IMF Urges More CBDCs, Releases Handbook to Help the Effort
In a keynote address at the Singapore FinTech Festival this week, Kristalina Georgieva, Managing Director of the International Monetary Fund...
The Logic Behind BlackRock’s Ethereum ETF
The price of Ethereum jumped by 10% to surpass the $2,000 mark last week, after the world’s largest asset manager,...
Mastercard Collaborates with Dubai Bank on Cross-Border Payments
Mastercard announced this week a new strategic partnership with Dubai Islamic Bank (DIB) to launch cross-border payment services for both...
Instant Payment Systems in Africa Topped $1 Trillion in 2022
Africa’s instant payment systems (IPSs) processed 32 billion transactions last year, totaling $1.2 trillion U.S. dollars. The volume of payments...
European Manufacturers Push Back Against New Cyber Rules
The introduction of the Cyber Resilience Act by the European Commission is getting pushback from some of the leading electronic...
The Market for Travel Gift Cards Heats Up
One of the hottest holiday gift items this year is shaping up to be travel gift cards. The latest company...
For Debts, Small Business Are Increasingly Turning to Credit Cards
Small businesses are becoming more reliant on credit to manage cash flow problems, according to the newly released Intuit QuickBooks...
Deposit Delays Blamed on “Manual Error”
Deposit processing appears to be back to normal after a “manual error” caused delays at many U.S. banks on Friday....
Despite Concerns, Cross-Border Payments to Top $800 Billion in 2023
The global remittance market is expected to top $800 billion for the first time ever in 2023, according to Mastercard’s...
PayPal Re-Enters UK Crypto Market
After announcing in August that it was temporarily pausing its cryptocurrency activities for UK clients, PayPal revealed this week that...
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