Facial Recognition for Payments Authentication to Be Used by Over 1.4Billion People Globally by 2025
- 4 years 1 month ago
- Payments
A new study from Juniper Research has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020.
Pan-African Fintech Platform Appzone Secures $10mn Series A Funding
- 4 years 1 month ago
- Payments, Banking, FinTech StartUps
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the close of its $10mn Series A round.
Abhaya Prasad Hota and Mohan Tanksale Join PayNearby’s Board as Independent Directors
- 4 years 1 month ago
- Payments, People Moves
PayNearby, India’s largest branchless banking network has announced the appointment of Mr. Abhaya Prasad Hota, former MD & CEO, National Payments Corporation of India (NPCI) and former in-charge of DPSS in Reserve Bank of India and Mr. Mohan Tanksale, ex-CEO of Indian Banks’ Association and ex-CMD of Central Bank of India to the company’s Board of Directors. The new appointments are in line with PayNearby’s vision to create a strong... more
SatchelPay to Introduce the Next-Gen Satchel Fintech Ecosystem
- 4 years 1 month ago
- e-Payments, Financial
SatchelPay, the EU-based electronic money institution (EMI), presents their next-gen financial product line branded as Satchel. The newly introduced and rebranded self-titled platform is designed to access the wide range of financial services intended both for businesses and individual clients.
EBANX Starts Offering MACH’s Digital Wallet for International Online Purchases in Chile
- 4 years 2 months ago
- Payments
EBANX, a global fintech that provides payment solutions in Latin America, has announced a partnership with MACH, the largest digital bank in Chile.
Worldline Explores What it Takes to be the Market Payment Provider in the 'New Normal'
- 4 years 2 months ago
- Payments
Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, will explore the influences that COVID-19 has had on merchants during a live session at ePay Summit, ‘What does it take to be the leading merchant payment provider in an era of “new normal”?’ Taking place on Thursday 15thApril at 15:00pm BST, the session will explore how merchants and payment providers can collaborate to provide personalised,... more
EQUOS Origin Token (EQO) Starts Trading Today
- 4 years 2 months ago
- Cryptocurrencies
EQUOS, the institutional-grade cryptocurrency exchange owned by Nasdaq-listed Diginex [EQOS], today announced that EQUOS Origin (EQO) officially starts trading, with traders receiving a share of over one million EQO tokens that have been issued to price-taker traders on the platform. This comes as trading volumes on EQUOS have reached record levels in recent weeks in anticipation of the EQO launch.
TrueLayer Raises $70 Million to Build the Most Valuable Open Banking Network on the Planet
- 4 years 2 months ago
- Open Banking, Payments
Europe’s leading open banking platform, today announced it has secured a $70m Series D investment round led by new investor Addition. The latest raise reflects the growing demand for its open banking-based services and marks another significant milestone for TrueLayer on its mission to open up finance, building an open banking network that brings together payments, financial data, and identity to redefine how people spend, save, and transact... more
Ziglu Launches Bitcoin Boost
- 4 years 2 months ago
- Payments, Cryptocurrencies
Ziglu, the UK-based and FCA regulated cryptocurrency challenger, has launched Bitcoin Boost, an account that allows Ziglu users to earn interest equivalent to an annual percentage rate of 5% on their bitcoin.
Government of India and Fime Move Closer to National Mobility Scheme Roll-Out
- 4 years 2 months ago
- Payments
Fime has collaborated with the Government of India to develop and launch the testing infrastructure for India’s National Common Mobility Card (NCMC). Part of the national Make in India program, the ambitious initiative will deliver ‘One nation, one mobility card’ to bring unity, efficiency and smoother end-to-end travel experiences to India.
Square Announces Early Access Programme for Ireland Businesses
- 4 years 2 months ago
- Payments
Square, the globally trusted software, payments, and hardware solution for businesses of all sizes, today announces an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.
HPS Completes the Acquisition of ICPS
HPS Group today announces the completion of the acquisition of ICPS in Mauritius, which was first announced on February 9th, 2021. Following the lifting of the last suspensive conditions related to administrative authorizations as dictated by the regulations in force, HPS and ICPS proceeded on April 7th 2021 to sign the reiterative deed of sale related to 80% of the shares of the company ICPS.
equensWorldline Enables First Co-Badged Wearable in Europe for Customers of KBC
- 4 years 2 months ago
- Payments
equensWorldline, a subsidiary of Worldline [Euronext: WLN], European leader in the payments and transactional services industry, processes contactless payments that clients of the Belgian bank-insurer KBC[1] can now execute via the first co-badged wearable in the worl
Why Crypto Digital Assets are Royalty Finance
- 4 years 2 months ago
- Payments, Cryptocurrencies
On March 30 2021, Her Majesty’s Revenue and Customs released guidance specifically describing how crypto digital asset staking should be treated for taxation purposes. It has been assumed previously that staking comes under the umbrella of mining, thus the same guidance has applied.
London to Host First In-Person Fintech Event of 2021
Fintech Week London is back, bigger and better than ever before, with a brand-new team and event format. This July, senior decision-makers representing the most innovative companies in financial services will gather in the UK capital to discuss the position of London as a Fintech hub post-Brexit. Fintech Week London at a glance: