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Welcome to another episode of our Daily Fintech Podcast.
This podcast episode is sponsored by Privacy Lock. Privacy Lock sets the standard for financial service providers in data privacy compliance.
Protect your business and your customers today. Visit www.pentaprivacylock.com
THE NEWS HIGHLIGHT OF THE DAY IS
PayRetailers, the main LATAM Fintech's payments specialist, announced the opening of new offices in Peru, a move that will help the company be closer to its customer base and consolidate its presence in one of the fastest-growing markets.
JUST IN:
Russian banking tycoon Oleg Tinkov has claimed that he was forced to go into hiding and sell his stake in Tinkoff Bank which he founded after openly criticizing the war in Ukraine.
ALSO:
US Senators Elizabeth Warren and Robert Menendez have blasted bank-backed P2P payments app Zelle® over reports of widespread fraud and scams on the platform.
FURTHERMORE,
TrueLayer has created the industry’s first variable recurring payments (VRP) API for both sweeping and non-sweeping payments.
WHAT ABOUT CRYPTO?
Grupo Santander and Oxentia Foundation are inviting startups and scaleups from 11 countries to compete in a blockchain challenge and the chance to win cash prizes.
The U.S. Securities and Exchange Commission has nearly doubled the size of its crypto market and cyber enforcement unit, growing the team to 50 positions with the addition of 20 new staff.