LazyPay Forays into Card Segment: Launches LazyCard to Empower India’s Underserved with Access to Credit
- 3 years 1 week ago
- Payments
Built in partnership with SBM Bank India and Visa, the LazyCard boasts the largest pre-approval base of 62 million consumers LazyCard will enable thin-file borrowers to build their credit worthiness with its ‘booster’ feature -Strategically designed reward structure of LazyCard drives value for money with every transaction
Fingerprints’ T-shape 2 Biometric Module for Payments Passes new Security Requirement from Mastercard®
- 3 years 1 week ago
- Payments
Fingerprint Cards AB’s (Fingerprints™) second-generation T-Shape® sensor module and software platform for biometric payment cards have achieved compliance with Mastercard’s new Fingerprint Sensor Evaluation Process. Having passed the former specifications last year, Fingerprints has proactively secured this updated approval to simplify the process for card manufacturers to launch second generation biometric payment cards.
Maven 11 pool on Maple Finance reaches $ 175 million
- 3 years 1 week ago
- Blockchain, Cryptocurrencies
Strong demand from investors to capture yield from a diversified pool of institutional loans The Lending Pool managed by Maven 11 on the capital marketplace Maple Finance has reached a volume of $ 175 million. Launched in July 2021, the Lending Pool has issued 35 loans to premier institutional borrowers in the crypto industry, such as Alameda Research, a quantitative trading firm, GSR, a crypto market maker, and digital asset platform Amber... more
AIRSOFT Technology’s Unique Solutions to Onboarding Traders in 2022
The financial markets have always been dynamic making the ever-changing role of forex brokers complex and challenging. Needless to say the last couple of years have seen momentous change in the industry. With high inflation and tightening monetary policies of central banks around the world, 2022 is shaping up to be another demanding year for brokers.
Goldman Sachs: $100K Bitcoin Possible Over Five Years in ‘digital gold’ Scenario
- 3 years 1 week ago
- Bitcoins
Bitcoin’s price could pass the $100,000 milestone in the next five years, according to a research note by Goldman Sachs analyst Zach Pandl. How did we get here? Goldman Sachs believes Bitcoin will steal market share from gold in the “store of value” market, driving its price just above $100,000.
The Card and Payments Awards Ltd Announces Postponement and New Date
- 3 years 1 week ago
- Payments, Credit Cards
Taking a responsible approach to the current climate and Covid Pandemic. The Card and Payments Awards 2022, after consultation with sponsors and other stakeholders, has been moved to a new date, Thursday 5th May, due to the unforeseen rise in infection from the Omicron variant.
PCI Welcomes RBI Framework for Digital Payments in Offline Mode
- 3 years 2 weeks ago
- Payments
The Payments Council of India (PCI), the representative body of payment system participants in India, welcomed the RBI framework for facilitating small value digital payments in offline mode. The move will benefit the adoption of digital transactions in rural areas or where internet connectivity is erratic or unpredictable, and further provide impetus to offline digital payments.
True Global Ventures Invests US$4 million in Pioneering Digital Brokerage, GCEX
- 3 years 2 weeks ago
- Cryptocurrencies
The GCEX platform bridges the gap between traditional finance and digital assets including FX and Cryptocurrencies, empowering the Digital Brokerage 4.0 Revolution True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$4 million into GCEX, an FCA regulated digital brokerage which enables brokers, funds and professional traders to access deep liquidity in digital assets and FX.
UK Cross-border Shopping Declines by 71%
- 3 years 2 weeks ago
- Payments
Shipping costs, supply chain challenges and additional customs charges the primary drivers New research commissioned by Adyen, the payments platform of choice for many of the world's leading companies, reveals that UK cross-border retail has declined sharply in the last year.
Bitcoin Latinum Secures 2022 Exchange Launches
- 3 years 2 weeks ago
- Money Transfers, Cryptocurrencies
Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency poised to revolutionize digital transactions is announcing its upcoming plan to launch on ten additional global exchanges in 2022, bringing its total to 20 publicly-traded exchanges.
CFPB Releases Report Detailing Consumer Complaint Response Deficiencies Of The Big Three Credit Bureaus
- 3 years 2 weeks ago
- Credit Cards
Equifax, Experian, and TransUnion Routinely Failed To Fully Respond To Consumers With Errors A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian, and TransUnion together reported relief in response to less than 2% of covered complaints, down from... more
American Express and British Airways Launch Offer for New and Existing Cardmembers Which Sees Avios Rewards Soar
- 3 years 2 weeks ago
- Credit Cards
Up to double bonus Avios available on the British Airways American Express® Cards From today, American Express is launching a series of limited time offers that will award generous Welcome Bonuses on its British Airways American Express Cards. Running until 28 February, 2022, these promotions include new Cardmembers* receiving a Welcome Bonus of up to double the usual amount, and existing Cardmembers receiving up to 12,000 Avios when they invite... more
Red Dot Payment Selects Radar Payments by BPC to take on global eCommerce Fraud Prevention
- 3 years 2 weeks ago
- E-Commerce, Payments
Next generation payment processing company, Radar Payments by BPC, has been selected to tackle eCommerce fraud prevention by Singapore's largest home-grown online payment solutions fintech Red Dot Payment (RDP), an e-commerce enabler focused primarily on serving the e-commerce and hospitality verticals.
Funding Poured in for African Payment Startups in 2021—signaling Momentum in the Region
- 3 years 2 weeks ago
- Payments, FinTech StartUps
The funding spotlight turned toward Africa in 2021 as tech startups broke funding records, raising $5 billion across the continent, per TechCrunch.
ParentPay Acquires School Meal Ordering and Hospitality Software Provider BlueRunner
- 3 years 2 weeks ago
- Payments
UK’s leading school payment service enhances its offering to parents, schools and caterers with the addition of tablet-based meal ordering and hospitality management platform
