News from the IoT World

Revolut is set to acquire Banco Cetelem Argentina from BNP Paribas Personal Finance, marking its first direct entry into the Argentinian banking sector as it accelerates its Latin American expansion strategy. Revolut acquires Banco Cetelem in Argentina Financial terms were not disclosed, and the deal remains subject to regulatory approval from Argentina’s central bank. Revolut […]

Kraken has launched Krak, an ambitious new global money app that fuses the borderless capabilities of crypto with everyday financial functionality. Kraken unveils Krak global money app In what the company describes as a move to “reimagine what constitutes money and value,” Krak enables users to transact instantly and at minimal cost worldwide, while earning

In 2024, the mobile money industry crossed a historic threshold. According to the GSMA State of the Industry Report on Mobile Money 2025, the sector now boasts over 2.1 billion registered accounts and 514 million monthly active users. This is a milestone that underscores the transformation of mobile money from a financial inclusion enabler into

A new rouble-pegged cryptocurrency, A7A5, has quietly become a potent tool in Russia’s efforts to circumvent Western sanctions — moving $9.3bn in transactions within four months of its February launch. Russia’s shadow stablecoin Behind the project is a cast of sanctioned banks, fugitive oligarchs, and a crypto exchange that appears to have risen from the

Now that the SEC has officially dropped its long-running case against Ripple, the crypto firm is walking away with a clear win. Ripple vs SEC outcome But this isn’t just a milestone for Ripple or XRP holders. The decision has sent a jolt through the global financial system, especially in foreign exchange and cross-border payments.

The way we deal with money has changed in recent years. It is no longer necessary to carry enough money or visit an ATM to split a dinner bill. Peer-to-Peer payment networks The current peer-to-peer payment systems have transformed the way people perform financial transactions, as it is now possible to transfer money within seconds

In a move poised to reshape payment infrastructure delivery, RS2 has announced a strategic collaboration with Visa to provide an end-to-end global processing solution for banks, fintechs, and merchants. RS2 and Visa partner This alliance blends Visa’s industry-leading front-end authorisation capabilities with RS2’s sophisticated back-end processing technology, forming a powerful, agile platform for seamless, real-time

JPMorgan’s unveiling of JPMD, a blockchain-based “deposit token”, signals yet another attempt by a major bank to reconcile traditional finance with the decentralised future. JPM’s deposit token Positioned as a step beyond stablecoins, JPMD is pitched as a secure, interest-bearing digital representation of institutional deposits. Yet while the product may offer marginal benefits for crypto-adjacent

As the UK iGaming market continues to shift rapidly toward mobile and in-app gambling, operators are under pressure to meet player expectations not just in gameplay but in payments. How Apple Pay is reshaping in-app gambling In a space where speed, simplicity, and trust define success, payment solutions must feel as seamless as the apps

The digital economy continues to evolve and banks face a moment of reckoning. No longer can financial institutions afford to operate as mere destinations for transactional services. Embedded finance – a strategic roadmap The future – fast approaching, if not already here – demands that banks embed themselves seamlessly into the digital lives of consumers.