allpay.cards and crypto visionary Simplex have joined forces to launch a Visa debit card!
Allpay.cards, a major UK card manufacturer, and Simplex, a crypto visionary, are launching a Visa debit card that will allow users to spend bitcoin earnings like any other ordinary bank card, effectively linking the traditional and digital/crypto financial sectors. “We’re thrilled to be working with Allpay on designing and manufacturing our latest product: a Visa […]
Cash loses its shine in pandemic but still king in Switzerland
Cash is still king in Switzerland, a Swiss National Bank study published on Wednesday found, although the wealthy country’s citizens are increasingly turning to cards and apps for payments during the pandemic.
Egypt eyes surge in fintech investment after new laws
New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the way the country’s largely unbanked citizens do business, industry players say.
In Indonesian banking, rise in religious conservatism ripples across sector
A rise in religious conservatism in Indonesia is drawing talent away from what some view as un-Islamic jobs in banking, industry professionals say, creating hiring woes for conventional banks but a boon for the country’s fledgling sharia finance sector.
Payments startup Marqeta valued at over $17 bln in Nasdaq debut
Shares of Marqeta Inc (MQ.O), which provides payments services to customers including Uber Technologies Inc (UBER.N) and DoorDashInc, rose more than 20% in their Nasdaq debut, giving the firm a market capitalization of over $17.2 billion.
EXCLUSIVE HSBC CEO says Bitcoin not for us
HSBC (HSBA.L) has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters.
Bitcoin’s star backers, dip buyers help cryptos recover
Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day aftera brutal selloff on concerns over tighter regulation in China and unease over the extent of leveraged positions in the cryptocurrency world.
Buyers beware as “altcoin” frenzy bruises bitcoin
Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the investors fuelling their rise seem bothered.
