The Cryptocurrency Whale Phenomenon: How do investors Thread Volatility Splashes?
- 3 years 10 months ago
- Payments, Cryptocurrencies
Cryptocurrencies remain extremely volatile. Bitcoin is consistently on track for topping their biggest monthly increase and decline. It faced one of their record-highs of 37.5% decline just this May 2021, and frequently sees drops like 37% drop seen in November 2018 and 40% slide in September 2011. Most recently, the price of bitcoin climbed to $34,805.19 Monday 28th June 2021, up 8% from where it stood at 5 p.m. ET Friday, after Mexican... more
Fintech Aliaswire Secures $6M in New Venture Funding
- 3 years 10 months ago
- Fundraising News, Payments
Inability to Adapt Hampering Banks AML Efforts
John Dobson, CEO at SmartSearch, says: “The European Banking Authority (EBA) has this week highlighted a key issue in RegTech, which is the wide variability of quality and services in the market. This may well be hampering further adoption of the technology in the sector. “We may have left the EU but of course we’re still doing business with the bloc and any moves they make towards increased regulatory standards will have to be reflected in the... more
MOVii Achieves 1.5 million Customer Milestone Powered by Comviva’s Digital Wallet Platform
- 3 years 10 months ago
- Payments
Digital payments company, Movii announced that it has crossed 1.5 million customer milestone on its digital wallet platform in May 2021. MOVii is ranked fifth amongst all financial institutions in Colombia in terms of transaction volume and has reached this milestone faster than any other financial institution in the country.
Billhop Announces New CCO and COO Appointments
- 3 years 10 months ago
- Payments, People Moves
Billhop (www.billhop.com), the Swedish payment platform that helps businesses to improve cash flow and close liquidity gaps, has today announced that it has appointed two new hires joining its executive management team - Tashi Gauffin as Chief Commercial Officer, and Niklas Bothén as Chief Operations Officer.
Muchbetter Payments Now Available on Betsson Group Online Gaming Platform
- 3 years 10 months ago
- Payments, e-Payments
MuchBetter, the multi-award-winning e-wallet app, today announced a new international payments partnership with global gaming leader Betsson Group. MuchBetter is now available to players in multiple jurisdictions across ten popular Betsson brands, including Betsson.com, Betsafe.com and CasinoEuro.com.
Medius Delivers Seamless Cross-border Payments with TransferMate
- 3 years 10 months ago
- Management, Payments
Medius, a leading provider of spend management solutions, is announcing its partnership with TransferMate, the leader in payments infrastructure as a service, to offer Medius customers an integrated and seamless way to make international payments without leaving their existing spend management platform.
Yolt Reveals 1 in 7 Consumers Worry About Being Able To Afford Household Bills, Ahead of Changes to The Furlough Scheme
- 3 years 10 months ago
- Platform Technology, Money Transfers
Pauline van Brakel, Chief Product Officer at money app Yolt, comments: “The changes to the furlough
PayNearby to onboard 10,000 Women Business Correspondents to offer Banking Services
PayNearby, India’s leading branchless banking and digital payments network, announced that it will onboard 10,000 Women BC Sakhis from Self Help Groups to offer banking services to various Gram Panchayats in Uttar Pradesh. The company thus aims to digitize transactions worth ₹1000 crores through the Self Help Group (SHG) ecosystem across Uttar Pradesh, while enabling BC Sakhis to earn additional revenue. The company has entered into a... more
Klarna Becomes first Fintech to Join The Climate Pledge and Race to Zero Campaig
- 3 years 10 months ago
- Payments
Klarna, a leading global retail bank, payments, and shopping service, today announces that the company is joining The Climate Pledge and the Race to Zero campaign. Klarna is to implement decarbonization strategies in line with the Paris Agreement in order to reach net-zero greenhouse gas emissions in all scopes by 2040 at the latest.
New QR-code Based Open Banking App Offers Low-cost Digital Payment Solution for SMEs
- 3 years 10 months ago
- Open Banking, Payments
tomato pay is a new QR-code based app that offers an easy and affordable non-cash payment solution for small businesses More than half of cash-only businesses have lost customers because they don’t offer alternative payment options while most shoppers are using less cash than ever because of hygiene fears
American Express Upgrades the UK Business Gold Card, Enables Cardmembers to Earn more Points
- 3 years 10 months ago
- Credit Cards
Today American Express announced that American Express® Business Gold Cardmembers in the UK can now earn up to 50% more Membership Rewards® points when they spend £20,000 per quarter. The increased rewards come alongside flexible benefits, new savings and discounts, and enhanced employee card controls designed to help businesses drive more value from their spend as they once again refocus on growth.
ACI Worldwide Winner of ‘Most Creative Solution’ at EBADay Request to Pay Ideation Contest
- 3 years 10 months ago
- Payments
ACI Worldwide, a leading global provider of real-time payments and digital payments software solutions, today announced that its submission Making Tax Less Taxing was voted overall winner of the ‘most creative solution’ category during the Request to Pay (R2P) Ideation contest at
Cardlay Builds Cloud Solution Integrated with Concur Expense
Cardlay, a leading Danish commercial banking as a service payment FinTech, today announced it is collaborating with SAP® Concur®, the world’s leading brand of travel, expense and invoice management solutions, on an integration that is designed to allow banks to issue and manage virtual payment cards for their corporate card holders.
QuantHouse Partnership with Brave New Coin Empowers Crypto Investors with Data, Indices and Analytics to Improve Trading
Brave New Coin , a leading data analytics and research company backed by Techemy Ltd., today announced a partnership with
