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Although central banks have concluded that the risk of SARS-2 transmission is low, China and Korea have still begun isolating and disinfecting used banknotes.
Nuri, a German crypto-focused digital bank, has declared bankruptcy, blaming macroeconomic challenges and the crypto market collapse. The company, formerly known as Bitwala, filed for insolvency in a Berlin court on Tuesday, only weeks after announcing plans to lay off 20% of its workers in order to achieve profitability.
Nexi has established a collaborative agreement with Microsoft to digitize payments solutions and secure cloud-based infrastructures across the European market.
As the internet giant attempts to reinvent its mobile payment system, the new Google Wallet has begun to surface on phones in dozens of regions.
Thanks to the cryptocurrency boom that came around in the last couple of years, professional investors, corporations, and novices have new options for where to invest their capital. Additionally, this boom introduced a number of other attractive tools.
With the debut of French company Qori, some European countries may now pay in-person, remotely, or online using their bank or cryptocurrency wallet without having to download a special app.
Mambu has announced a collaboration with Visa to use Visa DPS, one of the world’s leading processors of Visa debit transactions. The move will enable Mambu to provide additional card services, such as linking consumers to Visa DPS for end-to-end card issuance operations.
The professional services giant Deloitte is getting increasingly serious about Bitcoin amid the struggling market, launching a major program to encourage the adoption of the cryptocurrency.
To drive innovation across the crypto, Web3, and blockchain industries, Binance Labs, the investment arm of the leading cryptocurrency exchange Binance, has established a $500 million fund in partnership with global investors, including DST Global Partners and Breyer Capital.
National Australia Bank (NAB) has announced the launch of a new buy now, pay later service called ‘NAB Now Pay Later’. Customers can pre-register for the service on the bank’s website.
Through a partnership with FinLync, Deutsche Bank is able to utilize pre-built API integrations and SAP-integrated treasury applications to enable real-time interaction between corporate teams.