The bitcoin halving took effect late on Friday, cutting the issuance of new bitcoin in half. Bitcoin miners have spent years diversifying their business models and upgrading their facilitates to brace for the cut to revenues. Some mining firms have diversified into supporting the underlying infrastructure necessary for artificial intelligence. AUSTIN, TEXAS — Adam Sullivan …
Tranglo has expanded its cross-border payment network to allow transfers to more than 30 digital wallets. The Singapore-based FinTech announced the expansion Monday (April 8), noting that its direct-to-wallet transfers eliminate the need for intermediaries and ensure funds are available to recipients immediately. “This is especially important for millions of rural recipients, who often lack access to traditional financial …
Navigating Fintech Investment Trends: Essential Insights for Startups In the Year 2024 The fintech industry continues to experience rapid growth and evolution, driven by technological innovation, changing consumer behaviors, and evolving regulatory landscapes. For startups entering the fintech space, understanding the latest investment trends is essential for navigating the competitive landscape and securing funding. In …
PayToMe.co integrated Stripe Connect to scale globally and enhance its payments solutions for platforms and marketplace. The integration will facilitate onboarding, global payouts, payment compliance and know your customer processes, with solutions tailored to the needs of more than 100 countries, the FinTech platform said in a Friday (April 5) press release. “Integrating Stripe Connect propels PayToMe.co into a …
New Delhi,UPDATED: Apr 2, 2024 09:08 IST The debate over working from home has taken centre stage once again, with Zerodha CEO Nithin Kamath weighing in on the discussion. In a post on X, Kamath expressed his views, stating that while remote work suits support roles well due to its structured nature, it may not …
Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform. The companies have formed a strategic partnership that also includes looking at marketing and digitization solutions for Capital A’s entire business ecosystem, which includes AirAsia, AirAsia MOVE and BigPay, according …
The UK is approaching a seismic shift in how people pay, with digital wallets set to comprise half of all e-commerce spend and nearly a third of POS transaction value by 2027, according to a report from Worldpay. While digital wallets first emerged in the late 1990s, the Covid-19 pandemic provided an adoption tipping …
Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to send payments to over 108 digital wallet types and bank accounts throughout countries that include Kenya, the Philippines, Indonesia and Pakistan. Thunes will also implement Visa Direct’s push-to-card capability, to allow …
Image Credits: Eugene Mymrin / Getty Images A couple of years ago, payments orchestration was a foreign term to many large companies Juan Pablo Ortega would speak to. Today, the Yuno co-founder and CEO doesn’t have to do as much explaining. “The perception has changed dramatically,” Ortega told TechCrunch. “Many large companies are now well …
Financial Telecommunication or SWIFT on a billboard December 15, 2022 in Hong Kong, China. NurPhoto via Getty Images With funding for fintech startups having fallen precipitously from the days of ultra-low interest rates and a focus on growth at all costs, a reality is setting in: Disrupting the giants of incumbent financial services is no …