TripleA, a crypto payment gateway licensed by the Monetary Authority of Singapore (MAS) has appointed Elodie Trichet as its Chief Operating Officer.

A payments veteran, Elodie brings over 18 years of international online payments experience globally.

Seasoned finance executive Avinash Shekhar and former CEO of crypto exchange ZebPay, today announced the launch of his own Web3 startup 'TaxNodes’ with the mission to transform the way Crypto profitability, taxation and reporting is handled for retail investors as well as exchanges.

In order to be financially independent, you should start with a plan and have specific goals in mind. Knowing where to start can seem daunting, but breaking things down into smaller steps becomes more manageable.

In this article, we will discuss financial independence and how to start on the path to it.

What is financial independence?

Today, Banking-as-a-Service makes it possible for any brand to offer financial products directly to their customers – from buy-now-pay-later (BNPL) to the issuance of cards and fast and efficient payment solutions. Ultimately, this allows brands to solve key pain points and make the customer journey a better experience.

Divilo, a Spain-based fintech providing B2B financial services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect Divilo’s growing services against money laundering, sanctions violations, and other financial crimes. 

SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and Europe, today shared commentary on the trends it predicts will make the most-significant impacts in 2023.

Innovation is thriving in the payments industry. Fuelled by digital transformation, many technological developments have been implemented in the past few years, resulting in a greatly enhanced customer journey. Contactless payments, digital wallets, self-service checkout, omnichannel, BNPL, are examples of tools and methods which are becoming parts of our daily life.

The full-stack identity verification, fraud prevention and compliance startup, iDenfy, partnered with Primo Dialler, the UK-based telecommunications company specializing in contact centre software. iDenfy’s biometric ID verification solution will ensure a smooth and secure onboarding process. 

The UK government's recent announcement of plans to launch a public consultation on a national cryptocurrency, or "digital pound," by Economic Secretary to the Treasury Andrew Griffith, has sparked excitement and curiosity. Griffith stated that the UK is committed to becoming a world crypto hub and is "a long way down the road" to establish a regime for the wholesale use of stablecoins for payment purposes. 

UK banks have been criticised for failing to tackle issues with their risk management systems, despite regular messaging.

The Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England responsible for prudential regulation and supervision of banks, set out its priorities for 2023 in a letter to chief executives of institutions.