Comments on Klarna Sharing BNPL Data with Credit Agencies
- 2 years 8 months ago
- Payments
Neil Kadagathur, Co-Founder and CEO of Creditspring, comments: “Ever since payday loans have been driven out of the mainstream, BNPL has been viewed as the new wild west of the borrowing industry. “Regulation is welcome but the misconceptions amongst borrowers, that BNPL is risk-free or isn’t a form of borrowing that can lead to debt, are a much bigger issue. Regulation won’t go far enough - lenders need to ensure they develop awareness amongst... more
Crypto Engagement Continues to Rise: Third of Britons have Purchased Cryptocurrency
- 2 years 8 months ago
- Cryptocurrencies
Cryptocurrency awareness and ownership has continued to increase over the last six months, according to the latest findings from Coinbase, a global platform. Its latest bi-annual analysis of UK consumers, carried out by Qualtrics on behalf of Coinbase, found that the proportion of people who own, or have previously owned, cryptocurrency has risen four percentage points over the last six months, meaning one in three (33%) have now purchased these... more
Hello Pay Launches New High-end mPOS Device
- 2 years 8 months ago
- Payments
Mobile point-of-sale solutions (mPOS) are no longer ‘alternative’ payment solutions – even small vendors who aren’t using this technology, will soon lose out if they don’t adapt. The market is expected to achieve a compound annual growth rate of almost 20 percent between 2021 and 2027, with many merchants not only adding these solutions to their business, but even replacing their traditional POS systems with mobile terminals.
How Binance is Providing Financial Opportunities to Cameroonians and Keeping their Assets Safe
- 2 years 8 months ago
- Payments, Cryptocurrencies
Binance is committed to equipping crypto beginners with resources for lifelong financial and career development
Small Business Leaders Look to Prioritise Better Work-life Balance to Improve Leadership Performance and Personal Wellbeing
- 2 years 8 months ago
- Payments
New research from American Express highlights that - after a challenging few years - small business leaders increasingly recognise the importance of a healthy work-life balance and downtime to improving their personal wellbeing as well as vital business leadership skills.
Things Speed Up for Payful Following Accelerator Selection
- 2 years 8 months ago
- Payments
Payful, a new startup dedicated to eradicating late invoice payments across B2B transactions has secured its place on Enterprise City’s ‘Exchange Support Scheme’. As part of the selection, the fledgling Manchester-based FinTech will now move its offices to the city’s famous Bonded Warehouse.
Klarna’s Fairer Alternative to Traditional Credit will Help UK Consumers Build a Positive Credit History from June
- 2 years 8 months ago
- Payments
Klarna, a leading global retail bank, payments, and shopping service, today announced that its UK customers will soon be able to build a positive credit history by using Klarna’s Buy Now Pay Later (BNPL) products. Klarna will begin reporting use of BNPL products with UK credit reference agencies (CRAs) to protect customers, provide the industry with greater visibility of BNPL use, and give UK consumers one less reason to use high-cost credit... more
UTP, Faster Processing, and phos Become Industry Pioneers by Being the First to Introduce Same Day Processing for Payments Accepted on a Smartphone
- 2 years 8 months ago
- Management, Payments
UTP, an award-winning provider of card and other payment solutions, has partnered with leading fintech, phos, to create the latest industry innovation, tapeeno, enabling smartphones to be transformed into a payment device in an easy and convenient way.
GoCardless Welcomes Paul Stoddart as President
- 2 years 8 months ago
- Payments
GoCardless, a leader in direct bank payment solutions, today announced the appointment of Paul Stoddart as President. Stoddart joins from Mastercard where he was President of its New Payment Platforms, Executive Chairman of Vocalink and a Member of the Mastercard Management Committee.
Look Local First This National Small Business Week
- 2 years 8 months ago
- Payments
VizyPay’s unique initiative motivates shoppers to support community businesses nationwide
Myro Therapeutics Selects MineralTree to Automate and Optimize its Vendor Payment Process
- 2 years 8 months ago
- Payments
Biotech company looks to streamline AP processes to speed cycle time and provide foundation for rapid business growth
iink Payments Closes on $6 MM Debt Facility With Accordion Up to $100 M
- 2 years 8 months ago
- Payments
iink Payments, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has closed on a $6 million debt facility with accordion up to $100 million in partnership with a Los Angeles-based asset management firm. The capital will be used to fund the rapidly expanding iink Advanced Funding program that provides short-term advances to restoration contractors constrained by... more
Kevin. Raises $65m Series a, Led by Accel, to Bring Account-to-account Payments to Existing POS Payment Terminals
- 2 years 8 months ago
- Payments
Next generation payment infrastructure already provides seamless web and mobile payments, supporting 6k merchants across 12 markets Funding will be used to almost double the size of team and launch into new markets kevin., the Lithuanian fintech startup providing an advanced A2A (account-to-account) payment infrastructure to replace costly card transactions, today announces that it has secured $65 million in Series A funding.
Fintech Cheq Announces $2 Million Raise
- 2 years 8 months ago
- Payments
Cheq, the fintech enabling easier cryptocurrency payments, has raised a $2 million pre-seed round led by Connect Ventures, alongside Semantic Ventures, firstminute Capital, and 30 angels including former leadership from Monzo, Revolut and Tide. The funding will enable Cheq to establish itself as the primary option for taking payment with stablecoins that are pegged to the US dollar, removing price volatility for both merchant and consumer.
Paylink Solutions Team Expands with Two Senior Appointments
- 2 years 8 months ago
- Payments
Fintech Paylink Solutions has expanded its senior team by a new head of operations and head of information security. Joe Clarke is now Head of Operations and is responsible for overseeing Paylink’s operations and IT services, managing key projects and delivering the performance management framework and new graduate scheme.
