Payment service provider

Vida Markets Teams Up with Cricpayz for Enhanced Payment Solutions

Retrieved on: 
Thursday, December 28, 2023

JOHANNESBURG, Dec. 28, 2023 /PRNewswire-PRWeb/ -- In today's fast-paced trading environment, the importance of flexible and swift payment options cannot be overstated. Traders, constantly navigating the volatile waters of the financial markets, require payment solutions that match the speed and agility of their trading strategies. Understanding this, the globally regulated brokerage Vida Markets has chosen to cooperate with Cricpayz--an innovative payment platform. With this step, the broker not only affirms the ever-changing needs of today's traders but also positions itself at the forefront of customer-centric financial services.

Key Points: 
  • Vida Markets, a globally regulated brokerage, announces a strategic partnership with Cricpayz, an innovative payment platform, recognizing the critical importance of fast and flexible payment solutions for traders navigating volatile financial markets.
  • Traders, constantly navigating the volatile waters of the financial markets, require payment solutions that match the speed and agility of their trading strategies.
  • Understanding this, the globally regulated brokerage Vida Markets has chosen to cooperate with Cricpayz--an innovative payment platform.
  • The newly introduced Cricpayz emerges as a dynamic PSP in India, famous as an Alternative Payment Method (APM) for enhanced financial flexibility.

Citi Leads Strategic Investment Round in Colombian Fintech Supra

Retrieved on: 
Monday, December 11, 2023

Citi has led a strategic investment round in Supra.

Key Points: 
  • Citi has led a strategic investment round in Supra.
  • Far Out Ventures and H20 Capital also participated in the financing round.
  • Supra is a Colombian fintech that enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import and export activities.
  • The investment was led by Citi’s strategic investments arm, which invests in innovative fintech companies that are aligned to Citi’s core businesses.

Save Earth Mission's Ecosystem Receives Prestigious PSP License in UAE, Pioneering a Green Finance Revolution in Dubai

Retrieved on: 
Tuesday, November 7, 2023

Save Earth Mission's Global Founder, Mr. Sandeep Choudhary, expressed his excitement about this pivotal milestone: "Receiving the PSP license in the UAE is a testament to our dedication to integrating green finance with innovative payment solutions.

Key Points: 
  • Save Earth Mission's Global Founder, Mr. Sandeep Choudhary, expressed his excitement about this pivotal milestone: "Receiving the PSP license in the UAE is a testament to our dedication to integrating green finance with innovative payment solutions.
  • Key highlights of Save Earth Mission's PSP license and its positive impact:
    Cutting-Edge Payment Solution: Save Earth Mission's forthcoming payment solution will offer a seamless and secure transaction experience with state-of-the-art technology.
  • This approach is aligned with Save Earth Mission's vision to support green finance while reducing financial burdens on users.
  • Green Finance Pioneers: Save Earth Mission is at the forefront of a Green Finance Revolution in Dubai, emphasizing the importance of integrating environmentally responsible financial practices with economic growth.

Sift Expands Fintech Coverage to Address Digital Risk in Emerging Payments

Retrieved on: 
Tuesday, October 24, 2023

The announcement was made at Money20/20 USA in Las Vegas, where Sift is a 4 star sponsor exhibiting at booth #4208.

Key Points: 
  • The announcement was made at Money20/20 USA in Las Vegas, where Sift is a 4 star sponsor exhibiting at booth #4208.
  • To address these challenges, Sift is introducing a range of features specific to the payments ecosystem: expanded payment coverage, weighted cohort ML modeling, and a customizable UX.
  • Sift has expanded its payment coverage by introducing non-traditional payment automation, investigation, and ML model training.
  • “By providing fintech companies with deep insight on emerging payment methods and their different risk profiles, they can better serve their own customers while further reducing fraud and maximizing revenue.”

FV Bank Announces Rollout of Custody Money Market Accounts

Retrieved on: 
Monday, October 23, 2023

MONEY 20/20: FV Bank ( www.fvbank.us ), a leading U.S. licensed global digital bank, today announced the launch of a Custody Money Market Account for qualified clients.

Key Points: 
  • MONEY 20/20: FV Bank ( www.fvbank.us ), a leading U.S. licensed global digital bank, today announced the launch of a Custody Money Market Account for qualified clients.
  • The Custody Money Market Account, now active and operational, provides a unique opportunity for qualified account holders to earn income on their account balance and enjoy easy transfers between their bank accounts and their custody money market account.
  • The Custody Money Market Accounts are held in FV Bank’s Trust division as custodial accounts and are self-directed by the account holders.
  • For more information about the Custody Money Market Account and FV Bank's integrated banking services, please visit www.fvbank.us or visit FV Bank at Money 20/20 at Booth #14618.

Mitsubishi UFJ Trust and Banking Corporation and Binance Japan Commence Joint Study to Explore New Stablecoin Issuance Using Progmat Platform to Accelerate Web3 Adoption

Retrieved on: 
Tuesday, September 26, 2023

Both companies intend on commencing stablecoin operations by the end of 2024 upon completion and approval of applicable regulatory approvals by Binance Japan.

Key Points: 
  • Both companies intend on commencing stablecoin operations by the end of 2024 upon completion and approval of applicable regulatory approvals by Binance Japan.
  • Tatsuya Saito, Founder and CEO of Progmat Inc, Vice President of Product of MUTB, said: "We believe that the new stablecoin from this collaboration will be a step forward in advancing the Web 3.0.
  • Among them, Binance has a strong position in the existing crypto assets trading world, and the impact of having the most secure stablecoin functioning within this ecosystem is immeasurable.
  • Takeshi Chino, General Manager of Binance Japan, said: "We are honored to partner with MUTB to explore issuing new stablecoins in Japan through the Progmat platform.

Global Non-Cash Transaction Volumes Set to Reach 1.3 Trillion in 2023

Retrieved on: 
Thursday, September 14, 2023

The Capgemini Research Institute’s 2023 World Payments Report , published today, reveals non-cash transaction volumes will reach 1.3 trillion by 2023 globally.

Key Points: 
  • The Capgemini Research Institute’s 2023 World Payments Report , published today, reveals non-cash transaction volumes will reach 1.3 trillion by 2023 globally.
  • The expanding digital payment infrastructure, regulations, and open banking are swiftly changing how customers and businesses pay for goods and services.
  • Expectations are also changing, with 63% of corporate clients are demanding a retail-like payment experience from their banks in 2023.
  • End-to-end digital transformation in transaction banking requires top-down commitment, cohesive planning, and a unified purpose for structural reforms.

Owlin adds Consumer Sentiment & Review Data to its offering in its journey to transform risk management for Payment Service Providers

Retrieved on: 
Tuesday, September 12, 2023

Owlin's latest offering heralds a transformative shift towards proactive, cost-effective, and highly efficient risk management.

Key Points: 
  • Owlin's latest offering heralds a transformative shift towards proactive, cost-effective, and highly efficient risk management.
  • Furthermore, Owlin's Consumer Review Feature is a significant advantage in the world of adverse media monitoring, helping improve merchant risk management.
  • In-depth Risk Profiles - Craft comprehensive risk profiles based on a blend of signals and consumer feedback, ensuring that risk management decisions are data-driven and merchant-centric.
  • With this latest consumer review offering Payment Service Providers are equipped with a new set of state of the art tools to manage risk effectively and build trust for merchants and consumers.

TECS, A Bluefin Company, Achieves Girocard Certification to Process German Domestic Debit Cards

Retrieved on: 
Tuesday, August 1, 2023

Bluefin today announced that its Austrian subsidiary, TECS Payment Solutions, has achieved the German Banking Industry Committee’s (GBIC) Girocard certification based on NEXO v4.0 standards.

Key Points: 
  • Bluefin today announced that its Austrian subsidiary, TECS Payment Solutions, has achieved the German Banking Industry Committee’s (GBIC) Girocard certification based on NEXO v4.0 standards.
  • This certification extends the TECS payment platform for Germany initially with high-performance Android SmartPOS terminals supplied by Newland Payment Technology.
  • As the leading debit card in Germany, Girocard conducted over 6.7 billion transactions in 2022.
  • With TECS’ Girocard certification, the German market will benefit from an open platform with access to new generations of SmartPOS devices and streamlined Girocard payment acceptance.

Provident Bank Welcomes Diane Gigliotti as SVP, Controller and Mary Brown as SVP, Chief Compliance Officer

Retrieved on: 
Tuesday, July 25, 2023

Diane Gigliotti has joined the bank as Senior Vice President, Controller.

Key Points: 
  • Diane Gigliotti has joined the bank as Senior Vice President, Controller.
  • Prior to joining Provident, she was Chief Financial Officer & Managing Director with the BBVA New York Branch.
  • The Bank also announced that Mary Brown has been appointed to the position of Senior Vice President, Chief Compliance Officer.
  • Ms. Brown attended Hunter College in New York and the National Compliance School at Purdue University, where she completed courses in the Graduate School of Compliance.