Elon Musk backed down and decided to comply with court orders in Brazil, an attempt to end a monthslong clash that culminated in million-dollar fines and the banning of his social network X in Latin America’s largest economy.
X appointed a legal representative in the country on Friday, seeking to...
Singapore's dtcpay is teaming up with Visa on a card that enables ultra high net worth individuals to convert their digital currencies such as stablecoins into fiat at real-time rates.
Dtcpay says the partnership will help bridge the gap between traditional payments and digital currencies, enabling merchants to accept payments...
According to Bloomberg, the retail giant is tapping into Fiserv's NOW Network, which integrates with The Clearing House’s Real Time Payments network and the Federal Reserve’s FedNow.
The feature - coming next year - provides shoppers with an alternative to the card networks, which Walmart and other retailers have long...
The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India.
The New York-based investment firm Blackstone, which owns Motel 6′s parent company G6 Hospitality, announced Friday that the deal would be an all-cash transaction worth $525 million.
The transaction will...
2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms...
Crypto.com has secured full approval from the Central Bank of Bahrain to operate as a payment service provider (PSP) through its local subsidiary.
This approval enables Crypto.com to expand its payment services in the region, including e-money offerings as well as the introduction of its prepaid cards.
Bahrain’s Minister of Sustainable Development, H.E. Noor bint...
Federal Reserve Governor Michelle Bowman on Friday issued a statement explaining her decision to dissent from the central bank's decision to cut interest rates by 50 basis points.
The Federal Open Market Committee (FOMC), the Fed's policymaking arm, lowered its target range for the benchmark federal funds rate from a...
Boeing (BA.N), opens new tab said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.
Ortberg who took over in August said Ted Colbert would be leaving and Steve Parker, the unit's chief...
Rapid technological advancements and regulatory shifts are hindering operational efficiencies in the fintech sector according to research by Future Finance, the financial services supporting body. Looking to drive innovation in the face of these challenges, Future Finance is leading a new initiative.
In this programme, Future Finance will support businesses...
The UK’s Department for Business and Trade has revealed that venture capital fund managers who have signed up to the government’s ‘Investing in Women Code’ are more likely to invest in female founders.
Just shy of a third (32 per cent) of all venture capital deals made by Investing in Women Code...
