digital economy
Atlantic-Pacific Processing Systems and Global Oculus have partnered to provide businesses with a real-time digital currency acceptance, clearing and settlement solution. The companies will pilot merchant acceptance of leading digital currencies for consumer purchases using fast trade execution speeds equivalent to traditional credit card transaction processing timeframes. Banks, acquirers and independent sales organizations will be […]
Digital payments platform PayPoint is stepping up the benefits for its digital solution, PayByLink to help businesses meet customer needs and provide greater support for the financially vulnerable. With the latest enhancements to PayByLink Recurring Payments, businesses can enable customers to decide whether to make a single, one-off payment, or set up a recurring payment. […]
Clair, a social impact embedded fintech startup transforming how hourly employees get paid, announced a partnership with Mastercard to provide financial wellness for America’s 82 million non-exempt workers, building on the two companies’ shared mission to foster a more inclusive digital economy. Starting immediately, users who sign up for Clair will receive the Clair Debit Mastercard, which […]
Pakistan-based online money management platform SadaPay and Mastercard have announced the launch of numberless, contactless-enabled cards in the Middle East & Africa region to allow users to transact in simpler, faster and more secure way. This will further strengthens Mastercard’s commitment to promote financial inclusion in emerging markets and encouraging the adoption of secure digital payment methods. The launch […]
Coinsquare has announced the launch of its new Quick Trade mobile app. The Quick Trade mobile app makes buying and selling digital assets quick and convenient, with customers able to easily manage their portfolio of digital assets. The app is available in English and French and offers features like simplified KYC process, instant account funding via Interac e-Transfer, […]
Following the announcement of the national digital identity and the electronic Know-Your-Customer (eKYC) platform in April 2019, the Central Bank of Bahrain (“CBB”) has announced the successful launch of eKYC by financial institutions in the Kingdom as part of its initiatives for digital transformation in the sector. The national eKYC platform, which was the first […]
OIO Holdings Limited announced the appointment of Rudy Lim, former Head of FinTech at DBS Bank, as Chief Executive Officer (CEO) of its Blockchain Division, OIO Singapore Pte Ltd. The appointment of Rudy, a FinTech expert, is expected to further accelerate OIO’s blockchain business. Rudy has been a vocal advocate of the challenges traditional banks […]
Mastercard has launched the Digital Acceleration for Small Businesses microsite across most of its Asia Pacific websites with information and resources on how to digitalize and run businesses more efficiently. This collaboration aims to help small and medium enterprises (SMEs) recover from the pandemic and prepare for the future. To enhance the resources for SMEs, […]
Standard Chartered has partnered with Bukalapak to launch innovative offerings to further advance its focus on digital banking. Hosted on the nexus platform, a banking-as-a-service solution by Standard Chartered’s SC Ventures unit, the Bank will work with Bukalapak to expand access to financial services for consumers across the market, potentially positively impacting the lives of […]
Walgreens has partnered with Synchrony and Mastercard to expand its financial services offering as part of its ongoing commitment to offer differentiated healthcare services and benefits to customers. Walgreens will soon launch credit cards, issued by Synchrony, as well as a prepaid debit card, both of which will be powered by the Mastercard network. TheThe credit cards will closely connect with […]