All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Mastercard reports 22% increase in net income for Q4 2024
Net revenue grew 16% on a currency-neutral basis, reaching $7.5bn in Q4 2024.
Cedar Money secures $9.9m in seed funding
Led by QED Investors, the round saw participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar.
AstroPay gets Payment Institution licence in Brazil
AstroPay has also expanded its team in Brazil and adjusted its services to address the needs of local users and expat community
Kraken launches Kraken Pay for instant crypto payments
The service enables users to pay for transactions, allowing cross-border and multi-currency payments.
Visa expands tie-up with ServiceNow for dispute management
Both companies have partnered with Skyflow to address PCI compliance.
India’s MobiKwik and Cred launch e-Rupee wallets
The product was developed in collaboration with the Reserve Bank of India (RBI) and Yes Bank, which will act as the sponsor bank for CBDC issuance.
Crypto exchange Binance faces money laundering probe in France
The scope of the probe extends to offences purportedly committed within France and throughout the EU.
Coinbase gains VASP registration in Argentina
Matías Alberti has been appointed to lead Coinbase’s operations in Argentina.
Elon Musk’s X strikes alliance with Visa to launch digital wallet
The X Money service is expected to launch in the first quarter, with Visa being the first partner for X Money accounts.
Stitch adds in-person payments capabilities with ExiPay purchase
This move allows Stitch to offer a unified platform for both online and In-person payments.