Cashless society

Mastercard Focuses on Digital Identity Innovation with Close of Ekata Acquisition

Retrieved on: 
Wednesday, June 9, 2021
Professional services, Data management, Security, Technology, Software, Finance, Banking, Credit cards, MasterCard, Money, Finance, Cashless society, Identity verification service

Mastercard (NYSE: MA) today announced it has completed its acquisition of Ekata, a leading provider of identity verification services that help businesses make more informed decisions during online account opening, payments and a variety of other digital interactions.

Key Points: 
  • Mastercard (NYSE: MA) today announced it has completed its acquisition of Ekata, a leading provider of identity verification services that help businesses make more informed decisions during online account opening, payments and a variety of other digital interactions.
  • Were delighted to welcome the Ekata team to Mastercard, said Ajay Bhalla, president, Cyber and Intelligence, Mastercard.
  • Proving your identity is critical to creating trust in our increasingly digital world.
  • Ekata's identity verification data, machine learning technology and global experience will add to Mastercard's fraud prevention and digital identity programs.

Mastercard Foundation to Deploy $1.3 Billion in Partnership With Africa CDC to Save Lives and Livelihoods

Retrieved on: 
Tuesday, June 8, 2021
Mastercard Foundation, Online payments, Credit cards, MasterCard, Africa Centres for Disease Control and Prevention, Money, Cashless society, Payment systems

This initiative is about valuing all lives and accelerating the economic recovery of the continent," said Reeta Roy, President and CEO of the Mastercard Foundation.

Key Points: 
  • This initiative is about valuing all lives and accelerating the economic recovery of the continent," said Reeta Roy, President and CEO of the Mastercard Foundation.
  • The Africa CDC is calling on governments, global funders, the private sector, and others to help meet this goal.
  • The initiative builds on an earlier collaboration between the Mastercard Foundation and the Africa CDC to expand access to testing kits and enhance surveillance capacity in Africa.
  • The Mastercard Foundation is a Canadian foundation and one of the largest in the world with more than $39 billion in assets.

Digital Payments Market Report 2021: Transaction Value was $5.44 Trillion in 2020 - Global Growth, Trends, COVID-19 Impact, and Forecasts 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, June 4, 2021
Software, Technology, Professional services, Finance, Articles, Economy, Cashless society, International finance, Cash, Payment, Business

The "Digital Payments Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Digital Payments Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
  • The transaction value for the Global Digital Payments Market was USD 5.44 trillion in 2020, and it is projected to be worth USD 11.29 trillion by 2026, registering a CAGR of 11.21% during the period of 2021-2026.
  • This is expected to substantially spur the growth of digital payment methods across various economies.
  • Further, even before the pandemic, the demand for cashless payments, was driven by greater convenience, favorable government policies, and evolving consumer behavior.

Global Prepaid Cards Business Intelligence Service: Online Business Intelligence Platform Offering Data, Analysis, and Opinion on Prepaid Cards - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 2, 2021
Retail, Professional services, Other Retail, Finance, Payment cards, Money, Cashless society, Payment systems, Radio-frequency identification, Stored-value card, Prepayment, Credit cards, Green Dot Corporation

The "Prepaid Cards Knowledge Center - Online Business Intelligence Platform Offering Data, Analysis, and Opinion on Prepaid Cards" newsletter has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Prepaid Cards Knowledge Center - Online Business Intelligence Platform Offering Data, Analysis, and Opinion on Prepaid Cards" newsletter has been added to ResearchAndMarkets.com's offering.
  • The Prepaid Cards Knowledge Center is an online strategy research platform offering business intelligence on prepaid cards.
  • Business & administrative expense card: Market size and forecast at category level and by consumer segments (government, small scale business, mid-size business, and enterprise business).
  • Payroll card: Market size and forecast at category level and by consumer segments (government, small scale business, mid-size business, and enterprise business).

The Treasurer of Montgomery County Announces PayPal as Newest Bill Payment Option

Retrieved on: 
Wednesday, May 26, 2021
Professional services, Public policy, Government, State, Local, Technology, Finance, Software, Payment systems, Mobile payments, Cryptocurrencies, Cashless society, Financial technology, Online payments, PayPal, Venmo

The Treasurer of Montgomery County now accepts PayPal as a payment option for taxpayers.

Key Points: 
  • The Treasurer of Montgomery County now accepts PayPal as a payment option for taxpayers.
  • Along with the ability to pay bills using PayPal, taxpayers can pay via Venmo and other PayPal options.
  • The Treasurer of Montgomery County partners with Invoice Cloud, an EngageSmart solution and provider of trusted, secure e-payments, to provide more than 25,000 taxpayers multiple ways to safely view and pay their bills electronically.
  • Adding PayPal as a payment option gives our taxpayers more flexibility while still allowing them to make payments securely and easily, said Heather Laffoon, Montgomery County Treasurer.

OTI Announces Completion of Oversubscribed Rights Offering to Shareholders

Retrieved on: 
Tuesday, May 25, 2021
Telecommunications engineering, Telecommunications, Articles, Radio-frequency identification, Near-field communication, Wireless, Contactless payment, Oti, Cashless society

YOKNEAM,Israel, May 25, 2021 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTCQX: OTIVF), a global provider of near field communication (NFC) and cashless payment solutions, today announced that its previously announced rights offering (the "Rights Offering"), closed on May 19, 2021.

Key Points: 
  • YOKNEAM,Israel, May 25, 2021 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTCQX: OTIVF), a global provider of near field communication (NFC) and cashless payment solutions, today announced that its previously announced rights offering (the "Rights Offering"), closed on May 19, 2021.
  • OTI intends to use the proceeds from the Rights Offering primarily to support its working capital needs and fund its operations and to a lesser degree for new product development activities.
  • Yehuda Holtzman, CEO of OTI commented: "I would like to thank all our shareholders and long-term supporters for their show of confidence in OTI and in our strategic plan.
  • OTI operates through regional offices, supporting clients and payment industry partners with its unique contactless payment solutions.

SoftTouch Adds Touch-Free PayPal and Venmo Payment Acceptance Capabilities

Retrieved on: 
Monday, May 24, 2021
Technology, Mobile, Wireless, Finance, Professional services, Software, Restaurant, Bar, Retail, Data management, Online Retail, Payment systems, Mobile payments, Online payments, Cashless society, Financial technology, Cryptocurrencies, PayPal, Venmo, PayMe, Point of sale, Braintree

SoftTouch POS & Payments , a next-generation fintech company providing point-of-sale, payment gateway, payment processing and integration solutions for restaurants, bars, retail and more, today announced it has enhanced its solutions with touch-free PayPal and Venmo payment acceptance capabilities.

Key Points: 
  • SoftTouch POS & Payments , a next-generation fintech company providing point-of-sale, payment gateway, payment processing and integration solutions for restaurants, bars, retail and more, today announced it has enhanced its solutions with touch-free PayPal and Venmo payment acceptance capabilities.
  • PayPal and Venmo are now integrated on all SoftTouch platforms, including SoftTouch POS, SoftTouch POS Pay and the SoftTouch POS Mobile App which is available for download from the App Store for iOS devices and soon to be available on Google Play for Android.
  • We are thrilled to be one of the first multi-platform POS solutions in North America to integrate PayPal and Venmo payment acceptance capabilities, said SoftTouch Chief Executive Officer Evan Fytros.
  • Companies interested in PayPal and Venmo acceptance capabilities may telephone +1.866.497.4717 or email [email protected] to contact a SoftTouch representative.

Flutterwave Partners with Amole to Facilitate Remittances into Ethiopia to Amole's Digital Wallet and Bank Accounts

Retrieved on: 
Thursday, May 20, 2021
Economy, Flutterwave, Cashless society, Cash, Remittance

"\nAsfaw Alemu, CEO of Dashen Bank, said: "We are happy to partner with Flutterwave in delivering crucial forex that will support both our customers and Ethiopia.

Key Points: 
  • "\nAsfaw Alemu, CEO of Dashen Bank, said: "We are happy to partner with Flutterwave in delivering crucial forex that will support both our customers and Ethiopia.
  • Amole as payment and commerce platform we are increasingly focused on cashless payments and cross-border eCommerce transactions.
  • Our combined efforts in enabling seamless and interoperable remittance and eCommerce payments will drive much desired financial inclusion in Ethiopia.
  • Flutterwave has an infrastructure reach in over 33 African countries, including Nigeria, Uganda, Kenya, South Africa and now Ethiopia.

Charlotte Knights Select Appetize to Enable Cashless Environment at Truist Field

Retrieved on: 
Thursday, May 20, 2021
Baseball, Banking, Software, Sports, Mobile, Wireless, Other Retail, Professional services, Hardware, Specialty, Technology, Food, Beverage, Retail, Other Technology, BB&T Ballpark, Economy, Truist Stadium, Cashless society, Articles, North Carolina, Truist Field, Truist Financial, Charlotte, North Carolina, Cash

b"Appetize , a leading digital and mobile commerce platform, has been selected by Truist Field in Charlotte, North Carolina, to power all concessions with cloud ordering technology and a fully cashless experience.

Key Points: 
  • b"Appetize , a leading digital and mobile commerce platform, has been selected by Truist Field in Charlotte, North Carolina, to power all concessions with cloud ordering technology and a fully cashless experience.
  • \xe2\x80\x9cFans will experience a next-generation cashless platform that\xe2\x80\x99s frictionless and convenient, so they can spend more time enjoying the games.
  • Formerly BB&T Ballpark, the stadium was renamed to Truist Field in June 2020 and was completely rebranded, from the video board to staff apparel.
  • For more information, visit MiLB.com .\nFor more information regarding Appetize, please contact Jimmy Im at Appetize.\n"

Mogo’s Payments Platform, Carta Worldwide, Awarded Visa Ready Certification

Retrieved on: 
Thursday, May 20, 2021
Mobile, Wireless, Technology, Finance, Security, Banking, Professional services, Networks, Internet, Data management, Consumer electronics, Payment cards, Payment systems, Carta Worldwide, Near-field communication, Cashless society, Visa Inc., Mogo

b'Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (\xe2\x80\x9cMogo\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), a digital payments and financial technology company, today announced that its wholly owned payments platform, Carta Worldwide (\xe2\x80\x9cCarta\xe2\x80\x9d), has been granted a Visa Ready certification through its Visa Ready for Fintech Enablers program.

Key Points: 
  • b'Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (\xe2\x80\x9cMogo\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), a digital payments and financial technology company, today announced that its wholly owned payments platform, Carta Worldwide (\xe2\x80\x9cCarta\xe2\x80\x9d), has been granted a Visa Ready certification through its Visa Ready for Fintech Enablers program.
  • Carta provides vital processing technology to a wide range of companies and powers over 100 card programs.
  • Carta is currently operating in Europe, APAC, Latin America, Canada and the U.S.\nThe Visa Ready Fintech Enablement Program provides partners like Carta with access to Visa\xe2\x80\x99s growing partner network through top of the funnel awareness, go-to-market support to uncover new markets, and newly launched Visa products and solutions.
  • Mogo\xe2\x80\x99s wholly owned subsidiary, Carta Worldwide, also offers a digital payments platform that powers the next-generation card programs from innovative fintech companies in Europe, North America and APAC.