Tag: approval
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Currencycloud receives in-principle approval in Singapore
Exciting news for Currencycloud as they recently announced that they have received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a remittance business in Singapore. This approval marks a significant milestone for Currencycloud as it expands its global footprint and establishes a presence in the thriving Asian market. With Singapore being…
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Nium obtains in principle approval for two payment licences
Nium, a leading global B2B (business-to-business) payments platform, has announced that it has obtained in principle approval for two payment licences from the Monetary Authority of Singapore (MAS). Obtaining these payment licences will allow Nium to serve businesses and consumers in Singapore more comprehensively. It will empower the company to provide a wider range of…
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X gains money transmitter approval in Utah
X Gains Money Transmitter Approval in Utah SALT LAKE CITY, Utah – X, a leading financial technology company, has announced its newly acquired money transmitter approval in the state of Utah. This significant achievement marks a major milestone for X, allowing them to expand their operations and services within the state. The…
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BitGo receives in principle approval to operate in Singapore
Singapore – BitGo, the leading blockchain security and digital asset custody company, has recently announced that they have received in principle approval from the Monetary Authority of Singapore (MAS) to operate as a regulated provider for digital payment token services. This approval makes BitGo one of the first companies to be granted such a…
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Nu Colombia receives approval to operate as a financing company
Nu Colombia Receives Approval to Operate as a Financing Company Nu Colombia has recently received official approval to operate as a financing company, marking a significant milestone in its journey to revolutionize the financial landscape in Colombia. The approval comes from regulatory authorities, acknowledging that Nu Colombia has met all the necessary requirements and can…
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EnKash receives payment aggregator approval from RBI
EnKash, a leading provider of integrated corporate card payments solutions, has recently received payment aggregator approval from the Reserve Bank of India (RBI). This approval signifies EnKash’s commitment to adhering to the highest standards of security and reliability in their payment processing services. The RBI is the central regulatory body responsible for ensuring the stability,…
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Banorte receives approval to launch its digital bank
“Banorte, one of Mexico’s leading banks, has recently received the approval to launch its digital bank, marking a significant milestone in the institution’s evolution towards digital transformation”. After several months of meticulous planning and regulatory procedures, Banorte has finally been granted the green light to unveil its highly anticipated digital banking platform. This is…
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EU nears approval of artificial intelligence regulations
EU Nears Approval of Artificial Intelligence Regulations The European Union (EU) is on the verge of approving groundbreaking regulations on the use of artificial intelligence (AI). These regulations aim to establish a legal framework that safeguards fundamental rights, ensures public safety, and fosters innovation and trust in AI technologies. Under the proposed rules, high-risk AI…
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eToro receives approval from ADGM to operate in the UAE
June 15, 2021 eToro, the leading social trading and investment platform, has received approval from the Abu Dhabi Global Market (ADGM) to operate in the United Arab Emirates (UAE). This approval opens up significant opportunities for eToro to expand its presence in the Middle East and provide its innovative services to investors in the region.…
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PayPal receives approval for crypto operations in the UK
PayPal Receives Approval for Crypto Operations in the UK Exciting news for cryptocurrency enthusiasts in the UK: PayPal, the renowned global online payments giant, has received approval from the Financial Conduct Authority (FCA) to expand its cryptocurrency services in the country. With this approval, PayPal can now allow customers in the UK to buy, sell,…
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Slice secures approval to merge with a bank
Slice Secures Approval to Merge with a Bank In a groundbreaking move, Slice has received approval to merge with a major bank, marking a significant achievement for the financial technology startup. The merger, which is expected to be finalized by the end of the year, will create a powerful synergy between Slice’s innovative digital platform…