As a new report says almost two-thirds of banks are looking to migrate to more secure and flexible modern card payments platforms, Tietoevry’s Valdis Janovs says banks should be thinking about the strategic implications and risks of not taking action. Banks must move to modern card payments platforms Many existing bank card platforms are simply […]
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Early Warning, the bank-owned operator of the peer-to-peer payments platform, Zelle, officially entered the digital payments gold rush earlier this year when it announced plans to create a new digital wallet called Paze. The new service will compete directly with an increasingly crowded field of digital wallet providers including the likes of PayPal, Apple and Google.
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UK organisations and consumers are ready to embrace a new era of digital identity according to a new report from Curity. The term digital identity is not new, it is a term that can refer to different concepts often with considerable overlap. The definition for this report is that digital identity is information used by
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OKX Wallet has added Uquid – a Web3 e-commerce platform – to its Discover Portal. The portal, which can be accessed via the Discover section on OKX Wallet on web and mobile, gathers over 10,000 dApps, DEXs, blockchain games, NFTs and supplementary tools. With this integration, users can now access Uquid’s digital shop directly through OKX Wallet’s Discover Portal. By bridging the gap
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RYVYL Inc., a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions announced a strategic partnership between its wholly-owned subsidiary in Europe, RYVYL EU, and Visa. With RYVYL EU being a fully licensed electronic money institute (EMI), this partnership will enable RYVYL EU’s customers to
Tap to Pay enables small businesses to accept contactless payments (including cards and digital wallets) in-person, directly on their mobile devices with no additional hardware or upfront cost PayPal Holdings, Inc. announced that Tap to Pay on Android is rolling out for Venmo business profile users in the U.S., enabling them to accept contactless payments directly on
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According to a new study by IDC Financial Insights, spending on legacy payments technology is rising rapidly and damaging the growth prospects of banks around the world. Global financial institution (FI) spend on outdated payment systems is expected to climb to $57.1 billion in 2028 from $36.7 billion in 2022, with an average annual growth
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Revolut, a London-based neobank, has expanded its suite of products and services by introducing a robo-advisor to its super app for users in the United States. The advisor helps users to automate their investment portfolios, thereby “removing the friction from investing,” Revolut said in a blog post published today (Thursday). Robo-advisors are algorithms and computer
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TPS Software, a leading provider of practice management software for accounting professionals, is proud to announce its new integration with CPACharge, an industry-leading online payment processing platform. This integration will enable TPS Software users to seamlessly process payments through the CPACharge platform, streamlining their payment workflows and enhancing their overall practice management experience. “Our goal has
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80% of customers who have tried open banking payments use it regularly for account top-ups Pleo, the Danishbusiness spend fintech serving 25,000 companies across Europe, extends its partnership with Yapily, the leading open banking infrastructure platform, as it expands into Europe and adopts Variable Recurring Payments (VRPs) to automate account top-ups. In September 2022, Pleo partnered
