Category 4 Minute Read

Blockchain-based remittance services are providing more transparency and promising to reduce some of the friction that has long plagued the process of sending money across borders.  

With Metaverse likely set to become Web3 in the not-so-distant future, this far-reaching vision of next-gen technology is likely to take over the physical world into a virtual world. It is estimated that the Metaverse will have 5 billion total users by 2030.

Whether it's KYC or AML, FinTechs have a hard time complying with rules. A recent poll found that KYC and AML compliance is one of the main obstacles to FinTech growth globally.