Digital Wallets are now the most popular payment method in the World
The big news this year was a surge in digital wallet spending, which became the most popular payment method for e-commerce and POS transactions.
Rapyd raises $300 million in funding to support accelerated growth within the global payments industry
Businesses can accept and send payments without having to build their own infrastructure through the Rapyd Global Payments Network.
VibePay launches Open Banking powered dashboard
VibePay, which powers account to account payments between consumers, friends and businesses, launches its UK business dashboard.
Fintech savvy Brits crave more tech to manage their money
Digitally savvy Brits are the biggest users of tech in Europe, yet they crave more digital means of managing their money: new eToro report.
SMEs get a neat new way to process contactless payments
Business owners will be able to process contactless payments using nothing more than an NFC-enabled Android phone thank to Phos and Mastercard
Fintech trends to look out for in 2021
Across various sectors in 2020, people have embraced the challenges and developed innovative solutions. Fintech is no exception.
Global money transfer service Azimo and payments fintech dLocal to facilitate remittances from Europe, Australia to Colombia
Global money transfer service Azimo has teamed up with dLocal in order to allow workers in Europe and Australia to send funds to Colombia.
UnionPay International signs long-term partner agreement with global payment innovator Verrency
Verrency today signed a long-term agreement with UnionPay International (UPI), a wholly owned subsidiary of China UnionPay (CUP), to offer Verrency’s innovative value-added services to Union Pay’s issuing banks across Asia. Verrency’s services will be delivered via the UPI Wallet, Union Pay’s innovative API service. Signing the formal agreement were David C. Link, Chief Executive Officer/ Executive Chairman, Verrency, and Shuan Ghaidan, Product Director, UnionPay International. Shuan Ghaidan said: “We are very glad to be working with Verrency to offer further control, service, convenience and security to our customers. Verrency’s innovative services will further enhance the value of the UPI Wallet and the value that Union Pay enables for its issuers. […]
