Observatory August 2023
Highlights of the month
Payment news
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Digital Euro aims to be a simple currency
The European Central Bank has unveiled its vision for its future central bank digital currency. The institution talks about a consumer applicatio...
PayPal and MetaMask join forces to make it easier to buy crypto
ConsenSys, the parent company of MetaMask, has announced the upcoming integration of the Paypal payment service on its crypto-currency wallet. ...
Credix organizes loan financing with stablecoins
A Belgian FinTech, called Credix, has big ambitions for the crypto-asset based credit market. It is targeting its offer to emerging countries and...
Mercado Libre launches its own crypto-currency in Brazil
Brazilian e-commerce platform Mercado Libre has just announced the launch in Brazil of Mercado Coin, its own crypto-currency. Managed by its fint...
In brief: Mercado Pago pushes payment initiation in Brazil
Mercado Pago, the payments arm of the Mercado Libre financial company, is preparing to make the PIX payment initiation tool developed by the Cent...
US regulator slams decentralised finance
In the United States, the BlockFi platform has specialised in offering credit and interest-bearing accounts backed by crypto-currencies. Its deve...
PayPal to introduce its own crypto-currency soon
PayPal has long been interested in crypto-currencies and a way for its group to position itself in this growing market. In the face of persistent...
Novi finally hits the market
Facebook's digital wallet, called Novi, is finally making its appearance on two international markets. A half-hearted launch, however, since ...
The launch of Novi is coming
Facebook would finally be on the verge of officially launching its digital wallet called Novi on the market. An umpteenth announcement while the ...
Banque de France to Test a Central Bank Digital Currency?
FACTS During a conference held by the ACPR, the Banque de France announced they were running tests to craft a Central Bank Digital Currency...
Payments News in Brief – November 2019
Players’ Strategy CHINA – Wirecard sets to acquire all shares in Allscore Payments Services. This agreement, amounting to €72.4 million, gi...
ADN’co Payments Insight – November 2019
Players’ Strategy – Major League Taking Action UNITED STATES – Google gest ready to launch a checking account. Read more UNITED STATES –...
Google Working on a Checking Account
FACTS Yet another player looking into the banking industry, Google plans to launch a checking account in the US.
Facebook Introduces a Unified Payment System
FACTS Facebook unveils Facebook Pay, a unified payment system to apply to all their apps: Messenger, WhatsApp, Instagram and Facebook.
Uber Further Looking into Financial Services
FACTS The on-demand transport specialist Uber is building a new unit called Uber Money.
Payments News in Brief – October 2019
Players’ Strategy UNITED STATES – Active.Ai teams up with Visa to provide banking institutions with interactive AI-powered solutions (e.g.:...
The Era of Crypto-Banks Opens in Switzerland
FACTS The Swiss Financial Market Supervisory Authority (FINMA) granted banking licences to two start-ups specialising in digital assets: Se...
China to Issue Own Digital Currency
FACTS During the China Finance 40 Forum event, People's Bank of China reported their virtual currency could be considered operational after...
Money Transfer: Ripple Enters MoneyGram’s Capital
FACTS The Californian start-up Ripple behind a Blockchain-based real-time payment protocol announces a 2-year strategic partnership with tr...
