Pay By Link Transactions in Contactless Payments Grow 6X in the Second Wave of Pandemic; Reveals Mswipe
- 3 years 2 months ago
- Transaction Banking, Payments
Ecommerce driving link based payments in metros; groceries in non-metros Payment links via SMS or WhatsApp have emerged as the front runner in contactless payments in the second wave of the pandemic with Mswipe registering a record 6X growth in Pay By Link based (PBL) transactions. PBL transactions grew from 2.37lakh in March 2020 to 12.55lakh in March 2021. A high adoption has been observed across metro cities including Bangalore, Mumbai,... more
67% of Fintechs Believe that AI will Have the Biggest Impact on Sector in the Next Five Years
- 3 years 2 months ago
- Artificial Intelligence, Payments
70% of fintechs are using AI today, and the technology is predicted to dominate the market by 2025 90% of fintechs use APIs and they are currently the most widely used emerging technology “Fintech Five by Five” explores five core technologies that will have the biggest impact on the sector in the next five years
Verafide Launches UK’s first Open Source Solution for Verifiable Credentials
- 3 years 2 months ago
- Blockchain, Digital Identity, Payments, Cryptocurrencies
Engineered by SETL, Verafide allows organisations, networks and individual users to simply and securely issue, hold, verify and share digital ID and credentials Verafide, a verifiable credentials technology provider for issuers, holders and verifiers of digital credentials and ID, today announced the launch of their platform on the SETL enterprise blockchain. The open source solution enables any community, network or organisation to set up and... more
American Cycle Finance Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform
- 3 years 2 months ago
- Payments, Credit Cards, Banking
Leading AI-powered credit decision platform provider, Scienaptic, announced that American Cycle Finance (ACF) has successfully deployed its platform. The implementation empowers ACF to assist its partner motorcycle dealers in selling more vehicles to customers with limited or no credit history through sharper, AI-driven credit decisions.
ICBA Bancard and Finzly Partner to Offer Instant Payments
- 3 years 2 months ago
- Payments
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, today announced a new partnership with ICBA Bancard, the payments services subsidiary of The Independent Community Bankers of America (ICBA), to facilitate instant payments via Finzly’s Payment Galaxy, a payment hub for improved convenience, cash flow and efficiency for community banks and their customers. Finzly... more
NAMMBA and Finastra Announce Partnership to Effect Positive Change in the Mortgage Industry
he National Association of Minority Mortgage Bankers of America (NAMMBA) and Finastra have partnered to bring about positive change in the mortgage industry, meeting the needs of underserved communities and developing a more diverse mortgage workforce. As a Diamond Plus Partner to NAMMBA, Finastra will support the purpose-driven organization’s efforts to enrich and improve the situations of women and minorities who work in the real estate... more
The European project COPA EUROPE led by Worldline creates a New Technologic Environment in the field of Sports and eSports.
- 3 years 2 months ago
- Artificial Intelligence, Blockchain, Payments
Combine the streaming services with AI technologies and blockchain
Icon Solutions Wins ‘PayTech for Good’ at PayTech Awards 2021
- 3 years 2 months ago
- Payments
Icon Solutions, the specialist provider of world-class payment solutions and technology consultancy services for banks and other financial services organisations, has won the ‘PayTech for Good’ category at this year’s PayTech Awards in recognition of its outstanding charitable initiatives.
Ebury Secures One of its Best Performances in Bloomberg’s FX Forecast Rankings
- 3 years 2 months ago
- Payments, Financial, Risk Management
● Ebury named as one of the five top forecasters across 12 different currency crosses ● Continued specialism in Emerging Markets reflected in its #1 ranking for the USD and CLP (Chilean Peso) ● Also secures #2 ranking for South African Rand (ZAR) with USD, and the Euro (EUR) crosses with the Russian Ruble (RUB), Romanian Leu (RON) and Japanese Yen (JPY
BlueHelix (BHEX) Launches HDEX, the First Exchange to Support Decentralized Cross-chain Trading
- 3 years 2 months ago
- Trading Systems, Cryptocurrencies
BlueHelix Group (BHEX) has launched HDEX, the world's first decentralized trading platform to support cross-chain deposit/withdrawals of any asset, on July 8, 15:00 (UTC+8). HDEX is the perfect landing for BlueHelix' decentralized financial layout and will empower the BHEX centralized trading platform, BHEX Cloud SaaS and whitelabel solutions, and BHEX Chain, the ecological sectors of BlueHelix Group.
Nukkleus Seeks UK EMI License to Expand Crypto-Powered Service Offerings
- 3 years 2 months ago
- Asset Management, Cryptocurrencies
Top-tier digital financial services firm Nukkleus, Inc. (OTCMKTS: NUKK) is announcing the submission of an application to the UK’s Financial Conduct Authority (FCA) for an Electronic Money Institution (license). The license, if granted, would enable Nukkleus to provide seamless crypto conversions of regulated fiat money transfers within traditional banking infrastructure. “NUKK’s Strategy Is a Simple One: to Invest in the Future of Digital... more
EasyEuro launches its digital wallet 'OuiTrust,' targeting European SMEs and Freelancers
- 3 years 2 months ago
- E-Wallets
EasyEuro announced today the launch of its digital Wallet, called OuiTrust. OuiTrust aims to serve millions of European SMEs, traders and freelancers bringing them new levels of payment efficiency to global trade. The EU is one of the world's largest trading block, and SMEs are the backbone of the trade-driven EU economy, accounting for 99.8% of numbers of enterprises.
Study: More Than Half of the World’s Population will use Mobile Wallets by 2025
Southeast Asia is the fastest growing region for mobile wallets in the world with 25.5% CAGR and overall growth of 311% in the next five years
Mastercard SpendingPulse: U.S. Retail Sales Grew 11.0%* Year-Over-Year in June
- 3 years 2 months ago
- Payments
Retail sales see double-digit growth above 10%* compared to June 2019
InTouch Has Announced a Strategic Partnership with CFAO Group
- 3 years 2 months ago
- Payments
InTouch, an African payment solutions and digital services aggregator founded in Senegal in 2014, announced today a strategic partnership with CFAO Group. The move comes as part of a capital increase through which CFAO will co-invest in Touch with Mobility54, a corporate venture capital fund created in partnership with Toyota Tsusho Corporation in 2019 to focus on Africa's mobility sector. Established InTouch investors TotalEnergies and... more