Barclaycard Payments Data Reveals Immediate Boost for Hospitality Sector, Thanks to Monday’s Lockdown Relaxation
- 20.05.2021 11:10 am
New data from Barclaycard Payments, which processes almost £1 in every £3 spent in the UK, reveals how Monday’s lockdown relaxation has impacted the UK hospitality sector. Hospitality venues are already feeling the benefits of being able to reopen indoors, with revenues rising across the sector by 43 per cent since Monday, as consumers flock to fill the increased capacity. The value of transactions processed at pubs and bars is up 162 per cent... more
As part of its Shop Owners Benefit Program, PayNearby, India’s leading branchless banking and digital payments network, has tied up with Centrum Microcredit Limited, the micro finance arm of the Centrum Group, to facilitate unsecured business loans to its retail partners. As part of the tie-up, loan requirements will be sourced through PayNearby’s vast network of retailers and will be disbursed by Centrum Microcredit Limited.
Gala Technology, the innovative development team behind the global, cloud-based, secure and PCI DSS compliant payment solution, SOTpay, are celebrating yet more industry accolades, as they scooped a double award win at the prestigious American, CNP 2021 awards.
NYMBUS®, a leading provider of banking technology solutions, today announced the appointment of Bill Hampel to its Industry Advisory Board, effective immediately.
- 19.05.2021 01:20 pm
Bitex Founder and CEO Monark Modi said:
As one of the most important innovations to come out of the cryptocurrency boom, blockchain technology completely changed the way companies across various industries operate, manage their assets, and make transactions. According to data gathered by AksjeBloggen.com, the global spending on blockchain solutions is expected to soar by 188% and hit $19bn by 2024. Cross-Border Payments and Lot Lineage Account for 27% of Blockchain Technology Market
Instant money transfers company, fintech Spoko.app, announced their partnership with Sumsub, an ID verification company with bank-grade security. Through this partnership, Spoko.app will fortify fraud protection and reduce user verification time down to one minute - all in efforts to support the 1,7 billion adults worldwide with no access to bank accounts.
- 19.05.2021 10:50 am
CEX.IO, a leading global cryptocurrency exchange, has selected financial technology leader FIS® (NYSE: FIS) to provide card management and processing services for a new line of crypto-based consumer cards across Europe.
Payment technology company Tribe Payments, today announced it has been selected by VIALET, an alternative financial solutions provider, to provide both issuer and acquirer processing services.
Deutsche Bank and Silverflow have announced a global partnership to support the bank’s payments strategy. The partnership will include two new payment services, which are expected to launch in Autumn 2021.
- 18.05.2021 05:30 pm
New research from strategy consulting firm Edgar, Dunn & Company specialized in payments and digital financial services, commissioned by Nuvei Corporation (TSX: NVEI and NVEI.U), highlights the importance for marketplaces to build a future-proof payment strategy to maximize the opportunity for growth. The report “The Evolving Needs of Today's Marketplace. Leveraging payment technology as a growth catalyst” also analyses best practices for... more
- 18.05.2021 05:00 pm
Arista Networks (NYSE:ANET) today announced SwitchApp for Arista 7130, a new ultra-low latency switch that cuts latency to less than a third of existing Arista solutions.
- 18.05.2021 04:50 pm
Payslip, an automation and integration technology platform for global payroll management, today announced a successful close of an additional $10M to its Series A financing round, bringing the company’s total financing to $14.5M. MiddleGame Ventures led the round, with Mouro Capital serving as co-lead and there was additional participation from Frontline Ventures, Tribal.vc, investors David Clarke, former CTO of Workday; Brian Williams- Co-... more