MasterCard To Delete Indian Cardholder Data

MasterCard has informed the Reserve Bank of India (RBI) that it will soon be deleting its data on Indian cardholders, with a “proposed date” in mind. This is in response to the regulation issued by the RBI in April that

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Revolut To Offer Cross-Border Transactions

British fintech startup Revolut has broken new ground by getting a European banking license from Lithuania. This would allow the company to launch operations across the European market in the next year. This is a big move for Revolut since

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New Crypto Banking Startup Opens In Germany

Bitwala, a Germany-based startup has made heaps of progress in a rather short time. Bitwala started out as a crypto payment hub for international blockchain transfers and has now moved into crypto banking. This is the culmination of the funding

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East African Countries Cracking Down On Illegal FX Trading

Forex trading is a lucrative investment opportunity for traders around the world but unfortunately has also gained a shady reputation because of unscrupulous brokers and companies that cheat their customers. A number of governments around the world have turned up

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RBI Wants Customer Verification Through Live Video

The Reserve Bank of India (RBI) has come under a lot of scrutiny in recent times and now more so than ever after RBI Governor Urjit Patel resigned on December 10 citing personal reasons. The RBI will not have his

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SWIFT Trials New Innovative Payment System

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the backbone of global finance for the last few decades. However, that dominance is being challenged by blockchain and other innovative financial technologies which provide a cheaper and faster means

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GFCI Grows Showing Rise of Asian Markets

Published twice a year since 2007, the Global Financial Centres Index (GFCI) lists the top financial centres of the world, which is a great indicator of economic movement worldwide. The GFCI first started in 2007 and since then releases its

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Key Factors When Choosing A Long Term Forex Broker

Forex trading is becoming a full time profession for millions of traders around the globe. There are also a number of newbies who are looking to enter the forex trading market. However, to really get into it, one needs to

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Japan Target Crypto Tax Evaders With Regulations Tightened

Cryptocurrencies continue to presenting a challenge to governments around the world. As the year comes to a close, Japan’s various government services are taking steps to properly regulate the cryptocurrency market. Japan’s National Tax Agency (NTA) recently announced that it

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TransferWise Boosts Presence In Ireland With Easier Transfers

TransferWise is a UK based digital payments company that is looking to use innovation and technology to make international fund transfers less expensive and more effective. The UK company is strengthening its presence in Ireland by coming out with a

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