Europe
💪 Lithuanian experts from iDenfy 🇱🇹 patent their user data verification technology Paid Members Public
💪 Lithuanian experts from iDenfy 🇱🇹 patent their user data verification technology iDenfy has patented a unique method that combines physical and digital processes. Their Proof of Address service utilizes artificial intelligence paired with manual reviews to effectively prevent fraud. 🔣 iDenfy employs an in-house team of manual reviewers who double-check each process
😎❌☠️ Visa acquires UK-based company Featurespace🇬🇧, specialized in AI for fraud prevention Paid Members Public
😎❌☠️ Visa acquires UK-based company Featurespace🇬🇧, specialized in AI for fraud prevention Time to catch up! Meanwhile, the card giant has finalized a strategic acquisition that has been in the works for over three months. ➡️ The UK firm developed AI-based technologies capable of preventing fraudulent attacks in real-time. ➡️ In the coming
😱 On January 8, 2025, the cryptocurrency exchange Bybit will stop offering services to French users 🇫🇷 Paid Members Public
😱 On January 8, 2025, the cryptocurrency exchange Bybit will stop offering services to French users 🇫🇷 No storage or withdrawals. ➡️ Why is this happening❓ — The main reason is increasing regulatory pressure. ➡️ "What happens to the money?" — To close accounts with small balances (less than 10 USDC), Bybit will charge
⚡️ Neobanks in the UK 🇬🇧: record app downloads surpass traditional banks Paid Members Public
⚡️ Neobanks in the UK 🇬🇧: record app downloads surpass traditional banks Traditional banks are falling behind. According to SplitMetrics, a recent analysis of financial, fintech, and cryptocurrency apps on Google Play reveals that neobanks are continuing to dominate, especially as the holiday season approaches 🧑🎄. ➡️ Neobanks in the UK now have approximately
👀 Italy 🇮🇹: Revolut opens local branch and launches Italian IBAN Paid Members Public
👀 Italy 🇮🇹: Revolut opens local branch and launches Italian IBAN Starting in January 2025, 3 million Revolut customers in Italy will have access to a local IBAN starting with "IT". This initiative solidifies Revolut's presence in the country under the oversight of the Bank of Italy and
📢 Estonia 🇪🇪: Crypto exchange WhiteBIT launches debit card with cashback. Paid Members Public
📢 Estonia 🇪🇪: Crypto exchange WhiteBIT launches debit card with cashback. This launch is the result of a collaboration with Visa and payment service provider Wallester AS, a licensed issuer in Estonia. ➡️ The WhiteBIT Nova is available not only to Estonian citizens but also to residents across the EU. It can be
💪 Ukraine 🇺🇦: cryptocurrency legalization expected in Q1 2025 Paid Members Public
💪 Ukraine 🇺🇦: cryptocurrency legalization expected in Q1 2025 The cryptocurrency legislation is being developed through collaboration between the National Bank of Ukraine and the IMF. If deadlines are met, the legalization will coincide with the implementation of the European regulatory framework MiCA. ➡️ The regulator has explicitly stated that no tax exemptions
🚴♀️ Latvia 🇱🇻: The central bank accelerates the EU MiCA licensing process Paid Members Public
🚴♀️ Latvia 🇱🇻: The central bank accelerates the EU MiCA licensing process MiCA (Markets in Crypto-Assets) is European Union legislation designed to regulate the crypto-asset market. Now, the Bank of Latvia offers an accelerated process for obtaining MiCA licenses for crypto service providers. 🔵 Context: The Bank of Latvia is committed to fostering