News

The Central Bank of the Republic has laid down the foundation for Colombia’s instant transfer system, inspired by the Brazilian Pix platform. In Colombia, for instance, a PIX would end the dependency on payment methods such as PSE and Transfiya, as these would not be sufficient. On November 1,

In a move that reaffirms its commitment to revolutionizing digital commerce banking, Juni has taken a pivotal step in expanding its cross-border payment capabilities. European businesses using Juni's platform can now seamlessly conduct transactions with entities in both the US and mainland China.

India's Universal Payment Interface (UPI) has garnered both praise and criticism from the global payment giant, Mastercard. At a recent UBS conference, Mastercard's CFO, Sachin Mehra, commended UPI for its role in digital transformation. However, he expressed concerns about its long-term financial viability. What is UPI?

In a major step towards ensuring robust security and transparency in identity verification processes, Brazil has initiated the use of blockchain technology for issuing its National Identity Card (Carteira de Identidade Nacional - CIN). Implemented by Serpro, this innovative approach encompasses the new version of the Shared Registry of the

In a pivotal move, Metro Bank, the UK-based "challenger" bank, has successfully maneuvered through its recent financial predicaments by securing £325m in a deal that's being hailed as the advent of a "new chapter" for the institution. After unsettling reports last week speculated on

Just a year ago, Bankman-Fried occupied a $40 million penthouse in the Bahamas, overseeing a crypto empire then valued at a staggering $32 billion. Today, he is entwined in what the U.S. government deems one of the largest financial frauds in the nation's history