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😱 Nigeria🇳🇬: the state of Lagos introduces a 5% tax on betting winnings Paid Members Public
😱 Nigeria🇳🇬: the state of Lagos introduces a 5% tax on betting winnings The government of Lagos State has implemented a 5% withholding tax on betting winnings, applicable to all gambling platforms duly licensed within the state’s jurisdiction. The measure effectively reduces net player payouts by five percent. ➡️ The State
♠️♣️❤️ Decline in the stigmatization of gambling in the Netherlands🇳🇱: a sociological overview Paid Members Public
♠️♣️❤️ Decline in the stigmatization of gambling in the Netherlands🇳🇱: a sociological overview A recent study conducted by the Kansspelautoriteit (KSA), the Netherlands’ independent gambling regulator, points to a gradual normalization of betting within certain social contexts. According to the findings, 24% of consumers surveyed stated that gambling is considered entirely
⬆️United Kingdom🇬🇧: the cloud platform ACI Connetic will enable banks to integrate SWIFT, CHAPS and Faster Payments systems Paid Members Public
⬆️United Kingdom🇬🇧: the cloud platform ACI Connetic will enable banks to integrate SWIFT, CHAPS and Faster Payments systems The platform runs on Microsoft Azure cloud infrastructure and enables fragmented payment systems to be consolidated into a unified SaaS environment, reducing fragmentation and lowering operational costs. 🌀 Background: traditionally, UK banks use
😱 United Kingdom🇬🇧: coordination underway to establish a new payment company to strengthen financial sovereignty Paid Members Public
😱 United Kingdom🇬🇧: coordination underway to establish a new payment company to strengthen financial sovereignty The initiative is being driven by mounting geopolitical concerns and the need to reduce reliance on foreign-controlled payment infrastructure. The proposal has been put forward by major UK banks in coordination with the government, with the
🧐 According to the CEO of fintech giant Klarna🇸🇪, trust in banking operations belongs to the past Paid Members Public
🧐 According to the CEO of fintech giant Klarna🇸🇪, trust in banking operations belongs to the past Newsweek recently published an interview with Sebastian Siemiatkowski, CEO of Klarna, in which he discusses, among other topics, the long-term erosion of trust in the banking sector. 💠 Context: the Swedish company Klarna currently holds
📣 Belarus🥔: self-employed individuals will be able to receive payments in cryptocurrency Paid Members Public
📣 Belarus🥔: self-employed individuals will be able to receive payments in cryptocurrency Through the use of officially authorized crypto banks, freelancers will be able to channel their income from the informal economy into the regulated financial system, according to new regulatory measures. ➡️ The First Deputy Chairman of the National Bank stated
🎉 South Korea🇰🇷 and Indonesia🇮🇩 will launch a cross-border QR payment system in April Paid Members Public
🎉 South Korea🇰🇷 and Indonesia🇮🇩 will launch a cross-border QR payment system in April In its initial phase, the functionality will be limited to physical retail locations in both countries. Tourists will be able to make payments in local currencies without relying on currency exchange services, streamlining cross-border transactions and improving
🐘India🇮🇳: Offline verification within the Aadhaar system raises concerns Paid Members Public
🐘India🇮🇳: Offline verification within the Aadhaar system raises concerns Citizens have expressed concern about potential personal data leaks associated with the proposed changes. ➡️ Key information: Aadhaar is a unique 12-digit identification number assigned to every resident of India. The system was developed by the Unique Identification Authority of India (UIDAI)