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Category: Paytech


Mobile payments, Paytech

PayTech Awards USA 2023 winners announced

September 27, 2023

Via: FinTech Futures

This year, in a departure from traditional ceremonies, we chose to announce the winners exclusively through our dedicated awards website, making it a unique and accessible experience for all. The awards celebrate companies and individuals who have demonstrated exceptional innovation, […]


Mobile payments, Paytech

Revolut Business Tackles Business Payment Facilitation Struggles with RevTag

September 19, 2023

Via: The Fintech Times

The complications that arise when needing to enter IBANs or other beneficiary details are all removed with RevTag. In lieu of them, individuals or businesses only need to enter the RevTag of the recipient in the Revolut Business app. Over […]


Paytech, Wholesale

Deutsche Bank reportedly makes contact with digital investment fintech Scalable Capital

September 1, 2023

Via: FinTech Futures

Scalable Capital was founded in 2014 and offers neo-advisory, wealth and asset management services from its bases in Munich, Berlin and London. Handelsblatt says that according to sources, the bank is assessing whether the platform could prove beneficial to its […]


Paytech, Retail

German payments start-up Ivy secures $20m in Series A funding round

August 31, 2023

Via: FinTech Futures

Existing investors Creandum, 10x Founders and Angel Invest also took part in the round, alongside a number of angel investors. According to TechCrunch, the Series A took place at a valuation of around $80 million to $90 million, and follows […]


Paytech, Wholesale

Banking Circle Establishes BC Payments to Support Fintechs, Payment Providers and Banks in Australia

August 30, 2023

Via: The Fintech Times

BC Payments plans to help local fintechs overcome barriers to non-domestic growth. At the centre of these barriers is the current de-risking in the B2B payments space by local incumbents. High-growth, compliant fintechs have often been caught in the crossfire, […]


Paytech, Retail

Consumer spending rose 4% in July: Fiserv

August 16, 2023

Via: Payments Dive

Fiserv’s findings align somewhat with the U.S. Department of Commerce’s analysis released Tuesday. Excluding food, auto and fuel purchases, overall retail sales rose 5% in July year-over-year. The federal department also reported an 8% decline in furniture and home-related purchases. […]


Mobile payments, Paytech

Payoneer acquires AI-powered data platform Spott to streamline decision-making

August 4, 2023

Via: FinTech Futures

Founded in 2020 and based in Tel Aviv, Spott leverages artificial intelligence (AI) and machine learning (ML) to sift through large datasets and provide quantifiable results to help businesses make more informed and faster decisions. Payoneer says the start-up’s capabilities […]


Paytech, Retail

US law protects institutions and exposes retail investors — Rep. Torres

July 20, 2023

Via: Investing.com

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that […]


Mobile payments, Paytech

Wallet Factory offers digital wallet engine to IMS Ventures

July 17, 2023

Via: ThePaypers

Wallet Factory has partnered with IMS Ventures to offer its digital wallet engine and API-based tools for businesses in South African emerging markets. The digital wallet service was developed in order to ensure efficiency and security for FairPay, a transportation […]


Paytech, Retail

Southwest Airlines taps MOST for inflight retail

July 12, 2023

Via: ThePaypers

The partnership seeks to provide new flexibility for onboard sales and to boost the inflight retail experience for Southwest Airlines’ customers. According to the official press release, most.Onthego aims to combine product management, payment hardware solutions, and payment processing capabilities […]


Paytech, Retail

BIS study shows positive outlook on retail CBDC issuance

July 10, 2023

Via: ThePaypers

For this survey, the Bank of International Settlements (BIS) surveyed 86 central banks. According to the findings, 93% of them are currently working on their own CBDCs, with major jurisdictions such as India, the UK and the European Union all […]


Mobile payments, Paytech

Fintech data integration challenges and effective strategies

July 3, 2023

Via: FinTech Futures

The sheer volume of data that continues to grow exponentially, coupled with the demand for real-time insights and the diversity of data sources, present formidable obstacles in integrating and utilising data resources. In this article, I will explore the complexities […]


Mobile payments, Paytech

Capital Union Bank taps Avaloq for new online banking platform

June 29, 2023

Via: FinTech Futures

Capital Union Bank provides execution, custody and lending services to institutional investors, financial intermediaries and ultra-high-net-worth individuals across the world. The bank has now launched a new online banking platform leveraging Avaloq’s Web Banking tech, offering what it calls an […]


Mobile payments, Paytech

Checkout.com Builds on Payments Solution with Intelligent Acceptance Launch

June 27, 2023

Via: The Fintech Times

Intelligent Acceptance is an AI-powered optimisation engine. It is trained on billions of transactional data points from Checkout.com’s global network. This is in addition to insights from the business’ domain expertise after a decade at the forefront of the digital […]


Paytech, Retail

AI and Big Data analytics in retail industry

June 26, 2023

Via: Fintech News

Leveraging the latest technology has become more critical than ever in today’s fast-paced and competitive retail environment. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize […]


Paytech, Retail

Personalized financial advice: key to retail bank customer engagement in tough economic environment

June 23, 2023

Via: Fintech News

U.S. retail bank customers have been through the ringer during the past few years. Inflation, market volatility and rising interest rates have contributed to increased prices for goods and services, leaving 69% of customers classified as financially unhealthy.1 According to […]


Mobile payments, Paytech

ACI Worldwide launches Instant Pay solution for European merchants

June 21, 2023

Via: FinTech Futures

Through a single API integration with the ACI payments orchestration platform, merchants using Instant Pay will be able to accept instant online, mobile and in-store payments. ACI says payments will reach merchants’ accounts instantly with no settlement delays or chargebacks […]


Mobile payments, Paytech

Payment rails in the Metaverse: new opportunities for financial institutions

June 16, 2023

Via: Fintech News

Developing payment railroads for the metaverse will be qualitatively different from the card payment and ACH transfer offerings that banks and payment startups developed to support ecommerce. Succeeding in this space requires a strong understanding of what makes metaverse transactions, […]


Mobile payments, Paytech

ePayment system market to surpass US$ 456.6 bn by 2031 due to increasing focused on providing flexible, simpler, and easy to use solutions for the consumers

June 14, 2023

Via: Fintech News

The global ePayment system market is anticipated to witness opulent growth opportunities over the forecast period by registering growth at a CAGR of around 17.7% from 2021 to 2031. The global market totaled revenue of US$ 77.8 Bn in 2020 […]


Mobile payments, Paytech

Lanistar adds crypto capabilities to its mobile app

June 7, 2023

Via: ThePaypers

UK-based fintech Lanistar has updated its mobile payments app to allow users to buy and sell various cryptocurrencies such as Bitcoin and Ethereum. The new functionality allows Lanistar users to purchase and sell cryptocurrency directly on the Lanistar app. According […]