FintechOS Launches in US to Drive Digitalization in Underserved Financial Institutions
USA finance

FintechOS Launches in US to Drive Digitalization in Underserved Financial Institutions

Financial tech provider will serve established banks and credit unions as well as new fintechs, simplifying digitization processes. FintechOS aiming to support more than 15 financial institutions on the continent. FintechOS forged a framework for operational success in the US with partners including Microsoft, Deloitte, Persistent and Capgemini. 100 new US hires by 2022.

What’s going on with Binance? The low-down on the drama-ridden crypto exchange
Cryptocurrency exchanges

What’s going on with Binance? The low-down on the drama-ridden crypto exchange

Thanks to a wave of disgruntled customers and enthusiastic regulators, Binance has been garnering all the wrong types of attention over the past 24 months. Bloomberg reported in March that the firm was under investigation by the US Commodity Futures Trading Commission, with the regulator seeking to determine whether cryptocurrency derivatives were bought and sold by US citizens on the Binance platform. This was followed by another report in May that the US Justice Department and IRS were also investigating the Group.

Singapore to License Digital Payment Providers, Approves Crypto Exchange – Regulation Bitcoin News
Cryptocurrency exchanges

Singapore to License Digital Payment Providers, Approves Crypto Exchange – Regulation Bitcoin News

The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto hub, industry observers say. Digital Payment Service Providers to Be Authorized…