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Category: Paytech


Paytech, Wholesale

BNP Paribas and NatWest Go Live with CobaltFX’s ‘Dynamic Credit’ for FX Credit Management

June 5, 2023

Via: The Fintech Times

The implementation of CobaltFX’s ‘Dynamic Credit’ solution marks a step forward in enhancing market access and control while optimising credit disbursement. CobaltFX, part of United Fintech, has been a longstanding partner of BNP Paribas and NatWest. This latest collaboration aims […]


Mobile payments, Paytech

FinTech Futures Jobs: Three ways generative AI is being used in financial services

June 2, 2023

Via: FinTech Futures

After launching in November 2022, ChatGPT had gained 100 million users by January of this year, making it the fastest growing and most speedily adopted app yet—it took Instagram more than two years to reach the same kind of numbers, […]


Paytech, Retail

UPI transactions to account for 90% of retail payments by 2026-2027

June 1, 2023

Via: ThePaypers

PwC India has released a report which highlights that UPI is projected to dominate retail digital payments in India, accounting for 90% of transactions until 2027. Unified Payments Interface (UPI) transactions are expected to continue growing steadily, reaching a milestone […]


Mobile payments, Paytech

Irish payments start-up NomuPay lands $53.6m in funding

May 31, 2023

Via: FinTech Futures

Founded in 2021 following the acquisition of assets from Wirecard, including its licences in Turkey and Asia Pacific, NomuPay operates a unified payments platform that enables cross-border payment acceptance and payout disbursements through a single API. The company says it […]


Mobile payments, Paytech

Moment Launches to Accelerate Digital Payments Adoption and Financial Inclusion in Africa

May 30, 2023

Via: The Fintech Times

Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable in any manner that their buyers or suppliers prefer. Moment will also offer additional options for consumers to spend […]


Mobile payments, Paytech

Consumers, businesses gravitate to faster, mobile payments

May 26, 2023

Via: Payments Dive

The research results gave the Fed an opportunity to plug the arrival of its new FedNow faster payments system, which is expected to launch services publicly in July. That real-time payments system from the central bank has been in development […]


Paytech, Retail

7 central banks and BIS continue examination of ongoing policy issues for retail CBDC

May 25, 2023

Via: Investing.com

The Bank for International Settlements (BIS) and a group of central banks have published a paper detailing their “ongoing policy perspectives” on a retail central bank digital currency (rCBDC). The new publication is the fifth from the same authors. The […]


Paytech, Retail

Retail giant Walmart sues Capital One over credit card failures

April 28, 2023

Via: FinTech Futures

In a lawsuit filed in the US District Court for the Southern District of New York, Walmart alleges Capital One failed to meet several contractual obligations and customer service standards. The retail giant alleges Capital One did not meet customer […]


Mobile payments, Paytech

Draft bill suggests separating legislation on payment stablecoins and digital asset markets

April 24, 2023

Via: Cointelegraph

Republican lawmakers with the United States House Financial Services Committee have released a draft of a bill focused on payment stablecoins rather than overseeing other aspects of digital asset markets. A senior Republican committee staffer involved in drafting the legislation […]


Mobile payments, Paytech

US Century Bank selects Pidgin for real-time payments

April 18, 2023

Via: FinTech Futures

Pidgin says its platform eliminates the need to use a holding account from a third-party provider or virtual wallet, allowing payments to be “routed directly” from one financial institution to another, thereby ensuring a “more secure” transaction. The partnership will […]


Mobile payments, Paytech

Amazon paytech added to Whole Foods stores

April 11, 2023

Via: Payments Dive

Amazon’s frictionless checkout technology is now available in more Whole Foods locations in Colorado’s capital city. The stores, located throughout the Denver area, including the communities of Belmar, Cherry Creek, Colfax, Colorado Boulevard, Governor’s Ranch, Highlands Ranch, Ideal Market Denver, […]


Paytech, Wholesale

MEA Payment and E-commerce Trends Revealed in FYST Report

April 6, 2023

Via: The Fintech Times

FYST’s exclusive proprietary data, gathered across 10 countries (Turkey, Israel, Qatar, Kuwait, United Arab Emirates, Pakistan, South Africa, Nigeria, Cameroon, and Kenya) shines a light on the proportion of cards, bank transfers, digital wallets and other methods used for online […]


Paytech, Wholesale

EPI aligns with EC to broaden instant payments support

March 29, 2023

Via: ThePaypers

EPI Company has expressed its support for the European Commission’s proposed legislation on instant payments, which aligns with the Commission’s Retail Payments Strategy. The proposed regulation would make instant payments available to all European citizens, including individuals and businesses/merchants, on […]


Blockchain, Crypto, Mobile payments, Paytech

Bitcoin vs. PayPal: Which is the better payment option?

March 28, 2023

Via: Fintech News

In the online casino industry, online casinos accepting PayPal became the most sought-after, with popularity fueled by the UK Gambling Commission’s announcement to ban the use of credit cards to gamble in Great Britain. Currently, Bitcoin and PayPal are two […]


Mobile payments, Paytech

Ingenico acquires Phos and extends merchant payment acceptance

March 28, 2023

Via: ThePaypers

Paytech Ingenico has announced the acquisition of software-based POS solutions provider Phos, extending its offering for merchant payment acceptance via smartphone. As per the information detailed in the press release, the strategic purchase of Phos marks an additional step in […]


Paytech, Wholesale

US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’

March 22, 2023

Via: Bitcoin.com

The U.S. central bank is preparing to launch the Fednow payment service, and the Fed explains in a recently published blog post that there have been many interested candidates that want to utilize the service. The Fed details that entities […]


Mobile payments, Paytech

Take the wheel: the future of payments in driverless cars

March 15, 2023

Via: FinTech Futures

It’s not until 2030 at least that mass adoption of driverless cars is widely expected. Despite the long wait, once the market matures, it is set to be massive. According to Renub Research, the US autonomous vehicles market will be […]


Paytech, Retail

Bloomberg to acquire fintech solutions provider Broadway

March 14, 2023

Via: FinTech Futures

The firm says there is a “commensurate need” for solutions that cater to a range of client workflows and trading, including across fixed-income asset classes, as electronic trading volumes in rates and credit markets grow. The acquisition will enable Bloomberg […]


Paytech, Wholesale

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

March 14, 2023

Via: Bitcoin.com

In February, inflation was consistent with expectations, with the consumer price index (CPI) increasing by 0.4% last month, equating to a 6% annual pace, according to the latest report from the U.S. Bureau of Labor Statistics. “Over the last 12 […]


Paytech, Wholesale

Mastercard, Infinios launch wholesale travel programme

March 14, 2023

Via: ThePaypers

Bahrain-based fintech Infinios has teamed with Mastercard to expedite the digitisation of B2B travel payments between buyers and suppliers with the launch of a wholesale programme. Following this collaboration, the introduction of the Mastercard Wholesale Program within the region is […]