central
Sturgeon Capital of London Injects $35M for Emerging Central Asian Startups.
As tech talent comes online in the region, VC investment starts to flow in, with $225 million raised so far for a regional platform and an accelerator. The pipeline of…
WeChat Embracing Chinas Central Bank Digital Currency
China’s central bank is working to increase adoption of its digital yuan, or e-CNY. The bank is enlisting help from the private sector to take its official digital money to…
Indias Central Bank Bids Farewell to Rival UPI Project
The central bank’s decision to stop the project may have been a blow to the companies that had expressed interest in it, as it would have given them one less…
RBI Penalizes Amazon Payments for Violations in India
The Indian central bank’s decision to fine Amazon Pay’s India unit is a sign that the company is not taking its obligations to obey local rules surrounding know your customer…
Japans Central Bank to Test Digital Currency in Spring 2021
The Bank of Japan’s decision to explore the possibility of adopting a digital currency could herald a new era of financial technology. By incorporating digital currencies into its pilot, the…
India Central Bank Orders SBM Local Unit to Halt Outgoing Money Transfers
The ban from the Reserve Bank of India (RBI) on outward remittance services will likely have a detrimental effect on SBM Bank India and other fintech partners that offer such…
Qarnot: Reducing Energy Waste with Innovative Green Data Centers
Qarnot, a French startup, is finding innovative ways to manage heat from servers in data centers and standardizing their process to turn fatal heat into an asset. Qarnot, which has…