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Sparrow Secures Full License to Provide Digital Payment Token Services

legal

Digital assets trading platform Sparrow announced that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) services. Sparrow was previously issued an In-Principle Approval (IPA) from MAS in June 2022 following their MPI license application. MAS has adopted a rigorous regulatory approach and thus […]

How FinTech Innovations Are Changing The World

Category: Planning

The topic of this edition is super important to our team: how FinTech innovations are changing the world in both positive and negative ways. If you make mobile payments via PayPal, use online banking, or support worthwhile causes or projects on Indiegogo or GoFundMe, then you are a user of FinTech. Currently, one out of […]

Money Matters: Three ways to better manage cash flow

AR/AP

As the pandemic continues to disrupt how companies do business, it’s even more critical for leaders to have access to accurate cash flow projections. In Salt Lake, many companies closed their offices and switched to a remote work model, for example, which impacted how funds were being transferred into and out businesses. Dramatic, pandemic-driven changes […]

Mastercard sees rise in digital payment methods across MENA

Category: Planning

A recent report by Mastercard has revealed a rise in the use  of digital payment methods in the Middle East and North Africa.  Mastercard’s New Payments Index 2022 found that 85 percent of MENA consumers have used at least one emerging payment method in the last year, including tappable smartphone mobile wallets, buy now, pay […]

7 digital best practices for legal professionals

What Does It Take to “Go Digital” in Legal? Industry experts predict that successful businesses will soon become 100% digital for all transactions. The key challenge is how to “go digital” in the right ways. For most companies, it will be an incremental journey. TodaysGeneralCounsel.com suggests that organisations should focus on a broad enterprise-wide information […]

Blockchain and Cryptocurrency CPAs—Evolution of the Profession

legal

The irony about needing accountants who understand digital assets is that blockchains themselves are transaction ledgers with automated record-keeping—a blockchain is a giant check register. The technical properties of blockchains means data can never be deleted, only added or read, while transactions and balances can be instantly verified with 100% certainty through the protocols themselves. […]

Fintech driving innovation ecosystem in India: Union Minister Rajeev Chandrasekhar

Category: Planning

Highlighting the growth of startups and digital ecosystem in the country, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said that India’s fintech ecosystem has helped rebuild the trust between the citizens and the government, transform lives and restore faith in democracy. Speaking on the closing day of the FinTech Festival India […]

What comes after cashless?

Finance

When was the last time you went into a shop and paid with cash? More and more of us are ditching our wallets, and with them the use of physical cards and pin numbers. The pandemic accelerated the transition to a cashless society globally, but we have been heading in that direction for quite some […]

Will digital payments be the future for all? Here’s what top experts have to say

Finance

Over the years, the Indian government, public sector and private firms have helped digital payments gain traction in the country. There has been an accelerated financial inclusion with more and more people being covered under the Indian banking system. Government initiatives such as Jan Dhan Yojana, Aadhaar and Mobile number – also called the JAM […]