FinTech News

According to Goode Intelligence, global biometric payment transactions are projected to hit $5.8 trillion and involve three billion users by 2026.

FedNow, touted by the US Federal Reserve as a 24/7 instant payments solution and a potential “crypto killer,” has not had the expected impact on the cryptocurrency market.

Adaverse has published its first ‘State of Web3 in Saudi Arabia’ report, highlighting the country as a thriving hub for Web3 entrepreneurs, investors and talent around the world

Bank of Russia Governor Elvira Nabiullina has stated that Russia’s digital ruble is on track to become widely adopted within the next five to seven years.

The European Central Bank (ECB) is seeking expertise from the mobile technology sector to help develop an offline payment model for the digital euro.

The Bank of Ghana has wrapped up a pilot project demonstrating the use of digital credentials for international trade and CBDC-based cross-border transactions.

England’s central bank is set to launch a new series of tests involving distributed ledger technology (DLT) and wholesale central bank digital currencies (wCBDC).