news
🎉Revolut Business Has Entered the Asian Market Paid Members Public
🎉Revolut Business Has Entered the Asian Market The Lithuanian-British cloud bank conquers Singapore🇸🇬. 🆎 The Revolut Business platform is designed as an all-in-one financial management solution, reducing administrative tasks and allowing businesses to focus on growth. 🆎 Businesses can choose four plans to access Revolut Business: Basic (free), Grow (15 Singapore dollars)
⚡️Qatar🇶🇦: The Regulator Promises to Review Its Stance on Cryptocurrencies by the End of 2024 Paid Members Public
⚡️Qatar🇶🇦: The Regulator Promises to Review Its Stance on Cryptocurrencies by the End of 2024 The Gulf state banned Bitcoin trading in 2018, but now it is clearly preparing to reverse its decision. 🔠 Context: In May 2023, the Financial Action Task Force (FATF) criticized Qatar for insufficient efforts to combat
👀 The Reserve Bank of India (RBI) Report: India🇮🇳 accounts for 48.5% of global real-time digital payments Paid Members Public
👀 The Reserve Bank of India (RBI) Report: India🇮🇳 accounts for 48.5% of global real-time digital payments On this note, the report highlights that India is the global leader in remittance volume, having received USD 115.3 billion in 2023. Other points of interest: ➡️ Digital development not only includes the
📣 In the Netherlands🇳🇱: One Trading launches the EU's first regulated cryptocurrency derivatives market Paid Members Public
📣 In the Netherlands🇳🇱: One Trading launches the EU's first regulated cryptocurrency derivatives market The license was issued by the Dutch Financial Markets Authority (AFM). It is the first new OTF license granted in the EU in the last 3 years. ➡️ The license defines One Trading as a MiFID
News from Russia🇷🇺: Raiffeisen Bank will Accelerate Business Reduction Due to EU Demand Paid Members Public
News from Russia🇷🇺: Raiffeisen Bank will Accelerate Business Reduction Due to EU Demand The bank announced this in its quarterly earnings report. As previously indicated, the deadline is now clear. ➡️ The bank's exit process from Russia will begin in the third quarter of 2024, with active preparations currently
🥷The European Central Bank Conducted a Cyber Stress Test on 109 Regional Financial Organizations Paid Members Public
🥷The European Central Bank Conducted a Cyber Stress Test on 109 Regional Financial Organizations The results revealed strengths and weaknesses of European banks in the face of a potential cyberattack. ➡️ Why? — According to the IBM report on data breach costs for 2023, the financial sector ranks second globally in terms
⚡️UnionPay🇨🇳 expands its network of benefits for travelers in Europe Paid Members Public
⚡️UnionPay🇨🇳 expands its network of benefits for travelers in Europe Exclusive offers, exchange rate discounts... The Chinese payment system is making every effort to enhance the user experience across Europe. ➡️ The move towards visa-free travel has significantly boosted tourism to and from China, leading to rapid growth in demand for
🐘India🇮🇳: UPI = revolution in digital payments Paid Members Public
🐘India🇮🇳: UPI = revolution in digital payments We've talked several times about India's digital payment system UPI; here we simply systematize it a bit. Additionally, there's a reason: the portal Thepaypers interviewed Ritesh Shukla, Managing Director of the National Payments Corporation of India (NPCI). ➡️ The