article thumbnail

dtcpay Announces Shift to Stablecoin-Only Payment Services by 2025

Fintech News

By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant payment solution for businesses and consumers. A recent report from Chainalysis, revealed that stablecoin payments in Singapore reached almost US$1 billion in the second quarter of 2024.

article thumbnail

Brex Secures EU Payment Institution License, Unlocking Next Phase of Global Expansion

Fintech Finance

Brex EU Payment Institution License has been secured via the Netherlands. With this license, Brex is officially authorized to operate across the entire EU, offering direct issuance of commercial credit cards and payment origination capabilities including direct debits and credit transfers. This is just the beginning.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Razer Gold Gets In-Principle Nod for Payment License in Singapore

Fintech News

Razer Gold has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license. This development marks a major step for the gaming-focused virtual credit platform as it prepares to expand its payment services in Singapore. said Adisorn Phonnarut, Global Head of Razer Gold.

article thumbnail

XTransfer Officially Receives MPI License from the Monetary Authority of Singapore

Fintech Finance

1 B2B Cross-Border Trade Payment Platform , was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer’s leading position in the B2B cross-border payments industry.

article thumbnail

Zimpler becomes a Certified Payment Institution in Brazil

The Paypers

Following this announcement, Zimpler will have the possibility to facilitate payments and other Open Finance ecosystem resources, as well as streamlining the checkout process and reducing friction by allowing direct transactions without redirecting users to bank apps.

article thumbnail

Central Bank of Brazil Approves PayRetailers’ Acquisition of Transfeera

Fintech Finance

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved the acquisition of Transfeera , a fintech specialised in payment solutions for businesses, by PayRetailers , a leading payments processor in Latin America and Africa.

article thumbnail

Fipto Secures Second Stablecoin Regulatory Licence in France to Improve Payments Cycle

The Fintech Times

Looking to bridge the world of fiat and digital currencies, Fipto , a blockchain-based payment infrastructure, is looking to make it easier for firms to integrate stablecoins and optimise existing global payment flows using blockchain. The firm is also a licensed Virtual Asset Service Provider (VASP) in Luxembourg.