UnitedStates
😱United States🇺🇸: shares of the payment company Block rose 25% after the announcement that the owner wants to reduce staff by half in favor of AI Paid Members Public
😱United States🇺🇸: shares of the payment company Block rose 25% after the announcement that the owner wants to reduce staff by half in favor of AI Not exactly by half… the upcoming layoffs will affect 4,000 employees out of a workforce of 10,000. The move was announced by
🎉United States 🇺🇸: Office of the Comptroller of the Currency grants Crypto.com conditional approval for a national trust bank charter Paid Members Public
🎉United States 🇺🇸: Office of the Comptroller of the Currency grants Crypto.com conditional approval for a national trust bank charter The Office of the Comptroller of the Currency (OCC), a bureau of the U.S. Department of the Treasury, has granted Crypto.com conditional approval to obtain a national trust
🎉United States 🇺🇸: Office of the Comptroller of the Currency grants Crypto.com conditional approval for a national trust bank charter Paid Members Public
🎉United States 🇺🇸: Office of the Comptroller of the Currency grants Crypto.com conditional approval for a national trust bank charter The Office of the Comptroller of the Currency (OCC), a bureau of the U.S. Department of the Treasury, has granted Crypto.com conditional approval to obtain a national trust
🧐 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
🎉 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
📢 How Elon Musk is advancing his vision of turning “X” into an all-in-one application Paid Members Public
📢 How Elon Musk is advancing his vision of turning “X” into an all-in-one application By late February or early March, the former platform known as “Twitter” plans to introduce so-called “smart cashtags”. In addition, the platform is preparing to launch an external beta version of its internal payment system X-Money.
⚠️ Stripe Faces Regulatory Scrutiny After Acquiring Bridge Paid Members Public
⚠️ Stripe Faces Regulatory Scrutiny After Acquiring Bridge After acquiring Bridge, the crypto startup specialized in stablecoin infrastructure, it emerged that its platform had been linked to transactions involving entities and high-risk activities that attracted regulatory attention. This situation could have significant consequences for Stripe, which acquired Bridge for $1.1
😱United Kingdom🇬🇧: Central Bank moves forward with a proposal for an alternative payment system to cards Paid Members Public
😱United Kingdom🇬🇧: Central Bank moves forward with a proposal for an alternative payment system to cards The initiative is expected to enable consumers to make purchases directly from their bank accounts, reducing reliance on traditional debit and credit card networks. Working groups involving representatives from the financial sector and other