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VoPay unveils instant micro-transaction service for bank account verification

VoPay, a leading provider of embedded financial technology solutions, has launched VoPay Verify, an Instant Bank Account Verification solution via microtransactions – pioneering the first-of-its-kind service in Canada and the United States. ....

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What are spot-bitcoin ETFs and why are they driving bitcoin prices upward?

Spot-bitcoin ETF refers to a financial vehicle approved by the US markets regulator, SEC, to invest directly in bitcoins rather than via derivatives. The move, if approved, would widen this cryptocurrency’s reach and popularity among investors. ....

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Kuwait International Bank unveils KYC updates on mobile app

As part of the services offered through its mobile application, Kuwait International Bank (KIB) launched its “Update your KYC” service that enables all customer segments to update their information and personal data wherever they are, whether inside Kuwait or while traveling abroad, at any time around the clock. ....

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X Says SEC Didn't Have 2-Factor Authentication Enabled at Time of Breach

The SEC said it would work with law enforcement and government partners to investigate the matter and determine appropriate next steps. ....

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Blockchain Regulation In 2024: The 'Re-Centralization' Trap

2024 is the year that will set into motion regulatory requirements that could force blockchain networks to “re-centralize.” ....

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