Barclays Reveals Pitfalls of Unregulated BNPL Agreements for Christmas Shoppers, with Two in Five Users Unclear what they’re Signing Up to
36 per cent of ‘buy now pay later’ (BNPL) users do not fully understand the consequences of missing repayments
Capricorn Foundation: Stablecoin Is Making Waves in Traditional Economy
- 2 years 3 months ago
- Cryptocurrencies
Crypto has had futures for some times and only recently has its structure developing more sophisticated in the traditional financial ecosystem. In early 2019, there was only $275 million of crypto collateral locked in the DeFi economy while it hits the milestone high of $200 billion today.
UA Multimedia Expands into DeFi and Multi-Trillion Dollars Cryptocurrency Market, Introduces Decentralized Exchange (DEX)
- 2 years 3 months ago
- Cryptocurrencies
UA Multimedia, Inc. (OTC Pink: UAMM), a holding company and solution provider in the area of blockchain, cryptocurrency, fintech, decentralized finance (DeFi), NFT and metaverse, announces the upcoming launch of its Decentralized Exchange (DEX). A DEX is a decentralized permissionless cryptocurrency exchange that allows users to trade various tokens directly without going through a middleman like those from centralized exchanges (CEX).
Business Credit Scores Stabilise Despite Ongoing Challenges
- 2 years 3 months ago
- Payments
Experian reveals how UK business credit scores have fared from the start of the pandemic to September 2021 South-West ranks highest, while the retail sector shows resilience New research from Experian, which analyses 2.2 million UK businesses, has revealed that, on average, businesses’ credit scores are recovering well from the impact of COVID-19.
emerchantpay and Elsner Technologies Team Up to Accelerate Payments for Thousands of Online Businesses
- 2 years 3 months ago
- Payments
emerchantpay, a leading payment service provider and acquirer, has formed a strategic partnership with Elsner Technologies, an award-winning web and digital marketing agency. Together they will offer greater payment flexibility to their customer base.
The UK Will Be Ready for SCA From a Compliance Perspective, but Attention Needs to Shift to Optimisation, Reports New Insight
- 2 years 3 months ago
- Payments, Compliance
Stakeholder interviews reveal that UK issuers, acquirers and gateways are largely ready for SCA enforcement SME merchant readiness remain greatest concern for UK market New sprint ramp-up plan to commence on 18th January with full compliance required by 14th March
Mollie Launches 1 Million Euro Acceleration Fund for Developers, Start-ups and Digital Agencies
- 2 years 3 months ago
- Fundraising News, Payments
Payments platform spurs external innovation Mollie, one of the fastest growing payment service providers in Europe, today launched a new 1 million Euro fund designed to drive the creation of new integrations and add-on products for its platform. The ‘Mollie Acceleration Fund’ will support developers, start-ups and digital agencies to realize bold and ambitious projects that help power the growth of Mollie’s 125,000+ e-commerce merchant customers.
Sonovate & XPO Strike Exclusive Funding Partnership to Resolve Payment Disconnect Between Brands and Their Influencers
- 2 years 3 months ago
- Fund Management, Payments, Financial
Sonovate becomes sole funding partner to XPO for fast influencer payments by brands Influencer marketing market worth $14bn globally, and still growing Sonovate data shows 57% of young people believe freelance work gives them the flexibility to experiment with different career routes But 56% of contract workers will only work for a company which had a track record of paying wages on time, and 48% refuse to continue to work for a company which... more
Vyne’s open banking payments go live on 10 THG brands
- 2 years 3 months ago
- Open Banking, Payments
Vyne’s Open Banking powered account-to-account payment method has gone live on the online checkouts of 10 THG plc brands including Myprotein, Glossybox, ESPA and Zavvi
iwoca Expands Market-first Revenue Based Loan to Support Post-pandemic SME Recovery
- 2 years 3 months ago
- Payments, Credit Cards
iwoca announces expansion of its merchant cash advance product to all businesses accepting card payments in the UK following successful launch with FundingXchange Research reveals that 87% of SME owners who use loan products said they believe that a revenue-based loan would be better or the same as using a term loan
Managing money most significant barrier to SMB international expansion, as British SMBs stay home
- 2 years 3 months ago
- Digital banking, Transaction Banking, Payments
International payments are the most significant barrier to British SMBs expanding internationally, according to new research by Wise Business, the business account for going global. The new research, which saw YouGov poll more than 4,800 SMBs worldwide, found that almost a third (30%) of all British SMBs surveyed who have been put off from international expansion, have been put off by the cost and complexity of managing international payments.... more
ACI Worldwide Drives Payments Innovation for PayPoint
- 2 years 3 months ago
- Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it is extending its partnership with PayPoint, the leading provider of innovative technology and payment services, to drive modernization of its payments business. PayPoint, a long-standing customer, will utilize
VizyPay’s Cash Discount App for Clover POS Systems Wins Gold in 11th Annual Best in Biz Awards
- 2 years 3 months ago
- Payments
The award-winning app allows for the seamless integration of its Cash Discount Program with Clover devices to ultimately provide money-saving payment options for small businesses across the nation
Mollie’s Black Friday Payment Data Reveals 51% Increase in BNPL Usage
- 2 years 3 months ago
- Payments
Fintech unicorn and leading payment processor, Mollie, reveals trends for small and medium-sized merchants during Black Friday, Cyber Week and Cyber Monday Mollie, one of the fastest-growing payment service providers in Europe, has revealed its annual insights into online payment trends for small and medium-sized retailers on Black Friday, Cyber Week and Cyber Monday. The data shows that Buy Now, Pay Later (BNPL) purchases are rocketing in... more
IBN (InvestorBrandNetwork) Announces Latest Episode of The Bell2Bell Podcast Featuring Shone Anstey, CEO of LQwD FinTech Corp
- 2 years 3 months ago
- Payments, Infrastructure
InvestorWire – IBN (InvestorBrandNetwork), a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce