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‘Serenity’ and ‘IDEMIA Secure Transactions’ Launch sAxess Biometric Card for Enhanced Digital Security and Data Recovery

Fintech Finance

The solution utilizes non-fungible tokens (NFTs) as secure credentials within a “digital safe,” providing a decentralized, immutable method for storing and recovering critical information. Its self-custody approach reduces the need for intermediaries, offering control and reduced exposure to third-party risks.

Security 116
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Secure, Rewarding Crypto: COCA and Ramp Network Join Forces to Launch US Offering

The Fintech Times

Cryptocurrency demands are growing in the US, with consumers looking for more options and reliability when delving into the world of decentralised currencies. Millions of US citizens will now be able to purchase cryptocurrencies through the COCA platform and securely store them using multi-party computation (MPC) technology.

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Finovate Global: Talking Fintech Regulation in the European Union with EverC’s Maya Shabi

Finovate

The cost of upgrading systems alone is huge, not to mention the added technical challenge of ensuring interoperability between different PSPs and banks across borders. It is designed to prevent major outages, like the devastating CrowdStrike software update last summer, from crippling banking, payment, and investment services.

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Fintech Poised for Greater Innovation and Consolidation in 2024

Fintech News

2024 is expected to be a year of innovation for the fintech industry, marked by advancements in artificial intelligence (AI), cross-border and real-time payments, cryptocurrency and blockchain, and bundled software-as-a-service (SaaS) offerings. Lightspeed partners expect this trend to gain even more momentum into 2024.

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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

On January 14, 2019, the Singapore Parliament passed its comprehensive Payment Services Act (PS Act), replacing the former Payment Systems Oversight Act and Money-Changing and Remittance Businesses Act to broaden the scope of regulated payment activities to include emerging trends and industries like digital assets and cryptocurrencies.

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In the age of crypto, is FATF playing catch-up on Recommendation 16?

The Payments Association

While this requirement has been a cornerstone of AML and CTF efforts, its implementation has traditionally focused on the banking sector, which operates within well-defined regulatory frameworks. NFTs, layer-2 scaling solutions, and DAOs) constantly emerging. This raises questions about whether the FATF is leading or following.

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Top 18 Fintech Events in Singapore to Attend in 2024

Fintech News

The city-state hosts some of ASEAN’s biggest and largest fintech companies; it continuously attracts the lion’s share of fintech funding across the region; and its well-established banking sector has shown commitment to adopting and integrating emerging technologies.

FinTech 113