Fintech Innovations are disrupting the payments industry
Digital banking innovation has revolutionised the banking and finance industry like never before. You can now interface with financial technology and Distributed Ledger Technology (DLT) to transform your payment technology. DLT is the backbone of fintech innovation as it provides an additional layer of security and aids in easier transactions, unlike traditional methods. DLT is […]
Samantha Saperstein, Managing Director, Head of Women on the Move, JPMorgan Chase, Announced as Featured Speaker at PayTechWomenLive, Presented by Wnet
KENT, Ohio – April 7, 2021 – Women’s Network in Electronic Transactions (Wnet) today announced the first PayTechWomenLive virtual event of 2021 – an interactive, 90 minute international event on May 25, 2021, at 11:30 a.m. ET/16:30 GMT. The live, online experience features global leader Samantha (Sam) Saperstein, Managing Director and Head of Women on the Move at JPMorgan […]
Contactless payments surge across Europe
In less than a year since contactless limits increased across Europe, Visa has hit a processing milestone of one billion additional PIN-free transactions. The growth of contactless has been a key trend during the pandemic, with touch-free payments seen by the public and merchants as a means of minimising the risk of Covid-19 transmission. Charlotte […]
Plaid valued at $13.4 billion in new funding round
Latest funding round values Plaid significantly above the $5.3 billion that Visa planned to pay in merger deal called off earlier this year. Financial technology company Plaid raised $425 million in a new funding round that values Plaid significantly above what Visa Inc. planned to pay for the company in a merger deal that was […]
Japanese BNPL firm Paidy raises $120m
Japanese buy now, pay later (BNPL) outfit Paidy has raised US$120 million in a Series D funding round. JS Capital Management, Soros Capital Management, Tybourne Capital Management, and Wellington Management joined the round. Paidy launched its post-pay credit account for ecommerce in 2014, helping Japanese consumers make online purchases without credit cards. Once registered, customers […]
DLocal bags $150 million in funding and recruits JPMorgan executive as COO
Latin American cross-border payments platform dLocal has bagged $150 million in funding and recruited JPMorgan’s global head of fintech as chief operating officer. Alkeon Capital led the round alongside BOND, D1 Capital Partners, and Tiger Global. It follows a $200 million round in September and puts a valuation on the Uruguayan-based ccompany of $5 billion. […]
New Partnership Allows Eidoo To Issue Crypto Debit Cards
Swiss DeFi platform Eidoo has partnered with a principal member of Visa Europe to issue a crypto debit card directly connected to the platform’s wallet, the Finance Magnates reported on 25 May. According to the report, the Eidoo Card’s approval by Visa comes as part of the company’s partnership with Contis, a principal member of […]
Lithuania, EU’s Fastest Growing Fintech Hub Sees ‘Evolutionary’ Shift Away From Banks
Lithuania, the European Union’s fastest-growing fintech hub, is seeing an “evolutionary” shift away from traditional banks with surging transactions for e-money and payment companies. The Baltic country, whose financial industry is dominated by Nordic lenders like SEB Bankas AB and Swedbank AB, joined the global push to shakeup traditional banking four years ago by offering simplified, fast licensing […]
BUNA continues to grow its diversified set of innovative solutions and announces plans to launch instant payments and trade finance
Abu Dhabi and London, March 30, 2021 – Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund, has announced that it has plans to launch instant payments, in addition to trade finance solutions, securities settlement and ATM/ POS processing service, at a later stage. This growing list of innovative solutions will […]
IXOPAY Partners with Vyne
Vienna/London, March 30, 2021: The industry leading payment orchestration platform, IXOPAY has partnered with Vyne, the go-to payment provider for Open Banking. The strategic partnership will see IXOPAY and Vyne provide clients with a payment solution that enables them to connect to the most relevant payment methods for the markets they sell in. Clients will […]
