NatWest Group to Switch All Debit Cards to Mastercard
- 3 years 12 months ago
- Payments
Mastercard and NatWest Group today announced an expansion of their payments partnership by agreeing to convert all the Banking Group’s retail and business debit cards to Mastercard. The agreement includes all NatWest Group brands: NatWest, Royal Bank of Scotland, Ulster Bank and Coutts, totalling 16 million cards.
Cashflows to Launch Platform That Gives Merchants Greater Control of Their Funds
- 3 years 12 months ago
- Payments
Cashflows, the platform that makes it easy for merchants to accept payments, has launched Anytime Settlement. The new service enables businesses to access funds in a matter of hours following a transaction, rather than the industry average of three working days.
Bitstocks Sees Bumper Surge in Transaction Volumes, Powered by Modulr
- 3 years 12 months ago
- Payments
Bitstocks, the London-based fintech scale-up, has seen monthly transaction volumes increase on its Gravity platform by nearly 14% on average month-on-month since partnering with Payments-as-a-Service FinTech Modulr. The average deposit on the Gravity platform is now £3,300 per user.
ConsenSys and Securosys to Launch Secure Method for Long-Term Ethereum 2.0 Staking
- 3 years 12 months ago
- Cryptocurrencies, Security
ConsenSys, the leading Ethereum software company, and Securosys, a leader in cybersecurity, encryption, and digital identity protection, announced the launch of a seamless and secure method for long-term Ethereum 2.0 staking.
BPC's Radar Payments to Extend Its Regional Partnership with Visa’s Fintech Fast Track Program
- 3 years 12 months ago
- Payments
Global paytech provider BPC today announced that it has extended its membership with Visa’s Fintech Fast Track Program to APAC, Europe, the Middle East and Africa. The program makes it quicker and easier for fintechs to leverage Visa’s global payments network and introduce new payment experiences. This strategic initiative is a response to the surge in demand among fintech players to enhance their product propositions, expanding beyond their... more
Paymob Wins Place on Techstars Hub71 Accelerator Programme
- 3 years 12 months ago
- Payments
Innovative software development start-up company Paymob has won a place on the Techstars Hub71 Accelerator. The announcement comes after a rigorous selection process which saw just 10 companies accepted for the Class of 2021. Hub71, based in Abu Dhabi, actively seeks to find and champion emerging talent across the technology industry.
Fintech Innovation Company EedenBull Expands Business to North America
- 3 years 12 months ago
- Payments, IT Innovations
EedenBull, a global fintech innovation company, specialising in B2B and Commercial Payment technology, has announced its expansion to North America with the opening of its first US office, in New York.
PayU Partners with Silverflow to Revolutionise Card-Acquiring Process for PSPs
- 3 years 12 months ago
- Payments
PayU, the fintech and e-payments business of Prosus, today announces its partnership with Silverflow, the cloud-based payments pro
Biometrics to Secure Over $3 Trillion in Mobile Payments by 2025; Driven by Shift to App-based mCommerce
- 3 years 12 months ago
- E-Commerce, Payments
A new study from Juniper Research has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020.
DT One Partners with UPT in Turkey to Launch the Country’s First International Airtime and Data Transfer Service
- 3 years 12 months ago
- Payments
DT One partners with UPT in Turkey to launch the country’s first international airtime and data transfer service. For the first time, foreigners living and working in Turkey will be able to send airtime and data to their families back home with global money transfer and payment platform UPT and DT One, the world’s leading B2B network for mobile top-up solutions, bill payments and mobile rewards.
NymCard Announces $7.6 Million Series A Funding
- 3 years 12 months ago
- Fundraising News, Payments, Banking, FinTech StartUps
NymCard, the leading MENA Banking as a Service (BaaS) provider has announced that they have received $7.6 million in Series A Funding. This round of funding was led by Shorooq Partners in participation with OTF Jasoor Ventures and VentureSouq. With this round NymCards total raised funding amounted to $12 million to date.
Qolo Announces Embedded Processing Capability and Platform Licensing Through Its 100% Native Cloud Infrastructure
Qolo, the B2B payments hub for the New Economy, today launched its INTERACT embedded processing functionality and platform licensing solutions through its 100% native cloud capability, an industry first.
EQT Ventures Backed Banking Circle and Mobile Payment Solution Provider HIPS Partner to Simplify Global Payments
- 3 years 12 months ago
- Payments
HIPS Payment Group Ltd, a provider of innovative and cost-effective e-commerce and mobile payment solutions, and licensed bank, Banking Circle, which delivers ground-breaking financial infrastructure for Payment businesses and Banks, today announced their partnership, which enables Hips to offer settlement with domestic payment rails.
Employee Benefit and Reward Pioneer Ben Secures $2.5M
- 3 years 12 months ago
- Investment, Payments
Employee benefit and reward pioneer Ben has raised $2.5m in a round led by Cherry Ventures and Seedcamp. The round was also supported by notable FinTech and HRTech angel investors including Paul Forster of Indeed.com, Taavet Hinrikus of Transferwise, Carlos Gonzalez-Cadenas of GoCardless (now Index Ventures), Philip Reynolds of Workday, and Matt Robinson of Nested.
Home Credit & MobiKwik Launch ‘Home Credit Money’
- 4 years 1 day ago
- Personal Finance, Payments
MobiKwik, India’s largest digital credit platform, today announced a strategic partnership with Home Credit India, a local arm of the international consumer finance provider Home Credit Group with operations spanning in 9 countries across Europe and Asia to launch ‘Home Credit Money’. A mobile application-based wallet, Home Credit Money provides integrated end-to-end digital experience to its customers for their daily life payments and borrowing... more
