FinTech Weekly - Fintech News Issue #364

Blockchain Cryptos

Do Kwon is making headlines after the troubles with Terra Luna, but now the co-founder of the blockchain proposes a new blockchain, Terra, as a fork of Terra Luna. If this proposal is accepted by the community, the new blockchain will go live by the end of May.

Cryptos Regulation

Also the United States wants further regulation for stablecoins. The Securities and Exchange Commission (SEC) discusses this topic especially after the shock that hit even stablecoins.

Banks Financial Instruments

Banks and fintech companies have some points in common, but competition among them is a reality. Despite this, relationships among “older” and new financial companies are always more common, as reported by Banking Circle.

Banks New business models

The Swedish fintech Dreams, focused on financial well being, partners with Mastercard to create new and more sustainable banking products.

Payments Security

The tech giant Google launches its Google Wallet and new virtual cards. The goal is not only to provide more easy-to-use payment methods, but also more secure tools that will also allow users to store credentials, digital tokens, payment methods and much more.

Cryptos Interviews Metaverse

Chris Crespo interviews Karina Rothof Brix (Firi) to discuss the risks involved in a wider adoption of crypto assets and what this means for Web 3 and future businesses.

Metaverse New business models

Allseated is about to launch a new meeting platform – the Meetaverse. It’s not like the Metaverse, but it recreates a 3D environment when users will be able to meet in a familiar place.

Interviews Payments

Zilch, the fintech company focused on BNPL (Buy Now, Pay Later), is about to launch its business also in the US. Philip Belamant, co-founder of the company that is already partnering with Mastercard, said that Zilch wants to create BNPL 2.0 to further innovate the industry and cooperate directly with users.

Metaverse Payments

The Metaverse is not only about fun and games: always more businesses are launched in the Metaverse – both new businesses or digital branches of big companies – but the space still needs new payment methods to attract even more people.