In an effort to improve its crypto user experience, Neobank is introducing Soulbound NFTs with KYC information for its wallet holders. Cogni, a neobank, has stated that it will distribute soulbound nonfungible tokens holding Know Your Customer (KYC) information to crypto wallet customers. CCustomers' "Web2" KYC verification performed by the bank
Tag: defi banking
Germany regulator warns of ‘Godfather’ banking malware
On Monday, Germany's financial regulator BaFin warned consumers about the "Godfather" malware, which steals sensitive information from users by infiltrating 400 banking and cryptocurrency apps worldwide. According to BaFin, how the malware infiltrated consumers' devices is unknown. Moreover, the malware presents itself as the official websites of common apps so that
Bored Apes & Moonbirds Featuring on Customized Mastercard Debit Cards
Did you know? Mastercard has introduced nonfungible token (NFT) debit cards that are customizable. These cards will let cardholders who own avatars from specific NFT collections add that collection's artwork to their Mastercard payment card. On Monday, the debit cards were made available due to a cooperation with the European cryptocurrency
Participate In Independence Day Giveaway with Scallop Exchange
19th August 2022: The centralized cryptocurrency exchange, Scallop Exchange, is hosting a giveaway on this Independence Day of India, starting from 15th August, with a handsome prize pool of 10,000 $SCLP. Scallop, the innovative and regulated fintech banking ecosystem, recently launched Scallop Exchange to offer users a faster, secure, and efficient
Bank of New York Mellon partners with Chainalysis to track users’ crypto transactions
Bank of New York Mellon, commonly known as BNY Mellon, is an American investment banking service holding company headquartered in New York City. The institution, being formed from the merger of The Bank of New York which now stands as the world's largest custodian bank and securities services company with
Scallop Partners with Premier League Club Norwich FC Until the End of Current Season
Cryptocurrency has proven to be a hub where even the wealthy can make more money these days, rather than just a platform where the average person can generate money. Athletes and football clubs are increasingly getting on board with cryptocurrency and forming partnerships with relevant crypto platforms. Throughout last year, multiple
Scallop obtains MSB license to operate in Canada
London, England, 12th January, 2022 - Scallop has acquired a money services business (MSB) license from the Financial Transactions and Reports Analysis Centre (FINTRAC). The Canadian MSB license issued by FINTRAC allows Scallop Fintech Inc (Scallop Group Limited’s Canadian corporation subsidiary) to conduct money transfers and be a dealer for foreign