Yellow Card Secures  Million in Strategic Equity Funding to Further Global Expansion

Yellow Card Secures $40 Million in Strategic Equity Funding to Further Global Expansion

Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand…

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FIFA criticized for decision to lift U.S. star’s red card suspension following Trump phone call

FIFA criticized for decision to lift U.S. star’s red card suspension following Trump phone call

FIFA is being criticized over its decision to lift the red card suspension for leading U.S. Men’s National Team scorer Folarin Balogun, allowing him to play against Belgium on Monday night. The Union of European Football Associations, Europe’s soccer governing body, said FIFA “crossed a red line,” and expressed its “disbelief” at a decision it called “unprecedented,…

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Telecoms industry to tighten SIM card verification

Telecoms industry to tighten SIM card verification

Operators propose immediate safeguards and long-term RICA amendments to close gaps exploited by fraudsters using improperly registered SIM cards. (Image by Nicola Mawson) South Africa’s telecommunications industry is proposing a new framework aimed at strengthening SIM card registration requirements. It also recommends amendments to the Regulation of Interception of Communications and Provision of Communication-Related Information…

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AI agents are coming to your Visa card

AI agents are coming to your Visa card

Visa is preparing the rails for AI agents to shop and pay on South Africans’ behalf – and a deepening global partnership with OpenAI has added fresh impetus to that effort. As TechCentral reported earlier this month, Visa has enrolled local banks in its Agentic Ready programme, which prepares financial institutions to process fully autonomous…

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Africa: Red Card for FIFA Cooling Breaks? the Real Culprit Is Climate Change

Africa: Mastercard, Yellow Card Partner On Stablecoin Payments in Kenya, Africa

Johannesburg — Mastercard and Yellow Card have announced a partnership to expand stablecoin-based payment solutions across Eastern Europe, the Middle East and Africa, including Kenya. The two firms said they will explore the use of stablecoins in cross-border money transfers, business-to-business payments, digital loyalty programmes and treasury management. The partnership will initially focus on markets…

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JPMorgan’s Dimon calls credit card interest rate caps a ‘economic disaster’ | Banks News

JPMorgan’s Dimon calls credit card interest rate caps a ‘economic disaster’ | Banks News

JPMorgan Chase CEO Jamie Dimon pushed back on calls by the administration of United States President Donald Trump to cap credit card interest rates, claiming that if Congress follows through, it would result in an “economic disaster”. Dimon made his comments on Wednesday at the World Economic Forum in Davos, Switzerland. Recommended Stories list of…

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