BlackRock Inc. is deepening its foray into the cryptocurrency sector with its IBIT Bitcoin ETF by bringing in more Authorized Participants (APs), including top-tier financial entities like Citadel Securities LLC and Goldman Sachs. By expanding its roster of APs to nine, BlackRock signals a robust belief in the crypto investment landscape. These APs play a crucial role in preserving the
Zilch, an emerging ad-supported payment platform with over 3.6 million users, has entered into a strategic alliance with Checkout.com, a prominent online payment solution provider. This partnership propels Zilch’s expansion in the UK and US, leveraging Checkout.com’s prowess in managing advanced digital transactions and its impressive market footprint. As Zilch’s chief acquisition partner, Checkout.com will bolster Zilch’s offerings, including flexible
Embedded finance is revolutionizing how consumers access and use financial services by seamlessly integrating them with non-financial businesses. This trend extends beyond simplifying transactions—it reshapes the role of traditional banking, impacts consumer relationships, and redefines financial inclusion. The Rise of Embedded Finance Emerging Trends in Financial Integration Embedded finance represents the integration of financial services into platforms traditionally outside the
Skipify is teaming up with Visa, leveraging the latter’s Digital Commerce Program to enhance online payment experiences. This partnership combines Visa’s digital payment framework with Skipify’s Connected Wallet to streamline and secure digital transactions. It’s a powerful synergy that aims to bolster Visa’s payment capabilities within Skipify’s tech space. This alliance brings the unique benefit of Visa’s Click to Pay
NVIDIA’s GeForce GTX 1650 has served as a cornerstone in the budget GPU market since its launch, offering a cost-effective solution for gamers and content creators alike. This graphics card has been celebrated for its balance of price and performance, filling a niche for users not requiring the cutting-edge but still desiring reliable functionality. As NVIDIA announces the end of
The dawn of Web 3.0 marks a significant pivot in the digital realm, driven by innovations in blockchain, AI, and a strong focus on enhancing user security and privacy. This iteration of the web is setting the stage for a reimagined form of digital engagement and proprietorship. Web 3.0 is not just a technological upgrade; it’s a redefining leap forward.
The DeFi ecosystem on Bitcoin is burgeoning, thanks to the entrance of Velar and its proprietary token, VELAR. This innovative addition operates on the Stacks platform, leveraging Bitcoin’s robust security to offer new DeFi products. Velar’s introduction marks a pivotal shift in Bitcoin’s role in the financial sector, potentially transitioning it from being predominantly a digital gold to a foundational
The cryptocurrency market has recently faced a startling downturn, with leading cryptos such as Bitcoin and Ethereum experiencing significant price drops. This market correction has spooked investors and led analysts to renegotiate their forecasts concerning the trajectory of digital assets. The decline in Bitcoin’s value by approximately 5.71% and Ethereum’s by around 9.51% has opened a discussion about the underlying
Hong Kong is gearing up to become a global center for trading and regulatory management of Real World Assets (RWA) and Security Token Offerings (STOs). By leveraging blockchain, Hong Kong aims to transform the traditional dealings with physical assets by tokenizing them, thus lowering investment barriers and making the real economy more accessible to a wider range of investors. This
Payment service provider Ecommpay has announced a strategic partnership with GoCardless to integrate Direct Debit payment solutions for UK and EU businesses. This collaboration caters to the increasing consumer preference for Direct Debit for regular payments, as it offers convenience and security for both businesses and consumers. Direct Debits are extensively used in the UK, and their popularity is expanding
In a groundbreaking development for Egypt’s financial sector, Damen & BKN301 Group have launched “Damen Cash,” a mobile app advancing electronic payments and championing financial inclusion, in line with Egypt’s Vision 2030 and digital ambitions. The app offers a vital service to people, especially the underbanked and those in remote regions, by providing a secure, streamlined platform for monetary transactions,
As the 2025 deadline for Europe’s Verification of Payee (VoP) mandate approaches, Payment Service Providers (PSPs) face a crucial period of transition. With the mandate aimed at bolstering payment security, PSPs must adopt significant tech and operational upgrades. According to iPiD’s white paper “Verification of Payee: The Race to Compliance,” PSPs are advised to undertake a comprehensive strategy for compliance.
