FinTech phos raises €1.3M to expand its revolutionary software PoS in Europe as cash usage declines rapidly
- 5 years 2 months ago
- Payments
Phos, the fintech that created the first ever software PoS which allows merchants to accept payments directly on their phones, today announced that it has closed a fundraising round of €1.3M. The round was led by New Vision 3 and also saw new angel investment in the business. The new funding sees the total amount raised by the business increase to €2.5M, enabling phos to grow its development team to introduce new features like PIN on Phone, its... more
Uber Eats partners with Mastercard to commit an additional 40,000 meals for NHS staff
From today, an additional 40,000 free meals will be available to NHS heroes on Uber Eats. Together, Uber Eats and Mastercard hope this will help reduce the pressure on the heroes on the frontline of the coronavirus crisis. NHS staff will receive a £10 voucher, donated by Mastercard, that they can use on the Uber Eats app to buy a meal from thousands of restaurants and convenience stores in more than 150 towns and cities across the UK. Toussaint... more
PXP Financial Launches new Research on Generational Outlook towards Payments and Betting
- 5 years 2 months ago
- Payments
PXP Financial, the global expert in acquiring and payment processing services, has launched research into the payment habits of different generations of players in the online gaming and betting space.
Wirecard collaborates with leading Hungarian e-commerce agency UNAS
- 5 years 2 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, today announced a new strategic partnership with renowned Hungarian e-commerce agency UNAS to offer Wirecard’s payment solutions to its almost 5000 merchants. Through the agreement, Wirecard will be integrated as payment service provider (PSP) for UNAS. As a result, merchants can leverage on Wirecard’s payment solutions for their online shop.
Billhop collaborates with Visa to improve working capital for Irish businesses
- 5 years 2 months ago
- Payments
Billhop (billhop.com/ie) has launched a collaboration with Visa in Ireland to enable businesses to pay their suppliers using card, regardless of whether the supplier accepts card payments. As part of the collaboration, Visa cardholders have a preferential rate of 1,99%* with Billhop, considerably lower than the headline rate of 2,95%.
The EPA announces ‘Weathering the Storm’ consultation on the impact of COVID-19
The Emerging Payments Association (EPA), which encourages collaboration and innovation within new and existing finance companies, today announces the outcomes of its first COVID-19 consultation.
Saga's SGA token added to Celsius Network's interest-earning wallet
- 5 years 2 months ago
- E-Wallets
Saga Monetary Technologies (Saga) today announced that its SGA token - the first global, stabilised, digital currency controlled by its holders - has been listed on Celsius Network, a cryptocurrency interest income platform.
nexo standards Welcomes Twelve New Companies to Global Membership
- 5 years 2 months ago
- Payments
nexo standards, the international association enabling global interoperability in payment acceptance, has welcomed twelve new companies to its membership, bringing the total number of members up to 89.
Contactless card PIN limits to increase temporarily to help reduce the risk of COVID-19 transmission
- 5 years 2 months ago
- Payments
Australian Payments Network (AusPayNet), the self-regulatory body for the payments industry, confirmed today that the payment industry will be increasing the PIN limit for contactless card payments from $100 to $200 to reduce the need for physical contact with the payment terminal.
Historical evidence for bitcoin performing like digital gold
- 5 years 2 months ago
- Bitcoins
In the recent crash, the independence of bitcoin relative to other assets has been challenged as it dropped by more than the S&P500 index. Many are tempted to conclude by saying the diversification argument does not hold anymore. The Research Department of SEBA Bank has a different opinion, based on an analysis of three examples of financial stress with a focus on gold. This precious metal is an asset revered as a classic diversifier and,... more
Fiserv Enables Financial Institutions to Quickly Assist Small Businesses Seeking Paycheck Protection Program Loans
- 5 years 2 months ago
- Payments
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling banks and credit unions to accept applications from small businesses seeking relief under the U.S.
Mastercard enables higher contactless payments across Canada
Mastercard announced it is enabling the increase of contactless payment limits across Canada, as people look for safer ways to pay in the wake of the COVID-19 (coronavirus) pandemic.
Pannovate Partners with Salt Edge to Deliver Instant PSD2 Compliance
- 5 years 2 months ago
- Payments, Banking, Compliance
Pannovate, UK’s leading payment and digital banking technology company, has partnered up with Salt Edge, leader in offering open banking and secure customer authentication solutions to help organisations launch competitive PSD2 compliant banking and payments programmes in the UK and throughout Europe.
Xpring Now Supports Interledger STREAM
In December, we announced the launch of xpring.io, a developer site that includes a wallet, tools, services, and documentation that help developers enable payments in their products and apps. Xpring Wallet Today, the Xpring Wallet now supports Interledger Protocol (ILP) STREAM, which further enables developers to insert streaming payments using Testnet (fake money) into their products and applications.
COVID-19 Crisis Highlights Need for Real-Time and New Digital Payments Services Around the World, New ACI Worldwide Research Reveals
More than half a trillion real-time payments transactions will be processed over the next five years, according to Prime Time for Real-Time, a new global report from ACI Worldwide (NASDAQ: ACIW) and
