New Barclaycard Payments Data Shows Huge Rebound for Retail, Pubs & Bars, and Hairdressers as Lockdown Restrictions Eas
- 4 years 2 months ago
- Payments
New data from Barclaycard Payments, which processes almost £1 in every £3 spent in the UK, shines a light on the economic impact of the 12th April changes to social distancing, which included the re-opening of non-essential retail, outdoor hospitality, and hair and beauty businesses.
Greater Use of Contactless Payments Increases Consumers’ Exposure to Financial Crime
- 4 years 2 months ago
- Payments
Value of credit and debit card transactions in the UK falls 17.5% over the last month1 Alex Robinson, Payment and Banking Expert at Featurespace, says: “This latest data shows the pandemic has accelerated consumers’ use of contactless payments to make purchases.
Bitex Becomes First Exchange to Provide Mandatory Cryptocurrency Investment Disclosure
- 4 years 2 months ago
- Cryptocurrencies
Global Cryptocurrency Exchange Bitex announced that it has commenced providing Investment Declaration Report for all its retail and institutional investors, becoming the first Exchange in India to comply with the recent amendments made to the Companies Act 2013 by Ministry of Corporate Affairs.
Mastercard Selects Aion Bank, Powered By The Vodeno Cloud Platform, as Strategic Partner for its Fintech Express Programme
- 4 years 2 months ago
- Transaction Banking, Payments, Banking
Mastercard and Aion Bank, supported by technology partner, Vodeno, have signed a strategic partnership, whereby the digital bank has become a welcomed, certified member of Mastercard’s Fintech Express programme. Through the partnership, fintechs will be able to leverage Aion Bank’s Vodeno Cloud Platform (VCP) technology, one of the most comprehensive banking platforms operating entirely in the cloud.
Curve Chooses Credit Kudos as Open Banking Partner for Curve Credit
- 4 years 2 months ago
- Open Banking, Payments, Credit Cards
Credit Kudos, the challenger credit reference agency and Open Banking provider, today announced they have been selected as the Open Banking provider for Curve, the fintech that brings your cards into one smart card and app, for its forthcoming Curve Credit product.
ekko Launches with Mastercard Making it Effortless For Consumers to Take Action on Climate Change
- 4 years 2 months ago
- Payments, Credit Cards
ekko, an innovative new app, debit card and ecosystem that turns the tide on climate change, has today launched in the UK with a strategic partnership with Mastercard. The launch comes as new research from Mastercard shows two in five Brits (43%) see reducing their carbon footprint more important now than pre-pandemic.
Mollie Appoints New Chair and Board Member
- 4 years 2 months ago
- Payments, People Moves
Mollie, one of the fastest-growing payment service providers in Europe, has appointed Eli Leenaars, Vice-Chairman of Global Wealth Management at UBS as its new chairman and Muz Ashraf, Principal at TCV as a new member of its supervisory board. Leenaars will step down from his UBS role on 31 May 2021.
Payhawk Raises $20M From Klarna Backers QED Investors
- 4 years 2 months ago
- Management, Payments
Payhawk, the platform for payments and expense management, has raised $20 million. The Series A round is led by the US-based fund QED Investors, which has a strong track record of investing in 18 fintech unicorns, including Klarna and Nubank. Existing investor Earlybird Digital East, who led the $3.6 million seed round in March 2020, is also contributing fresh capital. Yusuf Ozdalga will join the Payhawk board alongside existing investors Mehmet... more
Nets and Gifted Partner Up to Develop New Digital Instant Prepaid Gift Card Solution in Europe
- 4 years 2 months ago
- Payments, Credit Cards
Nets, a leading European payment services provider and market leading digital gift card provider, Gifted, have entered into a new agreement to offer merchants an innovative digital solution across the Nordics and wider Europe, including DACH, Benelux and France.
MVIS and CryptoCompare Launch the MVIS CryptoCompare DeFi 20 Index
- 4 years 2 months ago
- Cryptocurrencies, Data
MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, global leader in digital asset data, today announced the launch of the
High-growth Markets Report Unprecedented Surge in Online Consumer Shopping, According to New PayU Global E-commerce Report
- 4 years 2 months ago
- Payments
PayU, the fintech and e-payments business of Prosus, today launches a report titled “The Next Frontier: the most promising markets for emerging e-commerce leaders in 2021 and beyond”, highlighting unprecedented consumer spending growth in e-commerce in high-growth markets that have often been overlooked before 2020 in favour of more traditional, Western markets.
West Africa Launches New Payments Digitization Agenda
- 4 years 2 months ago
- Payments, e-Payments
In Senegal, 8 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance. A survey revealed that 77% of temporary workers would be willing to receive their wages digitally if this gave them access to health insurance.
Bank of Abyssinia Taps Into Path Solutions to Achieve Sharia Compliance and Operational Efficiency
- 4 years 2 months ago
- Payments, Banking, Compliance
Path Solutions, a global provider of AAOIFI-certified software solutions and services for Islamic banks and financial institutions, today announced the signing of a new partnership agreement with Bank of Abyssinia (“BoA”), one of the leading banks in Ethiopia serving more than 4.6 Million custom
CoinDCX - Comment on Bitcoin Price Movement
- 4 years 2 months ago
- Bitcoins
Sumit Gupta, Co-founder & CEO, CoinDCX
Mastercard and Hi Partner to Launch Salary Access Card to Give Employees Real-time Access to Earned Pay
- 4 years 2 months ago
- Payments
Hi55 Ventures, a disruptive new fintech company in pay, has partnered with Mastercard to launch, a market-first salary access card, enabling people to access their pay as soon as they’ve earned it.
