The Euro Banking Association (EBA) announced Monday (May 22) that it issued a new information paper looking at benefits and uses cases of digital currencies for international payments and correspondent banking practices. In a press release, the trade group said the new paper explores business models for distributed...
Visa announced Wednesday (May 10) a new collaboration with Cambia Health Solutions, in which Cambia Health will integrate Visa’s Visa Direct technology into its payment platform. In a press release, Visa said that under the deal, customers of Cambia’s family of companies will be able to...
Thanks to the growth of mobile technology and e-commerce, many are writing banknote obituaries and hailing the arrival of the cashless society said Daniel Kornitzer, Chief Product Officer of leading global payments provider Paysafe. While there is no final farewell for hard currency in sight...
Digit, the service that enables people to save, announced Wednesday (April 12) it will be ending its free service and will start charging $2.99 a month in the next 100 days. According to a report in Venture Beat, existing accounts will stay free for 100...
Interac, the digital money company, announced Tuesday that its eTransfer service is being used by Canadian consumers and businesses at record levels. In a press release, the company said more than 158 million transfers were made over the platform during 2016. What’s more, the volume...
Cross border flow of money is going to continue no matter what the political climate. Maybe the pie won’t grow as quickly as some might expect, but for firms enabling the movement of money from one wallet to another, the pickings should be plentiful. BillMo...
SafeCharge, a leader in advanced payment technologies, announced that it is providing its services to Funzing, an innovative community marketplace. Funzing connects “hosts” who want to share their hobbies, professions and even properties (a home recording studio, a magical tree house in the backyard, etc.) with...
Mahindra Comviva, the global leader in providing mobility solutions, has announced the launch of payPLUS Aadhaar Pay, a merchant payment acceptance solution that leverages India Stack for merchant payments. According to a report, payPLUS Aadhaar Pay was created to enable residents in rural India to...
Splitting the check for Foodler users has gotten a lot easier now that the rapidly growing delivery app accepts Venmo as a payment method. According to a press release, Venmo’s split-purchase feature makes dividing the cost for work lunches or dinner with friends simple. Foodler,...
