Monday, January 27, 2025

Stitch Acquires ExiPay to Add in-Person Payments to Enterprise Offering
South African FinTech Stitch expanded its enterprise payments offering by acquiring in-person payments provider ExiPay. With this addition, Stitch’s platform encompasses online and in-person payment...

Proposed Bank Charter Processes and Bureaucracy Draw Criticism
FinTechs are being effectively shut out of the process through which they can become players and introduce innovation within the traditional banking system — and regulatory headwinds are to blame. A...

Bybit Launches Bybit Pay in Brazil to Enable Crypto and Fiat Payments
Bybit is making inroads into taking crypto payments mainstream in Brazil with its new payment solution. According to a Monday (Jan. 27) press release, the Bybit Pay solution is live in Brazil and inte...

Nuvei Completes Acquisition of Paywiser Japan Limited
Canadian FinTech Nuvei has completed its acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. With this license, Nuve...

Wells Fargo and Derivative Path Partner on FX Payment Services
Derivative Path and Wells Fargo have partnered to help regional and community banks provide foreign exchange (FX) payment services. The solution enabled by this collaboration works within bank custome...

Ohio’s Proposed Strategic Bitcoin and Crypto Reserve Bill to Potentially Allow Investments of State Funds in Digital Assets
Ohio is taking a significant step towards embracing digital assets, with a new strategic crypto reserve bill (House Bill No. 18) that’s gained praise from former presidential candidate Vivek Ramaswa...

Russia’s Rosseti Ventures into Crypto Mining by Leveraging Underutilized Power Centers
Russia’s largest power grid operator, Rosseti, is venturing into Bitcoin (BTC) and crypto mining by leveraging its underutilized power centers. The state-owned energy provider aims to become a key c...

Chairman of Senate Banking Committee, Senator Tim Scott, Schedules Hearing to Address Nefarious Debanking Activity During Biden Administration
There have been many reports of “Debanking” taking place during the Biden Administration. At times, these reports focused on crypto-related firms that saw their accounts closed by banks – typica...

Industry Execs Predict Trump Effect on Crypto, The Fed and More
Donald Trump’s inauguration has generated speculation on a range of financial issues. Continue reading for a selection of industry commentary. Cryptocurrency “The most important development will b...

Solana-powered Decentralized Exchange Jupiter Announces Majority Stake in Moonshot
Jupiter, a Solana-based decentralized exchange aggregator, has made a significant move by acquiring a majority stake in Moonshot, an app that enables users to purchase memecoins using Apple Pay. This ...

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Monday, January 27, 2025

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