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Category: Retail


Paytech, Retail

Revio raises USD 1.1 mln in seed funding

November 28, 2022

Via: ThePaypers

South-Africa based API payment and collections company Revio has raised USD 1.1 million in a seed round led by SpeedInvest to reduce payments failure in emerging markets. The round was joined by participating investors of the likes of RaliCap Ventures, […]


Paytech, Retail

Ripple Expands Payment Solution to Corporate Customers Worldwide

November 17, 2022

Via: The Fintech Times

The crypto firm is looking to make cross-border payments faster, cheaper and more transparent. It explained that in its current state, cross-border payments are slow and unreliable; charging expensive fees. The average fee for consumers to send money across borders […]


Paytech, Retail

SME financial services provider Finom buys cross-border paytech Kapaga

November 9, 2022

Via: FinTech Futures

The merger will allow Finom to unify separate paytech services for freelancers, mid-sized firms and corporate clients across the UK and Europe and boost its expansion plans. Finom co-founder Kos Stiskin says: “Entrepreneurs and freelancers are the backbone of the […]


Paytech, Retail

French paytech start-up Fintecture lands €26m Series A funding

November 8, 2022

Via: FinTech Futures

Participating in the round were new investors Eurazeo, RTP Global, HEC Ventures and Allianz Trade, as well as existing investors Target Global, Samaipata and Societe Generale, with angel investors also taking part. The new funding brings Fintecture’s total capital raised […]


Paytech, Retail

How financial services can benefit from cloud computing

November 1, 2022

Via: Fintech News

In the days of cryptocurrency and Apple Pay, many people are more and more comfortable with the intersection of currency and the digital world. Financial institutions are in this transition period, too. It can be nerve-wracking to think about changing […]


Invest tech, Paytech, RegTech, Retail

Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency

October 31, 2022

Via: Bitcoin.com

Thailand’s Central Bank Wants to Better Understand Risks of Central Bank Digital Currency The Bank of Thailand (BOT) intends to take more time to complete the development of its retail central bank digital currency (CBDC). The monetary policy regulator aims […]


Paytech, Retail

Is payroll technology the future of fintech?

October 31, 2022

Via: FinTech Futures

Businesses that dug into their customer experience for higher profitability now need to dig into their employee experience for many of the same reasons. Enter fintech — where the consumer is the employee — offering organisations an easy way to […]


Paytech, Retail

Digital Transformation a Necessity for Banks to Regain Consumer Trust Finds GFT

October 28, 2022

Via: The Fintech Times

Forty-eight per cent of people do not want to rely on their bank for help during a recession. The digital transformation firm’s newly launched ‘Banking Disruption Index‘ for the UK. This first edition of the index is to become a […]


Paytech, Retail

US challenger Zenus picks Finxact to power its “global banking platform”

October 27, 2022

Via: FinTech Futures

Finxact will join Microsoft and HSO, a business network and cloud consultancy, in delivering the platform that will support Zenus’ retail, corporate and partnership banking operations. Finxact’s core banking system, which leverages open APIs, will enable Zenus to “invent, curate […]


Mobile payments, Paytech, Retail

Amazon customers enabled to make payments through Venmo

October 26, 2022

Via: ThePaypers

Global retailer Amazon has announced that its customers will be enabled to make payments through mobile payments service Venmo on the former’s platform. The company stated that in its initial stage, the option will be available to select customers, and […]


Paytech, Retail

Africa’s Cellulant partners Mastercard for online e-commerce payments

October 26, 2022

Via: FinTech Futures

The move will allow customers to make global online payments with a Mastercard virtual card linked to Cellulant’s digital wallet offering Tingg. Tingg is a single API payments platform that enables businesses to collect online and offline payments while allowing […]


Paytech, Retail, Wholesale

Hong Kong Presents Digital Currency Prototype, Project Aurum

October 24, 2022

Via: Bitcoin.com

Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority (HKMA), and the Hong Kong Applied Science and Technology Research Institute has […]


Paytech, Retail

While Everyone Is Trying to Build a Super App Blockbank Has Done It

October 20, 2022

Via: Bitcoin.com

“Creating a neobanking super-app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Throughout this past year, we have listened to our growing user base, acquired global licenses, and built one of the most technologically advanced […]


Paytech, Retail

MFS Africa implements ThetaRay’s solution to detect financial crimes

October 13, 2022

Via: FinTech Futures

ThetaRay will provide MFS Africa its Software-as-a-Service (SaaS) solution, Sonar, which includes an artificial intelligence (AI) led anti-money laundering (AML) transaction monitoring and sanctions list screening. It says the solution helps to “effectively identify truly suspicious cases” with a 95% […]


Paytech, Retail

Ntropy raises cash to normalize and classify transaction data

October 12, 2022

Via: TechCrunch

Ntropy, a company offering an API that enriches transaction data for financial services businesses, today announced that it raised $11 million in a Series A round led by Lakestar with participation from QED Investors and January Investors. CEO Nare Vardanyan […]


Paytech, Retail

SurePay selected by Railsr as confirmation of payee vendor

October 11, 2022

Via: FinTech Futures

Embedded finance solutions provider Railsr has selected SurePay as its UK Faster Payments (UKFP) confirmation of payee (CoP) vendor. The authorised push payment (APP) fraud is sharply on the rise in the UK, according to UK Finance – from £420.7 […]


Paytech, Retail

How financial services are following in the footsteps of Amazon with digital identity

September 26, 2022

Via: FinTech Futures

Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google. Traditionally, conventional banks and financial institutions have encouraged […]


Paytech, Retail

Brightflow AI aims to spotlight small business cash flow

September 21, 2022

Via: TechCrunch

Cash flow can make or break a small business; in fact, issues in this area account for 82% of small business failures, according to U.S. Bank data. Brightflow AI is injecting technology into this problem with its forecast and analysis […]


Paytech, Retail

Eurocoinpay Partners With Mastercard to Launch One of the First Cryptocurrency Based Cards in Spain

September 20, 2022

Via: Bitcoin.com

Eurocoinpay Aims to Introduce Crypto Payments in Spain Eurocoinpay, a cryptocurrency exchange based in Spain, and registered with the Bank of Spain, has partnered with Mastercard to become one of the first companies in the country to offer its own […]


Paytech, Retail

Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay

September 16, 2022

Via: Bitcoin.com

Ukrainians to Shop Online From Varus Supermarket Using Crypto Binance, the largest cryptocurrency exchange by daily trading volume, and Ukraine’s supermarket chain Varus have announced a partnership that will allow Ukrainian shoppers to purchase food and other goods online with […]