Payments

ETHoutlet.com To Provide Almost Instant Fiat to KEY Token Conversions

The digital asset and utility token exchange ETHoutlet.com has committed to listing SelfKey's native utility token, KEY, in pair with HKD and joining the SelfKey Marketplace, effective on Oct 25, 2019. Read more »

Cardpay builds global footprint to support eCommerce boom in the US, Asia and LATAM

Cardpay – global fintech provider and fast-growing payment processor serving the needs of eCommerce businesses selling internationally announces its further expansion into 5 new major markets including United States, Mexico, Brazil, China and Singapore. Read more »

CryptoCompare Publishes September Exchange Review

CryptoCompare, the global leader in digital asset data, today released its September 2019 Exchange Review which provides analysis of key developments in the cryptocurrency exchange-traded market. Charles Hayter, Co-Founder and CEO of CryptoCompare, said: Read more »

The 16th JCB World Conference Held in Hawaii

JCB Co., Ltd. held the 16th JCB World Conference in Ko Olina, Hawaii on 16 and 17 October. First held in 1988, the JCB World Conference is a biennial event where JCB partners from all over the world share JCB business strategy and strengthen partnerships. In the past the conference has been held in such locations as Tokyo, Kyoto, Vienna, San Francisco, Bali, and Taiwan. A total of 500 people representing around 150 partner companies, primarily... more Read more »

JGOO reveals UK retailers and tourist industry set to benefit from Chinese buying more British goods online and making more visits to the UK

New research from JGOO, the next generation mobile payments platform, reveals the fall in Sterling could see a surge in Chinese citizens buying British goods online and visiting the UK. JGOO’s research with Chinese citizens reveals that of those currently buying British goods online, 85% intend to purchase more because of Sterling’s fall in value.  15% intend to increase their expenditure here by over 10%, and 4% plan to spend over 20% more. Read more »

bitFlyer makes cryptocurrency trading even easier with launch of bitFlyer app

Today, leading cryptocurrency exchange bitFlyer has announced the launch of the bitFlyer app across Europe and the USA. The app, available for free on both iOS and Android, will allow users to buy and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Monacoin (MONA) and Lisk (LSK). Read more »

Wirecard powers new Swiss Post China cross-border e-commerce marketplace

Wirecard, the global innovation leader for digital financial technology, is providing the payment solution for Swiss Post's “Your Gateway to China” service. Thanks to the “Your Gateway to China” service, Swiss retailers can easily offer their products directly to Chinese consumers through major virtual marketplaces. Read more »

W H Smith and Funky Pigeon partner with Mastercard to launch online payments via ‘Pay by Bank app’

Mastercard has entered into an agreement with WHSmith.co.uk, Funky Pigeon, Cult Pens & The Card Gallery to offer ‘Pay by Bank app’ to online shoppers. Read more »

Fintech Companies Could Help UK Migrant Workers Send an Additional £520M Back Home When Transferring Money

Fintechs could save migrant workers a combined £520m when moving money from the UK to emerging economies, according to new analysis by UK fintech Paysend. Each year, migrant workers in the UK send £8bn back home.  While the average global transaction fee is currently 7% of the money transferred, the fintech average is already well below 2%. Combined, these savings mean migrant workers in the UK could send up to £520m more back home each year if... more Read more »

Ingenico and Pennies donations hit huge £2million mark

Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payments, is celebrating a focus campaign on Corporate Social Responsibility with an extra charitable boost. In the UK, the group has unlocked a milestone of £2M with fintech charity partner Pennies in micro-donations made through Ingenico POS terminals in the UK. Read more »

Trustly opens two new tech hubs in Vitória, Brazil and Lisbon, Portugal

To further refine its online banking payment solutions and accelerate the build-out of global coverage, Trustly is pleased to announce the opening of two new tech hubs in Vitória, Brazil and Lisbon, Portugal. In search of tech talent globally, Trustly will grow its engineering and product management teams outside of Sweden. The hub based in Vitória, Brazil was inherited following Trustly’s June merger with Silicon Valley-based PayWithMyBank, and... more Read more »

Paytm Closes in on $2bn Funding - FT

Indian mobile payment giant Paytm is looking to raise $2 billion at a $15 billion valuation, according to the Financial Times. Existing investors Ant Financial and Softbank are likely to join a round that is expected to close within two months, says the FT, citing sources. The money will be used to help Paytm stay at the top in a market where its is facing competition from Google Pay, Walmart's PhonePe and the imminent arrival of Facebook's... more Read more »

Mastercard’s Principles for Blockchain Partnerships

Not a day goes by without a headline on cryptocurrency, distributed ledger and blockchain initiatives. This technology has undisputable potential and Mastercard, in line with our history of leaning into emerging tech to advance cash displacement and financial inclusion, has been working on blockchain related use cases for several years. Read more »

Fintech Company EBANX is the Newest Unicorn in Latin America

EBANX, a payments fintech company headquartered in Brazil that connects global businesses to Latin American consumers, has raised a significant follow-on investment from FTV Capital, a US-based growth equity investment firm. The investment contributed to making the fintech company the newest unicorn of Latin America.    Read more »

Ripple invests in Swedish start-up Towo Labs

Towo Labs, a Swedish startup aimed at simplifying crypto self-custody, today announced a strategic investment from Xpring, Ripple’s developer initiative to build the internet of value.  The investment will support Towo Labs’ development of hardware wallet firmware with support for all XRP Ledger (XRPL) transaction types and a trustless, non-custodial web interface to the XRP Ledger. Enabling All XRPL Transaction Types on Hardware Wallets Read more »

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