Return to Spender: 3.9 Million are Currently Spending More Than They Can Afford to ‘Make Up for Lost Time’ Following Lockdown
- 3 years 10 months ago
- Platform Technology, Money Transfers
New research2 from Yolt, the award-winning smart money app reveals today that over 3 million UK adults have been spending more than they can afford since lockdown restrictions recently began to ease. A further 18% anticipate that the national return to socialising will have a negative impact on their ability to manage their money well.
mmob Secures FCA Authorisation for UK’s First Open Finance Partnership Platform
- 3 years 10 months ago
- Open Banking, Payments, Authentication Technology
FCA authorisation ensures mmob can help banks and large established fintechs to unlock the benefits of open and embedded finance at pace and scale. By unifying customer data mmob can help its commercial partners to drive retention and growth through the optimisation of third party service selection and provision. Consent driven user data to propel frictionless native experiences, leveraging data to provide relevant financial products and... more
Is Koda Cryptocurrency The Brand-New Kid On The Crypto Block?
- 3 years 10 months ago
- Cryptocurrencies
Koda Cryptocurrency is the brand-new crypto token on the market. It is an exciting and fresh approach to cryptocurrency that is based on the morals of trust, education and ease of use. Not something you would always associate with cryptocurrency; but Koda are on a mission to change that. But is Koda Currency as ‘brand-new’ as you might think?
21Shares Continues Its Listing Strategy With The Launch of Solana (SOL) ETP
- 3 years 10 months ago
- Blockchain, Cryptocurrencies
21Shares AG, the pioneering issuer of crypto Exchange Traded Products (ETPs) is launching the world’s first Solana (SOL) ETP (ticker: ASOL) on the regulated market of the Swiss stock exchange (SIX Exchange) on Wednesday, June 30th 2021 further boosting 21Shares as the leading issuer of crypto ETPs. The ETP will offer additional yield through staking rewards by validating transactions on the Solana blockchain which is dedicated to fostering... more
Bigbank Chooses Nets for Issuer Processing and Digital Payments
Bigbank, an international Estonian-owned bank offering personalised financial products, has chosen European payment services provider Nets, to provide issuer processing and digital services, including virtual cards and mobile payment capabilities.
Cardlay Builds Cloud Solution Integrated With Concur® Expense to Help Banks Deliver Commercial Payment Management Capabilities
Cardlay, a leading Danish commercial banking as a service payment FinTech, today announced it is collaborating with SAP® Concur®, the world’s leading brand of travel, expense and invoice management solutions, on an integration that is designed to allow banks to issue and manage virtual payment cards for their corporate card holders.
General Partner of Mouro Capital Comments on Age Uk’s Call for Cash to Become a Universal Service Obligation
- 3 years 10 months ago
- Payments
A comment from Manuel Silva Martinez, General Partner of Mouro Capital on Age UK’s call for cash to become a Universal Service Obligation:
Kinesis Introduces Yield Payments on Gold and Silver Activity Within Its Kinesis System
- 3 years 10 months ago
- Payments
Kinesis, the digital monetary system for transacting gold and silver, achieves a global industry first, offering a yield on precious metals for the first time in economic history. With the launch of the Minter’s yield, Kinesis is evolving gold and silver from purely safe haven assets or tradable commodities, into assets that generate a recurring yield.
733Park Deal Sources for GreenBox POS
- 3 years 10 months ago
- Payments, Credit Cards
733Park’s deal sourcing team recently sourced Northeast Merchant Systems, a provider of comprehensive merchant credit card processing services for
Synapse Network to Develop First Cross-Chain Cryptocurrency Investment Ecosystem
- 3 years 10 months ago
- Investment, Cryptocurrencies
Cross-blockchain technology specialist Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a cross-chain DEX and DeFi marketplace, a chain agnostic launchpad bringing together projects and private investors to enable investment opportunities in early-stage startups, and an accelerator and incubator for startups... more
FCA Clamps Down on Crypto Regulations in UK
- 3 years 10 months ago
- Cryptocurrencies
Wayne Johnson, CEO, Encompass Corporation comments: “The emergence and adoption of cryptocurrency and blockchain technology has created a new scenario for regulators and fuelled global financial crime – essentially, we are facing a payments technology that transcends country borders, is not subject to rules and legislation associated with fiat systems of currency and, in turn, this has bred a plethora of issues pertaining to untraceable money... more
Redspottedhanky Launches Round up For Charity
- 3 years 10 months ago
- Payments
Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, launches Round Up feature through its rail ticketing app redspottedhanky. Round up supports charities as they recover from the impact of the pandemic and decreased fundraising revenues.
Fime Enables Quantum-resistant Payment Migration to Mastercard Ecos
- 3 years 10 months ago
- Payments, People Moves
Fime has been recognized by Mastercard to test solutions in line with the Mastercard’s Enhanced Contactless specifications.
PayPoint Reinforces NRLA call for Greater Support for Financially Vulnerable
- 3 years 10 months ago
- Payments
Help available through digital payment solutions can ease transition as COVID-19 support schemes conclude
One-second Payment Slip Scanning by Smart Engines
- 3 years 10 months ago
- Payments
Smart Engines, an OCR solutions developer, has announced an expansion of Smart Document Engine SDK by adding payment slips as a new document type for its automatic scanning. The integrated solution will help entities reduce the reliance on manual data entry and make payment procedures in several European countries more efficient. The software instantly detects the payment slip while scanning in a video stream and in photos.
