Hi Secures a Spot in Mastercard Start Path Programme
- 2 years 2 weeks ago
- Payments
Hi, the fintech which helps companies unlock fast, affordable working capital and pay employees more flexibly, today announced it has been selected to join Start Path, Mastercard’s global startup engagement programme which helps innovative later-stage startups scale.
In Times of Inflation Vinter and ByteTree Makes a BOLD Bet on Bitcoin and Gold
- 2 years 2 weeks ago
- Bitcoins
Vinter, the leading crypto index provider, announces the launch of the BOLD1 index - providing investors with exposure to bitcoin and gold. The index will be underlying financial products as of today. Inflation in Europe is at its highest level since the euro was introduced. Eurostat has estimated the year-on-year inflation rate for consumer prices in March to be 7.4%, far above the 2% target set by the European Central Bank. As a result,... more
Digital Acceleration Could Add 4 Percent to Retail’s Growth Rate
- 2 years 2 weeks ago
- Payments
Cebr finds that if retailers achieve growth ambitions then they would add £269 billion to retail turnover Research released today by Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, reveals British retailers hold out optimism for growth in 2022, potentially contributing £269 billion to retail turnover.
Tink Expands Open Banking Payments Services to Five New Markets
- 2 years 2 weeks ago
- Open Banking, Payments
Tink, Europe’s leading open banking platform, has announced the expansion of its open banking payments services to five new markets across Europe. Its Payment Initiation Services (PIS) product is now live in the Netherlands, Norway, Estonia, Finland and Latvia. Tink operates in 18 markets in total across Europe, connecting to over 250 million bank customers.
21shares Launches BOLD, the World’s First Bitcoin and Gold ETP
- 2 years 2 weeks ago
- Management, Bitcoins
The 21Shares ByteTree BOLD ETP is listed on the SIX Swiss Exchange and offered by 21Shares and ByteTree A physically backed ETP which rebalances Bitcoin and Gold monthly in inverse proportion to their risk BOLD is designed as a core component within a balanced portfolio, aiming to deliver uncorrelated long-term returns and wealth protection in an inflationary environment
Emerging Economies Outpace Developed Nations in Real-Time Payments Modernization – Boosting Global Economic Growth – ACI Worldwide Report
- 2 years 3 weeks ago
- Payments
118.3 billion real-time payment transactions were made globally in 2021 – a YoY growth of 64.5 percent – set to rise to 427.7 billion in 2026, according to GlobalData · Real-time payments are forecast to help generate additional GDP of US$173 billion by 2026, up from US$78.4 billion in 2021 – according to a Cebr economic impact study of 30 of the world's largest economies, including both industrialized and developing nations
Volume Raises $2.4m to Drive Online Payment Fees to Zero
- 2 years 3 weeks ago
- Payments, FinTech StartUps, IT Innovations
Volume wants to bring an end to the “hidden internet tax”, which is the 2%-8% that debit and credit card, ewallet and BNPL facilitators take for every online transaction Volume is the first to leverage the Variable Recurring Payment mandate to significantly speed up open banking-enabled direct account-to-account (A2A) online payments and do away with those 2%-8% costs
Truelayer Creates Innovative Payment Options With Industry’s First VRP API for Sweeping and Non-sweeping
- 2 years 3 weeks ago
- Payments, IT Innovations
TrueLayer’s Recurring Payments API is now available for customers to use for both sweeping and non-sweeping use cases. Non-sweeping is a fast, secure and low cost payment alternative to Direct Debit and debit cards and goes beyond what is mandated by regulation. Multiple businesses due to go live with sweeping and non-sweeping payments imminently.
Evolve Bank & Trust Joins Newly Launched Banking-as-a-service Association
Evolve Bank & Trust ("Evolve"), a leading financial technology solutions provider, announced today it has joined the newly launched "Banking-as-a-Service (BaaS) Association." The group was formed by "Bankers Helping Bankers," a bankers-only social+platform for collaboration and education.
Top Crypto Platform Bybit Launches Options Trading
- 2 years 3 weeks ago
- Cryptocurrencies
Bybit, one of the world's fastest growing cryptocurrency exchanges, has announced its expansion into crypto options trading, adding to its existing product line of perpetual futures contracts and expiration futures contracts.
FTX.COM Selects Eventus for Global Trade Surveillance and Risk Monitoring on all of its Markets
- 2 years 3 weeks ago
- Cryptocurrencies
Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, and FTX.COM (“FTX”), a leading global cryptocurrency exchange, announced today that FTX has contracted with Eventus to deploy the firm’s Validus platform for trade surveillance and risk monitoring on all FTX markets throughout the globe.
Nium Signs Definitive Agreement to Acquire Socash
- 2 years 3 weeks ago
- Payments
Nium, the global platform for modern money movement, today announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a thriving network that allows consumers to deposit, withdraw, and make payments with cash from more than 30,000 local shops, cafes, and grocery stores.
NIFT and M10 Networks Partner to Power Digital B2B Payments in Pakistan
- 2 years 3 weeks ago
- Payments
The National Institutional Facilitation Technologies (NIFT) of Pakistan and M10 Networks today announce a partnership aimed at facilitating digital B2B payments within Pakistan and enabling low-cost, secure, and instant cross-border transfers.
Equicom Savings Bank Goes Live with FSS Secure 3D
- 2 years 3 weeks ago
- Payments
FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor announced that Equicom Savings Bank (EqB) - one of the leading banks in the Philippines has successfully deployed FSS Secure3D, an intelligent payment authentication solution which can identify higher risk transactions, to provide cardholders an added security layer for online payments and red
Going Cardless Reduces Payment CO2 Emissions by Over 75%
- 2 years 3 weeks ago
- Payments
As the world enters a pivotal period in the fight against climate change and the biodiversity crisis, UK consumers are gearing up to play their part. New research reveals that two-thirds (65%) of Brits are now more conscious about how their consumption patterns affect the environment, compared to two years ago. During that time, 67% of people pared back their use of plastic bags, 45% reduced their energy consumption, and 34% ate less meat.
