Fall in Remittances in May due to Localized Lockdowns
- 4 years 2 weeks 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 2 weeks 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 2 weeks 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 2 weeks 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 2 weeks 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 3 weeks 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 3 weeks ago
- Payments
Program will support the conservation of 40 million hectares of landscape and seascape by 2030
#MAKEMONEYEQUAL Campaign Urges Change to The Way Women are Pictured with money
- 4 years 3 weeks ago
- Money Transfers, Credit Cards
There are stark inequalities in how women and men are represented with money in visual media, according to a new report from Brunel University and Starling Bank. In a study of 600 of the most popular photographs of women/men and finance1 across three leading image libraries, women are frequently depicted as childlike compared to men, while many types of women are not shown at all. A Google image search found each of these images appears on up... more
Fintech CEO: Disruptions to Coinbase and Binance Highlight Need for Better Exchange Technology
- 4 years 3 weeks ago
- Artificial Intelligence, Blockchain, Cryptocurrencies, Data
Today, exchanges across the cryptocurrency sector, including market leaders like Binance and Coinbase, were plagued with service disruptions. According to Yahoo! Finance, Coinbase was “investigating delays in withdrawals for ethereum and ERC-20 tokens due to network congestion,” while the platform itself experienced “intermittent downtime.” Binance also announced “temporary halts on ethereum and ERC-20 withdrawals.”
Customers Bank Partners with Tassat
- 4 years 3 weeks ago
- Blockchain, Payments
Customers Bank, a subsidiary of Customers Bancorp, Inc. (NYSE:CUBI) a bank holding company, and Tassat, a global provider of blockchain technologies for digital payments, today announced that Customers Bank will use Tassat’s proprietary platform TassatPay® Network, which features real-time B2B payments and integration of digital and legacy payment rails. The partnership will deliver enhanced payments functionality for the bank’s business clients... more
Curve’s Crowdfunding Round to Go Live After 21,000 Sign-ups Within First 24 Hours
- 4 years 3 weeks ago
- Payments
Curve, the fast-growing financial super app, announces it’s going live with its crowdfunding campaign on Tuesday May 25th, following a surge in demand from customers. Since Curve announced its crowdfunding on May 11th, more than 35,000 individuals have expressed an interest in investing.
Blackhawk Network Adds Product Management and Payments Executive, Cory Gaines, as Chief Product Officer
- 4 years 3 weeks ago
- Payments
Blackhawk Network, a global payments provider, today announced product management and payments executive, Cory Gaines, has been named its Chief Product Officer.
Cashflows Adds Further Industry Heavyweights to Leadership Team
- 4 years 3 weeks 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).
MultiPay Global Solutions and Luxochain Partner to Combat Counterfeiting
- 4 years 3 weeks ago
- Blockchain, Payments
Today MultiPay Global Solutions is announcing its new partnership with anti-counterfeiting blockchain technology provider Luxochain. By combining forces, Luxochain and MultiPay will help businesses maintain and enhance their reputation by ensuring product authenticity without impacting the customer experience.
Barclaycard Payments Data Reveals Immediate Boost for Hospitality Sector, Thanks to Monday’s Lockdown Relaxation
- 4 years 3 weeks ago
- Payments
New data from Barclaycard Payments, which processes almost £1 in every £3 spent in the UK, reveals how Monday’s lockdown relaxation has impacted the UK hospitality sector.
