Archive
The Super App Model May Not Be Suitable for the US Market
Super apps may be widely popular in Asia and quickly gaining ground in Africa and Latin America (LatAm), they have little chance to succeed in the US because of lacking consumer interest, cultural barriers as well as data privacy and
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FIS Rolls Out New Central Infrastructure Payment Solution
American multinational company FIS has launched its new central infrastructure payment solution, RealNet Central, to help central banks transform their markets to digital-first, real-time payment economies. With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build
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Adyen Rolls Out Its Very Own Terminal Range Designed In-House
Dutch payments firm Adyen announced the launch of its first in-house designed terminals which was designed to facilitate diverse payment use cases. The terminal range marks the latest step forward in Adyen’s growing unified commerce offering. The devices run on
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Remitly to Acquire Israel Remittance Startup Rewire
Remitly Global, a global digital financial services provider for immigrants and their families, announced that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will
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Votorantim and Temasek Set Up US$700 Million Fund to Invest in Brazil
Venture capital firm Votorantim and Singapore’s Temasek announced a strategic partnership to explore new investment opportunities in growth capital in various sectors of the Brazilian economy. By the terms of the agreement, Votorantim and Temasek will be partners in a
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CME Group to Launch Euro-Denominated Bitcoin and Ether Futures
CME Group, the world’s leading derivatives marketplace, announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review. Designed to match their U.S. dollar-denominated counterparts,
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Meta: Digital Collectibles to Showcase NFTs on Instagram
Starting this week on Instagram, Meta is testing digital collectibles with select US creators and collectors to share NFTs that they have created or bought. Meta/Instagram will do then the international expansion to 100 countries in Africa, Asia-Pacific, the Middle
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Binance and Mastercard Launch Prepaid Card in Argentina For Everyday Purchases
Binance and Mastercard announce the launch of Binance Card in Argentina to bridge the gap between cryptocurrencies and everyday purchases. Argentina is the first country in Latin America to have the product. The Binance Card is part of the company’s
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