TechREG

Nubank Boosts Investment and Gains Regulatory Approval in Mexico 
Nubank Boosts Investment and Gains Regulatory Approval in Mexico 
December 06, 2022  |  Digital-First Banking

Nubank has added a $330 million equity capitalization to its investment in Mexico.  The Brazilian digital financial services platform said in a Tuesday (Dec. 6) press release that...

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FSB to Enhance Monitoring of DeFi-Specific Vulnerability Indicators 
FSB to Enhance Monitoring of DeFi-Specific Vulnerability Indicators 
December 06, 2022  |  Cryptocurrency

The Financial Stability Board (FSB) is stepping up its monitoring of crypto-assets and decentralized finance (DeFi).  During its Monday and Tuesday (Dec. 5 and 6) meeting in...

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EU Says Meta Needs to Change Targeted Ad Practices
EU Says Meta Needs to Change Targeted Ad Practices
December 06, 2022  |  Regulation

European privacy regulators say Meta shouldn’t require users to accept ads based on online activity. The ruling could limit the data the social media giant can use to...

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More Brands Following Tech and Automakers into Connected Cars
More Brands Following Tech and Automakers into Connected Cars
December 06, 2022  |  Connected Economy

As consumers seek frictionless payments, businesses are looking to connect with captive in-car customers. Most recently, energy giant Chevron was reported to have created an app for Apple CarPlay...

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Australia Sues Amex for Violating Credit Card Distribution Rules
Australia Sues Amex for Violating Credit Card Distribution Rules
December 06, 2022  |  Regulation

Australia’s securities regulator says American Express issued customers cards without ensuring they understood them. In a lawsuit filed Monday (Dec. 6), the Australian Securities & Investments Commission (ASIC) alleges...

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JG Wentworth Buys Stilt’s Digital Lending Platform 
JG Wentworth Buys Stilt’s Digital Lending Platform 
December 05, 2022  |  Consumer Finance

JG Wentworth has acquired FinTech and personal loan lender Stilt’s digital lending platform.  With the acquisition, JG Wentworth, a consumer financial services company, will accelerate its...

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Zimpler Launches Paylink Solution for Invoice Payments
Zimpler Launches Paylink Solution for Invoice Payments
December 05, 2022  |  Payment Methods

The Swedish FinTech Zimpler announced the launch of its Paylink solution on Monday (Dec. 5). Joining the ranks of Mastercard’s Pay-by-Link, Zimpler’s new solution allows businesses to...

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Italy’s New Government Now Likes Cash
Italy’s New Government Now Likes Cash
December 04, 2022  |  Digital Payments

Italy could give merchants permission to decline digital payments on transactions under 60 euros. New prime minister Giorgia Meloni has proposed that change in her...

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Maersk Quietly Quits TradeLens Blockchain Project
Maersk Quietly Quits TradeLens Blockchain Project
December 02, 2022  |  Blockchain / Distributed Ledger

With the crypto industry under fire, some blockchain projects are also on the chopping block. It wasn’t supposed to be this way.   After all, blockchains...

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