Digital Payments

May
26

Digital wallet services gain growing acceptance

Money and wallets simply aren’t what they used to be. Tech giants’ card-less payment services — including Apple Pay, Android Pay from Google and Samsung Pay — aim to ease the path to the truly digital wallet, and researchers project huge growth in adoption by retailers and consumers. Even staid financial giants such as Wells […]

By Reposted by International FinTech | FinTech . Payments
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May
24

NDTV & Mastercard launch “Cashless Bano India” to encourage adoption of digital payments among the masses

Keeping in sync with Government of India’s vision of cashless India, NDTV and Mastercard joined hands to launch the Cashless Bano India movement. The campaign aims at accelerating the adoption of digital forms of payments through an on-ground and TV campaign that will educate the masses about digital payment solutions and encourage its usage for […]

By Reposted by International FinTech | FinTech . Payments
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May
23

Cryptocurrency market cap reaches $77bn, surpasses Uber and Airbnb

The cryptocurrency sector has seen massive gains in the past few weeks. Almost every single altcoin has increased in value in one way or another this month. According to coinmarketcap, the overall market cap surpassed $77 billion. To put that in perspective, crypto is valued more than some of the world’s most successful startups such […]

By Reposted by International FinTech | Bitcoin . Currency . FinTech . Investing
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May
19

Indian fintech company Paytm raises $1.4 billion from Japan’s SoftBank

India’s Paytm said on Thursday it has raised $1.4 billion (£1.07 billion) from Japan’s SoftBank Group in a deal that will help the digital payments startup expand its user base and maintain its lead in Asia’s third-largest economy. SoftBank will also get a board seat in Paytm after the investment, which was made into Paytm […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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May
18

Singapore fintech firm launches ‘first digital platform’ for trade finance assets

An MAS-backed fintech firm, CCRManager Pte Ltd, on Tuesday launched what it says is the first digital platform for the distribution of international trade financing, transactions now handled mainly by phone and email. CCRManager Pte Ltd, which received a grant from the Monetary Authority of Singapore’s Financial Sector Development Fund, is supported by 16 financial […]

By Reposted by International FinTech | FinTech . Payments
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May
16

Mobile wallets to disrupt UAE payments sector

Get ready for it. The use of mobile wallets as a means of payment will perhaps be the biggest disruption the financial sector in the UAE has ever seen. But old habits die hard. According to UAE Central Bank figures, about 75 per cent of transactions in the country are made in cash. In fact, […]

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

Remitano announces a new worldwide remittance service based on Bitcoin

Remitano, a Vietnamese platform that helps people trade bitcoin quickly and securely, has expanded its services to include a new offering to help users make international remittance. Using its current Escrow platform, Remitano users will be able to transfer funds quickly and securely across Vietnam, Malaysia, China, Australia, Nigeria, Tanzania, Kenya and India.   Remitano […]

By International FinTech | Bitcoin . FinTech . Payments
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May
04

This guy is quickly but quietly building Sweden’s next fintech giant

Johan Tjärnberg is quietly building a fintech business that may prove as successful as Klarna. During 2016, his payments company, Bambora, grew 20% to revenues of SEK 2 billion. “Sales will increase even more this year, by as much as 30%, and we’ve been profitable from the start,” Johan Tjärnberg told Breakit. Bambora is a […]

By Reposted by International FinTech | FinTech . Payments
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