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Reserve Bank of India Says It’s Exploring Possibility Of Digital Rupee

PYMNTS

percent increase in volume and value, respectively, since 2011. In addition, the RBI might try to expand adoption of crypto by targeting people born between 1982 and 2004, which has been considered “the generation which is most responsive to technology and digital age,” according to the report. percent and 4.5

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

PEPSI promises to rival not only the two credit card giants, but also other financial technology companies including Google , Apple , Alipay and WeChat Pay. . In 2011, PYMNTS reported on the Monnet Project , where two dozen European banks from seven countries considered starting a new European card system.

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What is TRACE Reporting? (Part 1 of 6)

Perficient

TRACE reporting was expanded in March 2010 to include agency-backed securities and again in May 2011 to include asset-backed securities. All broker-dealers who are FINRA member firms have an obligation to report transactions in TRACE-eligible securities under an SEC-approved set of rules.

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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. At university I started a company that went onto Y Combinator in 2007, but I had to leave at that time. I think the word FinTech wasn’t yet around.

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Goldman Sachs Forecasts Acceleration In eCommerce Sales

PYMNTS

The firm also noted that the pandemic is fueling technology adoption aside from software “as warehouse automation through robotics is being pushed both by the need for workers to socially distance as well as the need for increased efficiency over 24 hour work cycles.”. In addition, JLL forecasted that the U.S.

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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

PYMNTS

When Mambu launched in 2011, we knew the future of banking would have to be built on agile and flexible technology,” Eugene Danilkis , co-founder and CEO of Mambu, said in a press release. Nearly a decade later, this is more true now than ever, particularly given developments over the past year.”.

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Khalti Digital Wallet Teams With Cinemas; Trinity Technology Receives Mobile Money License

PYMNTS

In addition, Trinity Technology has reportedly received an operational license for mobile money in South Sudan , and Thailand’s Bangkok Bank (BBL) is predicting that 90 percent of transactions will be completed by mobile apps over the next three years. . Welcome to The Axis, your late look at payments news from around the world.

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