Zenus Bank becomes Visa Principal Member
- 4 years 11 months ago
- Payments
Zenus Bank, the American digital bank is announcing today it is the first International Financial Entity to become a Principal Member of Visa, the world’s leader in digital payments. Zenus Bank makes it easy and safe for clients to access, send, receive and store money in the USA from anywhere globally. By leveraging Visa’s brand, scale and global acceptance footprint, Zenus will bring a robust and innovative value proposition.
Xalq Bank successfully completes implementation of TranzAxis
- 4 years 11 months ago
- Payments
As part of a strategic project to modernise its infrastructure, Xalq Bank, one of the leading banks in Azerbaijan, has launched the open development payments platform TranzAxis from Compass Plus. The flexibility of this software solution will allow the bank to expand the range of services and products provided to customers and quickly respond to market changes.
Retail investors set to sweep up diminishing supply of Bitcoin
- 4 years 11 months ago
- Bitcoins
A report on intentional holdings of Bitcoin published today by digital assets derivatives exchange ZUBR, shows that, if current investment trends continue, daily demand will dwarf the new market supply of bitcoins mined after 2028, when the reward declines further. Exclusive data from the blockchain and market analytics firm, Chainalysis, was used to analyse whether there was a growth in wallet addresses (or accounts) that could be viewed as “... more
Trend of increased global use of digital payment technology to be accelerated
- 4 years 11 months ago
- Payments
The Covid-19 pandemic will accelerate a worldwide trend towards contactless payments, according to a new report from the Emerging Payments Association EU (EPA EU), which was commissioned by Luxembourg for Finance (LFF).
Zumo becomes latest crypto start-up to partner with Modulr
- 4 years 12 months ago
- Payments, Cryptocurrencies
Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has taken its first step towards the creation of a seamless fiat-to-cryptocurrency payments system with the launch of a sterling (GBP) functionality, powered by Modulr, the digital payments platform. From mid-July, the partnership will allow Zumo users in the UK to hold GBP funds within the Zumo wallet, as well as buy and sell cryptocurrencies Bitcoin (BTC) and Ether (ETH).
WEBINAR: Using payments to enhance the shopping experience for everyone
- 4 years 12 months ago
- Payments
Ingenico Enterprise Retail is pleased to announce its latest webinar on how payments can enhance the shopping experience for both the consumer and the retailer. Taking place on Wednesday 1st July at 2pm BST, the session will delve into the challenges faced by retailers as consumers demand to pay when and where suits them best and using the method they prefer.
Ziglu secures £5.25 million seed funding to provide transparent and simple access to cryptocurrency
- 4 years 12 months ago
- Cryptocurrencies
Ziglu, the cryptocurrency challenger has today formally completed its seed funding round, having successfully secured £5.25 million from a number of specialist UK FinTech investors, and entrepreneurs. Despite the challenges of lockdown and the economic pressures, Ziglu has raised significantly more than the average seed round of $2.4 million in the first quarter of 2020 (PwC, MoneyTree Report, 2020). Ziglu is part of the vibrant London Fintech... more
Dwolla Announces New Portal For Superior Partner Experience
- 4 years 12 months ago
- Payments
Dwolla, the programmable payments platform, today announces the latest feature in its robust Partner Ecosystem, the Partner Portal.
NatWest launches new open banking payments service
NatWest has today announced the launch of a new online payment service, Payit by NatWest, which allows customers to make instant online payments to participating retailers, without the use of a debit or credit card - resulting in a fast, fair, simple and safe payment experience. Payit uses the Open Banking infrastructure to allow customers of UK banks to pay for products and services offered by retailers who use the service, which is targeted at... more
Koine adds cryptocurrency treasury management services from independent service provider Panxora to its digital post-trade ecosystem
- 4 years 12 months ago
- Cryptocurrencies, Treasury
Today Koine, the post-trade custody and settlement platform for institutions, and Panxora, the crypto treasury management service, are working together to provide mutual clients with services dedicated to reducing risks associated with holding cryptocurrencies for the growing numbers of institutions investing in the digital asset class.
SYKES for FinTech Survey Reveals Consumer Behavior Shifts in the Era of COVID-19
A new SYKES for FinTech survey finds many U.S. adults are new users of financial technologies, specifically in response to the COVID-19 global pandemic.
Orka Technology Group introduce new pay advance platform
- 4 years 12 months ago
- Payments
Manchester based staff tech group, Orka has announced the launch of their next innovative product, Orka Pay. Orka Pay allows hourly paid workers to withdraw a percentage of their wages as soon as they’ve worked a shift, so there’s no more waiting until payday or taking out high-interest loans. The platform is app based, allowing workers to choose how much they want to withdraw from their available balance, facilitated by full integration with... more
Samsung Reveals the new Samsung Pay Card, powered by Curve
- 4 years 12 months ago
- Payments
Samsung Electronics Co., Ltd has today announced a new partnership between Samsung Pay, the digital banking platform Curve, one of Europe’s leading fintechs, and Mastercard to launch the Samsung Pay Card.
CoinCorner comments on rumours around a possible new Bitcoin service by PayPal
- 4 years 12 months ago
- Bitcoins
Danny Scott, CEO at CoinCorner, commented: “Rumours have been circulating that PayPal is rolling out a service that will allow its 325 million customers to buy and sell Bitcoin. Until now, PayPal has seemingly shown no interest in Bitcoin - founding CEO, Bill Harris has even publicly denounced Bitcoin in the past.
Cost-cutting to accelerate outsourcing of payment processing by acquirers
- 4 years 12 months ago
- Payments
Great diversity exists in payments processing arrangements across Europe, with further outsourcing by acquirers forecast Ways of connecting with card scheme networks vary significantly by country
