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Australia suspends license of local FTX entity; & more!

Australia suspends license of local FTX entity; & more!

FromConnecting the dots in FinTech... by Marcel van Oost


Australia suspends license of local FTX entity; & more!

FromConnecting the dots in FinTech... by Marcel van Oost

ratings:
Length:
3 minutes
Released:
Nov 19, 2022
Format:
Podcast episode

Description

BREAKING NEWS
The Australian Securities and Investments Commission (ASIC) has suspended the license of the Australian unit of FTX allowing the platform to provide limited financial services related to the termination of existing derivatives with clients. Link here
#FINTECHREPORT
Check out Frollo’s report on the State of Open Banking in Australia. The report is a  deep-dive into the actual usage of CDR Access Models, and a look ahead into the future of the Consumer Data Right. Link here
INSIGHTS
Visa brings face payments and instantly-issued prepaid cards with animated art to the World Cup and has installed 5300 contactless-enabled payment terminals at official venues. Link here
Mastercard extends inclusive card options across Europe, by expanding its “True Name” feature, which is particularly important for transgender and non-binary people as it allows them to personalize the name they want on their card. Link here
Mexican customers switch from traditional banks to fintechs searching for better and flexible services, although many maintain a traditional bank account, and while fintechs' role in the country is growing, penetration remains slow, according to a number of reports. Link here
Released:
Nov 19, 2022
Format:
Podcast episode

Titles in the series (100)

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