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Tag: PayTech


Invest tech, Trading

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

September 28, 2023

Via: Blockchain News

Paysafe Payment Solutions Limited (Paysafe) has unilaterally decided to cease processing EUR deposits for Binance users, effective September 25, 2023, at 00:00 (UTC). The abrupt move has left many in the crypto community puzzled, as no clear reason has been […]


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, […]


Banking Tech, Digital Lending and Credit

FinTech Futures Jobs: The top tech jobs on the rise for the future

September 8, 2023

Via: FinTech Futures

In its recent Big Ask survey, “a good job” was the top future priority among 69% of nine to 17 year olds. 37% of this age group said that not getting a good job was a worry, with girls and […]


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, […]


InsurTech, Invest tech

Fintech startup Ramp raises $300M at a 28% lower valuation of $5.8B

August 22, 2023

Via: TechCrunch

Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was […]


Invest tech, Trading

Why Crypto investors should care about Tokenomics: Crypto long & short

August 16, 2023

Via: Fintech News

One important consideration for any digital asset investor allocating money to alternative coins is tokenomics. For the uninitiated, tokenomics refers to the economic and financial aspects of a cryptocurrency or project’s ecosystem. It encompasses the design, creation, distribution and management […]


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. […]


Banking Tech, Mobile Banking

First-Party Fraud Growing Threat: Visa Reveals Over 9 in 10 Businesses Are Impacted

August 11, 2023

Via: The Fintech Times

First-party fraud can appear in a variety of different ways. In the financial sphere, it can look like someone applying for a loan, knowing they won’t pay it back or filing a false chargeback claim. However, it is not limited […]


Invest tech, Markets

Stablecoin market to grow to almost $3T in next 5 years

August 9, 2023

Via: Fintech News

The stablecoin market is expected to grow to $2.8 trillion of tokenized digital currency in the next five years from $125 billion today, broker Bernstein said in a research report Wednesday. Integration with consumer platforms will lead to a “growth […]


Invest tech, Markets

3 AI stocks billionaires are loading up on

August 7, 2023

Via: Fintech News

Many investors, including a significant number of very wealthy individuals and institutions, are becoming enthralled with AI stocks. According to Goldman Sachs (NYSE:GS), up to $200 billion could be poured into the technology by 2025. If Goldman’s estimate is anywhere […]


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 […]


InsurTech, Invest tech

InsurTech sector sees shift in investment focus as (re)insurers lead Q2 funding: Gallagher Re

August 3, 2023

Via: Reinsurance News

The global InsurTech sector witnessed a substantial decline in new funding during the second quarter of 2023, amounting to $916.71 million, marking a 34.0% drop from the impressive $1.39 billion recorded in the preceding quarter, according to the latest findings […]


Invest tech, Trading

SEC Required Coinbase to Trade Only Bitcoin, Exclude Ethereum and All Other Cryptos, Reports FT

July 31, 2023

Via: Blockchain News

On July 31, a report by the Financial Times reported that the U.S. Securities and Exchange Commission (SEC) had requested Coinbase to cease all cryptocurrency trading, including Ethereum, with Bitcoin being the only exception, before taking legal action against the […]


Invest tech, Trading

US Senate approves national defense bill that also targets crypto mixers

July 28, 2023

Via: Cointelegraph

The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on July 27. The bill includes a provision targeting crypto mixers, anonymity-enhancing coins and institutions engaging in crypto trading. The NDAA is a bill that […]


Banking Tech, Digital Lending and Credit

Upgrade acquires travel-focused BNPL startup Uplift for a song

July 27, 2023

Via: TechCrunch

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift […]


Banking Tech, Mobile Banking

Access PaySuite: Curbing Cart Abandonment with Seamless Payment Systems

July 27, 2023

Via: The Fintech Times

The turbulent economic climate spawned by ongoing global events has certainly kept online retailers on their toes in recent years. From Covid-19 to the cost of living crisis, household budgets have fluctuated and discretionary spending has been particularly vulnerable to […]


Blockchain, Crypto

What Marketers Need To Know About Metaverse, Web 3.0 And NFTs

July 25, 2023

Via: Fintech News

If you’ve heard of Web 3.0, you might be wondering what it is and why we need it. You may have also heard about Metaverse and want to know more about this innovative project in the blockchain space. In this […]


Invest tech, Trading

Washington’s latest crypto policy push: What the industry says about new bills

July 24, 2023

Via: Fintech News

Two new crypto bills debuted in the US House of Representatives and Senate this week. Now, the industry is weighing the potential impact while lobbyists speculate over whether the proposed laws will make it out of committee. It was a […]


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 […]