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Tag: Mobile payments


Banking Tech, Mobile Banking

Is Southeast Europe fertile ground for digital banking challengers?

March 22, 2023

Via: FinTech Futures

As a region where cash is still king and with millions of underbanked customers, Southeast Europe appears to be fertile ground for new-age digital banks. A challenge or an opportunity? Last year, the European Savings and Retail Banking Group (ESBG) […]


Blockchain, Crypto

Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says

March 20, 2023

Via: Bitcoin.com

With major Russian banks disconnected from the main global interbank payment system, SWIFT, due to Moscow’s war on Ukraine, blockchain will help to solve the problem with payments, Sberbank’s First Deputy CEO Alexander Vedyakhin is convinced. “It is blockchain technology […]


Blockchain, Crypto

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

March 15, 2023

Via: Bitcoin.com

Crypto assets, specifically bitcoin (BTC), have increased in value this week following the collapse of three major U.S. banks. Over the past 24 hours, bitcoin (BTC) has dropped 6.5% against the U.S. dollar. However, weekly metrics indicate that BTC is […]


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, Retail

How Is the Metaverse Impacting the Relationship Between Fintechs and Customers? Industry Responds

March 8, 2023

Via: The Fintech Times

Personalisation has been the biggest challenge for fintechs over the past few years. Organisations that have failed to change their offerings to accommodate this demand have fallen by the wayside. As time continues, it does not appear that this is […]


Blockchain, Crypto

The future of payments: Crypto oised to play a major role

March 7, 2023

Via: Fintech News

Cryptocurrencies, according to reports, will be widely used as payment methods shortly. According to a recent survey conducted by Ripple and FPC, a payment organization, more than 50% of participants believe that the majority of merchants will begin accepting crypto-poised […]


Mobile payments, Paytech

Nationwide Building Society in retail payments tech revamp with Form3 and Accenture

March 7, 2023

Via: FinTech Futures

Nationwide – the world’s largest building society – is an investor in Form3, and also announced a cloud-based payments project with the paytech firm in mid-2021. Through a series of phases, which launched in 2022, Nationwide will migrate all types […]


Mobile payments, Paytech

Stripe unveils Tap to Pay for Android devices

February 23, 2023

Via: FinTech Futures

Stripe’s Tap to Pay for Android is now available in beta for businesses in the US, Canada, the UK, New Zealand, Australia and Singapore. It supports transactions made with mobile payments such as Google Pay, as well as Mastercard, Visa […]


Banking Tech, Digital Lending and Credit

Buy now, worry about it later: the future of BNPL

February 22, 2023

Via: FinTech Futures

BNPL offers a lifeline for some and flexibility for others, and there is an argument that it broadens financial inclusion. Research conducted by Divido in February 2023 suggests that almost three fifths of British consumers (58%) believe point-of-sale (POS) financing […]


Mobile payments, Paytech

Computop enables smartphones as cards terminals with its PhonePOS

February 14, 2023

Via: ThePaypers

Payment service provider Computop has enabled its retail customers to use their smartphones at the POS to accept contactless payments. With the new Computop PhonePOS solution, using a secure PIN entry will allow retailers to accept payments over GBP 50 […]


Mobile payments, Paytech

Thrive Capital believed to be leading new multibillion-dollar investment in Stripe

January 31, 2023

Via: TechCrunch

Thrive Capital has reportedly committed $1 billion in fresh capital to payments giant Stripe as part of a new investment in the works that would value the fintech company at between $55 billion and $60 billion. TechCrunch reported last week […]


Invest tech, Markets

Moving Fintech Forward: With Carta Worldwide, Ageras, Plaid and IDA Ireland

January 31, 2023

Via: The Fintech Times

The massive layoffs seen in recent months will likely continue into 2023 but out of the ashes of 2022, expect to see the second coming of fintech, says Richard Wray, chief operations officer, at paytech, Carta Worldwide. “Fintech has always […]


Mobile payments, Paytech

Indian government set to spend $320m to boost adoption of digital payments

January 19, 2023

Via: FinTech Futures

Banks will be financially incentivised to promote point-of-sale (POS) and e-commerce transactions using RuPay debit cards and the BHIM payments app through to the end of the financial year 2022-23, with ₹2,600 crore ($318.4 million) earmarked for the scheme. BHIM […]


Mobile payments, Paytech

German fintech ryd partners with Aral for mobile payments

January 17, 2023

Via: ThePaypers

Germany-based fintech company ryd, the operator of a B2C network for petrol station mobile payment has announced partnering with Aral to enable mobile payments at around 1800 Aral petrol stations. Aral customers can use it to pay for fuel nationwide […]


Mobile payments, Paytech

Swiss payment app Twint taps NetGuardians for fraud prevention boost

January 11, 2023

Via: FinTech Futures

The solution will leverage behavioural analytics, machine learning (ML) and artificial intelligence (AI) to detect anomalous payments on the app, monitoring transactions in real time and providing a risk score via profiling. Twint says it chose the financial fraud prevention […]


Mobile payments, Paytech

epay is first to integrate UnionPay QR code payments in Europe

December 12, 2022

Via: Fintech News

UnionPay, one of the world’s largest card payment networks, and epay, the full-service payment provider owned by Euronet Worldwide Inc. (NASDAQ: EEFT), have launched UnionPay’s innovative QR code payment service in Europe, the companies announced today. The agreement between UnionPay’s […]


Banking Tech, Digital Lending and Credit

PayPal CEO gives gloomy forecast

December 8, 2022

Via: Payments Dive

PayPal CEO Dan Schulman doesn’t expect the economic environment for e-commerce, a major driver of business for the digital payments company, to improve anytime soon. Reflecting on the see-saw nature of holiday e-commerce in recent years, he noted at an […]


Blockchain, Crypto

Italy Wants to Tax Crypto Gains at 26% From 2023

December 1, 2022

Via: Bitcoin.com

The authorities in Rome look poised to expand and tighten the regulations for disclosure and taxation of digital assets. The change is likely to come with Italy’s 2023 budget which is expected to target profits from crypto wealth and trading. […]


Blockchain, Crypto

Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse

December 1, 2022

Via: Bitcoin.com

Taihuttu detailed that before the decision to proactively move the funds from cex platforms to dex protocols, the family stored a fraction of funds on trading platforms like Bybit and Kraken. “If you never send your bitcoin to an exchange,” […]