$11.6B in Business Capital Could Be Freed by Stablecoins, Says New Report by Cebr and BVNK on 10th Anniversary of Stablecoins
- 1 year 8 months ago
- Cryptocurrencies
BVNK, the B2B payments provider and Cebr, the Centre for Economics and Business Research, have published a new analysis on the economic impact of stablecoins, on the 10th anniversary of the first stablecoin launching. As the stablecoin market cap reaches $160bn, the new report demonstrates for the first time the quantitative link between increasing stablecoin use and economic impact. Economic impact of stablecoins revealed
Weavr Secures E-Money Licence to Transform Embedded Finance for B2B SaaS Across Europe
- 1 year 8 months ago
- Payments
Today, Weavr announces that it has acquired a European e-money licence. The licence is significant for both Weavr and the embedded finance industry as it aids the expanded adoption of embedded finance by B2B SaaS businesses.
PayU GPO appoints Simona Covaliu as Chief Risk Officer
- 1 year 8 months ago
- Payments
PayU GPO, the leading online payment service provider operating in over 50+ emerging markets, today announces the appointment of Simona Covaliu as Chief Risk Officer. Covaliu brings over 18 years of experience to the role, having worked at various global companies including Booking.com as Senior Risk Manager, Uber as Chief Risk and Compliance Officer, and Mambu as VP of Risk and Compliance.
FAB and Visa Collaborate to Enhance Cross-Border Payments with Visa B2B Connect
- 1 year 8 months ago
- Payments
Visa, the global leader in digital payments, has announced a key partnership with First Abu Dhabi Bank, the largest bank in the UAE, to extend the Visa B2B Connect network in the region. The collaboration is set to enhance corporate cross-border payments, allowing businesses in the UAE to perform secure and efficient global transactions.
Travel Debit Card Currensea Users to Save Over £1 Million in Foreign Exchange (FX) Fees This Summer
- 1 year 8 months ago
- Payments
Travel debit card Currensea forecasts that its money-saving solution will save holidaymakers £1.3 million in foreign exchange (FX) fees this summer. Securing value for money remains a top priority for holidaymakers this summer, with 79% of people believing it is more important than ever to get a good exchange rate. However, three-quarters (74%) of travellers believe bank charges for spending abroad are too high.
END. Clothing Chooses Adyen to Transform Its Global Payments Operations
- 1 year 8 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today announces its partnership with fashion retailer END. Clothing.
STICPAY Launches Forex Cashback Service
- 1 year 8 months ago
- E-Wallets
STICPAY, a leading global e-wallet service provider and payment gateway, today announces STIC Cashback, a new cashback service aimed at benefitting customers who trade with Forex and CFD brokers.
TerraPay Enables Financial Institutions to Send International Account-to-Wallet Payments Using Swift
- 1 year 8 months ago
- Payments
TerraPay, a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers.
Travel Payments Take Flight as Brits Search for Summer Sun
- 1 year 8 months ago
- Payments
As the UK experiences its coldest summer in 24 years, with forecasters predicting a European Monsoon on the horizon, travellers are on the move in record numbers and projected to spend a record €800 billion in Europe this year.
ACI Worldwide Extends Strategic Partnership With Worldpay
- 1 year 8 months ago
- Payments
ACI Worldwide, a globa
XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America
- 1 year 8 months ago
- Payments
XTransfer, China's top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.
New Marqeta Research Finds UK Consumers Are Leading Global Adopters of Digital Payments, With Over Two-Thirds Now Comfortable Ditching Wallet for the Phone
- 1 year 8 months ago
- Payments
UK consumers are leading the charge on digital financial services adoption amid rising demand for more innovation and convenience in payments and banking, according to a study from Marqeta (NASDAQ: MQ), the global modern card issuing platform powering some of today’s most innovative embedded finance solutions.
Toqio and Visa Partner to Offer Payment Solutions to Non-Financial Firms
- 1 year 8 months ago
- Payments
Toqio, a leading SaaS financial orchestration platform for businesses, has partnered with Visa, a leading global digital payments company, to provide payment solutions to businesses that by their nature do not offer financial services. The objective is for these corporations to improve their value proposition to their distribution networks by providing them with access to greater liquidity.
Payment Habits in Europe
- 1 year 8 months ago
- Payments
The payment landscape in Europe is diverse and complex, shaped by regional preferences and technological advancements. In the first half of 2023, 30 retail payment methods within the Euro area processed around 29.8 billion transactions with a combined value of €23.6 trillion.
FINOM Launches SEPA Direct Debit B2B Across Its EMI-Licensed Markets, Expanding Payment Options for European SMEs
- 1 year 8 months ago
- Payments
FINOM, the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of SEPA Direct Debit B2B (SDD B2B) for its customers. This service is now available in all countries where FINOM provides local IBAN accounts through its own Electronic Money Institution (EMI) license. This new feature complements FINOM's existing SEPA Direct Debit Core offering, providing a more comprehensive suite of payment options for... more
