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fintech cyprus

Pioneering Cyprus’ Fintech Landscape: Ugne Buraciene at the Helm of payabl.

Ugne Buraciene is spearheading Cyprus’ fintech revolution as the Group CEO of payabl. and a key figure in TechIsland, blending financial services and tech aspirations to elevate Cyprus as a digital payment solutions leader and tech hub. Her vision and initiatives are propelling economic progress, global talent attraction, and innovation, positioning Cyprus at the forefront of fintech advancements and technological breakthroughs.

digital payments consumer finance

Navigating the New Frontier: The CFPB’s Proposal on Digital Wallets and Online Payments

The U.S. Consumer Financial Protection Bureau (CFPB) has proposed extending banklike supervision to major tech companies like GooglePay, ApplePay, PayPal, and CashApp, aiming to ensure consumer safeguards in digital wallets and online payments. This would involve rigorous inspection of privacy protections, executive conduct, and compliance with fair practice laws, potentially leveling the playing field and fostering competition while providing increased consumer protection in the digital age.

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