Versapay and PYMNTS Publish Research Based on 400 CFOs’ Insights on Digital Transformation in Accounting and Finance Departments
In partnership with Versapay, a leading provider of cloud-based payments and accounts receivable automation solutions, PYMNTS.com has published new research examining the digital shift currently taking place within finance departments and the driving forces behind it.
A New Golden Era in Money: Revolutionary new banking platform with Money Designed to Protect and Benefit the Customer, not the Bank
- 3 years 3 months ago
- Payments, Cryptocurrencies, Banking
· Tally® is disrupting the monopoly of government-issued debt-based (fiat) currency in bank accounts. · World’s first to issue customer accounts with individual IBANs (International Bank Account Number) using non-fiat money. · Tally is a private sector designed ‘foreign currency’ anchored by physical gold and used globally with no transaction charges and no added foreign exchange (FX) margins anywhere in the world.
8.7 Million UK Adults are ‘Financially Stretched’ Following Year of Pandemic Money Worries
- 3 years 3 months ago
- Money Transfers, Financial
17% of UK adults are ‘financially stretched’ – with 10% expecting to see themselves in fall into the same situation in the next 12 months Signs that people have become ‘stretched’ include seeing their personal income decrease (21%), having to borrow in order to pay an essential bill (10%) or being unable to pay it at all (7%) 7.9 million people (15%)2 experienced periods with no disposable income in the last year
MFS Africa Brings Mobile Money Remittances to Sierra Leone with Afrimoney Partnership
- 3 years 3 months ago
- Money Transfers, Mobile Banking
Pan-African fintech partners with Afrimoney, Africell’s mobile money service, to provide users with smooth and affordable international transfers MFS Africa today announces that it has made its entry into Sierra Leone, partnering with Afrimoney, pan-African telecommunications leader Africell’s mobile money service, to enable mobile money users in the country to receive payments from abroad smoothly and affordably.
Global Cryptocurrency Transaction Volumes Rise 32% in Q2
- 3 years 3 months ago
- Transaction Banking, Cryptocurrencies
Q2 2021 Highlights • UK daily transaction volumes rise 30% q-o-q to £468m (from £325m in Q1) • Global daily transaction volumes increased by 32%, with Asia leading the way (44% increase in volumes) • Continued interest in Ethereum, with average daily traded volume up 53% q-o-q
Razorpay Acquires Lending Startup, TERA Finlabs; Strengthens Its B2B Credit Infrastructure
- 3 years 3 months ago
- Artificial Intelligence, Lending, Payments, SaaS, Risk Management
The country’s leading full stack financial solutions company, Razorpay, today announced its acquisition of TERA Finlabs, an AI-based risk tech SaaS Platform, for an undisclosed amount. TERA Finlabs is a Bengaluru-based startup that provides technology, risk and capital solutions to enable innovative embedded financing solutions for businesses.
Cornerstone FS plc Trading Update
- 3 years 3 months ago
- Trading Systems, Payments
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an update on trading for the six months ended 30 June 2021 ahead of announcing its unaudited interim results in September 2021. The Company was admitted to trading on AIM on 6 April 2021. Results
ECB's Digital Euro Project
- 3 years 3 months ago
- Payments
Andy Coyne, Co-Founder and Chief Product Officer at Cobalt, said:
RHCO Announces the Signing of Letter of Intent (LOI) for Acquiring Majority Shares of Ecoolex
- 3 years 3 months ago
- Payments
Readen Holding Corp. (OTC Pink: RHCO), a Venture Capital Corporation, today announced that they have signed a Letter of Intent (LOI) for acquiring majority shares of Ecoolex to have controlling interests. The acquisition will boost OkeApp to a flying start, as Ecoolex will instantly bring in existing merchants and partners, which include major network platforms, online travel agencies (OTAs) and financial institutions.
Mastercard Launches the Next Generation PayPort+ Real-time Payments Gateway
- 3 years 3 months ago
- Payments
** The new cloud native PayPort+ technology – powered by Vocalink and Form3 - offers enhanced performance, ease of integration, and seamless connection into the UK’s Faster Payments network ** Mastercard has launched its next generation real-time payments gateway service PayPort+, which provides flexible access into the UK’s real-time payments infrastructure for Financial Institutions and Payment Service Providers.
Developers Solve Ethereum's Slow Speeds and High Fees with Newly Funded Mobile App
- 3 years 3 months ago
- Digital Identity, Payments, Cryptocurrencies, FinTech StartUps
Numio, a cryptocurrency payments and identity management startup, has successfully closed a $1.25m seed funding round. HashKey Capital led the round and were joined by LD Capital, Youbi Capital, Caballeros Capital, DVC, ZMT Capital, as well as angel investors including Suji Yan of Mask Network, and Cecilia Li, ex-investment director of OK Group.
BigCommerce Expands into the Netherlands, France and Italy for Localised Ecommerce Experiences to Help Merchants Build, Run, and Grow a Better Online Business
- 3 years 3 months ago
- E-Commerce, Payments, SaaS
With 74% of European consumers planning to continue online shopping habits as lockdowns lift, BigCommerce will offer language, payment and content support to help local merchants compete in this increasingly digital-first economy
ICPS Partners with Zwipe to Bring Biometric Payment Cards in Africa and Asia
- 3 years 3 months ago
- Payments, Credit Cards
Biometric fintech company, Zwipe and ICPS, a leading international card payment processor and card personalization bureau, are partnering to bring Zwipe Pay ONE enabled biometric payment cards to banks across Africa and Asia. The COVID-19 pandemic has boosted the use of contactless technology and ultimately the need for consumers and businesses to make higher-value payments using contactless cards. However, the contactless limit increase for... more
Bitcoin Loses Ground After Short Relief Rally, as Speculation Mounts Over Central Bank Digital Currencies
- 3 years 3 months ago
- Cryptocurrencies
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown ‘’Bitcoin has lost ground again after a short relief rally, as inflation fears linger and prospective competition from central bank digital currencies comes into sharp focus. Bitcoin fell by 1.6% over 24 hours, dropping back below $32,000 dollars, with the fresh crypto sell-off also pushing down the price of Ethereum by 2%, Dogecoin by 3% and Cardano by 1.7%.
Mastercard Marks Year of Collective Action in Annual Sustainability Report
- 3 years 3 months ago
- Payments
Outlines progress towards an inclusive, sustainable future for people and the planet. Mastercard released its 2020 Corporate Sustainability report, highlighting how the company has responded to the challenges of the last year through innovation and trusted partnerships and is delivering on its mission to build a more inclusive, sustainable world with a digital economy that works for everyone, everywhere.
