. Some countries are actively experimenting with cryptocurrencies with rather unimpressive...
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Banco Sabadell unit invests in Mexican payments startup

Banco Sabadell's digital business hub InnoCells has made a move into the Mexican market, joining a $6.5 million funding round, led by Ignia and Dalus Capital, for digital payments...
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Swift pilots API-based pre-validation service to cut payment errors

Swift has signed 14 major banks - including Bank of China, Citi and Deutsche Bank - to a pilot using APIs to pre-validate gpi payments, speeding up identification and...
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Return to sender

Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie...
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Modernizing The Gift Card: Take Your Incentives To The Next Level

Gift cards continue to play an extremely important role in incentive marketing. Last year alone, the North American corporate market spent over $80 billion on incentives – including merchandise, experiences, and gift cards. Everyone...
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Lunar Way gets Pisp license

As the first in Denmark, the fintech company Lunar Way has been awarded a PISP license. Lunar Way also receives an AISP license. The licenses foreshadow a break with...
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Bank Islam Brunei Darussalam picks Rambus to secure mobile payments

Rambus Inc. (NASDAQ: RMBS) a leader in digital security, semiconductor and IP products and services, today announced that Bank Islam Brunei Darussalam (BIBD), the largest bank in Brunei, has...
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Payment Cards on the Table: is your Infrastructure up to the Challenge?

The introduction of new payment types has created a greater need for a strong, flexible card infrastructure than ever before. That’s easy for issuers to lose sight of; mobile services...
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Emerging Payments Association makes advisory board appointments

To usher in the new year, the Emerging Payments Association (EPA) is delighted to announce the addition of four payments leaders to its Advisory Board. This board is...
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E-invoicing firm Fitek expands into UK

Fitek, the Baltic and European fintech– and e-invoice solutions provider, has expanded to the UK market. The company is registered and its first employees are at work. Mait Sooaru,...
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R3 and Ripple play nice as new Corda app supports XRP

Distributed ledger technology outfit R3 has launched a universal settler application to facilitate payments on its Corda platform, with rival Ripple's XRP the first cryptocurrency to be supported. Corda...
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EBRD provides trade facility to Arab International African Bank

(The Paypers) The European Bank for Reconstruction and Development has announced providing a USD 50 mln trade facility to the Arab African International Bank Egypt . Original link
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ECI, Natixis sign deal to help UAE exporters

(The Paypers) Etihad Credit Insurance , the UAE Federal export credit company, has signed a MoU with French bank Natixis to help UAE exporters in global trade. Original link
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CMA opens Phase 2 probe into PayPal's takeover of iZettle

PayPal's refusal to address concerns raised by the UK's Competition and Markets Authority over its takeover of Sweden's iZettle have opened the door for a full-blown Phase 2 investigation...
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