Payments

Oct
28

Tron partners with Fintech firm Simplex

Tron, the blockchain-based decentralized platform, has announced a new partnership with the provider of fraudless crypto payment firm Simplex. The announcement on Tron was made on twitter. Simplex acknowledged that it will enable TRX’s purchase with credit cards on its platform. Simplex is a fintech firm that acts as a credit card processor in the […]

By Reposted by International FinTech | FinTech . Payments
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Oct
28

Softbank pumps £510m into finance firm Greensill that could kill off payday lenders

Japanese conglomerate Softbank is set to inject another £510million into British online finance firm Greensill as part of plan to launch a new service that aims to wipe out controversial payday loans. City sources said Greensill, set up by former Morgan Stanley banker Lex Greensill, is in advanced talks to buy FreeUp, a technology company […]

By Reposted by International FinTech | FinTech . Investing . Lending . Payments
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Oct
23

Canada becomes the first country to launch Samsung POS

Today, Samsung Electronics Canada announced that Samsung POS (Point of Sale), a new, NFC-enabled contactless payment acceptance system designed for micro-merchants and small businesses, is now available exclusively in Canada. Samsung POS enables merchants to accept debit and credit payments – up to $100 CDN – by tapping contactless cards, Samsung Pay, Apple Pay, and […]

By Reposted by International FinTech | FinTech . Payments
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Oct
22

Japanese fintech firm Digital Wallet acquires PH’s Speed Money Transfer

Digital Wallet Corporation (DWC), a Japan-based financial technology (fintech) company, announced today that it has acquired remittance and foreign exchange firm Speed Money Transfer Philippines (SMTP) for an undisclosed amount. SMTP, which operates in the Philippines and Australia, will be renamed as Digital Wallet Philippines following the acquisition. The deal and the name change have […]

By Reposted by International FinTech | Currency . FinTech . Payments
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Oct
21

London Fintech Yordex adds smart cards to suite of software

UK fintech Yordex is making it simple for fast-growing companies to control business spend by adding company cards to its smart spend management solution, giving businesses complete visibility and authority over their current and future finances. Expense management currently takes up a disproportionate amount of time and money within most organisations; on average, it costs […]

By Reposted by International FinTech | FinTech . Payments
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Oct
21

Cambodia’s Central Bank tests out digital wallet to reduce cross-border payment fees

Cambodia’s Central Bank wants to curtail the cost of cross-border payments and is examining its in-house digital wallet, the Hyperledger Iroha-powered Bakong. Last week, the National Bank of Cambodia (NBC) signed an agreement with Malaysia’s Maybank. The banks will work together to cut down the remittance fees of their respective digital payment platforms – Bakong […]

By Reposted by International FinTech | Banking . FinTech . Payments
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Feb
22

Google steps up global fight for digital wallet as China dominates mobile payments

Mobile payment transactions in China added up to more than US$12.8 trillion last year, making it the world’s largest mobile payments market. Now US tech giants are playing catch up. To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million […]

By Reposted by International FinTech | Banking . FinTech . Payments
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Feb
15

Indians can now send money to each other via WhatsApp

WhatsApp is beta testing letting users in India send money to each other through the app. The feature isn’t available to everyone yet, but here’s what it looks like once you have it. Tapping “Payment” lets users enter an amount and zap it to anyone they’re chatting with on WhatsApp, as long as the other […]

By Reposted by International FinTech | FinTech . Payments
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