May 31, 2024 @ 9:18 am By Omar Faridi  |  

Breaking new ground in Europe, the Mastercard (NYSE: MA) hub will contribute to further “securing the commerce and payment ecosystem in the region.” Mastercard recently confirmed the opening of its European Cyber Resilience Centre (ECRC) at its European Headquarters reaffirming “the company’s commitment to combatting… Read More

 Tagged cybercrime, digital commerce, europe, fraud prevention, mastercard

May 30, 2024 @ 11:42 am By Omar Faridi  |  

The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) has published its work program for 2024-25, highlighting its strategic priorities for policy, standard-setting, implementation and analytical activities. The program’s key themes are: Risk management of financial market infrastructures (FMIs). FMIs’ practices for… Read More

 Tagged bank for international settlements, bis, infrastructure, payments

May 30, 2024 @ 9:47 am By JD Alois  |  

Doconomy is reporting a €34 million Series B funding round led by S&P Global, UBS Next, and CommerzVentures. S&P is a new investor, and other existing investors who participated in the funding round include Motive Ventures, PostFinance, and Tenity. Doconomy is an “impact Fintech” that… Read More

 Tagged doconomy, sustainability

May 30, 2024 @ 8:39 am By Omar Faridi  |  

P2PMarketData and EUROCROWD are pleased to announce a strategic partnership to strengthen services and benefits for our members, particularly crowdfunding platforms operating within the sector. The collaboration reportedly marks “a significant milestone in the crowdfunding ecosystem, as it brings together two prominent entities dedicated to… Read More

 Tagged eurocrowd, europe, p2pmarketdata

May 30, 2024 @ 8:37 am By Omar Faridi  |  

Global Fintech firms Nexi, Stripe, Adyen have introduced Apple‘s (NASDAQ:AAPL) Tap to Pay service in Italy Payments Fintechs Nexi, Stripe and Adyen have begun providing firms in Italy a way to take payments from clients that relies on Apple’s iPhones. Apple’s Tap to Pay service… Read More

 Tagged adyen, iphone, italy, nexi, stripe, tap to pay

May 30, 2024 @ 8:36 am By Omar Faridi  |  

The board of directors of Robinhood Markets, Inc. (NASDAQ: HOOD) has authorized a $1 billion share repurchase program, “demonstrating management and the board’s confidence in Robinhood’s financial strength and future growth prospects.” Jason Warnick, Chief Financial Officer of Robinhood, said: “As our business and cash… Read More

 Tagged robinhood, share buyback

May 30, 2024 @ 8:33 am By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside of Asia, announces the launch of its cryptocurrency transfer functionality. Now, customers can send and receive crypto assets “directly from their wallets.” The solution, which is being gradually rolled out,… Read More

 Tagged brazil, Crypto Adoption, digital banking, nubank

May 30, 2024 @ 8:31 am By Omar Faridi  |  

FlightHub, the Canadian online travel agency and subsidiary of the travel innovation company Momentum Ventures, announced a partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, “to bring transparent and flexible payment options to eligible Canadian travelers.” At… Read More

 Tagged affirm, canada, flightHub, payments

May 30, 2024 @ 8:26 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal’s stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users “with the choice of multiple blockchains allowing for increased flexibility and control.”… Read More

 Tagged paxos, paypal usd, solana, stablecoins

May 30, 2024 @ 8:25 am By Omar Faridi  |  

Salt Bank, a new digital bank in Romania’s financial landscape, has launched less than one year after the project was kicked off. Salt Bank is the first neobank using Engine by Starling’s core banking system “outside of the vendor’s parent company, Starling Bank.” It was… Read More

 Tagged digital banking, gft, romania, salt bank, starling bank