Plans by Italy's new government to promote cash over digital payments are facing pushback from the country's central bank over black economy and tax evasion concerns.
Circle Internet Financial, issuer of the USDC stablecoin, has pulled the plug on its planned Spac deal with Concord Acquisition Corp, the blank check firm run by former Barclays bigwig Bob Diamond.
US-based instalment service Splitit has partnered with Google to add its Instalments-as-a-Service solution to the Google Store in the US, Canada, and Australia
Tencent Financial Technology, Tencent's fintech arm, is pleased to introduce Tenpay Global, a new international brand for its cross-border payment business.
Wells Fargo has unveiled a new digital banking platform, Vantage, to more effectively service its commercial, corporate, and investment banking clients.