01/08 – Weekly Fintech Recap
- 1 year 9 months ago
- Artificial Intelligence, Blockchain, Digital banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Microsoft and Nexi Drive Payments Digitisation in Europe
Swift Could Face Challenge in New Era for Cross-border Payments - EIU
- 1 year 9 months ago
- Payments
Analysis from the Economist Intelligence Unit (EIU) suggests that while digital disruption to domestic payments continues, the ongoing Russia-Ukraine war will cause parallel disruption to cross-border payment systems. The dominance of SWIFT is endangered. To begin with, the EIU expects growth in digital payments to slow over the next five years.
Crypto Exchange Zipmex Files for Bankruptcy Protection in Singapore
- 1 year 9 months ago
- Cryptocurrencies
Zipmex has become the latest victim of the ongoing crypto crash after running into liquidity problems that it blames on troubled crypto lenders Babel Finance and Celsius Network. The Singapore-based crypto exchange said on Wednesday that it had filed moratorium applications in the city-state for five business entities. The moratoriums will protect Zipmex from any legal claims or proceedings for a period of up to six months, according to a... more
Microsoft and Nexi Drive Payments Digitisation in Europe
- 1 year 9 months ago
- Payments
Nexi announces today a strategic collaboration with Microsoft aimed at innovating digital payments solutions and helping digitalization of SMEs, Corporates, Public Administrations and Financial Institutions across multiple European markets through vertical value-added solutions to respond to specific needs as easy-to-adopt one-stop-to-digital packages for small businesses, secure scalable payment cloud-based infrastructures for public entities... more
Payment Source Cuts Reconciliation Times by 50% and Scales Fast with Duco’s Data Automation Platform
- 1 year 9 months ago
- Payments
Duco, a leading cloud-based data automation company, today announced that Payment Source, the preferred partner to bring innovative payment solutions to the Canadian market, has achieved huge efficiency and scalability gains thanks to the Duco Platform.
Worldpay from FIS Extends Partnership with Chargebacks911 to Help Reduce Chargebacks for Merchants
- 1 year 9 months ago
- Payments
Financial technology leader Worldpay from FIS® is extending its partnership with a dispute technology provider, Chargebacks911, by launching an enhanced range of Disput
Cardless to Launch Co-Branded Credit Cards on the American Express Network
- 1 year 9 months ago
- Payments
Cardless, a financial technology firm, today announced a new agreement with American Express. The agreement empowers some of the country’s most celebrated brands – including travel providers and retailers – to seamlessly launch digital-first cards leveraging the Cardless platform, backed by the benefits, offers, and security of the American Express network.
Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses
- 1 year 9 months ago
- Payments
Instant, easy and responsible: buy now, pay later program continues to expand and reinforces commitment to consumer protections
PayPoint Launches ‘Refer a Retailer’ Scheme
- 1 year 9 months ago
- Payments
PayPoint has launched a ‘refer a retailer’ scheme to reward PayPoint One retailers and encourage new retailers to sign up for the company’s PayPoint One offering. The promotion, which began on Monday 25 July, offers existing PayPoint One retailers one free month’s service credited to their account for each successful referral they make. In addition, referees will be eligible to claim back their first month’s service fee.
Gemini UK Customers Can Now Use Plaid to Connect Their Bank Accounts and Buy Crypto
- 1 year 9 months ago
- Cryptocurrencies
Crypto exchange Gemini, has connected with open banking and payments platform Plaid, to provide UK customers with the option to buy cryptocurrency through their bank accounts. The move highlights the increasing emergence of crypto in the financial ecosystem, opening the door for more retail consumers to build their digital asset portfolios.
Mode Eleven and its Subsidiary, Summit National Bank, Selects Episode Six to Spearhead its Payments Technology Journey
- 1 year 9 months ago
- Payments
Episode Six, a leading payments technology company, today announced it has entered into a strategic relationship with U.S.-based Mode Eleven.
Relai Enables Super Fast, 24/7 Bitcoin Investing with Instant Payments in Europe
- 1 year 9 months ago
- Bitcoins
Relai, the bitcoin savings and investment app, will now provide the fastest access to bitcoin in Europe as it adds instant EUR trading to its platform. New and existing CHF and EUR users will be able to buy and sell bitcoin at superspeed as the company doubles down on customer experience and growth across the continent.
WizarPOS Releases Smart Kiosk D22 to Enable Self-Service Omni-Payments
- 1 year 9 months ago
- Payments
WizarPOS, the trailblazer in Android terminal and
Virgin Money Announces BNPL Credit Card
- 1 year 9 months ago
- Payments
Virgin Money is entering the buy now, pay later arena through the launch of a credit card that lets customers spread repayments over instalments while building their credit scores. Virgin becomes the latest bank to move into BNPL, a fast-growing but controversial sector that has recently been buffeted by rising interest rates and the general economic downturn.
Moneyhub Responds to FCA's new Consumer Duty Regulations
- 1 year 9 months ago
- Payments