High-growth Markets Report Unprecedented Surge in Online Consumer Shopping, According to New PayU Global E-commerce Report
- 4 years 1 month ago
- Payments
PayU, the fintech and e-payments business of Prosus, today launches a report titled “The Next Frontier: the most promising markets for emerging e-commerce leaders in 2021 and beyond”, highlighting unprecedented consumer spending growth in e-commerce in high-growth markets that have often been overlooked before 2020 in favour of more traditional, Western markets.
West Africa Launches New Payments Digitization Agenda
- 4 years 1 month ago
- Payments, e-Payments
In Senegal, 8 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance. A survey revealed that 77% of temporary workers would be willing to receive their wages digitally if this gave them access to health insurance.
Bank of Abyssinia Taps Into Path Solutions to Achieve Sharia Compliance and Operational Efficiency
- 4 years 1 month ago
- Payments, Banking, Compliance
Path Solutions, a global provider of AAOIFI-certified software solutions and services for Islamic banks and financial institutions, today announced the signing of a new partnership agreement with Bank of Abyssinia (“BoA”), one of the leading banks in Ethiopia serving more than 4.6 Million custom
CoinDCX - Comment on Bitcoin Price Movement
- 4 years 1 month ago
- Bitcoins
Sumit Gupta, Co-founder & CEO, CoinDCX
Mastercard and Hi Partner to Launch Salary Access Card to Give Employees Real-time Access to Earned Pay
- 4 years 1 month ago
- Payments
Hi55 Ventures, a disruptive new fintech company in pay, has partnered with Mastercard to launch, a market-first salary access card, enabling people to access their pay as soon as they’ve earned it.
Fintech Startup Payer Selected by Returpack to Digitise Payouts in National Recycling Scheme
- 4 years 1 month ago
- Payments, e-Payments, FinTech StartUps
Returpack is the company that facilitates over 2 Billion deposits of recyclable PET bottles and cans in Sweden through a network of reverse vending machines. The fintech startup Payer was chosen to develop a new and innovative IoT technology with the ambition to create an easy digital payout experience for consumers. The digital solution, based on Payer’s API payments platform, is now being rolled out across Sweden.
Safenetpay and Banking Circle Take The Complexity out of Cross Border Payments
One stop business payment solution provider, Safenetpay, has joined forces with ground-breaking payments specialist, Banking Circle, to further enhance its cross border payment offering. Utilising Banking Circle’s multi-currency accounts, SEPA and SWIFT transactions solutions and foreign exchange (FX) capabilities, Safenetpay’s business customers can now access additional currencies, competitive FX rates and quick, reliable transactions within... more
Razorpay Raises $160 Mn led by Sequoia Capital and GIC; Triples its Valuation to $3 Bn in 6 Months
After being crowned a Unicorn a few months ago in October 2020, Razorpay, India’s leading Payments and Business Banking platform, today announced its Series E fundraise of $160 Million. This financing round has tripled the company’s valuation to $3 Billion in less than six months, signalling one of the fastest increases in valuation for an Indian Unicorn.
Merchants and Acquirers Must Work Together to Ensure SCA Success, Says ACI Worldwide
- 4 years 1 month ago
- Payments, e-Payments
Merchants need to work actively with their acquirers and take charge of their exemption strategy now in order to be fully prepared for when Strong Customer Authentication (SCA) regulations take effect in the UK in September 2021, says ACI Worldwide, a leading global provider of real-time payments and digital payments software solutions.
The Bitcoin Trader's Beginner's Guide
- 4 years 1 month ago
- Bitcoins
You might have heard about cryptocurrencies or Bitcoin from someone in the last couple of years. However, a lot of people do not know that the first cryptocurrency, Bitcoin, was launched in 2008. Bitcoin is a digital asset and it has experienced massive growth in the last few months. For the first time in Bitcoin’s history, the price value of one Bitcoin reached $50,000.
Finch Capital’s Nomu Pay Acquires Key Wirecard APAC Entities
- 4 years 1 month ago
- Payments
Finch Capital, through Nomu Pay, h
Kinesis Launches Government-Backed Monetary System in Partnership with PT Pos in Indonesia
Kinesis, the monetary system based on 1:1 allocated physical gold and silver, today announces the soft launch of PT Pos Indonesia’s physical gold-based digital Sharia product, PosGO Syariah.
Mastercard Names Tim Murphy to Chief Administrative Officer.
- 4 years 2 months ago
- Payments, People Moves
Mastercard (NYSE: MA) today announced the appointment of Tim Murphy, the company’s general counsel, to the newly created position of chief administrative officer. In this role, he will have oversight of the company’s Law, Franchise and Integrity activities, as well as the added management of its People and Capabilities function.
Forter Partners with Flutterwave to Drive eCommerce Growth Across Africa and Beyond
- 4 years 2 months ago
- E-Commerce, Payments
Forter, the leader in e-commerce fraud prevention, has announced a partnership with Flutterwave, Africa’s leading payments technology company. The partnership, the first of its kind in Africa, will enable merchants to accurately identify legitimate buyers from fraudsters, resulting in increased transaction approvals and reduced friction in the purchasing experience, all without the fear of fraud.
Fast-growing Fintech Payink Appoints Senior Payments Executive as its CEO
- 4 years 2 months ago
- Payments, People Moves
Payink, a fast-growing payments and receivables provider to professional services firms, has appointed Branislav Trajkovski as its CEO. Prior to joining Payink, Branislav scaled cross-border payments company Dlocal into a unicorn as the Global Head of Corporate Development and a Board Member.
