Andreessen Horowitz Plans $1B Crypto Fund
- 3 years 11 months ago
- Bitcoins
One of the most well-known venture capital firms out of Silicon Valley aims to raise between $800 million and $1 billion to back crypto startups, per the Financial Times.
S&P Launches Crypto Indices - Views of ZebPay
- 3 years 11 months ago
- Cryptocurrencies
Vikram Rangal, Chief Operating Officer of ZebPay, on the launch of crypto-linked indices at S&P:
Mastercard Start Path Program Selects Tippy to Grow Fintech Solution for Service Industry Professionals
Tippy, the revolutionary digital tipping platform, today announced it has been selected to join Mastercard Start Path, an award-winning program for fintech innovators. Annually, Mastercard evaluates nearly 1,500 startups for possible participation in Start Path. Less than 2% of applications are accepted into the highly competitive six-month accelerator program.
Entrust Introduces Adaptive Issuance™ Production Analytics Solution to Optimize Card Issuance Operations
- 3 years 11 months ago
- Payments, Credit Cards, Data
Entrust, a global leader in trusted identity, payments and data protection, today introduced the Production Analytics Solution, designed to provide real-time data and actionable insights to optimize card issuance operations.
Baton Systems Integrates with LCH to Deliver End-to-end Automation of the Collateral Workflow
- 3 years 11 months ago
- Payments
Baton Systems (“Baton”), a provider of post-trade solutions for financial markets, has integrated with LCH, a leading global clearing house, to automate the end-to-end collateral workflow for derivatives participants. J.P. Morgan will be the first of Baton’s clients to manage their collateral at LCH using the Baton platform. The partnership expands Baton’s network of central counterparties (CCPs) that now includes several of the world’s largest... more
EPA Challenges Customer Dispute Process to Mitigate Chargebacks And Financial Fraud
- 3 years 11 months ago
- Payments
The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its thought leadership piece, ‘Customer Disputers: A review of Chargebacks and Double Credits’ in partnership with Chargebacks911 and Fi911
Retailers Miss Out on £39.4Bn of Sales in Abandoned Baskets During Lockdown as Lengthy Checkouts See Customers Dropout
Research from Barclaycard Payments reveals that UK retailers have lost out on more than £39.4bn in potential sales over the last 12 months, as lockdown sees the value of online abandoned baskets more than double since 2018*.
Under 35s Increasingly Open to Sharing Bank Data to Prove Creditworthiness
- 3 years 11 months ago
- Open Banking, Payments
Younger people’s finances have been hit hardest by the pandemic, and they are increasingly willing to securely share their bank transaction data to get access to financial products that can help them weather the storm, according to the latest findings from Credit Kudos’ Borrowing Index.
FIS, NYDIG Partner to Enable Banks to Offer Their Customers the Ability to Buy, Sell and Hold Bitcoin
- 3 years 11 months ago
- Payments, Cryptocurrencies, Banking
Financial technology leader FIS® (NYSE: FIS) today announced an industry-first solution that enables banks to offer their customers the ability to buy, sell, and hold bitcoin via their bank accounts.
Digital Wallets Flourish in Latin America and Bring New Online Consumers to the Region, Shows EBANX Data
Amid an unparalleled digital and financial push brought by the pandemic, digital wallets have gained momentum in Latin America and are bringing millions of new customers to online commerce. According to internal data from EBANX, fintech company specialized in payments for Latin America, almost 75% of purchases made with digital wallets are from new customers, who had never bought within these merchants before.
Spice Money Aims to Enable Covid Vaccination Registration for Rural Citizens Through its Dense Network Covering 95% of India’s Rural Pin Codes
- 3 years 11 months ago
- Payments
Spice Money, India’s leading rural fintech, has launched a dedicated assistance initiative for Covid vaccination registration to enable rural citizens to register through its dense network across 18000+ pin codes. Also the company has initiated a special drive to spread awareness and educate its banking correspondent partners (Spice Money Adhikaris) about the priority vaccination available to them, as directed by the Department of Financial... more
PXP Financial Launches Pan-European Research Report on COVID-19’s Effect on E-Commerce and Retail
PXP Financial, the global expert in acquiring and payment processing services, has today published a research report ‘The COVID-19 Effect on European E-Commerce and Retail’, exploring UK and European consumer attitudes to the future of retail shopping.
Tink and Tribe Partner For Open Banking as Tink Enhances Payments Proposition Across Europe
- 3 years 11 months ago
- Open Banking, Payments
Europe’s leading open banking platform Tink, and payments technology provider Tribe, have entered a channel partnership for open banking technology. The partnership will enable Tribe to combine its issuer and acquirer services, with payment initiation services (PIS) and account information services (AIS) powered by Tink.
12 Months After Launching Banking Licence, Banking Circle is Already Processing 6% of European B2C E-commerce Payments
- 3 years 11 months ago
- E-Commerce, Payments, Banking
Banking Circle, the payments specialist, has reported a significant uplift in payments flow and clients a year after it launched its Banking Licence. At the end of February 2020, Banking Circle received its Banking Licence from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, enabling it to give financial institutions direct access to real-time payments regardless of borders or size. It also launched its new headquarters... more
New Cashback Service is ‘no gamble’ Says E-wallet Firm
E-wallet specialist STICPAY is launching a cashback service for its gaming and gambling customers worldwide in early May.
