El Salvador’s Adoption of Bitcoin as Legal Tender ‘is the Exception and Not the Model for the Future’
- 2 years 10 months ago
- Bitcoins
El Salvador’s adoption of bitcoin as legal tender and the country’s second national currency in September of this year calls into question the viability of decentralised cryptocurrencies as a like-for-like substitute for centrally-controlled national currencies. According to William Je, CEO of institutional investment firm Hamilton Investment Management, El Salvador’s adoption of bitcon is not a model for the future, but instead an exception to... more
2022 Payments Summit: Topic Lineup Revealed, Including Mobile Payment Trends, Chip Supply Challenges and The Future of Authentication
Hundreds of thought leaders from every corner of the industry will come together at the 2022 Payments Summit, hosted by the
SimplyPayMe Integrates Smart Engines’ AI-based OCR for Credit and Debit Card Scanning
- 2 years 10 months ago
- Payments, Credit Cards
The global payments company, SimplyPayMe, has integrated a software product through Smart Code Engine for credit card scanning in their mobile app. The integration enables SimplyPayMe merchants to receive frictionless, contact-free card payments through a software-based Point-Of-Sale (POS) system without having to manually type in numbers.
Monneo Launches New Card Acquiring Service
- 2 years 10 months ago
- Transaction Banking, Payments
Virtual IBAN and corporate account provider, Monneo, is excited to announce the launch of its new card acquiring service. The development allows the company to offer a full payment ecosystem to its customers and represents a true end-to-end solution.
Modern Exchange Co. Partners with Nium to Enable International Payments to Key Markets Globally
- 2 years 10 months ago
- Payments
The partnership will enhance Modern Exchange Co’s cross-border payments experience from Oman to all major currencies
Every Day is a Payday: UKG Brings Earned Wage Access to Indian Employees via Rain Partnership
- 2 years 10 months ago
- Payments
UKG (Ultimate Kronos Group), a leading global provider of human capital management (HCM), payroll, HR service delivery, and workforce management solutions, today announced a strategic partnership with Rain India, an earned wage access (EWA) and financial wellness provider to the Indian market.
Privat3 Money Partners with ClearBank to Bolster Accounts and e-wallet Functionality
The payments fintech is using ClearBank’s infrastructure to enhance its digital offering to its high net worth clients.
Elavon Selects Liberis to Offer Financing Solution
- 2 years 10 months ago
- Payments
Partnership supports Elavon’s UK SME customers with personalised, convenient funding Global payments company, Elavon, has partnered with Liberis, a global leader in providing embedded finance solutions, to offer funding for Small-to-Medium-sized enterprises (SME) in the UK.
Fintech CEO: Tim Cook Latest Celeb Tech CEO to Promote Crypto
- 2 years 10 months ago
- Cryptocurrencies
Last month, Apple CEO Tim Cook made news when he told the world at the New York Times DealBook conference that he was invested in cryptocurrency, though noted that he wasn’t giving out investment advice to others. He also noted that he was not committing Apple to participating in cryptocurrencies in any way. His investment came after an interest in digital assets led to further research, he said.
Cryptocurrency Exchange Bitmart Allegedly Loses Nearly $200 Million-Worth Assets in Hack
- 2 years 10 months ago
- Cryptocurrencies, Cybersecurity
Cryptocurrency exchange Bitmart has emerged as the latest victim of a severe hack attack. An alleged $196 million (roughly Rs. 1,479 crore) stored as various cryptocurrencies have been stolen from Bitmart in this attack. The stolen tokens were directed to the unidentified hacker(s) hiding under the pseudo name of “Bitmart Hacker”. The breach that happened on the evening of Saturday, December 4 gained traction after security firm PeckShield... more
FOMO Pay Introduces COBO and POBO Capabilities in Partnership with Banking Circle
FOMO Pay, the leading Singapore one-stop payment solution provider, today embarked on a partnership with Luxembourg-headquartered licenced bank Banking Circle, to enable Collection on Behalf of (COBO) and Payment on Behalf of (POBO) services for FOMO Pay’s corporate clients in APAC.
Klarna Announces Partnership with Harrods Ahead of the Holiday Season to Offer Customers Flexibility when Shopping
- 2 years 10 months ago
- Payments
Klarna, the leading global retail bank, payments and shopping service, has today announced a partnership with luxury retailer Harrods, offering customers more flexible and convenient payment options throughout Harrods Knightsbridge, H beauty and Harrods.com.
Tutuka and Paymentology Create the World’s First Global Issuer-processor Spanning 49 Countries, to Form a New Payments and Card Processing Powerhouse
- 2 years 10 months ago
- Payments
In a move upending the hottest part of the fintech market, two of the world’s leading issuer processors – Paymentology and Tutuka – are merging to create a new payments and card processing powerhouse. Operating under the Paymentology name, the merger creates a new force in payment solutions; giving banks and fintechs the technology, team and experience to issue and process Mastercard, Visa and UnionPay cards, across 49 countries.
Ecospend Partners with London Mutual Credit Union to Empower Customers Through ‘pay-by-bank’ Services
The partnership will improve London Mutual’s services by creating a frictionless journey for customers, providing the option to make payments directly from their accounts.
Paysafe’s Viafintech and Solarisbank Partner to Launch a Comprehensive Deposit and Withdrawal Infrastructure in Europe
- 2 years 10 months ago
- Payments
Companies collaborate to disrupt legacy banking and pioneer a new future of banking
