Mastercard Pioneers Cloud Tap on Phone, its First Pilot of Cloud Point of Sale (POS) Acceptance Technology
Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with
Fintech Companies that Are Currently Game Changers
- 4 years 4 months ago
- Payments, Banking, Cloud, FinTech StartUps, IT Innovations, Infrastructure
The number of fintech businesses has grown to more than 20,000 worldwide. So what are the best and most innovative companies right now? We take a look here! Fintech companies are growing in numbers and capabilities thanks to improvements in smartphones, internet connectivity and a host of other tech developments. According to data collected by Statista, there were around 12,500 fintech businesses worldwide in 2019, and that grew beyond 20,000 in... more
QR Code Payment Users to Reach 2.2 Billion Globally by 2025, as Services Expand Beyond China & India
- 4 years 4 months ago
- Payments
A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2 billion in 2025, up from 1.5 billion in 2020; equating to 29% of all mobile phone users across the world in 2025.
Phos and Mastercard to Expand Coverage of Contactless Card Transactions
- 4 years 4 months ago
- Payments
Phos, the fintech behind the first-ever software-only Point of Sale (SoftPoS), and Mastercard, the global payments leader, have today announced an expanded partnership to support Tap on Phone, the Mastercard solution that turns phones into payment acceptance devices.
FSS and Okay Partner to Strengthen Authentication for Digital Transactions
- 4 years 4 months ago
- Payments
FSS Technologies (Financial Software and Systems), a global payments technology company, and Okay announced today their partnership to provide focused authentication security to consumer payments - specifically transaction validation and authentication on mobile.
CoinCorner Adds Support For Lightning Network
- 4 years 4 months ago
- Bitcoins
CoinCorner, the UK’s leading Bitcoin exchange, is excited to announce support for the Bitcoin Lightning Network, bringing free and instant transactions to its users. CoinCorner is the first Bitcoin exchange in the UK to announce support for Lightning sends and receives, joining approximately 5 other exchanges around the world that support the scaling technology.
PXP Financial Supports BetMGM with Full-Service Gateway Across the USA
- 4 years 4 months ago
- Payments
PXP Financial Inc., the US subsidiary of PXP Financial Ltd., the expert in global acquiring, payment, fraud and data analysis services, has today announced its partnership with US gaming operator BetMGM, the joint venture between MGM Resorts and Entain (formerly GVC).
2021: The Year Card Payments Expire
- 4 years 4 months ago
- Payments
As more customers have turned to digital channels to manage every aspect of their lives, they have experienced a poor payments experience and service. The problem is cards. They were not built for a digital-first experience and have been retrofitted into current online payment flows. Newer approaches such as Google Pay or Apple Pay paper over those cracks but don’t change the fundamentals.
Paysend Strikes Another Record in Active Users at the Close of 2020
- 4 years 4 months ago
- Payments
UK-based global FinTech payments group Paysend achieved another record on December 30th with over 35,000 active users doing some 45,000 transfers abroad in a single day.
FAB Signs Testing and Trialling Agreement with CLS for ‘CLSNet’
- 4 years 4 months ago
- Payments
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has signed a testing and trialing agreement with CLS for its confirmation, matching and netting service ‘CLSNet’.
Three Payment Trends for 2021: Platform War, Safety and Big Tech
- 4 years 5 months ago
- Payments
What will happen in payments in 2021? Sirpa Nordlund, SVP Industry Engagement at Nets, shares her views on three big trends to expect next year. 1. In 2021, we'll see the war of platforms continue.
Nearly 1 in 4 Small Business Owners Now Won’t Buy Presents for Loved Ones This Christmas
Nearly a quarter of business owners (23%) will not buy any Christmas gifts for their family and friends this year as the pandemic takes its toll on plans across the UK. Christmas and working hours
How to Purchase Bitcoin Quickly and Easily
- 4 years 5 months ago
- Bitcoins
2020 is the year of Bitcoin, as more and more cryptocurrency fans are looking for the best ways to get their hands on the most popular crypto. While there are over a thousand different options, it seems that Bitcoin is the golden currency that will shape the financial future of the world.
New Data Raises Concerns About Post-Christmas Payments as Consumers Raise Card Spending
- 4 years 5 months ago
- Payments
Global analytics software provider FICO released its analysis of UK card trends for November 2020, which reflects the mixed financial fortunes of UK consumers as well as highlighting the continuing debt waiting game. “Our new data shows that despite the introduction of the second national lockdown, credit card spend increased in November, as Christmas shopping got underway, boosted by Black Friday,” explained Stacey West, principal consultant... more
Italian Banking Association Launches an Experimental Digital Euro Project
- 4 years 5 months ago
- Payments
Banks and the Italian Banking Association, in cooperation with ABI Lab, the banking research and innovation centre of the Italian Banking Association (ABI), have started experimentation with the digital euro. The aim of the initiative is to proactively contribute to public debate and support banks operating in Italy as they prepare for the future.
