Closed-loop and Account-to-account Services Top of List for Payment Firms in 2022
- 2 years 8 months ago
- Payments
Over half of US and UK companies planning to launch a closed-loop payment system this year Closed-loop payment systems are top of the alternative payment product wish list as over half of payment teams in the UK and US look to launch their own in 2022. Account to account (A2A) payments at the point of sale (POS) are the second most popular with just under half planning to launch a product by the end of the year, according to research by... more
Mastercard Expands Consulting With Practices Dedicated to Crypto, Open Banking and ESG
- 2 years 8 months ago
- Credit Cards, Consultancy
The business world is facing an influx of innovation: changing consumer preferences, rapid digital transformation and geopolitical shifts. To help businesses evolve and supercharge their growth enterprise-wide, Mastercard today announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG).
PayU Launches a new credit payment solution in Romania on eMAG to Transform Online Shopping Experience
- 2 years 8 months ago
- E-Commerce, Payments
PayU introduces a new way of online shopping financing, bringing additional options and convenience to Romanian shoppers New payment options for fast and easy online purchases with your stored card: Buy Now Pay Later- buy now, pay in 30 days at zero costs; SLICE IT- buy now, pay in four instalments.
Bybit Pledges Arboreal Support for Sustainability and Gender Equality in India
- 2 years 8 months ago
- Cryptocurrencies
Bybit has pledged to plant and nurture 100,000 fruit trees in India through its partnership with One Tree Planted Bybit recognizes the importance of giving back and responsibility towards the future generations in building a sustainable future This initiative supports marginalized communities in India — providing sustainable livelihoods and nutritious food to vulnerable families
Temenos Appoints President and Chief Revenue Officer to Accelerate Growth
- 2 years 8 months ago
- Payments
Temenos AG (SIX: TEMN), the banking software company, today announced it has strengthened its Executive Committee with the appointment of Erich Gerber as President and Chief Revenue Officer. His appointment is effective March 1, 2022. Reporting to Temenos’ CEO, Max Chuard, Erich Gerber will lead the company's global Customer Operations to accelerate and scale expansion to new market segments and territories. He and his organization will focus on... more
Mastercard Advances Commitment to Black Women-owned Businesses Across the U.s. With Yearlong Programming, Support and Funding
- 2 years 8 months ago
- Payments, Credit Cards
Company progresses its Strivers Initiative to elevate and support Black women business owners with funding, mentorship, as well as the digital and cyber tools to get their businesses online and grow
Cyber Security Investors Invited to Meet With 10 Tech Start-ups Backed by Dcms and Innovate UK
- 2 years 8 months ago
- Cryptocurrencies
Investors are invited to attend Innovate UK KTN’s CyberASAP demo day on 17 February to meet ten teams with commercially promising cyber security innovations, either online or in person at Level39, London. The event, which is free-to-attend to investors and potential collaborators, showcases innovations with real commercial potential founded by cyber security academics who have received backing, training and guidance from Innovate UK KTN via its... more
Payment Transactions Exploded by Over 1,000 Per Cent in Six Months for Danish ‘tap-to-phone’ Start-up Vibrant
- 2 years 8 months ago
- Payments, FinTech StartUps
Transaction values soared by over 700 per cent and number of users by more than 600 per cent for VISA-backed business The Danish fintech start-up Vibrant has seen an exponential increase in the use of its tap-to-phone payment solution. Between August 2021 and January 2022, it recorded 1,131.97 per cent growth in the number of transactions made via its app.
Cards and Payments Veteran Jukka Rinta Joins EedenBull as Chief Product Officer
- 2 years 8 months ago
- Payments, Credit Cards
Global payments fintech, EedenBull, has today announced that Jukka Rinta, previously the Head of Product Commercial Cards at National Australia Bank, joins the EedenBull executive management team as Chief Product Officer.
Barclays Calls for More Robust Regulation of All Buy-now-pay-later Products
- 2 years 8 months ago
- Payments
A quarter of BNPL users are concerned about their ability to repay their BNPL bills Over a third chose to pay with BNPL due to insufficient funds in their current or savings account Nearly a fifth of 18–34-year-old BNPL users have had their credit score impacted due to missed BNPL payments The average BNPL user is paying off £293 in BNPL loans, and almost half have had loans from different BNPL providers at the same time
Geopolitics Has Put Bitcoin to the Test This Week – What Happens Next?
- 2 years 8 months ago
- Bitcoins
Geopolitical issues, including the heightening Ukraine-Russia tensions, will drive Bitcoin’s increasing mass adoption and higher values this year – despite a 5% drop in the last 24 hours. The prediction from Nigel Green of deVere Group, the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations, comes as more than 100,000 Russian troops mass on the border with Ukraine and global leaders try... more
Bizongo Concludes Maiden Buyback, Liquidates ESOP Worth $3.7 Million
- 2 years 8 months ago
- E-Commerce, Payments
~70% of all eligible former and current employees liquidated their ESOPs~ ~The soonicorn offered employees ESOP at different stages of their tenure with the company~ B2B e-commerce and supply chain enablement platform Bizongo has announced the completion of its first Employee Stock Ownership Plan (ESOP) monetization program worth $3.7 million. While 102 of Bizongo’s former and current employees were eligible for the buyback, only 70% of... more
PayRetailers Enters 2nd year of Successful Partnership With the CONMEBOL Sudamericana
- 2 years 8 months ago
- Payments, IT Innovations
In 2022 PayRetailers will continue as an Official Sponsor of CONMEBOL Sudamericana for the second consecutive year. The partnership reaffirms the innovative PSP platform’s presence in Latin America, consolidating its leadership in cross-border payment processing in the region. Solid infrastructure in Latin America
21Shares Appoints New U.S. Sales Team to Match Growing Investor Demand
- 2 years 8 months ago
- Cryptocurrencies
21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency ETPs, today announced the appointment of three new senior sales leaders to extend its U.S. footprint amidst growing investor appetite for crypto solutions.
6 Out of 10 Credit Card Users Don’t Know How Much Interest They Are Paying
- 2 years 8 months ago
- Payments, Credit Cards
Not a single respondent was able to correctly calculate the full cost of a credit card purchase, including interest
