SME Marketplace unlocks financial access for 75,000 Indian farmers, aims to repair Coronavirus-hit supply chain
- 5 years 10 months ago
- Covid-19, Platform Technology, Payments
BPC, the leading provider of digital payment solutions, shares pilot phase results from its new digital platform Safal Fasal, an SME Marketplace for small and marginal farmers in India. Through access to Farmers Producers Organisations (FPO), Safal Fasal has helped 75,000 Indian farmers access instant payment for the first time and increase their income.
LHV & Form3 Partner to Deliver a Single API-based Payments Platform
LHV, the financial and payment services provider, is pleased to announce an extended partnership (the ‘Partnership’) with Form3, the leading provider of real-time, cloud native payment technology. The Partnership delivers a single API-based payments platform, which gives fintechs and financial institutions 24 x7 access to instant payments in both GBP and Euro via the UK Faster Payments and the SEPA Instant Schemes.
Quppy - the first neobank to support mobile phone recharges in over 140 countries
- 5 years 10 months ago
- Payments
Quppy, a three-year-old European fintech project, has integrated instant mobile phone top-ups in over 140 countries. Recharging your mobile phone and those of your relatives and friends has never been that easy and fast. You simply have to fill in the number or chose it from your contact list and state the exact recharge amount.
Mastercard and Enel X to Launch Fintech-Cyber Innovation Lab in Israel
- 5 years 10 months ago
- Payments, IT Innovations
The new lab, launched in partnership with the Government of Israel following a competitive tender held by the Israel Innovation Authority, will collaborate with start-ups to test and develop solutions in fintech and cybersecurity
Lumi Wallet introduces 0% fees on all in-wallet operations
- 5 years 10 months ago
- Cryptocurrencies
Lumi Wallet is introducing 0% Fees on all in-wallet operations. All you need to get rid of fees is the Lumi Wallet app and the promocode – HEYHEY. Why is Lumi doing this? Decentralized finance has undeniable advantages over fiat currencies: convertibility, diversification, speed, and security of transfer. But the junction of two worlds - crypto and fiat - is where we face the necessary evil - transaction fees.
Velo Payments Partners with Mastercard to Modernize Business Payments Globally
- 5 years 10 months ago
- Payments
Velo and Mastercard (NYSE:MA) today announced a partnership to modernize the $125 Trillion global business payments market. The agreement will see Velo operate as both a Buyer and Supplier Agent for Mastercard’s Track Business Payment Service. Track was built to simplify and automate the exchange of payments-related data between the world’s Buyers and Suppliers - one of the first open loop commercial solutions to do so.
PayGuard® Chooses Nuapay for Open Banking Payments
- 5 years 10 months ago
- Open Banking, Payments
Leading provider of account to account payment solutions, Nuapay, today announces that it has been selected by PayGuard® a brand of Fusion Telecom to provide open banking payment services to its call centre customers. This is the first known deployment of open banking payments for telephone orders.
Bitcoin halving highlights crypto is part of mainstream finance: deVere CEO
- 5 years 10 months ago
- Bitcoins
Bitcoin’s historic halving event on Monday underscores that the “long-term future of cryptocurrencies is secure”, says the CEO and founder of one of the world’s largest independent financial advisory organisations. The comments from deVere Group’s Nigel Green come as the world’s supply of Bitcoin was forever slashed on Monday. The highly anticipated halving event, occurring only every four years, means that less and less Bitcoin – which is... more
Wirecard and Varengold Bank Partner to Provide Financing and Market-leading Payment Solutions to FinTech firms
- 5 years 10 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, and Varengold Bank, a leading provider of FinTech financing, announced today the launch of a new strategic cooperation. Together, Wirecard and Varengold Bank will provide ambitious FinTechs looking to scale their operations with access to capital to refinance their loan portfolios, combined with a comprehensive set of white-label payment solutions.
illimity launches first PIS Platform
- 5 years 10 months ago
- Payments
illimitybank.com, the illimity Group’s digital direct bank, is introducing the Payment Initiation Service (PIS) in Italy for the first time ever, a system which enables customers to make payments from accounts of other banks consolidated on its platform.
New payments methods accelerate growth in cashless payments worldwide
- 5 years 10 months ago
- Payments
Strong growth in cashless payments as cards increasingly preferred for everyday transactions
Infinito and Paxful Form Strategic Partnership for Safe, Feeless Access to Cryptocurrencies Globally
- 5 years 10 months ago
- Cryptocurrencies
Infinito, the leading multi-crypto wallet for users to easily start investing and earning more with digital assets, today announces its strategic partnership with Paxful, a peer-to-peer bitcoin (BTC) marketplace that aims to provide financial inclusion around the globe.
Absa rolls out PowerCARD across Africa
- 5 years 10 months ago
- Payments
HPS, a leading multinational provider of payment solutions, today announces that it has completed the modernisation of Absa’s African Operations outside of South Africa (“ARO”) acquiring payments infrastructure journey. The transformation journey started in July 2019 with HPS replacing the existing legacy acquiring switch with PowerCARD for eight countries where Absa operates: Botswana, Kenya, Mauritius, Zambia, Tanzania, Ghana, Uganda and... more
Bixin Global Announces 66 Million USD Global Fund of Funds for Cryptocurrency
- 5 years 10 months ago
- Cryptocurrencies
Bixin Global, one of China's largest cryptocurrency custody and mining operators, has launched a proprietary Fund of Funds amounting to 6600 BTC, or approximately USD 66 million. This announcement comes alongside the anticipated BTC Halving, as different stakeholders make various preparations for its arrival. The 6600 BTC fund seeks to empower global crypto quant funds by providing additional resources for liquidity providers and market making... more
Brits adapt to lockdown lifestyle: weekly spending trends revealed
- 5 years 10 months ago
- Payments
Klarna, the leading global payments and shopping provider, today released new data that tracks how UK consumer purchasing habits have evolved while under lockdown and as the COVID-19 outbreak continues. The company, which is used by over 7 million shoppers and has over 5,000 retail partners in the UK, analysed all the transactions made through its retail partners to identify what product categories Gen Zers, Millennials, Gen Xers and Baby... more
