FinTech Weekly - Fintech News Issue #334

Lloyd Wahed meets Claire Gates, CCO at PPRO - a global provider of payments - to discuss about innovation in payment methods. People are driving up economic growth at an impressive rate, and this may be the consequence of the ease of paying.

With pandemic, cash transactions decreased by 35% in the UK. To further spread the use of cards, the contactless limit has been increased, from £45 to £100. But what if your card is stolen?

Volaris El Salvador, a subsidiary of Mexican Volaris, will accept Bitcoin as payment. This is a consequence of El Salvador mainstream Bitcoin adoption, and other countries are keeping an eye on this kind of solution.

Facebook launched the Novi crypto wallet in the United States and Guatemala. At the beginning users will be able to transact only with one stablecoin secured by Coinbase - Paxos Dollar (USDP)

Short sellers who predicted the 2008 financial crisis say Bitcoin is a bubble, and some of them continue to press on for the day when they can say, ‘We told you so'.

The Governor of the Central Bank of UAE, H.E. Khaled Mohammed Balama Al Tameemi, and the Governor of the Dubai International Financial Centre, H.E. Essa Kazim, signed an agreement to cooperate for the development of the UAE's Fintech sector.

N26, the startup now the second largest lender in Germany, draw - for the third time - the attention of regulators, who temporarily put a cap on the number of new customers.

Revolut announces some upgrades: customers will be able to customize logos on invoices, list the merchants they trust to perform easier payments, profit from an enhanced device management.

Expensify launches its free plan for small business: business owners will be able to use unlimited services and simplify the way they manage money.