E money news latest
Here are the latest news and updates on e-money:
Top Stories
- PayPal to Acquire Honey for $4 Billion: PayPal has agreed to acquire Honey, a popular browser extension and mobile app that helps users find and apply coupon codes, for $4 billion. The acquisition is expected to enhance PayPal's e-commerce capabilities. (Source: CNBC)
- Stripe to Launch Digital Wallet: Stripe, a popular online payment processing platform, is launching a digital wallet that will allow users to store and manage their payment information securely. The wallet will be available in the coming months. (Source: The Verge)
- Google Pay to Add Cryptocurrency Support: Google Pay is planning to add support for cryptocurrencies such as Bitcoin and Ethereum, allowing users to store and use them for transactions. The feature is expected to roll out in the coming months. (Source: CNET)
Regulatory Updates
- EU to Introduce New E-Money Regulations: The European Union is introducing new regulations for e-money institutions, which will require them to hold a minimum of 1% of their outstanding e-money in a reserve fund. The regulations aim to improve consumer protection and reduce the risk of e-money institutions failing. (Source: The Financial Times)
- UK to Introduce New E-Money Regulations: The UK's Financial Conduct Authority (FCA) is introducing new regulations for e-money institutions, which will require them to hold a minimum of 1% of their outstanding e-money in a reserve fund. The regulations aim to improve consumer protection and reduce the risk of e-money institutions failing. (Source: The Financial Times)
Industry News
- Mastercard to Launch Digital Wallet: Mastercard is launching a digital wallet that will allow users to store and manage their payment information securely. The wallet will be available in the coming months. (Source: The Verge)
- Visa to Launch Cryptocurrency Platform: Visa is launching a cryptocurrency platform that will allow users to buy, sell, and hold cryptocurrencies such as Bitcoin and Ethereum. The platform is expected to roll out in the coming months. (Source: CNET)
Company News
- PayPal to Launch New E-Money Product: PayPal is launching a new e-money product that will allow users to store and manage their payment information securely. The product is expected to roll out in the coming months. (Source: The Verge)
- Stripe to Launch New E-Money Product: Stripe is launching a new e-money product that will allow users to store and manage their payment information securely. The product is expected to roll out in the coming months. (Source: The Verge)