Mastercard to Donate $10 Million to Address India’s Covid Crisis
Mastercard today announced a US$10 million (approximately 75 crore rupees) commitment to directly address critical Covid-related needs in India. Over the past few weeks, the country has seen a spike in both Covid diagnoses and deaths, with the healthcare system being stretched to its limits as more than 350,000 new cases are identified each day.
Finzly CEO Booshan Rengachari Named to U.S. Faster Payments Council’s Board Advisory Group
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced that the company’s CEO and founder, Booshan Rengachari, has been named a new member of the U.S. Faster Payments Council’s Board Advisory Group.
Contactless Payments to Double and Hit $1.6T Value by 2024
The COVID-19 has given contactless payments technology the boost it needed for widespread global adoption, as consumers worldwide started avoiding cash in fear of spreading the virus.
Mizrahi-Tehafot Bank Selects Finastra to Support Cross-border Payments
Finastra today announced that Mizrahi-Tehafot Bank, the third largest bank in Israel, has chosen its pre-packaged payments solution, Fusion Payments To Go. The solution, aimed at small and medium-sized banks looking to implement domestic and cross-border payment services, will enable the bank to offer its customers frictionless and immediate payments, with reduced, fixed implementation cost.
FSS Enhances Merchant Hub to Boost Business Efficiencies and Performance
- 3 years 6 months ago
- Management, Payments, Financial
FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payment processor, announced new enhancements to FSS Merchant Hub to maximize the value of the acquirer ecosystem for merchants through support for new transactional journeys and superior merchant service.
MVIS CryptoCompare Ethereum Benchmark Rate and MVIS CryptoCompare Bitcoin Benchmark Rate Licensed to 3iQ
- 3 years 6 months ago
- Bitcoins, Cryptocurrencies
MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the
Bhairav Trivedi, CEO of Crown Agents Bank comments on Central Bank Digital Currencies
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Crypto Wallet Zumo Announces Major New Hire
- 3 years 6 months ago
- Payments
Zumo is pleased to announce that Liam Birch has joined the team as Senior Product Owner. Liam joins the Zumo team at a time of massive growth in the crypto space. He will be instrumental in leveraging the brand’s continued success as it moves past 50,000 users and launches the Zumo Convertible debit card.
Yimba and Railsbank Partner to Enhance Digital Wallet Services
Yimba a FAST (Fintech As a Service Technology) company, and
MoonPay Partners with Sumsub to Bolster its KYC Processes
- 3 years 6 months ago
- Payments, Cryptocurrencies
MoonPay, the global payments solution for cryptocurrency, has partnered with Sumsub, an identity verification platform to provide its 250 customers better compliance processes. The partnership will see MoonPay utilise Sumsub’s industry-leading compliance solution to create a stronger and safer Know Your Customer (KYC) and Know Your Business (KYB) processes for its global clients.
Three Highest-Valued US Startups Now Worth $208 Billion Following Stripe’s $95 Billion Valuation
- 3 years 6 months ago
- Payments, FinTech StartUps
Three Highest-Valued US Startups Now Worth $208 Billion Following Stripe’s $95 Billion Valuation Following its most recent funding round, Stripe became the most valuable private company in Silicon Valley. According to the research data analyzed and published by ComprarAcciones.com, the digital payments giant raised $600 million at a $95 billion valuation.
First Investment Made in Leading Luxury Fashion Technology Firm AEON Executive Board and Management Team to be Paid in Cryptocurrency
- 3 years 6 months ago
- Investment, Cryptocurrencies
NFT Investments, a company specializing in the identification, acquisition, investment, and development of non-fungible tokens ("NFTs"), is pleased to announce it has made its maiden investment by acquiring a stake in AEON International, a leading developer of cutting-edge technology for the luxury fashion industry.
Groundbreaking Rules Published to Enable Rapid Resolution of Blockchain and Crypto Legal Disputes, as Worldwide Smart Contract Market Expected to Reach $345.4 Million by 2026
- 3 years 6 months ago
- Blockchain, Bitcoins, Cryptocurrencies
The UK Jurisdiction Taskforce of LawtechUK, chaired by Sir Geoffrey Vos, Master of the Rolls, has today published its Digital Dispute Resolution Rules designed to enable faster and more cost effective resolutions to legal disputes relating to novel digital technology such as crypto assets, smart contracts, and blockchain applications, and foster confidence amongst businesses in the adoption of these technologies.
MYPINPAD Set to Transform Mobile Devices Into Payment Terminals Following Australian Payments Network Certification
- 3 years 6 months ago
- Payments, Security, Authentication Technology
MYPINPAD, a global leader in secure personal authentication solutions has received certification from the Australian Payments Network (AusPayNet), the self-regulatory body for Australian payments. Australian payment regulations stipulate that all new card-acceptance technology must undergo an evaluation to assess the security, integrity and network operability and be approved by AusPayNet prior to market deployment.
HSBC Switches to Recycled Plastic Payment Cards
- 3 years 6 months ago
- Payments, Credit Cards
HSBC is announcing a new programme to introduce sustainable payment cards across all its global locations. By the end of 2026 it will eliminate single-use PVC plastic, in favour of recycled PVC plastic (rPVC). The programme - which includes HSBC’s debit, credit and commercial cards - is part of the bank’s strategy to reduce its carbon emissions and achieve net zero in its operations and supply chain by 2030 or sooner.
