Paysend Strikes Another Record in Active Users at the Close of 2020
- 3 years 3 months ago
- Payments
UK-based global FinTech payments group Paysend achieved another record on December 30th with over 35,000 active users doing some 45,000 transfers abroad in a single day.
FAB Signs Testing and Trialling Agreement with CLS for ‘CLSNet’
- 3 years 3 months ago
- Payments
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has signed a testing and trialing agreement with CLS for its confirmation, matching and netting service ‘CLSNet’.
Three Payment Trends for 2021: Platform War, Safety and Big Tech
- 3 years 3 months ago
- Payments
What will happen in payments in 2021? Sirpa Nordlund, SVP Industry Engagement at Nets, shares her views on three big trends to expect next year. 1. In 2021, we'll see the war of platforms continue.
Nearly 1 in 4 Small Business Owners Now Won’t Buy Presents for Loved Ones This Christmas
Nearly a quarter of business owners (23%) will not buy any Christmas gifts for their family and friends this year as the pandemic takes its toll on plans across the UK. Christmas and working hours
How to Purchase Bitcoin Quickly and Easily
- 3 years 3 months ago
- Bitcoins
2020 is the year of Bitcoin, as more and more cryptocurrency fans are looking for the best ways to get their hands on the most popular crypto. While there are over a thousand different options, it seems that Bitcoin is the golden currency that will shape the financial future of the world.
New Data Raises Concerns About Post-Christmas Payments as Consumers Raise Card Spending
- 3 years 3 months ago
- Payments
Global analytics software provider FICO released its analysis of UK card trends for November 2020, which reflects the mixed financial fortunes of UK consumers as well as highlighting the continuing debt waiting game. “Our new data shows that despite the introduction of the second national lockdown, credit card spend increased in November, as Christmas shopping got underway, boosted by Black Friday,” explained Stacey West, principal consultant... more
Italian Banking Association Launches an Experimental Digital Euro Project
- 3 years 3 months ago
- Payments
Banks and the Italian Banking Association, in cooperation with ABI Lab, the banking research and innovation centre of the Italian Banking Association (ABI), have started experimentation with the digital euro. The aim of the initiative is to proactively contribute to public debate and support banks operating in Italy as they prepare for the future.
Robocash Group Launches Buy Now, Pay Later in the Philippines
An international fintech holding Robocash Group has expanded the product line with the launch of its first Buy Now Pay Later service UnaPay in the Philippines.
PagoFX Launches Fast, Secure and Low-Cost International Money Transfer Service in Spain
- 3 years 3 months ago
- Money Transfers
PagoFX, the low-cost international money transfer service, is now available in Spain. As the service is open to Spanish residents no matter who they bank with, anyone will have access to PagoFX’s fast and secure international payments. PagoFX is a part of PagoNxt, a new autonomous business created by Banco Santander to bring together its most disruptive payments businesses to compete with global digital payments platforms.
FV Bank Receives Regulator Permission to Provide Digital Asset Custodial Services
- 3 years 3 months ago
- Cryptocurrencies
FV Bank, a global digital bank based in Puerto Rico, today announced that it has received permission from the Puerto Rico Office of the Commissioner of Financial Institutions (OCIF) to provide custody services for digital assets such as Bitcoin and Ethereum. FV Bank will begin offering custody services seamlessly integrated into its digital banking platform in early 2021.
Zumo Launches Smart Portfolio Feature to View and Manage Overall Crypto Assets
- 3 years 3 months ago
- Cryptocurrencies
Zumo, the digital wallet and payments platform, has launched Zumo Smartfolio, the latest of the app’s innovative features enabling users to view and manage their overall crypto assets and track the relative position of each of their exchanges in a simple and intuitive way.
Tyl by NatWest Teams Uo with Fintech Charity Pennies to Support UK Charities
- 3 years 3 months ago
- Payments
As part of a commitment to help businesses and communities thrive, Tyl by NatWest has partnered with Pennies, the UK's leading fintech charity working to protect and grow micro-donations. The partnership grants a proportion of profit to charities, meaning that Tyl customers can benefit causes offering support to UK communities by choosing to adopt Tyl as their payment partner.
Vacuumlabs to Partner with Global Processing Services (GPS)
- 3 years 4 months ago
- Payments
Vacuumlabs, a trusted global software development partner with a proven track record in successfully delivering full-stack fintech solutions, today announces its
Currencycloud Nears 500 Customers as Digital Payments Double since Lockdown
- 3 years 4 months ago
- Payments
Currencycloud, the leader in providing B2B embedded cross-border solutions, today announces payment volumes have doubled across its platform since the start of lockdown, indicating a wider global rush to digital payments accelerated by the pandemic. The Fintech has seen monthly transactions jump to over $3 billion today and has had a record year for signing new customers, growing its customer base by a third.
Huobi Futures Announces APP Service of Cross Margin Mode for Its USDT-Margined Swaps
- 3 years 4 months ago
- Blockchain, Cryptocurrencies
Huobi Futures today announced the App launch of cross margining of USDT-margined swaps on its digital asset derivative trading platform. With the new feature, any profitable positions in this mode can offset positions that are close to be liquidated. By allowing users to tailor their portfolios to the strategies they are partial to, Huobi is providing traders with greater convenience and helping them avoid unnecessary liquidation when their... more
