DeFi apps are “smart contracts” or programs running on the Ethereum blockchain. They allow users to deposit their crypto in the contract and it loans it to borrowers with interest. The contracts manage the interest based on the supply and demand. Collateral from the borrowers backs the DeFi loan. Read More: Paying your train ticket…
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Tens of thousands of customers in the US have signed up to the waiting list and now they will have access to the platform’s core features. Like challenger banks Chime and N26, opening an account with Revolut is done through the phone. After installing the app, you send personal details and official documents and you…
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The initiative also contributes to Priceless Planet Coalition. The recently launched Mastercard platform unites corporate sustainability efforts and makes meaningful investments to persevere the environment. The Priceless Planet Coalition is pledging to plant 100 million for a period of over five years together with other partners who share the same commitment to green movements including…
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Laura de Castro Braulio, Head of Marketing at 2gether, shares with LeapRate her insights about being a woman in the fintech/crypto space, and dive deeper into 2gether’ survey findings. LR: What is it like to be a woman in the fintech/crypto space? Laura: We’re living a unique moment in history, where women’s voices are louder…
Read moreMoneyNetint, global payment solutions provider, just announced its strategic partnership with foreign exchange specialist AFEX. The collaboration will improve MoneyNetint and allow it to wider range of services to its clients, taking advantage of AFEX’s API technology. MoneyNetint services clients around the world, processing and facilitating transfers of billions of dollars every year. The AFEX…
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SafeCharge, a Nuvei company, announced yesterday its entry into Slovakia and the Czech Republic and markets with Fortuna Entertainment Group, a betting and gaming operator in Central and Eastern Europe. SafeCharge is also further developing their payment processing capabilities in other countries including Romania and Croatia. Fortuna can accept all standard, local payment methods specific…
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Nuvei, electronic payment processing company, announced yesterday its strategic partnership with the Max Group (MAX), Israel-based financial institution. The collaboration will allow MAX’s commercial customers who wish to set up business activities outside of Israel access to Nuvei’s payment acquiring network in Europe, North America, Latin America, and Asia Pacific. Nuvei also agreed to sell…
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PayPal has completed the acquisition of the deal-finding browser add-on company Honey Science Corporation in a $4 billion deal. This is the largest acquisition for the company in its 20-year history. The e-commerce startup Honey has around 17 million active users per month for whom it provides deal-browser extension services to navigate them through the…
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TemTum, the quantum-secure, ultra-fast, carbon-neutral cryptocurrency network, has just announced the launch of its iOS and Android mobile wallet application. The TemTum network allows any internet-connected device to conduct transactions, including phones, drones, watches, and cars. Clients will now be able to manage their TemTum cryptocurrency with security and simplicity. TemTum was independently tested and…
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Payments platform Paysafe has announced yesterday that it has expanded its omni-channel payments offering through the launch of the Cloud SDK from integrated payments firm Handpoint. The Cloud SDK will allow independent software vendors (ISVs) with cloud-based platforms to provide businesses with enhanced in-person payments. According to Paysafe's Q3 2019 report, US, Canadian, and UK…
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