A new survey of payment leaders by Thunes, a global money movement innovator, and Visa, a world leader in digital payments, reveals conflicted attitudes among Europeans on cross-border payment interoperability, highlighting the challenges firms face in integrating across multiple markets and systems.
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Today, IXOPAY, announced the appointment of industry veteran Brady Harris as its new CEO. His appointment aligns with the recent merger of IXOPAY and TokenEx, highlighting a significant shift in the payments industry towards a multi-processor payment model; which empowers merchants and fintech companies to improve and diversify their payment strategies. The company thanks departing CEO Marc Olesen for his direction and contributions.
The Maslow Hotel in Johannesburg became the epicentre of innovation and excellence on May 23rd, 2024, as it hosted the 12th Edition Connected Banking Summit – Southern Africa Innovation & Excellence Awards 2024. This highly anticipated event celebrated outstanding achievements in the banking and financial services industry, centered around the theme "Empowering Tomorrow's Banking Digital Landscape: Enroute to Technology, Innovation, Inclusivity, and Sustainability."
GCEX (GCEX Group), a leading regulated digital prime brokerage renowned for providing brokers, funds and professional traders with access to deep liquidity has appointed industry veteran, Jonathan Brewer as Chief Revenue Officer.
Based in the UK, Jonathan Brewer’s focus will be on driving growth from institutional and professional clients across all GCEX entities including the UK, Denmark and UAE.
Novel announces a $15M oversubscribed Pre-Series A round, co-led by IGNIA Partners and Ulu Ventures, to propel the fintech’s expansion of their groundbreaking Capital Intelligence™ platform.
In recent years, there has been a clear shift in the way payments are perceived in the travel industry. Previously, payments have been an afterthought, acting simply as the final step in the buying journey for consumers, rather than adding any form of value in the customer experience. Whereas today, the payment journey has become a central part of a travel business' customer experience.
In a significant development, Visa and Mastercard have reached a settlement totaling $197 million to resolve a prolonged class action lawsuit alleging the manipulation of ATM fees to artificially inflate costs.
The lawsuit, which has been ongoing for a considerable period, asserts that the ATM network regulations imposed by Mastercard and Visa resulted in inflated access fees for individuals withdrawing cash from bank-operated machines.
Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) and Visa Inc. further tightens their comprehensive cooperative partnership by a strategic cooperation agreement on developing digital payments. This cooperation aims to facilitate SeABank's delivery of the best solutions, improvement of data capacity and expertise to open up new opportunities for advancements, thereby accelerating SeABank's payment services development strategy.
Coin Metrics, a leading provider of crypto financial intelligence, is pleased to announce that it has added data from Coinbase Derivatives and the Coinbase International Exchange to its Market Data Feed.