Tag: PayTech

September 28, 2023

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 […]

September 27, 2023

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, […]

September 8, 2023

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 […]

August 31, 2023

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 […]

August 30, 2023

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, […]

August 22, 2023

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 […]

August 16, 2023

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 […]

August 16, 2023

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. […]

August 11, 2023

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 […]

August 9, 2023

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 […]

August 7, 2023

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 […]

August 4, 2023

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 […]

August 3, 2023

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 […]

July 31, 2023

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 […]

July 28, 2023

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 […]

July 27, 2023

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 […]

July 27, 2023

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 […]

July 25, 2023

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 […]

July 24, 2023

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 […]

July 17, 2023

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 […]