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Fintech

Fintech
·Jul. 5, 2022

Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report

Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.
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Fintech
·Jul. 5, 2022

Meta is pulling the plug on its crypto payments wallet, Novi –

Three years after Facebook announced its ill-fated push into cryptocurrency, aka the Libra project, the tech giant has signalled another scaling back of its activity — announcing Friday that Novi, the digital wallet payments pilot it launched last October, will be ending on on September 1.
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Fintech
·Jul. 5, 2022

Crypto lender Nexo offers to buy embattled rival Vauld

Vauld on Monday paused operations and said it was exploring restructuring options due to "financial challenges."...
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Fintech
·Jul. 5, 2022

El Salvador’s Bitcoin Bet Isn’t Paying Off – The New York Times

It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.
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Fintech
·Jul. 5, 2022

How to Get the Unbanked Banked in LATAM

As of January 2020, only 342 million adults in the region have a bank account, an average of only 55%, which is not far from the statistics collected in 2017.
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Fintech
·Jul. 5, 2022

La vida después de la Ley Fintech: Oyster y su apuesta por la infraestructura de pagos

For the founder of the startup, there is a great area of ??opportunity in the market to support the business development of the country
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Fintech
·Jul. 5, 2022

Fintech Magalu, lista para aprovechar el Open Finance en Brasil

Magazine Luiza quiere convertirse en proveedor de todos los productos que las finanzas abiertas habilitarán.
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Fintech
·Jul. 5, 2022

Latin America Embraces Billion-Dollar Business of Open Banking, But Progress Slow

The open banking market will be worth $43 billion in 2026, according to the Open Banking Market by Financial Services and Distribution Channel report by Allied Market Research
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Fintech
·Jul. 5, 2022

São Paulo court freezes accounts of Binance liaison to Brazilian banks

A São Paulo court froze USD 85 million in customer accounts of Capitual, a multi-currency bank that connected Binance.
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the basel committee
Fintech
·Jul. 5, 2022

Basel Committee issues climate risk management guidelines

Global warming's associated effects are posing an increased risk to financial institutions worldwide. The Basel Committee has issued guidelines to help mitigation

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