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Mastercard Partners With Amazon to Digitize Payment Acceptance

Mastercard and Amazon Payment Services have partnered to digitize payment acceptance in the Middle East and Africa. Under the partnership, Amazon will adopt Mastercard’s single touchpoint for payment processing across…

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US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts

The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts…

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Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences

The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream…

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Kenyan Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs

In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing…

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Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed…

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Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi

A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access…

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Eurosystem Approves New Oversight Framework Concerning Crypto Services

The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will…

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Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals

Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading…

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