Search result for Payment
Kadmos Gives Migrant Workers €29 Million
Kadmos, a Berlin-based firm that offers an all-in-one platform for the payment of salaries to employees working abroad, has successfully completed its Series A investment round, which resulted in the company receiving €29 million in capital. The company is placing a substantial gamble on the...
Panthera Growth Gives Innoviti $45 Million
In this regard, the resources would be put to use in the development of solutions that are constructed on top of the already existing payment systems, the improvement of product allocation, and the creation of strategic purchases in the realms of advertising technology and information fields of s...
Global Payment Card Issuance Software Market is Witnessing Remarkable Growth (Inducing Pre & Post COVID Impact)
The massive boom witnessed by e-commerce companies like Amazon along with growing banking & financial sector is the primary reason why the global payment card issuance softwar...
Innoviti receives a US patent for its secure QR communication system
For the safe transfer of payment information from a consumer-facing product – such as a terminal, website, or mobile app – to a payment processing server for authorization, communication security is critical. Customers' identities can be stolen, merchant identities can be changed,...
In Singapore, payment reform is unlocking the value of population health
In healthcare, it is commonly understood that traditional, activity-based payment models not only lack system incentives for enhancing value but also generate disincentives for doing so. Singapore is transitioning to a capitation model to increase healthcare value, in which healthcare clusters wo...
China accepts Russian oil tankers and offers other payment methods
According to people familiar with the situation, Chinese refiners are paying for Russian crude oil via cash transfers to sustain imports from Russia's Fast East, since banks are unable to finance the oil due to sanctions.
Banks stopped funding Russian oil when the US and other natio...
The Age of Crypto Payment Cards is Finally Here
Absolute Markets Insights (AMI) reports that the global cryptocurrency based payment card market is projected to register a growth rate of 35.68% during the 2021-2029 period in its newly released report. This growth is attributed to the rise in the number of crypto transactions globally, which in...
PayPal Coin is a new soon to be Entrant
Highlights:
- Paypal promises smooth transaction and stability with its new development
PayPal Holdings, Inc. is an American multinational financial technology headquartered in California. It is a company that deals in the online payments system ...
Fantom Foundation to develop a digital currency for Tajikistan
Highlights
- Fantom Foundation to develop a central bank digital currency
- Three banks will be rolling out a digital currency trial nationwide
Tajikistan's largest banks has been enlisted to develop a central bank digital curre...
Global Payment Software Market
In the recent years, companies are investing towards enhancing customer experience by providing frictionless and secure transactions. There is a big shift from brick & mortar shopping to online shopping as customers are looking out for easy and flexible methods of payments and shopping experi...
GOOGLE LIKELY TO COME UP WITH NEW FINANCIAL SERVICES IN JAPAN
Highlights
• Google is likely to pay a sum of between $180 million and $270 million to the payment provider which is at present owned by Mizuho Bank along with several investors
A report by Nikkei claims that search engine giant Google is planning to acquire Tokyo-based c...
Find Out What are the Important Factors Boosting the Demand of Cryptocurrency Payment Apps Market 2021 - 2029 - A Report by Absolute Markets Insights
The cryptocurrency has been mainly used for different types of applications, which includes remittance, payment as well as trading. The applications are also responsible for driving the gl...
JAPAN GOVT. TO ALLOW COMPANIES TO PAY SALARIES DIGITALLY
Highlights –
- Japan govt. to allow companies to pay salaries digitally.
- The labor ministry has proposed the plan during a meeting.
- The ministry will identify who among the digital salary payment service providers can transmit the funds...
PAYMENT GATEWAY, NOWPAYMENTS INTRODUCE MASS PAYMENT SOLUTION
Highlights:
• NOWPayments can convert currencies
• Mass Payment can make payments to an unlimited number of people simultaneously
Businesses in vario...
IT’S A DEAL; PAYPAL ACQUIRES CURV
Highlights:
• Paypal is keen on becoming more inclusive in its crypto offerings
• Curv is a part of Paypal’s expansion plan.
Paypal Holding Inc shall acquire Te...
TOKYO POLICE ARRESTS 2 MEN OVER FRAUDULENT USE OF ‘PAYPAY’ MOBILE PAYMENT SERVICE
Highlights –
- Tokyo police arrest 2 men over fraudulent use of ‘PayPay’ mobile payment service.
- The suspects fraudulently charged about $4,300 after stealing money from another person’s bank account.
- The two suspects ...
RAH INFOTECH PARTNERS WITH TRUSTIFI
HIGHLIGHTS
- RAH Infotech has found a new partner in Trustifi.
- Both partners are working to introduce enhanced e-mail security to India.
RAH Infotech, India’s leading technology distributor has forged a partnership with Las Vegas...
WIRECARD FILED FOR INSOLVENCY AFTER BEING TROUBLED BY THE SCANDAL
Highlights –
- German payments company Wirecard has filed for insolvency.
- It plans to proceed with its business activities after being done so.
- Wirecard owes its creditors almost $4 billion; problem in the balance sheet.
- The ...
PHILIPPINES CENTRAL BANK DENIES RECEIVING ANY MONEY FROM WIRECARD
Highlights –
- Wirecard, German payment company under scandal.
- Wirecard seems to have been missing a sum of $2.1 billion.
- Philippines Central Bank denies allegations of being connected with the scandal.
- The Central Bank has n...
Retirees received way more payment by the Energy Ministry than the Consultants for Same Job
As per the findings of Auditor General Pamela Monroe Ellis, the needs of human resource were not taken into account by the Ministry of Science, Energy, as well as, Technology when it made the decision of approving special early retirement for 6 officers in the fifth month of 2018 and their later ...