Mobile payments

Sports Illustrated Launches SI Tix: A Fan-First, Innovative and Multi-Feature Ticketing Platform With a Revolutionary $10 Flat Fee

Retrieved on:

Wednesday, June 16, 2021

SI Tix takes a revolutionary approach to fan ticketing for both sports and entertainment and will launch with its official payment provider, Venmo and PayPal.

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SI Tix takes a revolutionary approach to fan ticketing for both sports and entertainment and will launch with its official payment provider, Venmo and PayPal.
SI Tix puts the fan experience first with a nominal $10 flat transaction fee for all tickets purchased with Venmo and guarantees a 100% refund if, for any reason, an event is canceled.
With the launch of SI Tix, were excited to give Venmo customers access to a new marketplace as the first payment provider offered on the ticketing platform.
With the largest audience in the industry, the SI Tix marketplace connects more buyers and sellers than any other ticketing platform around the world.

Shannon Allmon Joins BlockFi as General Manager of Retail

Retrieved on:

Tuesday, June 15, 2021

Payment systems, Companies, Finance, Mobile payments, Cryptocurrencies, Electronic funds transfer, EBay, PayPal, Fannie Mae

JERSEY CITY, N.J., June 15, 2021 /PRNewswire/ -- BlockFi , a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, today announced that Shannon Allmon has joined the company as General Manager of Retail.

Key Points:

JERSEY CITY, N.J., June 15, 2021 /PRNewswire/ -- BlockFi , a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, today announced that Shannon Allmon has joined the company as General Manager of Retail.
Mr. Allmon joins BlockFi with over 20 years of financial services experience, most recently from PayPal, where he served as Senior Director of Product Development.
Prior to his role at PayPal, Mr. Allmon successfully launched and managed multiple financial services products for Fannie Mae and Capital One.
Mr. Allmon is based in Baltimore and holds a BBA from the College of William and Mary.

Global Mobile Wallet Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

Retrieved on:

Monday, June 14, 2021

Technology, Data management, Money, Payment systems, Finance, Mobile payments, Payment cards, Near-field communication, Wireless, Contactless payment, Magnetic secure transmission, Digital wallet, NETS

Although there are various proximity payment based mobile wallet available in the market including NFC, UHF, MST, Location-based payments among others, However, The Near Field Communication, QR and Magnetic Secure Transmission are leading technologies driving the market

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Although there are various proximity payment based mobile wallet available in the market including NFC, UHF, MST, Location-based payments among others, However, The Near Field Communication, QR and Magnetic Secure Transmission are leading technologies driving the market
NFC solutions enable users to seamlessly integrate existing payment cards through mobile phones and activation of payment services added with convenience and assured security.
Even so, it makes contactless payment via wearables leveraging tokenization.
Also, it also integrates with vendor machines
Also, owing to its low processing fees will help retailers to achieve cost and operational efficiency and obtain data opportunities and loyalty which turn could be used to improve relations with customers.
For instance In December 2019, Ant Financial has patnered with several local wallets in Southeast Asia and has invested in eMonkey to capture digital payments market share in the region.

DNA Payments Raises £100 Million to Accelerate Growth and Make New Acquisitions

Retrieved on:

Monday, June 14, 2021

Banking, Professional services, Finance, Payment systems, Online payments, Money, Digital currencies, Mobile payments, Foreign exchange companies, Electronic funds transfer, Alchemy Partners, DNA Payments, ALCHEMY PARTNERS, DNA PAYMENTS

DNA Payments Group (DNA), the fast-growing vertically integrated payments company, has signed a 100 million deal with Alchemy Partners (Alchemy).

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DNA Payments Group (DNA), the fast-growing vertically integrated payments company, has signed a 100 million deal with Alchemy Partners (Alchemy).
View the full release here: https://www.businesswire.com/news/home/20210614005161/en/
DNA Payments raises 100 Million to accelerate growth and make new acquisitions.
This transaction will allow us to accelerate our growth, helping more merchants accept payments quickly and easily, both in-store and online.
DNA Payments Limited is authorised and regulated by the Financial Conduct Authority, under the Payment Services Regulations 2017 for the provision of payment services.

Surging Cryptocurrency Demand Gives Rise to New Ways to Obtain Digital Assets

Retrieved on:

Thursday, June 10, 2021

Money, Finance, Payment systems, Online payments, Cryptocurrencies, Mobile payments, MasterCard, PayPal, Dan Schulman, Crypto, Credit card

VANCOUVER, BC, June 10, 2021 /PRNewswire/ -- USA News Group - According to Dan Schulman, President and CEO of PayPal, demand for cryptocurrency assets is surging beyond expectations, and he's predicting a sharp decline in the use of cash .

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VANCOUVER, BC, June 10, 2021 /PRNewswire/ -- USA News Group - According to Dan Schulman, President and CEO of PayPal, demand for cryptocurrency assets is surging beyond expectations, and he's predicting a sharp decline in the use of cash .
Fellow payment processors Mastercard Incorporated (NYSE:MA) are now embracing the future, and launching a crypto rewards card .
"Demand on the crypto side has been multiple-fold to what we initially expected.
Gemini has already launched a waitlist for those who wish to obtain the new credit card, which will be available in metal andhave no annual fee.

Volante Technologies Wins "Most Innovative Payment Solutions Provider" at MEA Finance Banking Technology Awards 2021

Retrieved on:

Thursday, June 10, 2021

Mobile payments, Banking in India, Payment systems

NEW YORK, LONDON, DUBAI and MEXICO CITY, June 10, 2021 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced it has won the 2021 MEA Finance Banking Technology Award for 'Most Innovative Payment Solutions Provider'.

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NEW YORK, LONDON, DUBAI and MEXICO CITY, June 10, 2021 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced it has won the 2021 MEA Finance Banking Technology Award for 'Most Innovative Payment Solutions Provider'.
The MEA Finance Banking Technology awardsaim to benchmark and promote excellence and performance in banking and financial technology.
As payments are the heart of any digitalization strategy, these trends have created an urgent need for payments modernization.
Volante processed the first end-to-end instant payment in the Kingdom of Saudi Arabia , evidencing their track record in innovation in the region."

Volante Technologies Wins "Most Innovative Payment Solutions Provider" at MEA Finance Banking Technology Awards 2021

Retrieved on:

Thursday, June 10, 2021

Mobile payments, Banking in India, Payment systems

NEW YORK, LONDON, DUBAI and MEXICO CITY, June 10, 2021 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced it has won the 2021 MEA Finance Banking Technology Award for 'Most Innovative Payment Solutions Provider'.

Key Points:

NEW YORK, LONDON, DUBAI and MEXICO CITY, June 10, 2021 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced it has won the 2021 MEA Finance Banking Technology Award for 'Most Innovative Payment Solutions Provider'.
The MEA Finance Banking Technology awardsaim to benchmark and promote excellence and performance in banking and financial technology.
As payments are the heart of any digitalization strategy, these trends have created an urgent need for payments modernization.
Volante processed the first end-to-end instant payment in the Kingdom of Saudi Arabia , evidencing their track record in innovation in the region."

IDEMIA Signs With Storstockholms Lokaltrafik “SL” to Launch the World’s First Ever Public Transport EMV White Label Cards

Retrieved on:

Thursday, June 10, 2021

Thanks to its unrivalled embedded security expertise IDEMIA has been able to set the security standards for SL and develop the worlds first ever public transport EMV White Label card.

Key Points:

Thanks to its unrivalled embedded security expertise IDEMIA has been able to set the security standards for SL and develop the worlds first ever public transport EMV White Label card.
View the full release here: https://www.businesswire.com/news/home/20210610005355/en/
This jointly developed hi-tech system is based on EMV White Label, an open contactless payment standard promoted by the White Label Alliance, which enables ready-to-deploy contactless payment solutions.
The first new EMV White Label cards will be rolled out after the summer.
Were immensely proud to be the first ever EMV White Label card provider for Public Transport in Sweden.

CIBC mobile banking app ranked #1 by J.D. Power for customer satisfaction in Canada

Retrieved on:

Thursday, June 10, 2021

Finance, Mobile payments, Service industries, Mobile banking, Money, Canadian Imperial Bank of Commerce, Bank

"We continue to innovate and invest in new features to provide our clients with a modern, convenient and elevated mobile banking experience," said Laura Dottori-Attanasio, Group Head, Personal and Business Banking, CIBC.

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"We continue to innovate and invest in new features to provide our clients with a modern, convenient and elevated mobile banking experience," said Laura Dottori-Attanasio, Group Head, Personal and Business Banking, CIBC.
Power, especially as more and more Canadians are relying on mobile banking to stay connected to their finances."
Power 2021 Canada Banking Mobile App Satisfaction Study measured overall satisfaction with mobile banking apps based on 1) navigation, 2) visual appeal, 3) speed, and 4) information/content.
CIBC's mobile banking app was a top performer across most drivers of satisfaction, leading Canada's Big Five banking apps with its speed, and features such as mobile cheque deposit and account/profile management.

Volante Technologies Wins "Most Innovative Payment Solutions Provider" at MEA Finance Banking Technology Awards 2021

Retrieved on:

Thursday, June 10, 2021

Financial law, Payment, Articles, Mobile payments, Draft:Aion Digital, Payment systems, Economy

NEW YORK, LONDON, DUBAI, UAE andMEXICO CITY, June 10, 2021 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced it has won the 2021 MEA Finance Banking Technology Award for 'Most Innovative Payment Solutions Provider'.

Key Points:

NEW YORK, LONDON, DUBAI, UAE andMEXICO CITY, June 10, 2021 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced it has won the 2021 MEA Finance Banking Technology Award for 'Most Innovative Payment Solutions Provider'.
The MEA Finance Banking Technology awardsaim to benchmark and promote excellence and performance in banking and financial technology.
The Middle Eastern banking sector is experiencing a renaissance with open banking, expanded cross-border payment choices , instant payments, and the move from a cash economy to a digital one presenting both opportunities and challenges.
Volante Technologies is the leading global provider of cloud payments and financial messaging solutions to accelerate digital transformation.