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Report: Cash and cards still king, trust an issue with wallets

A new study from leading European payment specialists Transact Payments reveals Brits overwhelmingly prefer to carry cash and use cards.            ...

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LootLARP is ’embedding’ NFTs into physical objects for a real-life role-playing game 

A new project is trying to "physicalize" the universe of Loot, the Ethereum-based, user-generated fantasy game. 

The post LootLARP is ’embedding’ NFTs into physical objects for a real-life role-playing game  appeared first on The Block.

Russian Sberbank Is Turning to UnionPay Following the Suspension of Visa and Mastercard

. Visa and Mastercard announced on Saturday that they are suspending operations in Russia within the next several says. Cards that were issued in Russia will cease working outside of Russia.

Lloyds partners fintech Bink to create unified customer loyalty programme solution

Lloyds has also made an equity investment for a minority stake in Bink.

Bulgaria-based Payhawk Raises $100 Million for Business Spend Management

Bulgaria-based Payhawk extended its Series B funding round by $100 million to $215 million. The investment values Payhawk at over $1 billion and brings its total funding to $239 million. The company currently serves businesses in 30 countries and will use the recent funding to pursue further global expansion. Bulgaria may be known more for Read more...

The post Bulgaria-based Payhawk Raises $100 Million for Business Spend Management appeared first on Finovate.

IGT Selling Italian Payments Unit for $788M

International Game Technology (NYSE:IGT) announced today its IGT Lottery S.p.A. is selling its Italian proximity payment business to PostePay S.p.A. — Patrimonio Destinato IMEL — for $788.31 million. IGT’s board of directors approved the transaction, which is slated to close in the third quarter. The buyer wasn’t identified by the gaming company. The sale price […]

The post IGT Selling Italian Payments Unit for $788M appeared first on Casino.org.

ICYMI fintech funding round-up: Blend, Canza, IMAN, NayaPay, NymCard, Plinqit, & Tiiik

Our weekly fintech round-up for you to get the latest funding news.
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FinovateEurope 2022 Sneak Peek: Identity Consortium

A look at the companies demoing at FinovateEurope on March 22 and 23, 2022 in London. Register today and save your spot. Identity Consortium’s Identyum is a platform for establishing trust-based relationships based on credible identity. Features Identyum Sign enables legally valid e-signatures by using cloud eIDAS certificates within Identyum ID Wallet. It enables frictionless and remote Read more...

The post FinovateEurope 2022 Sneak Peek: Identity Consortium appeared first on Finovate.

PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day

PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per DayThe People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s Latest Trial A top official from the Chinese central bank, the […]

Thales Drives Fintech Development in Singapore With EDB’s Support

Thales will drive local development of digital technologies for the 5G, biometrics and fintech sectors with strong support from the Singapore Economic Development Board (EDB). To this end, Thales has

The post Thales Drives Fintech Development in Singapore With EDB’s Support appeared first on Fintech Singapore.

Paysera appoints new CEO, awaits banking licence

Gintautas Mezetis is Paysera's new CEO as it plots a move into the banking business.

Russian Law Enforcement Take Down Several Cybercrime Forums

Russian authorities this week announced that they have seized Ferum Shop, Sky-Fraud, and Trump’s Dumps, three well-known online shops for stolen payment card data.

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Apple Launches iPhone Tap-to-Pay as Payment Acceptance Tool for Merchants

Apple launched its Tap to Pay capability enabling merchants to accept payments via iPhone Stripe will be the first payment platform to offer the new Tap to Pay functionality. The new solution will compete with Block’s Square, PayPal’s contactless QR code payment offering, and others Rumors circulated about the launch of a contactless payment acceptance Read more...

The post Apple Launches iPhone Tap-to-Pay as Payment Acceptance Tool for Merchants appeared first on Finovate.

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