Visa Is Buying Fintech Startup Plaid For $5.3 Billion
- 5 years 2 weeks ago
- Payments
Visa announced it will acquire Plaid—a startup that connects payment apps like Venmo and Square Cash to users' bank accounts to transfer funds—for $5.3 billion. That marks a doubling of Plaid’s value in a year. The eight-year-old San Francisco company last raised funding a year ago at a $2.65 billion valuation. In 2019, Plaid doubled its number of customers to reach 2,600, and it expanded beyond the U.S. to the U.K., Spain, France and Ireland.
Turkish Banks Switch on Digital Gold Transfer Network
- 5 years 2 weeks ago
- Cryptocurrencies
Turkish banks have begun the transfer of a cryptocurrency representing physical units of gold via a blockchain platform developed by Istanbul Clearing, Settlement and Custody Bank (Takasban). The private cryptocurrency, dubbed BiGA, represent the equivalent of one gram of gold stored in the vaults of the Istanbul Sotck Exchange. The BiGA blockchain platform and gold transfer system caters for the export, amortization and transfer of digital... more
Yooz Named Finalist in 2019-20 Cloud Awards
- 5 years 2 weeks ago
- Payments, Cloud, Accounting
Yooz, the international provider of intelligent P2P software, has been shortlisted in the category Best Cloud Automation Solution in The Cloud Awards, the international Cloud Computing Awards program. Since 2011, The Cloud Awards program has sought to champion excellence and innovation in cloud computing. Entries are accepted throughout the globe and across multiple industry sectors.
Marqeta certify with Mastercard to provide processing services that enable European FinTechs to get to market faster and easier
- 5 years 2 weeks ago
- Payments
Marqeta, the leading global modern payments platform, is now a European certified processor with Mastercard. This new collaboration is designed to help digital banks and FinTechs go to market and scale faster. Twisto, an innovative daily payments app linked to a card, will be the first European customer to deploy Marqeta’s card processing capabilities with Mastercard.
Kickstart the decade with Asia’s biggest disruptors at Money20/20 in Singapore
- 5 years 2 weeks ago
- Payments, Banking, FinTech StartUps, IT Innovations, Infrastructure
Money20/20. No, not the year 2020 but perfect, 20/20 vision. As in, see-into-the-future-of-money type vision. Money20/20 brings that future into crystal clear focus, so those in the industry can plan, create, collaborate – and take their businesses forward. With that goal in mind, the region’s biggest change-makers are joining the line-up in Singapore, with keynotes including:
Orange Jordan Launches “Orange Money” E-Wallet Service
- 5 years 2 weeks ago
- E-Wallets
Orange (www.Orange.jo) Jordan officially launched its mobile e-wallet service, Orange Money, during a press conference that was held on Wednesday, Jan 15, 2020. The event, which was attended by governmental officials alongside the company’s management and strategic partners, celebrated the launch of the financial solution, which recently acquired the epayment license from the Central Bank.
Uphold Announces Bank Connectivity in the U.K. with the Support of the Pound Sterling
- 5 years 2 weeks ago
- Bitcoins
Leading digital money platform Uphold today announces bank connectivity for its users in the United Kingdom with the introduction of support for the Pound Sterling (GBP).
Uphold Announces Bank Connectivity in the U.K. with the Support of the Pound Sterling
- 5 years 2 weeks ago
- Payments, Cryptocurrencies
Leading digital money platform Uphold today announces bank connectivity for its users in the United Kingdom with the introduction of support for the Pound Sterling (GBP).
NatWest announces new partnership to boost SME lending
- 5 years 2 weeks ago
- Payments
NatWest has today launched a new partnership with Soldo, a pre-paid company card provider for small businesses, which will allow two of the bank’s ventures, Esme Loans and Rapid Cash, to be offered directly to Soldo’s customers, as the bank aims to increase lending to UK SMEs throughout 2020.
Vend and Klarna put big business software in the hands of boutique retailers across the UK & US
- 5 years 2 weeks ago
- Payments
Vend, the preferred retail point-of-sale software of the British Independent Retail Association, has today announced a partnership with global payments provider Klarna. The collaboration gives customers of boutique retailers more flexible payment options, levelling the playing field for small business to compete with enterprise retail and offer Klarna’s smooth and easy payments in-store across the United Kingdom. The role out will later follow... more
EPA publishes payment providers guidance in a call for transparency
- 5 years 2 weeks ago
- Payments
The Emerging Payments Association (EPA), which celebrates collaboration and innovation within new and existing finance companies, has published a first of its kind guide to address the need for increased access to bank accounts.
TransferGo Partners With Currencycloud To Power P2P Cross-Border Payments In 55 Markets
- 5 years 2 weeks ago
- Transaction Banking, Payments
TransferGo, one of the world’s fastest growing money transfer companies, today announced it is partnering with global payments platform Currencycloud to facilitate cross-border payments and launch in 14 new markets during Q1 of this year. As a result, the TransferGo and Currencycloud partnership will be available in 69 countries globally.
Mastercard continues to lead PayTech innovation in Europe with CleverCards and EML Payments first-to-market direct to mobile wallet launch
- 5 years 2 weeks ago
- Payments
Mastercard, the partner of choice for fintechs, is announcing its partnership of CleverCards and EML to cement their position as the leading facilitator of PayTech innovation in Europe. CleverCards is a fast moving payments technology start-up, which has re-invented money by allowing any business to send digital Mastercard’s directly to the mobile wallet of a customer or employee by email, SMS, WhatsApp or any messaging application.
CREDEM prepares TARGET Consolidation with Worldline’s Payment and Liquidity solution CRISTAL
- 5 years 2 weeks ago
- Payments
Worldline, the European market leader in payment and transactional services, is proud to announce that CREDEM, one of Italy's leading private banks, has successfully started processing Target2 payments with Worldline’s Payment and Liquidity Hub software CRISTAL.
Ingenico Makes Dual Impact as Payment Partner for The Card and Payments Awards
- 5 years 3 weeks ago
- Payments
Ingenico Group, the global leader in seamless payments, today marks two significant milestones as the payment partner of the prestigious industry awards body, The Card and Payments Awards (TCPA). Not only is it celebrating a decade of supporting the awards, but also raising more than £100,000 through its payment terminals for TCPA’s chosen charities during that time.
