Germany’s slow progress towards using cards over cash was dealt another blow in recent weeks as thousands of card reader terminals across the country suddenly stopped being able to accept Visa payments. Retailers were suddenly having to announce to customers that they had to pay by cash, Mastercard or another form of payment since every H5000 card reader was unable to connect to a network operator to carry out transactions. Although it was mostly older card readers that were affected, even larger chains like Aldi and Zara experienced problems.

Aite-Novarica Group is pleased to announce the winners of the 2022 Insurance Technology Impact Awards.

Resolve, the B2B payments solution offering net-terms-as-a service, today announced key new hires to accelerate growth and meet the escalating demand for its embedded payments and accounts receivables tools.

Jonathan Beaverstock, Professor of International Management at the University of Bristol, joins FinTech West as Knowledge Exchange Fellow, funded by the Economic and Social Research Council, bringing social science expertise to the team supporting Bristol, Bath and the Southwest to become a FinTech superpower.

Today, the European Digital Payments Industry Alliance (EDPIA), representing independent Payment Services Providers (PSPs) headquartered in Europe, is holding its first conference to discuss the future of the Digital Payments Industry in Europe.

The new PayPal Business Cashback Mastercard® is among the industry’s leading cashback business credit cards with no annual fee and 2% cashback on all purchases with no limit to the cashback that can be earned - helping small business owners get rewarded as they make business purchases.
 

Ivalua, a global leader in Cloud Spend Management solutions, today announced a strategic partnership with C2FO, the largest global platform for working capital, to empower Ivalua customers with enhanced supplier selection and the ability to streamline costs and drive targeted bottom-line growth.

Fintech Currensea has surpassed its crowdfunding target in under two hours after launching on the Seedrs platform. Currensea, a money-saving travel card linked to existing current accounts, has already raised £1.35m from over 350 investors – 135% of its initial target.

Lentra AI Private Limited, one of the fastest-growing digital lending cloud platforms, has announced the acquisition of Chennai and Singapore-based AI company TheDataTeam (TDT). Lentra will deploy TDT’s flagship behaviour intelligence platform Cadenz to help banks and financial institutions make better data-driven decisions on customer creditworthiness based on their unique financial journey. This will help launch new innovative products for a faster go-to-market.  

Organized by Market Solutions Events Management and powered by Mashreq, The Arab Green Summit (TAGS) which was held under the patronage of the UAE Ministry of Climate Change and Environment took place on 21-22 June 2022 at Mövenpick Grand Al Bustan in Dubai, UAE.