Digital payment Financial News

12.04 / 21:05

Stablecoin stablecoin regulation Digital payment Payment Use Cases Fuel Increasing Stablecoin Growth

The global stablecoin supply currently stands at over $150 billion , demonstrating new demand for relatively stable digital assets.

01.07 / 09:29

Provident Digital track reports Updates Digital payment Singapore Flags Higher Terrorism Financing Risk for Digital Payment Token Services

Singapore has raised the risk level for digital payment token (DPT) service providers potentially facilitating terrorism financing (TF) from “medium-low” to “medium-high” in its latest update to the terrorism financing national risk assessment.

24.11 / 16:37

BLOCK Digital Action electronic information reports Department Digital payment Finmin calls meeting of bankers, other senior officials to deal with digital payment fraud

digital payment fraud and cyber security issue. The meeting to be chaired by Financial Services Secretary will discuss issues related to financial cyber security and increasing digital payment fraud, sources said. During the meeting Indian Cyber Crime Co-ordination Centre will make a presentation on the latest statistics of digital payment frauds as reported in National Cyber Crime Reporting Portal (NCRP), including challenges and issues faced in countering such issues.

16.11 / 12:37

Provident Digital economy country voice innovations reports tokenisation Digital payment Six digital payment trends that may simplify tokenisation in India. Details here

Visa, the global leader in digital payments, unveiled a comprehensive report detailing how tokenisation is driving India's digital economy. The report, «Enabling the Digital Shift: Tokenisation in India’s Economic Landscape», marks one year since the effective date of the RBI’s mandate on tokenisation for e-commerce transactions.

03.10 / 04:01

Citi Provident Digital Google CEO Mobile country Digital payment UPI vs UPI Lite: Transaction limit, other key differences between these two India's digital payment systems explained

UPI is a 24X7 instant payment system that allows you to transfer money in real time between two bank accounts. UPI Lite is an on-device wallet feature that allows users to make real-time small-value payments. "UPI and UPI Lite are both revolutionary in their own right.

26.09 / 10:13

Digital Landmark Parke Interface country electronic reports Digital payment Digital payment via UPI spikes on person-to-merchant transaction growth: Report

Digital payment through Unified Payments Interface (UPI) has seen a multi-fold jump with transactions crossing a landmark figure of 10 billion in August primarily driven by Person-to-Merchant (P2M) transactions, a report said. The number of UPI transactions in January 2018 was 151 million, and it reached 9.3 billion in June 2023, primarily driven by the growth in P2M transactions, the report by Worldline said. In January 2022, P2M transactions accounted for 40.3% of all UPI transactions compared to 57.5% in June 2023 and this percentage is likely to grow further, it said.

01.09 / 10:25

Waves Digital Interface Instagram show country social Digital payment Vegetable seller’s innovative jugaad for digital payment gets Union minister’s attention | Video

jugaad solution is making waves on social media. It has even caught the attention of Union Minister Ashwini Vaishnaw. The video of the woman was shared on the Instagram page of Maharashtra farmer and has garnered 1.5 million likes.

22.08 / 02:33

Blockchain Provident FIVE Digital PayPal Platform Digital payment Blockchain.com Obtains Digital Payment Token License in Singapore

The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution License (MPI) to the popular cryptocurrency exchange Blockchain.com. With this license, the platform will be able to provide digital payment token services to institutional and accredited investors. On August 7, 2023, it was disclosed that the application had been approved, and on August 1, 2023, the license was issued.

30.06 / 14:53

Blockchain Provident Digital Ripple Remark Enterprise Digital payment Ripple Receives Approval for Digital Payment License from MAS

Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd. The company has obtained in-principle approval for the Major Payments Institution License application from the Monetary Authority of Singapore (<dfn data-info=«The Monetary Authority of Singapore (MAS) is Singapore» s central bank. the mission of mas is to promote sustained non-inflationary>MAS). This approval will enable Ripple to offer regulated digital payment token products and services within Singapore, while also expanding the adoption of its crypto-enabled On-Demand Liquidity (ODL) service.

22.06 / 15:23

Binance Ripple security Digital payment Today in Crypto: Atomic Wallet Publishes Post-Attack 'Full Event Statement', Binance Brazil Director May be Summoned by Parliament, Ripple Gets In-principle Approval for Singapore Digital Payment License

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

19.05 / 23:45

COST Provident Digital Mobile Align Juniper Digital payment 2023 Digital Payment Trends: How Lama is Perfectly Aligned with the Shifting Payment Landscape

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

01.06 / 23:31

CBDC Adoption regulation Federal Reserve Digital payment NY Fed president urges colleagues to prepare for coming digital payment transformation

Get ready for fundamental change in money and payments, John Williams, president and CEO of the Federal Reserve Bank of New York, told central bank officials, academics and financial industry leaders from around the world Wednesday. Williams delivered the opening remarks at an invitation-only workshop on monetary policy implementation cohosted by the New York Fed and Columbia University.

22.12 / 19:55

Government Binance regulation Digital payment 100 digital payment token firms in Singapore fail to win licenses: Report

More than 100 out of 170 “digital payment token services” in Singapore have reportedly failed to obtain licenses from the local financial regulator, the Monetary Authority of Singapore, or MAS.

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