Tagged: digital transactions

January 10, 2022 @ 12:03 am By Omar Faridi  |  

Airwallex notes that the world of e-commerce is “changing rapidly.” As consumers continue to drift away from the high street into the “outstretched arms” of digital commerce marketers, brands are “upping their game.” Airwallex writes in a report that we should no longer just show… Read More

January 8, 2022 @ 8:27 pm By Omar Faridi  |  

The team at UK Fintech Modulr has done some research in order to find out what “makes paying passengers leave, and what makes them come back.” As noted in a blog post by Modulr, digital transformation has “been on the collective agenda for years.” It’s… Read More

January 7, 2022 @ 10:40 am By Omar Faridi  |  

Ned Barker, who has considerable experience in the payments sector, notes in a blog post published by UK-based cross-border payments Fintech CurrencyCloud that remittances are one of the “single most powerful financial forces in existence today, with workers sending hundreds of billions of dollars to their… Read More

January 7, 2022 @ 10:00 am By Omar Faridi  |  

Jack Wilson, ex-FCA advisor and TrueLayer’s Head of Public Policy, notes that he’s responsible for coordinating how the firm “influences” public policy (government and regulators) to ensure the appropriate conditions for the company’s growth across the United Kingdom, European Union, internationally. A lot of the… Read More

January 7, 2022 @ 2:27 am By Omar Faridi  |  

If you’ve sent or received a payment from a friend or family member, you might have used either Zelle or Venmo to complete the transaction. These Fintech payment services enable consumers to send and receive local personal payments easily, with simply an email address or… Read More

January 6, 2022 @ 11:46 pm By Omar Faridi  |  

Indian payments Fintech Paytm says that one of things they are proud of is their 23 million merchant partners, who have chosen them for the “trusted” and secure payments experience. Paytm writes in a blog post that they’ve built their leadership in the peer-to-merchants space,… Read More

January 6, 2022 @ 11:36 am By Omar Faridi  |  

Mastercard writes in an update that the future of physical retail is “slowly making its way into your daily life.” As noted by Mastercard (NYSE: MA), you may find an example of that trend “near Section 244 at TIAA Bank Field in Jacksonville, Florida.” There,… Read More

January 5, 2022 @ 4:27 pm By Omar Faridi  |  

Finland’s card-as-a-service (CaaS) platform Enfuce, which recently finalized a €45 million Series C round, notes that client expectations and competition in the banking sector are “getting tougher all the time.” Denise Johansson, Co-Founder, Chief Commercial Officer & Deputy CEO at Enfuce, writes in a blog… Read More

January 4, 2022 @ 10:51 pm By Omar Faridi  |  

As the number of digital wallet users across the globe continues to increase, Wyre and Rehive have teamed up to make it easier and quicker for companies or businesses to launch “fully” compliant and customized Fintech apps. Together, Wyre and Rehive will aim to offer… Read More

January 4, 2022 @ 2:43 pm By Omar Faridi  |  

C6 Bank‘s automatic-payment system is reportedly one of the fastest growing online platforms in Brazil. The C6 Bank began offering financial services in August 2019. The digital banking platform has introduced C6 tag, which has helped with accelerating growth for the firm. In around 2… Read More

January 4, 2022 @ 11:22 am By Omar Faridi  |  

Nium, a company focused on payments and card issuance for businesses, notes that as they wrapped up 2021, they decided to take a look back at some of the key milestones.. 2021 was a year of many ‘firsts’ for Nium, the company wrote in a… Read More

January 4, 2022 @ 8:46 am By Omar Faridi  |  

Digital money transfer service ZEN.COM, which is reportedly powered by Mastercard (NYSE: MA), has introduced the conversion of fiat money into digital assets, as well as the “transfer of fiat currencies to any digital wallet servicing BTC, ETH or USD-T (ERC-20), with more currencies coming… Read More

January 3, 2022 @ 5:01 am By Omar Faridi  |  

Ham Serunjogi, Co-Founder & CEO at Chipper Cash, a venture-capital-backed Fintech firm that creates software to enable free and instant peer-to-peer cross-border payments, and solutions for businesses to handle online and in-store payments, notes that when him and Maijid and started Chipper Cash in 2018,… Read More

January 2, 2022 @ 5:37 am By Omar Faridi  |  

The team at WorldRemit, a UK-based digital cross-border payments firm, has shared ways to send money to people who don’t have a bank account. WorldRemit writes in a blog post that for many of us, having a bank account is “an everyday thing.” And yet,… Read More

December 30, 2021 @ 7:13 pm By Omar Faridi  |  

The Central Bank of The Bahamas has officially started consultations with banking institutions, credit unions as well as other payment services providers on a strategy to “eliminate all use of domestic cheques by the end of 2024.” According to a release, wider public consultation is… Read More

December 29, 2021 @ 11:17 pm By Omar Faridi  |  

Fintech firm Monzo notes that you can now choose to set your contactless spending limits “to levels you’re comfortable with.” Or you may choose to turn contactless off completely if you want to, the team at Monzo writes in a blog post. In October 2021,… Read More

December 28, 2021 @ 10:37 am By Omar Faridi  |  

Addi, a startup that has experienced steady growth by providing clients in Latin America the chance to use Buy Now, Pay Later (BNPL) services, recently secured $200 million of debt and equity in order to support an expansion in the region. The Bogota-headquartered Fintech confirmed… Read More

December 27, 2021 @ 1:34 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global supporter of evolution of digital P2P payments, shared the results of a consumer survey that offers insights into cross-border money transfer flows going into 2022. Results reveal that as the requirements of family and friends abroad continue to… Read More

December 27, 2021 @ 12:40 am By Omar Faridi  |  

Eli Mydlarz, Head of Engineering at Pakistani Fintech SadaPay, has noted that his firm likes to get feedback as fast and early as possible, so they can’t depend on end-to-end testing while creating financial software applications. Eli wrote in a blog post, earlier this month,… Read More

December 26, 2021 @ 9:30 pm By Omar Faridi  |  

Rapyd, a Fintech-as-a-Service firm, shared the results of a survey exploring the adoption of digital finance tools and e-commerce in Argentina, Colombia, Mexico, and Brazil. Even though the region has a fairly large unbanked population, the survey revealed that among those with active bank accounts,… Read More