Новости за 18.11.2021

Digital P2P payments provider MoneyGram International, Inc. has integrated with Bangladesh mobile financial service bKash to enable more than 55 million bKash users to receive funds in real-time from around the world, according to a Wednesday (Nov. 17) press release.   This latest integration is part of MoneyGram's ongoing collaborative effort with Singapore-based Thunes, a B2B company […]

Paytm’s debut this week on the Bombay Stock Exchange, at the time of this writing, looks like the Ishtar of initial public offerings (IPOs). Lots of money and some star power – and out of the gate, it's sinking like a stone. Shares of Paytm’s parent company, One97, tumbled more than 25% on Thursday (Nov. […]

Keep those smartphones sitting on an icepack lest they overheat in the massive holiday shopping blitz that’s kicking off big time right about now. It’ll be something to see. With retail prognosticators calling for a booming season that will make the 2020 COVID Christmas pale in comparison, whole industries are hoping for major holiday action. […]

Global investment firm Blackstone has completed a majority investment in womenswear brand SPANX, Inc., pushing the 21-year-old company’s valuation to $1.2 billion and enticing several celebrities to invest, according to a Thursday (Nov. 18) press release. Other new investors in the women’s shapewear company include talk show host Oprah Winfrey, Academy Award-winning actress Reese Witherspoon […]

German digital bank N26 will close its U.S. operations as of Jan. 11, 2022, less than two-and-a-half years after it debuted in America and attracted 500,000 customers, according to a company statement reported by CNBC Thursday (Nov. 18).  Berlin-based N26 is planning to focus more on its European business, leading to the shuttering of its […]

Passwordless authentication platform Stytch on Thursday (Nov. 18) announced that it has raised $90 million in a Series B fundraising round that values the fledgling firm at $1 billion. Coatue led the funding effort, while Benchmark, Thrive and Index also participated. Stytch will use the money to grow its suite of authentication products, including Embeddable […]

In an effort to bolster the online user experience for insurance health plan members, payments FinTech firm InComm Healthcare is introducing an expanded healthcare benefit center, according to a Wednesday (Nov. 17) press release. Health plans leveraging the benefit center will offer members a one-stop place to view and manage their supplemental benefits through the […]

As the parking industry recovers from the slowdown at restaurants, events and other businesses during the pandemic, a growing number of parking providers are adding digital payment options. Their customers have come to expect this, just as they now often access restaurant menus through a QR code rather than print.  “Clearly, it’s just thinking about […]

Authentication provider LoginID has formed a partnership with NFT PRO, a company that makes tools to create, manage and distribute non-fungible tokens (NFTs). “The partnership will include the integration of LoginID’s SDKs for developers, the simplest tool for integration of the FIDO2 strong authentication standard,” the companies said in a news release Thursday (Nov. 18). […]

Financial services organization Cross River Bank and FinTech Payment Approved have partnered to provide businesses with payment options that are faster, broader, safer and more secure, according to a Wednesday (Nov. 17) press release.  With this partnership, Cross River will provide the payments and technology infrastructure to facilitate disbursements through Push-to-Card capabilities on both the […]

The holidays are upon us and beyond the festive urge to spend, some troubling signs point to the fact that if we keep charging the gifts to the plastic and virtual cards, the paycheck to paycheck struggle to pay the bills will persist, Scott Sanborn, CEO of LendingClub, told Karen Webster.   Given the fact […]

Demand for online grocery may have skyrocketed in the past 20 months, but many hurdles for eGrocers remain. Consumers are still wary of buying high-consideration goods like fresh meats and produce without seeing them firsthand, and cost remains prohibitive for many consumers used to the prices they would find at their local Walmart or Kroger. […]

Most consumers still reach for their physical cards or the cash in their wallet at checkout, despite a wealth of data suggesting a clear trend toward the adoption of digital alternatives. The move will benefit businesses and consumers alike. For both, digital wallets provide greater security. They’re also more convenient, making transactions easier and faster […]

eCommerce is quickly establishing itself as a significant industry in Latin America, with one report finding that 267 million online buyers now live within the region. This growth is simultaneously occurring as access to online banking channels and tools expands, with an October 2020 report revealing that 40 million Latin American individuals became banked in […]

Using a thumbprint or an iris scan to open a door is no longer something only seen in science fiction movies. Biometric security in the shape of fingerprint scanners and facial recognition is widely used, be it in police stations, military bases, banks or anywhere else that high security is paramount. It’s also common on […]

Getting paid is a challenge for any business at the best of times, but in the case of cross-border transactions, the complexity often extends several layers deep. It’s not just that international payments are notoriously slow and expensive. There are much bigger problems to deal with, including the lack of interoperability between the various local […]

Small and midsize businesses (SMBs) in the United States receive more than a third of their sales from buyers they work with irregularly — once, twice or a few times a year. Unfortunately, SMBs receive nearly a third of these payments late. Just over half (52%) of SMBs said they received at least one ad […]

Euronet Worldwide, a global solutions and payments provider, has rolled out a cross-border payment platform to boost business integration, according to a press release. Called Dandelion, the product offers real-time connectivity to local payment rails in 162 countries. It also provides transparency, a customizable application programming interface (API), integrated compliance capabilities and instant international settlement, […]

Blockchain-based B2B payments platform Tassat Group has gotten a “record number” of inquiries about its platform, which lets banks issue cash-backed stablecoins, according to a press release. The effect will be real-time payments facilitation for B2B clients. The interest in global blockchain-based payments was spurred by the President’s Working Group on Financial Markets, which has […]

Circle, a payments company and stablecoin operator, has introduced several new avenues toward financial inclusion, the Financial Times (FT) reported Wednesday (Nov. 17). The initiative is called Circle Impact and has the goal of accelerating the use of Circle’s stablecoin, the USD Coin (USDC) for humanitarian causes, according to the report. USDC operates from Circle […]

As more companies jump into the eCommerce payments ring, PayPal is facing competitive pressures, a Wednesday (Nov. 17) MarketWatch report suggests. Wealth management firm Bernstein’s analyst Harshita Rawat has lowered its grade from outperform to market perform, and Rawat reportedly worries of more aggression from rivals that are adopting similar services, including Amazon and Shopify. […]

Global merchant acquirer and payment processor EVO Payments has turned down an acquisition offer by payment processing solution firm Shift4 Payments, Bloomberg reported on Wednesday (Nov. 17), citing unnamed sources familiar with the situation. It’s uncertain if Shift4 Payments will make another offer for EVO, the sources said, adding that the matter is not yet […]

The U.S. Securities and Exchange Commission (SEC) are looking into BlockFi Inc. and its product that pays its customers high interest rates for lending their digital tokens, according to a BNN Bloomberg report Wednesday (Nov. 17). The SEC wants to know whether New Jersey-based BlockFi’s accounts are similar to securities and should thus be registered […]

Speaking at the Bloomberg New Economy Forum on Wednesday (Nov. 17), Axel Weber, chairman of UBS Group AG, shared his skepticism around bitcoin and said the concept of anonymous payments won’t last. Weber’s comments are consistent with his past views on cryptocurrency. “I love the technology, I think the idea of having instantaneous transactions between […]

In today’s top retail news, Target is touting its ability to meet consumers wherever they shop during the holiday season, while Amazon, Walmart, Home Depot and others are using purchase data to sell more online ads. Also, visual search technology is helping to drive digital sales for merchants, and TJX is seeing increased store traffic […]