Payments

Global Payments & Discover Financial Services Bring Streamlined Card Acceptance to Canadian Merchants

Today Discover Financial Services and Global Payments Inc., one of the largest worldwide providers of payment solutions, announced a streamlined acceptance solution for Discover cards for merchants in Canada. The new program will simplify acceptance of Discover, Diners Club International, PULSE and affiliated network cards for Global Payments’ merchants in...

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Payments

Remitly Raises $12.5 Million to Enhance its Remittance Services

Remitly, a popular online global remittance service, has announced that it closed a $12.5 million funding round. One of the investors was DFJ which led the round with participation from DN Capital and existing investors QED Investors and Trilogy Equity Partners. Remitly will use the fresh funds to expand its team, scale...

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BankTech

Grouplend Is Moving to Revolutionize Banking for the Future

In recent years, debt has become an antagonizing problem ailing consumers all around the world. High interest rates are causing many to drain their bank accounts for purchases that shouldn’t normally “break the bank”. If that wasn’t enough, attaining a loan through traditional processes is also tedious, slow, and even...

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Blockchain

Physical Tender May Soon Be a Thing of The Past

Well, not quite – but wouldn’t that be convenient?  All too often I find myself plagued by the fragile pieces of paper we assign so much importance to. I guess Wu-Tang was right – cash rules everything around me. So why, in an age where almost anything you can think...

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Payments

The Future is Coming Very Soon - From QSR to Retail

Albert Einstein said: "I never think of the future - it comes soon enough." From QSR to Retail, payments in this realm is changing at a rapid pace. With ongoing changes in customers’ expectations, traditional retailers want to change their business approach. The retail revolution is bringing in context-based services,...

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BankTech

Facebook: It’s Time for Payments!

I’ve been an advocate of Facebook getting into payments for a long time. Back then, skeptics would argue that Facebook had tried and failed (remember Facebook credits?), so Facebook would never again foray into the world of payments. Yet here we are today, with Facebook announcing its Pay feature in...

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Payments

It's Time Swiss Watch Makers Start Thinking About Watch Payments

Swatch, the popular Swiss watchmaker, is coming up with a new line of smart watches that will incorporate NFC to enable mobile payments, as reported by AppleInsider. Swatch has already established partnerships with the bank card association China UnionPay, a Swiss bank, and a major credit card provider, as reported...

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