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Tag: PayTech


Banking Tech, LendTech

Challenger bank Tonik acquires paytech firm TendoPay

December 7, 2022

Via: FinTech Futures

Through the acquisition, Tonik aims to augment its lending portfolio and integrate payroll-enabled financial services into its operations. Launched in 2019, TendoPay offers services including virtual cards, prepaid health insurance cards, 0% interest purchasing loans, emergency cash loans, a personal […]


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. […]


Banking Tech, Blockchain, Crypto, Mobile Banking

Coinmama Brings Account-to-Account Payments to Crypto Trading With TrueLayer Integration

December 1, 2022

Via: The Fintech Times

Coinmama is engaging with TrueLayer to achieve open banking account-to-account payments within its European exchange platform. The exchange has been at the forefront of the financial revolution ever since its 2013 inception when it allowed customers worldwide to buy bitcoin […]


Mobile payments, Paytech

DPO releases new DPO Pay Mobile payments app

November 30, 2022

Via: ThePaypers

Africa-based digital payments company DPO Group has launched DPO Pay Mobile to allow businesses to securely transact in multiple currencies across Africa. With several new features, DPO listened to merchant feedback to redesign and redevelop the payment app. DPO Pay […]


Paytech, Wholesale

Freedom Bank of Virginia partners Autobooks for new digital invoicing solution

November 29, 2022

Via: FinTech Futures

The suite of digital tools to support small businesses will be integrated into Freedom Bank’s online and mobile banking platforms. The community bank’s business clients will now be able to generate professional invoices and send them directly to their customers, […]


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, […]


Mobile payments, Paytech

NETS launches prepaid card

November 22, 2022

Via: ThePaypers

Singapore-based payment services group Network for Electronic Transfers (NETS) has launched the NETS Prepaid Card, a ‘smart’ stored-value card for retail and transit. When purchasing the NETS Prepaid Card, no minimum age, income requirement, annual subscription fees, or credit checks […]


Blockchain, Crypto

US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry

November 22, 2022

Via: Bitcoin.com

Three U.S. senators sent a letter to Fidelity Investments CEO Abigail Johnson Monday regarding the financial services firm’s bitcoin offerings in 401(k) retirement plans. The letter was signed by senators Elizabeth Warren (D-MA), Richard J. Durbin (D-IL), and Tina Smith […]


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 […]


Invest tech, RegTech

Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse

November 16, 2022

Via: Bitcoin.com

Turkish Financial Watchdog Sets Out to Dig Deeper Into FTX Case Turkey’s Financial Crimes Investigation Board (MASAK), a body subordinated to the Ministry of Finance in Ankara, has started an investigation into the insolvency of cryptocurrency exchange FTX, joining financial […]


Paytech, Wholesale

Fintech Talents 2022: Where are we with open finance?

November 15, 2022

Via: FinTech Futures

With approximately six million users of open banking and more than 230 regulated providers, the UK has been a leader in the segment, creating a blueprint for open banking. “We should sit down and take stock of how much we’ve […]


Banking Tech, Digital Lending and Credit

Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says

November 15, 2022

Via: Bitcoin.com

The metaverse and its future adoption continue to be a matter of active research by market forecasting companies. A report issued on Nov. 11 by Technavio, a market research firm, has determined that the market size of the metaverse initiatives […]


Banking Tech, PayTech

Ireland is emerging as a global hub for payments

November 15, 2022

Via: FinTech Futures

With banks subject to higher regulatory requirements, fintech and payments companies are at the forefront of technological innovation in financial services. As such, the fintech and payments sector has grown at an unprecedented rate and spawned companies in verticals of […]


Blockchain, Crypto

FTX collapse could mean ‘cascade’ of failures in crypto sector

November 14, 2022

Via: Fintech News

FTX, once the third largest crypto exchange by trading volume, collapsed over the past week as its native token, FTT, lost over 80 percent of its value. The firm has now filed for Chapter 11 bankruptcy protection, and its collapse […]


Mobile payments, Paytech

Checkout.com lands major paytech deal with Sainsbury’s

November 14, 2022

Via: FinTech Futures

The paytech says the first stage of its “long-term innovation partnership” is the roll-out of new till-free technology. It explains: “The new Checkout.com-enabled SmartShop functionality will allow customers to pay for their shopping without having to visit a till. Instead, […]


Blockchain, Crypto

Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges

November 14, 2022

Via: Bitcoin.com

A full week has passed since the start of the FTX fiasco, and it’s safe to say the event has shaken crypto investors a great deal. Metrics show that not only are exchanges dealing with some of the highest trade […]


Invest tech, Markets

Digital Dollar: All There is to Know With Industry Views From Anchorage Digital, Verto, and More

November 14, 2022

Via: The Fintech Times

Aarti Dhapte is a senior analyst at the analysis company Market Research Future. She explained the challenges to overcome to make success of the digital dollar. She said: “There may be drawbacks to a CBDC, notwithstanding the possibility that it […]


Mobile payments, Paytech

Sensepass integrates Sezzle’s Buy Now, Pay Later

November 11, 2022

Via: ThePaypers

Israel-based mobile payments platform Sensepass has started accepting Sezzle’s Buy Now, Pay Later payment method. Dubbed the ‘Wallet of Wallets’, Sensepass is one, centralised hub that accepts any digital payment the shopper chooses, from credit and debit cards, to platforms […]


Paytech, Wholesale

Vietnam’s Sacombank taps Temenos for digital banking platform

November 10, 2022

Via: FinTech Futures

Sacombank is one of Vietnam’s largest banks, with more than 15 million retail and business banking customers. The adoption of Temenos Infinity will allow it to deliver a unified and enhanced omnichannel experience for these increasingly digitally savvy customers. Sacombank […]


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 […]