The world's richest man, Elon Musk, has outlined plans to transform Twitter into a financial super app, along the lines of Chinese social media app WeChat.
JP Morgan is teaming up with Mastercard on a service that uses open banking to let customers make payments using their bank account information instead of a card.
Stella Clark, Chief Strategy & Marketing Officer, Fenergo joins FinextraTV at Sibos 2022 to discuss their recent KYC Industry Trends report. Evaluating sustainable rises in markets, and their globalisation, Stella addresses how financial institutions are approaching challenges in KYC compliance and what answers are needed to overcome the challenges automation presents.
Binance says it will not go ahead with plans to buy FTX, citing the results of due diligence and reports of US regulatory investigations into its rival crypto exchange.
