FinTech News

India, a prominent member of the BRICS coalition, is making significant strides in expanding its cross-border mobile payments infrastructure by teaming up with several nations to advance Central Bank Digital Currencies (CBDCs).

Mastercard and JPMorgan’s new B2B cross-border payment solution marks a significant step in the integration of blockchain-based tools with traditional banking infrastructure.

A new initiative from Informal Systems, a blockchain infrastructure firm with roots in the Cosmos Network, is set to challenge traditional financial systems by enabling direct peer-to-peer debt clearing.

Ripple Labs is intensifying its efforts to support entrepreneurs and small businesses in emerging markets through its expanded partnership with Mercy Corps and the launch of the “Unlocking Opportunity” program.

The Central Bank of Brazil (BCB) has partnered with leading tech companies like Chainlink, Microsoft, and Banco Inter to further develop DREX, the country’s central bank digital currency (CBDC).

Revolut has transitioned from operating as an Appointed Representative to becoming an authorized investment firm in the UK, securing its own independent trading license.

Societe Generale’s crypto-focused subsidiary, SG-FORGE, has revealed plans to integrate its EUR CoinVertible (EURCV) stablecoin with the XRP Ledger (XRPL).