Report from Paysend shows 270 million women worldwide are excluded from day to day banking
- 5 years 1 month ago
- Money Transfers
• White paper released by FinTech firm Paysend, cites Infrastructure, cultural attitudes, and education as the main reasons why 270 million more women than men globally lack financial independence • Low income countries are particularly impacted by the gender imbalance in financial inclusion countries • Data from World Bank points to the importance of money transfers for women in poorer socio-economic situations
SumUp ramps up support for local businesses via Gift Card partnership with Google My Business
- 5 years 1 month ago
- Payments
UK-based payments service provider SumUp (www.sumup.co.uk), today announces a partnership with Google - which will enable merchants using Google My Business to add support links to Gift Cards directly to their Business Profile on Google - in its latest move to support small businesses during COVID-19 and beyond.
Royal Bank launches ‘Tyl’ to help Scottish business build for the future
- 5 years 1 month ago
- Payments
Royal Bank of Scotland has announced the launch of a new, innovative payments service in Scotland. ‘Tyl’ is designed to make it easier for small business customers across the country to receive payments and manage cash flow during COVID-19 and beyond.
O-CITY joins the Visa Ready for Transit program to drive contactless payments for mass transit systems globally
- 5 years 1 month ago
- Payments
BPC’s smart city payment division, O-CITY, has joined the Visa Ready for Transit program for mass transit systems. Visa Ready for Transit program is designed for companies, like O-CITY, whose technology products and capabilities are helping transit agencies and riders realise the benefits of tapping to ride with a contactless card or digital wallet. Acceptance to the program means that O-CITY is a now certified partner and available to cities... more
Marqeta powers Capital on Tap’s expansion to Spain
- 5 years 1 month ago
- Payments
Marqeta, the leading global modern card issuing platform, today announced it has helped one of the UK’s fastest-growing companies, Capital on Tap, to expand its small business credit lending services to Spain. Capital on Tap will be using Marqeta to power payment processing for its small business credit card, offering a working capital facility of up to €50,000 for small businesses.
MFS Africa Acquires Beyonic, Bringing Cross-Border Digital Payments to SMEs Throughout Africa and Beyond
Pan-African cross-border payments leader MFS Africa today announced that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact entities across Africa.
Zenus Bank becomes Visa Principal Member
- 5 years 1 month ago
- Payments
Zenus Bank, the American digital bank is announcing today it is the first International Financial Entity to become a Principal Member of Visa, the world’s leader in digital payments. Zenus Bank makes it easy and safe for clients to access, send, receive and store money in the USA from anywhere globally. By leveraging Visa’s brand, scale and global acceptance footprint, Zenus will bring a robust and innovative value proposition.
Xalq Bank successfully completes implementation of TranzAxis
- 5 years 1 month ago
- Payments
As part of a strategic project to modernise its infrastructure, Xalq Bank, one of the leading banks in Azerbaijan, has launched the open development payments platform TranzAxis from Compass Plus. The flexibility of this software solution will allow the bank to expand the range of services and products provided to customers and quickly respond to market changes.
Retail investors set to sweep up diminishing supply of Bitcoin
- 5 years 1 month ago
- Bitcoins
A report on intentional holdings of Bitcoin published today by digital assets derivatives exchange ZUBR, shows that, if current investment trends continue, daily demand will dwarf the new market supply of bitcoins mined after 2028, when the reward declines further. Exclusive data from the blockchain and market analytics firm, Chainalysis, was used to analyse whether there was a growth in wallet addresses (or accounts) that could be viewed as “... more
Trend of increased global use of digital payment technology to be accelerated
- 5 years 1 month ago
- Payments
The Covid-19 pandemic will accelerate a worldwide trend towards contactless payments, according to a new report from the Emerging Payments Association EU (EPA EU), which was commissioned by Luxembourg for Finance (LFF).
Zumo becomes latest crypto start-up to partner with Modulr
- 5 years 1 month ago
- Payments, Cryptocurrencies
Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has taken its first step towards the creation of a seamless fiat-to-cryptocurrency payments system with the launch of a sterling (GBP) functionality, powered by Modulr, the digital payments platform. From mid-July, the partnership will allow Zumo users in the UK to hold GBP funds within the Zumo wallet, as well as buy and sell cryptocurrencies Bitcoin (BTC) and Ether (ETH).
WEBINAR: Using payments to enhance the shopping experience for everyone
- 5 years 1 month ago
- Payments
Ingenico Enterprise Retail is pleased to announce its latest webinar on how payments can enhance the shopping experience for both the consumer and the retailer. Taking place on Wednesday 1st July at 2pm BST, the session will delve into the challenges faced by retailers as consumers demand to pay when and where suits them best and using the method they prefer.
Ziglu secures £5.25 million seed funding to provide transparent and simple access to cryptocurrency
- 5 years 1 month ago
- Cryptocurrencies
Ziglu, the cryptocurrency challenger has today formally completed its seed funding round, having successfully secured £5.25 million from a number of specialist UK FinTech investors, and entrepreneurs. Despite the challenges of lockdown and the economic pressures, Ziglu has raised significantly more than the average seed round of $2.4 million in the first quarter of 2020 (PwC, MoneyTree Report, 2020). Ziglu is part of the vibrant London Fintech... more
Dwolla Announces New Portal For Superior Partner Experience
- 5 years 1 month ago
- Payments
Dwolla, the programmable payments platform, today announces the latest feature in its robust Partner Ecosystem, the Partner Portal.
NatWest launches new open banking payments service
NatWest has today announced the launch of a new online payment service, Payit by NatWest, which allows customers to make instant online payments to participating retailers, without the use of a debit or credit card - resulting in a fast, fair, simple and safe payment experience. Payit uses the Open Banking infrastructure to allow customers of UK banks to pay for products and services offered by retailers who use the service, which is targeted at... more
