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Onbe Survey Unveils Strong Consumer Demand for Digital and New Payment Options

Retrieved on:

Wednesday, January 26, 2022

COVID-19, Technology, Method, Risk, Payment, Workforce, Industry, CEO, LinkedIn, Health insurance, Online shopping, Cryptocurrency

Nearly three fourths of consumers preferred to make and receive payments using digital methods, including direct deposit and digital payments from peer-to-peer (P2P) applications or mobile wallets.

Key Points:

Nearly three fourths of consumers preferred to make and receive payments using digital methods, including direct deposit and digital payments from peer-to-peer (P2P) applications or mobile wallets.
"Americans are seeking more diverse payment options across the board," said Bala Janakiraman, CEO of Onbe.
As consumers place an emphasis on speed, choice and convenience, it's clear that more companies will adopt digital payment options over paper checks, cash and other traditional methods to meet consumer demands."
Backed by top-tier investors, Onbe delivers on today's consumer expectations for instant, digital and seamless payments.

Flash Call (A2P Voice) volume will increase by 25 times from 2022 to 2026

Retrieved on:

Wednesday, January 26, 2022

Flash call verification (verification through OTT missed call) is here to stay, as an OTP and 2FA method.

Key Points:

Flash call verification (verification through OTT missed call) is here to stay, as an OTP and 2FA method.
The market size of flash calls is estimated to be of 5 bn calls in 2022, growing 25+ times over next years, reaching 128 bn calls in 2026 (128% CAGR).
The current technology stack of MNOs does not allow them to identify and charge Flash Calls, meaning they must forge new monetization partnerships to prevent revenue loss.
However, as brands and enterprises are aim to minimize the costs of their authentication process, flash calling will provide a disruptive element.

Flash Call (A2P Voice) volume will increase by 25 times from 2022 to 2026

Retrieved on:

Wednesday, January 26, 2022

HONG KONG, Jan. 26, 2022 /PRNewswire/ -- Juniper Research, one of the most reputable telecom-focused research companies in the market and VOX Carrier, the only player capable of helping MNOs monetize flash calls (A2P Voice) at this point in time, have partnered to launch the first whitepaper in the industry discussing the introduction of flash calls for OTP and 2FA use cases, their market size and growth, their advantages to A2P SMS, as well as opportunities for both MNOs and enterprises.

Key Points:

Flash call verification (verification through OTT missed call) is here to stay, as an OTP and 2FA method.
The market size of flash calls is estimated to be of 5 bn calls in 2022, growing 25+ times over next years, reaching 128 bn calls in 2026 (128% CAGR).
The current technology stack of MNOs does not allow them to identify and charge Flash Calls, meaning they must forge new monetization partnerships to prevent revenue loss.
However, as brands and enterprises are aim to minimize the costs of their authentication process, flash calling will provide a disruptive element.

Leading crypto payment processor CoinsPaid is ready to re-haul DeFi

Retrieved on:

Tuesday, January 25, 2022

Bitcoin, OTC, Crystal, BSC, Kaspersky Lab, Software as a service, Growth, CPD, Ecosystem, AML, Decentralized finance, KYC, Payment, B2C, Cryptocurrency, EU, Ethereum, Polygon

With over 4.8 billion euro's worth of crypto handled in 2021, CoinsPaid is one of the world's biggest cryptocurrency payment processors.

Key Points:

With over 4.8 billion euro's worth of crypto handled in 2021, CoinsPaid is one of the world's biggest cryptocurrency payment processors.
Excellent security is what really makes CoinsPaid stand out in the busy crypto payment processing market.
CoinsPaid is also the only crypto payment service to hold two blockchain security audit certificates (by Kaspersky Labs and 10Guards).
CoisPaid's leadership in the crypto payment industry puts it in a unique position to introduce merchants to DeFi.

Crane Co. Declares First Quarter Dividend

Retrieved on:

Monday, January 24, 2022

Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.47 per share for the first quarter of 2022.

Key Points:

Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.47 per share for the first quarter of 2022.
The dividend is payable on March 9, 2022 to shareholders of record as of the close of business on February 28, 2022.
Crane Co. is a diversified manufacturer of highly engineered industrial products.
Crane Co. has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia.

RevoluGROUP Canada Inc. Announces $2 Million Private Placement Led by Steve Marshall

Retrieved on:

Friday, January 21, 2022

A sizable lead order for this Private Placement is from CEO Steve Marshall.

Key Points:

A sizable lead order for this Private Placement is from CEO Steve Marshall.
The private placement is subject to TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period.
Finder fees may be payable in connection with the private placement, all in accordance with the policies of the TSX Venture Exchange.
As cited previously, 1.26 million $CA from the present private placement will ensure RevoluPAY EP S.L.

Givex Signs Definitive Acquisition Agreement with Kalex Equipment Services

Retrieved on:

Friday, January 21, 2022

Forward-looking statement, Technology, EMEA, Knowledge, ASEAN, Payment, Toronto Stock Exchange, Phrase, Engagement, Corporation, Sale, Risk, TSX, Acquisition, Online shopping, Public relations, Kalex

("Givex") (TSX:GIVX)has signed a definitive agreement toacquire of all of the shares of 1157487 Ontario Inc. (doing business as Kalex Equipment Services) ("Kalex").

Key Points:

("Givex") (TSX:GIVX)has signed a definitive agreement toacquire of all of the shares of 1157487 Ontario Inc. (doing business as Kalex Equipment Services) ("Kalex").
With 115 technicians across Canada and resources across the US, Kalex is experienced in delivering technology services to retail and hospitality clients.
"The acquisition by Givex allows Kalex to leverage its existing expertise to expand both the Givex and Kalex client base and broaden product delivery capabilities with Givex's Engagement and Payment services," said Kalex president John Beaton.
This press release contains certain forward-looking statements, including statements about the Corporation's future plans and intentions, and the closing of the proposed acquisition of Kalex.

Bloomerang Helps Nonprofits Raise $8.1B in 2021

Retrieved on:

Thursday, January 20, 2022

Online, Growth, Lists of disasters, Love, Acquisition, Cryptocurrency, Management, Payment, Gifts in kind

Bloomerang added more than 3,200 new customers in 2021, received a record number of peer-review awards, grew the team by 41%, and deployed numerous product enhancements designed to help nonprofits thrive.

Key Points:

Bloomerang added more than 3,200 new customers in 2021, received a record number of peer-review awards, grew the team by 41%, and deployed numerous product enhancements designed to help nonprofits thrive.
The year's biggest achievements included:
Supporter impact: Bloomerang users generated more than 312.6M emails and 20.7M letters, resulting in more than 20M donors added to their accounts in 2021.
Bloomerang ended 2021 by announcing donations totalling $25,000 to five nonprofits that reflect company core values, lift up underserved communities, and support those impacted by recent natural disasters.
Indianapolis-based Bloomerang is the complete donor management solution that helps thousands of small and medium-sized nonprofits deliver a better giving experience and create stable, thriving organizations.

U.K. Banks Seek Technology Updates to Hold Off New Competitors

Retrieved on:

Thursday, January 20, 2022

To compete with FinTechs and other financial services organizations, banks are shifting to app-based services and embracing other technology advancements, even though theres little evidence yet that digital transformation efforts have increased profitability at banks, the report says.

Key Points:

To compete with FinTechs and other financial services organizations, banks are shifting to app-based services and embracing other technology advancements, even though theres little evidence yet that digital transformation efforts have increased profitability at banks, the report says.
The Bank of England has also opened up the countrys interbank payments system to increase competition from FinTechs, the report notes.
New entrants are generating a third of the new banking revenue in the country, and traditional banks are struggling to fend off a relentless assault.
More than nine in 10 FinTechs are using open banking for current services and 81 percent for enabling new services.

Temenos Launches Industry’s First AI-Driven Buy-Now-Pay-Later Banking Service on the Temenos Banking Cloud

Retrieved on:

Thursday, January 20, 2022

Temenos (SIX: TEMN), the banking software company, today announced the launch of its Buy-Now-Pay-Later banking service.

Key Points:

Temenos (SIX: TEMN), the banking software company, today announced the launch of its Buy-Now-Pay-Later banking service.
The Temenos Buy-Now-Pay-Later banking service is independently consumable via the Temenos Banking Cloud.
A global payments provider launched its Buy-Now-Pay-Later service on the Temenos Banking Cloud, growing to 22 million loan applications in just nine months, the fastest and most successful product launch in the companys history.
Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.