news

⚡️USA🇺🇸: Circle wants to become a national trust bank Members Public

⚡️USA🇺🇸: Circle wants to become a national trust bank Stablecoin developer Circle has submitted an application to the Office of the Comptroller of the Currency (OCC) to create a new trust institution under the name First National Digital Currency Bank, NA. ▶️Currently, Circle’s reserves are stored at the New

Morgan Ellis
news

👀How are payments and the card business changing? A summary Members Public

👀How are payments and the card business changing? A summary Representatives from payment systems, banks, marketplaces, Big Tech, and fintech companies agree that the natural evolution is making payments cheaper. ➡️History: ✅Payment cards appeared in the mid-20th century in the US🇺🇸, when Frank McNamara and Ralph Schneider founded Diners Club.

Morgan Ellis
news

😱Fear and astonishment in Chile🇨🇱: an online platform impersonated the state lottery Members Public

😱Fear and astonishment in Chile🇨🇱: an online platform impersonated the state lottery The state lottery, "Polla Chilena de Beneficencia," was impersonated by a clone called "Polla Casino." Legal action has been initiated against this fraudulent platform. ▶️The fraudulent platform used the corporate identity of the original

Morgan Ellis
news

✊New cloud technologies for Europe! Dutch API platform Silverflow🇳🇱integrates with Deutsche Bank🇩🇪 Members Public

✊New cloud technologies for Europe! Dutch API platform Silverflow🇳🇱integrates with Deutsche Bank🇩🇪 Together, the two companies are enhancing a pan-European payments platform designed to unify banking, treasury, and payment services. ▶️Key features: faster integration times, flexible card acquiring, and cloud-based individual BIN configuration. The solution also includes PSP services

Morgan Ellis
news

🔝Thailand🇹🇭and France🇫🇷consider legalizing casinos to stimulate the economy Members Public

🔝Thailand🇹🇭and France🇫🇷consider legalizing casinos to stimulate the economy The gambling industry—both land-based and online—generates significant revenue, prompting several countries to explore ways to tap into this economic potential. ➡️ In Thailand, only state-run lotteries and horse racing have been officially permitted so far; all other forms of

Morgan Ellis
news

💣Argentina🇦🇷: British-Lithuanian neobank Revolut🇬🇧🇱🇹confirms the acquisition of Banco Cetelem Members Public

💣Argentina🇦🇷: British-Lithuanian neobank Revolut🇬🇧🇱🇹confirms the acquisition of Banco Cetelem Revolut will acquire the assets of Banco Cetelem—valued at USD 6.4 million—and, more significantly, a banking license. ▶️ Revolut will face competition from local fintech players such as Ualá and Mercado Pago, as well as established European institutions

Morgan Ellis
news

👀Kenya🇰🇪: Thoughtful cryptocurrency regulation on the Horizon Members Public

👀Kenya🇰🇪: Thoughtful cryptocurrency regulation on the Horizon The bill on virtual asset service providers was added to the parliamentary agenda in April and has gained strong support from key players in the crypto sector. ➡️ Key concept: potential for cross-sectoral regulation. ➡️ In this context, the Finance Committee of the National Assembly

Morgan Ellis
news

🎉Decentralized network Chainlink collaborates with Mastercard Members Public

🎉Decentralized network Chainlink collaborates with Mastercard The alliance will allow 3 billion cardholders to purchase cryptocurrencies directly via blockchain. ➡️The following players will take part in the integration: 👉ZeroHash, which will manage blockchain services and liquidity, enabling the conversion of fiat money to cryptocurrencies and uninterrupted execution of smart contracts.

Morgan Ellis
news