Search Results for: Global Payments
China tops world fintech rankings
December 6th, 2016
China has outpaced London, New York and Silicon Valley to become the world’s undisputed global fintech leader, according to a report by DBS and Ernst & Young. Neal Cross, DBS chief innovation officer, says favorable government policies and regulations ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
Ernst & Young Switzerland Will Accept Bitcoin Next Year
November 29th, 2016
The Swiss branch of global professional services firm Ernst & Young is set to begin accepting bitcoin payments next year. Starting in January, EY Switzerland will accept bitcoin for invoice payments, the firm said last week. The company will also launch ...
Payment card acceptance expanding fast in developing markets
November 25th, 2016
Rural expansion is driving rapid growth in card acceptance in developing markets, while regulation and new technology are boosting acceptance in more developed markets Underserved regions are showing the fastest growth According to RBR’s latest research, Global Payment Cards ...
Wearable Payment Market to Grow Nearly 60% CAGR to 2020
November 24th, 2016
The global wearable payment market analyst says one of latest trends in the market is decline in cost of wearable devices. Smartwatch, which is one of the latest technologically advanced fashionable accessories, has high growth prospects but is expensive ...
Verifone Engage Goes Live in Europe
November 22nd, 2016
Verifone (NYSE: PAY) announces the European launch of Verifone Engage with the all-in-one countertop solution, Verifone V200c, installed at Anne Rueschenschmidt, a boutique fashion retailer in Rheine in northern Germany. A key strategic milestone in building a commerce-enabled payment ...
The UK and China have reached a new fintech agreement
November 16th, 2016
In the latest example of cross-border cooperation between governments on fintech, the UK and China agreed to form a fintech bridge on Thursday, as part of a series of new measures to strengthen economic ties between the countries. The UK already has ...
MAS, R3 and Financial Institutions experimenting with Blockchain Technology
November 16th, 2016
The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail ...
Bitcoin Prices in India Soar Amid Demonetization Drive
November 15th, 2016
Prime Minister Narendra Modi’s decision to combat the underground economy is a blessing in disguise for companies working in the cashless space, which includes mobile wallets, card companies and even bitcoin. Bitcoin, the eight-year old virtual currency, has been gaining ...
Payment solutions provider Paysafe issued Trading Update
November 10th, 2016
Paysafe Group plc (LSE: PAYS, “Paysafe” or the “Group”), a leading global provider of payment solutions, issues the following scheduled trading update covering the period since the release of the Group’s Half-Year Results on 10 August, 2016. Current trading ...
