Response Comment to Bitcoin Volatility and Industry News - Stephen Kelso, ITI
- 4 years 12 hours ago
- Bitcoins, Cryptocurrencies
Stephen Kelso, Head of Markets, ITI Capital comments: “Bitcoin is a volatile asset, as demonstrated by the extended deleveraging from liquidations on retail trading platforms over the last week. The substantial draw-down has triggered fresh scrutiny from some traditional banks and institutional asset managers across Europe.
EMVCo Reports Over 10 Billion EMV® Chip Cards in Global Circulation
- 4 years 14 hours ago
- Payments
Data published by EMVCo shows that at the end of 2020, 10.8 billion EMV® chip cards were in global circulation – an increase of nearly 1 billion compared to the previous twelve months. In addition, EMVCo reports that 66% of all issued cards are EMV, with over 86% of all card-present transactions conducted globally using EMV chip technology.
Deko maximises checkout power with new partner Zip
- 4 years 15 hours ago
- Payments, Credit Cards
Leading retail finance platform Deko, has announced a partnership with Zip, the global Buy Now, Pay Later (BNPL) pioneer, which has been added to Deko’s multi-lender platform. The partnership allows customers to pay over four interest-free instalments, supporting merchants seeking to expand their turnover as the UK’s economic recovery accelerates.
ACI Worldwide and J.P.Morgan Collaborate to Offer Merchants in Europe Greater Choice of Payment Options
- 4 years 16 hours ago
- Payments, e-Payments
ACI Worldwide, a leading global provider of real-time digital payment software and solutions, today announced a collaboration with J.P. Morgan, a global leader across banking, markets and securities services, that will enable merchants in certain European countries to deliver in-store payment acceptance capabilities to their customers.
Ethereum Creator Vitalik Buterin to Deliver Keynote at Virtual FinTech Forum 2021
- 4 years 16 hours ago
- Blockchain, Cryptocurrencies
Amid rising use of blockchain in finance and cryptocurrencies emerging as Digital Gold for millennial investors across Asian markets, the alternative investment class will take centre stage at Virtual FinTech Forum on May 27 when Ethereum Creator, Vitalik Buterin delivers a keynote address on The Progress of Ethereum and its role in Future of Finance.
RS2 Granted Electronic Money Institution License from the German Federal Financial Supervisory Authority
- 4 years 16 hours ago
- Payments, e-Payments
RS2, the global payments processing and technology provider, today announced that its German subsidiary, RS2 Financial Services GmbH, has been granted an E-Money Institution (EMI) license by the German regulator, the German Federal Financial Supervisory Authority (BaFIN).
EBANX Unveils EBANX ONE, Its Ultimate Payments Platform for Global Companies in Latin America
- 4 years 1 day ago
- Payments
Payments fintech company EBANX has announced today EBANX ONE, its ultimate payments solution for global companies in Latin America.
Fintech Start-up Launches to Help SMEs Manage Cash Flow
- 4 years 1 day ago
- Payments, FinTech StartUps
Manchester-based fintech start-up Hydr today announces the launch of its proprietary invoice finance platform to help small businesses optimise their cash flow. Co-founded by fintech experts with first-hand experience of the challenges that long payment terms and late payments can create, Nicola Weedall and Hector Macandrew are on a mission to tackle poor payment culture in the UK.
Fall in Remittances in May due to Localized Lockdowns
- 4 years 1 day ago
- Payments
Anand Kumar Bajaj, Founder, MD & CEO, PayNearby said: “The second wave of the COVID-19 pandemic has hit the country harder than ever. As people struggle for survival, lockdown and its impact on the economy has slowed down our domestic remittance business. The remittance business was gradually recovering from the impact of last year's lockdown and labour migration when the sudden spread of the virus in April yet again prompted a large section... more
Community 1st Credit Union Chooses Scienaptic For Quicker, Sharper AI-Powered Credit Decisioning
- 4 years 1 day ago
- Artificial Intelligence, Credit Cards
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Community 1st Credit Union has selected its AI-powered platform to enhance and augment its credit decisioning and underwriting capabilities for new and prospective members.
Brands Must Improve Online Experiences and Embrace Personalisation to Capitalise on the Growing Gift Card Market
- 4 years 1 day ago
- Payments
The gift card market is growing, delivering significant opportunities for retailers Intro: The gift card market in the United Kingdom is seeing significant growth. According to recent research from the Gift Card and Voucher Association (GCVA) supported by Blackhawk Network, the market is now worth £6.9 billion, up almost £1 billion from its previous evaluation in 2019.
The Problem with Bitcoin - David Semmens, Wealthify CIO
- 4 years 1 day ago
- Bitcoins
David Semmens, CIO at Wealthify commented: “The surging popularity of Bitcoin and other cryptocurrencies in recent months has greatly concerned Wealthify. Beginner investors have been enticed by upward spikes, perhaps not fully appreciating the risks associated.
CleverCards to Acquire ExpendiaSmart®, a Provider of Spend Management Solutions and Smart Corporate Cards
- 4 years 1 day ago
- Platform Technology, Payments
CleverCards, a leading global payments platform, announced today that it has entered into a definitive agreement to acquire the business of ExpendiaSmart® including the related Italian Licensed Electronic Money Institution, subject to regulatory approval.
Cashflows Adds Further Industry Heavyweights to Leadership Team
- 4 years 4 days ago
- Payments
Cashflows, the platform that makes it easy for merchants to accept payments, today announces two additions to its leadership team to support its ambitious growth strategy. Ron Shteinberg joins as Senior Director of Product Delivery and Gary Allinson as Head of Product go-to-market for Marketplace, Independent Software Vendors (ISVs) and Payment Facilitators (PayFac).
Mastercard Partners with Conservation International to Protect and Restore Wildlife Habitats through New Line of Wildlife Impact Cards
- 4 years 4 days ago
- Payments
Program will support the conservation of 40 million hectares of landscape and seascape by 2030
