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Tag: PayTech


Blockchain, Crypto

Crypto market cap reclaims $1T, and derivatives point to further upside

March 17, 2023

Via: Cointelegraph

The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin BTC tickers down $27,370 was the biggest winner among the top 20 coins, up 31.5%, though some altcoins gained 50% or more […]


Banking Tech, Mobile Banking

How are Swift and Morgan Stanley Using OpenAI’s GPT-4 to Change the Future of Finance?

March 17, 2023

Via: The Fintech Times

Tuesday 14 March saw OpenAI begin the release of the newest iteration of its artificial intelligence (AI) model – GPT-4. The new model is “multinodal”, accepting images as prompts to generate content alongside text input which its predecessor, GPT-3, was […]


Blockchain, Crypto

Bitcoin slides below $24.5K as european banking woes spook investors

March 16, 2023

Via: Fintech News

Bitcoin slid below $24,500 as investors weighed a potential European banking meltdown triggered by concerns about often-embattled Credit Suisse. The largest cryptocurrency by market capitalization dropped to $23,946 at one point before regaining ground to recently trade at $24,502, roughly […]


Banking Tech, LendTech

Consumer finance firm JIVF taps OpenWay for credit products platform

March 16, 2023

Via: FinTech Futures

OpenWay describes its Way4 offering as an end-to-end solution comprising an online core, account and events management, dynamic pricing, automated workflows, card issuing and wallet management, merchant management, omni-channel, authorisation and settlement, and APIs. The migration to the new platform […]


Blockchain, Crypto

Bitcoin, Ethereum Technical Analysis: BTC Moves Briefly Back Above $25,000

March 16, 2023

Via: Bitcoin.com

Bitcoin (BTC) rose back above the $25,000 level in today’s session, as market volatility eased, as the Swiss National Bank moved to prevent a collapse of Credit Suisse. Following a low of $23,964.91 on Wednesday, BTC/USD rallied to an intraday […]


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 […]


Invest tech, Markets

Budget 2023: Industry Reacts to Government Plans for SMEs, Tech and AI

March 15, 2023

Via: The Fintech Times

Annual tax-free pension allowances raised, tax cuts on draught pints, frozen fuel duty, utilising ‘environmentally sustainable’ nuclear power to reduce energy costs and avoiding a 2023 recession all featured in the Chancellor of the Exchequer’s budget. While much of the […]


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 […]


Blockchain, Crypto

Bitcoin’s 2023 price action driven by the desire to regain losses, according to professional trader

March 14, 2023

Via: Cointelegraph

Episode 7 of Cointelegraph’s Crypto Trading Secrets podcast is now live. This week’s episode features an interview with crypto trader Zoran Kole, who goes by @Captain_Kole1 on Twitter. Kole shared his opinions in response to a number of questions asked […]


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 […]


Invest tech, Trading

US banks experience volatility and trading halts amid bank failures and presidential assurances

March 13, 2023

Via: Investing.com

Banks saw their share prices take a rollercoaster ride over the weekend and into March 13. Trading was temporarily halted for dozens of United States regional banks amid volatility and falling prices. The Wall Street Journal reported early in the […]


Blockchain, Crypto

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

March 13, 2023

Via: Bitcoin.com

Binance CEO Changpeng Zhao (CZ) announced on Monday that the company had converted $1 billion BUSD into bitcoin (BTC), BNB, and ethereum (ETH). “Given changes in stablecoins and banks, Binance will convert the remaining $1 billion from the Industry Recovery […]


Blockchain, Crypto

Bitcoin, Ethereum Technical Analysis: BTC Back Above $22,000 as Silicon Valley Bank Depositors Are Rescued

March 13, 2023

Via: Bitcoin.com

Bitcoin (BTC) rose back above $22,000 on Monday, as the U.S. Treasury confirmed it will backstop depositors’ funds. This will be for both Silicon Valley Bank and Signature Bank, which become the second and third biggest banking failures in U.S. […]


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 […]


Banking Tech, LendTech

Lendtech Lenvi Launches as Equiniti Three Become One

March 8, 2023

Via: The Fintech Times

Lenvi is a new consumer and commercial lending platform, supporting loan and risk management software, mortgage and loan servicing, standby and know-your-customer (KYC) servicing. As part of the London-based financial services company Equiniti, the newly-founded company combines its EQ Credit […]


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 […]


Paytech, Retail

7 investors reveal what’s hot in fintech in Q1 2023

March 7, 2023

Via: TechCrunch

The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears that even though VCs are proceeding more cautiously than before and taking their time […]