Transactions made with virtual cards are on track to more than triple in the next five years. Digital cards are expected to process $5 trillion in transactions by 2025, according to a new report from Juniper Research. This year, virtual card transactions are projected to… Read More
Slice, a Fintech company that provides various card-based products to young people in India to help manage their credit scores, has secured $6 million in capital via a round led by Japanese venture capital firm, Gunosy. Other investors that took part in the round included… Read More
The team at Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow crypto-assets through a single, unified platform, recently compared the advantages and disadvantages of using centralized and decentralized finance (DeFi) solutions…. Read More
The digital asset and blockchain space is still in its infancy or early stages of development. There are many companies working on developing key infrastructure needed to support emerging cryptocurrency businesses. Cybersecurity, ID verification, AML/KYC processes, and even cryptocurrency-related insurance services are already being developed… Read More
Metro Bank was reportedly the first financial institution in the UK to allow users to freeze their cards in case they lost it. The feature was introduced in 2014. The freeze feature blocks transactions via payment cards through software, but it’s reversible so the card… Read More
Digital or neobanks are increasingly being used by consumers of all age groups for managing finances, and completing transactions. Despite the COVID-19 outbreak and resulting economic problems, digital bank Starling Bank recently secured £40 million in capital. Challenger banks aim to offer better services compared… Read More
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