Viva Wallet and J.P. Morgan announce closing on a 48,5% ownership stake in Viva Wallet Holdings Software Development S.A. (Viva Wallet). Haris Karonis and Makis Antypas, founders of Viva Wallet, secure their majority shareholding after the closing of the Transaction, as they hold 51,5% of shares in Viva Wallet. As part of the Transaction, J.P. Morgan is also converting Viva Wallet's Convertible Loan Note and as a result Viva Wallet Group eliminates its debt.

Researchers at Visa have been investigating how to enable automatic recurring payments for self-custodial crypto wallets.

In a new technical paper, the researchers investigate how to bring the commonplace automatic recurring payment option to the world of crypto and blockchain.

Tide, the UK's leading SME-focused business financial platform, today announced the promotion of Kumar Shekhar as Deputy Country Manager, Tide India. The announcement follows Tide’s recent market entry into India, with two business banking solutions – the Tide Business Account and its RuPay-powered Tide Expense Card (issued in partnership with Transcorp - an RBI-regulated PPI issuer). With this, Tide aims to tap into £100 million revenue opportunity in India and create a sizable business in the country in due course.

Fibank (First Investment Bank) has successfully implemented voice menus in some of its ATMs to help blind people withdraw money from them. The service is available on 60 devices of the bank located in key locations in major cities. The innovation is in line with the best global banking practices to facilitate the use of everyday banking by the visually impaired.

When it comes to payments, Latin America is diving deeper into alternatives.

Finastra today announced that Mechanics Cooperative Bank, a Massachusetts-based financial institution with more than $645 million in assets, has selected Finastra Payments To Go to introduce new business payments services and enhance the customer experience.

Since Elon Musk’s takeover of Twitter, there’s been a flurry of announcements from the new CEO about the vision he has for the company. Among them, is his plan to add payment and banking services to the platform, which could include high-yield money market accounts, debit cards and peer-to-peer transactions.

Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced that, on December 15th, 2022, it entered into an asset purchase agreement (the “Agreement”) with Huangtong International Co., Ltd.

Verifone, the global FinTech leader and end-to-end payment and commerce solutions provider to the world’s best-known retail brands, major financial institutions, and directly to more than 600,000 merchants alike, today announced the assignment of Ozgur Ozvardar as the head of operations for Turkey. Ozvardar, who had been serving as General Manager and Vice President responsible for the Middle East and North Africa region since 2013, was named to lead Verifone's Turkish operations as of December 8, 2022.

LumiShare, a blockchain-based digital asset management ecosystem, previously known as IllumiShare, raises $3.2 million led by His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi royal family in the early stages of its Abu-Dhabi-licensed $SRG token presale. The money raised will be used to buy gold reserves that will be stored in a safe room at a bank in Abu-Dhabi and in full transparency.