Tagged: electronic payments

Fintech: IFC Commits to Fostering Financial Inclusion through Digital Services in Nepal

International Finance Corporation (IFC), a member of the World Bank Group, and Nepal Rastra Bank (NRB) formalized an agreement to strengthen the fintech ecosystem in Nepal, focusing on increasing the adoption of electronic payments and fostering innovation in digital financial services. This collaboration is part… Read More

MineralTree’s Vijay Ramnathan’s Top Stories Impacting Payments and Fintech for 2021

Staffing challenges, the growth in digital payments and B2B payments were among the stories that defined 2021 in payments and Fintech, MineralTree president Vijay Ramnathan said recently. MineralTree conducted some research in 2020 with mid-market and enterprise finance teams, Ramnathan said. Prior to the pandemic,… Read More

New Digital Commerce Payments Solution, NIFT ePay, Introduced in Pakistan

The National Institutional Facilitation Technologies (in Pakistan) and its business and tech partner TPS Worldwide, have introduced “NIFT ePay,” which is the nation’s all-inclusive payment gateway supporting business solutions beyond payments. As mentioned in a release, NIFT ePay supports digital commerce payments by aggregating different… Read More

MC Payment Ltd becomes First Digital Payments Company to be Listed on Singapore Exchange’s (SGX) Catalist

MC Payment Limited has revealed that it’s now listed on the Singapore Exchange’s (SGX) Catalist. The company claims that it’s the first digital payments platform to be listed on Catalist. With a market cap of around S$139 million (appr. $105.4 million), the listing of MC… Read More

CoolBitX Partners with Payment Processor BitPay to Support Cryptocurrency Purchases Directly from Hardware Wallet

Blockchain security firm CoolBitX is focused on developing the infrastructure to bridge the gap between mainstream financial institutions and the nascent crypto-asset sector. On July 30, 2020, CoolBitX revealed that it has teamed up with BitPay, the leading provider of cryptocurrency payment services. As mentioned… Read More

Fraud Protection and Digital Payments Firm Vesta Sells Majority Stake of Business to Goldfinch Partners for $125 Million

Vesta, a fraud protection and electronics payments firm based in Lake Oswego, has reportedly sold its majority stake in its business to Goldfinch Partners for $125 million. Seattle-based Goldfinch Partners is a private equity firm established in 2018. Before this recent transaction, Vesta’s ownership was… Read More

Lithuania-based Fintech Genome to Waive All Monthly Account Fees, will Serve Low-Risk Customers During Coronavirus Pandemic

Lithuania-based Genome, a Fintech firm that provides a financial ecosystem to support individuals and businesses, will be helping companies process their e-commerce transactions. The Fintech company will be opening a business account for low-risk businesses that are currently using the Genome platform. It will also… Read More

San Francisco-based Fitbit Introduces Fitness Wristband with Standard Contactless Payments Feature

San Francisco-based Fitbit, a company that (recently acquired by Google for $2.1 billion) offers compact, wireless, wearable sensors that track users’ daily activities in order to encourage people to adopt a healthy and active lifestyle, has introduced a fitness wristband that comes with a contactless… Read More

Two-Thirds of Indian Fintech Consumers Applied for Online Credit and Made Digital Payments in 2019: Survey

Digital payments and online lending are becoming increasingly popular in Asian countries. According to a new survey, a large number of Asia-based users are conducting internet-based transactions, instead of visiting physical bank locations. The recent survey of Fintech customers by Robocash Group revealed that nearly… Read More

WorldPay Partners With ACI Worldwide to Drive Global Acceptance For Alternative Payment Methods

ACI Worldwide (NASDAQ: ACIW), a global provider of real-time, any-to-any electronic payment solutions for banks, intermediaries, merchants, and corporates, announced on Wednesday it has formed an international relationship with Worldpay, Inc., a global provider in payments processing technology and solutions. According to ACI, the new collaboration… Read More

Canadian Fintech Plooto Strengthens Partnerships With Small Business Tech Company Xero & Announces Technology Integration

Canada-based fintech and electronic solutions provider Plooto announced on Wednesday it is continuing its partnership with online small business technology company Xero. The company reported that the two organizations are currently working on a software integration that gives accountants and bookkeepers the ability to send… Read More

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