PSD2 Definition

Short for Payment Service Directive 2. It is a directive by the European Union and it’s puruse in regard to the payments industry was to increase pan-European competition with participation also from non-banks, and to provide for a level playing field by harmonizing consumer protection and the rights and obligations for payment providers and users. The most important aspect is that third party groups are able to have access to customer accounts. The directive is criticized for only being applied in the European Economic area but not to transactions to or from third countries

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India's Digital Rupee Gains Momentum with Fintech Integration

Rosalia Mazza

India's Digital Rupee, introduced by the Reserve Bank of India (RBI) in December 2022, gains momentum. Cred has become the... Full Article

Stori Targets IPO Within Two Years After Reaching Sustainable Profitability

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Mexican fintech Stori posts sustainable profits and sets sights on an IPO by late 2026, as it expands services for... Full Article

Flexbase Acquires Maza Financial for $40M, Expands Consumer Arm

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Flexbase Technologies acquires fintech startup Maza Financial for $40 million, rebranding it as Flex Consumer to expand its solopreneur offerings.... Full Article

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PayPal plans to launch PYUSD on the Stellar blockchain, expanding its stablecoin's utility for real-world payments, remittances, and financing—pending regulatory... Full Article