. 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.
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...
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 […]
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 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 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
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.
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...