Articles with tag: ares

Found 27 results in 250 milliseconds.

eToro rolls out GoodDollar to deliver Universal Basic Income

News | Cryptocurrencies | 11 Sep 2020

E-trading brokerage eToro has launched a corporate social responsibility initiative GoodDollar (G$), aiming to bring Basic Income to the mainstream, delivered on the blockchain, according to Forbes.

eToro, GoodDollar, Universal Basic Income, UBI, Basic Income, blockchain, G$, coin, digital currency, CARES Act, financial stimulus, United States

The UK to generate one-quarter of all digital payments in Europe in 2020

News | Online Payments | 13 Aug 2020

BuyShares has revealed that the UK is expected to generate 25% of all digital payments from Europe in 2020.

BuyShares, study, UK, digital payments, Europe, mobile payments, POS, digital commerce, ecommerce

Huntington Bancshares taps BillGO for bill payment solution

News | E-invoicing, SCF & E-procurement | 13 Aug 2020

US-based regional bank holding company Huntington Bancshares has partnered with US-based bill payments system BillGO to create new bill payment capabilities for customers.

Huntington Bancshares, BillGO, bills, payments

Cynopsis Solutions, FaceTec partner to facilitate the digital onboarding process

News | Digital Identity, Security & Online Fraud | 07 Aug 2020

Singapore-based company Cynopsis Solutions has partnered with FaceTec to provide a secure ID verification solution, empowered with 3D liveness detection.

Cynopsis Solutions, FaceTec, ID verification, liveness detection, ID theft, fraud, Digital User Onboarding platform, ARES, e-KYC, onboarding experience, AI, real-time digital verification, FaceTec 3D Face Authentication

TransferWise valuation jumps to USD 5 bln in USD 319 mln secondary share sale

News | Payments General | 29 Jul 2020

TransferWise has announced secondary sales amounting to a total of USD 319 million at a new valuation of USD 5 billion.

neobanks, Monzo, N26, bunq, TransferWise for Banks API, TransferWise, payments, SMEs, bank account, money transfers, cross border payments, shares, valuation

PayByFace launches touchless payments with facial biometrics in Romania

News | Mobile Payments | 28 Jul 2020

Romania-based fintech PayByFace has launched a biometric facial recognition-based payments system to Tucano Coffee shops in Bucharest.

Paybyface, biometric payments, biometrics, mobile payments, Romania, Tucano Coffee, Bucharest, payments

Visa launches contactless payments on public transport in 500 cities

News | Mobile Payments | 20 Jul 2020

Visa has rolled out contactless payment capabilities for public transportation in over 500 cities to support the rising demand for safer ways to travel.

Visa, launch, contactless payments, public transport, cards, Cubic Transportation Systems, London, Miami, New York, Sydney, Vancouver, tap-to-pay, Brussels, Bratislava, Bucharest, Hong Kong, Santo Domingo, Turin, COVID-19, Europe, US, contactless card, mobile wallet, fingerprint security

Lendio provides USD 8 bln in PPP loans to small businesses

News | E-invoicing, SCF & E-procurement | 03 Jul 2020

Online lending platform Lendio has facilitated USD 8 billion in Paycheck Protection Program (PPP) loans for 100,000 small businesses to date.

Lendio, PPP loans, small businesses, US, United States, COVID-19, relief funds, CARES Act, small business aid program, fintech, lenders, financial institutions

Brussels to investigate German regulator over Wirecard

News | Payments General | 26 Jun 2020

Brussels has announced it will call for a probe into whether Germany-based banking regulator BaFin failed in its supervision of Wirecard.

Brussels, Germany, Wirecard, BaFin, investor trust, Europe, EU, Valdis Dombrovskis, breach of union law, European Securities and Markets Authority, shares

Wirecard files for insolvency after ex-CEO was arrested in EUR 1.9 bln scandal

News | Digital Identity, Security & Online Fraud | 26 Jun 2020

Wirecard has filed for insolvency, just days after a EUR 1.9 billion accounting scandal at the company was unveiled, thus leading to the arrest of its former chief executive.

Wirecard, insolvency, accounting scandal, Markus Braun, shares, fraud, fake transactions

JD.com raises almost USD 4 bln in its Hong Kong Stock Exchange debut

News | Ecommerce | 18 Jun 2020

China-based ecommerce player JD.com has raised almost USD 4 billion after making its Hong Kong Stock Exchange debut.

JD.com, Hong Kong Stock Exchange, US, fake transactions, shares, American stock exchanges, ecommerce

PrettyLittleThing acquired by Boohoo

News | Ecommerce | 01 Jun 2020

Online fashion retailer Boohoo has announced it acquired PrettyLittleThing, Ecommerce News reports. 

PrettyLittleThing, acquisition, Boohoo, ecommerce, online fashion, retailer, shares

SpotOn teams up with SoFi

News | E-invoicing, SCF & E-procurement | 06 May 2020

SpotOn, a US-based software and payments company, has partnered with SoFi, an online personal finance company, to provide merchants access to lenders who can help them.

SpotOn, SoFi, partnership, SMBs, Federal Stimulus Loan Programs, merchants, lenders, EIDL, PPP, CARES Act, loans, payments, POS, software, customer care

Funding Circle launches pre-application system for Paycheck Protection Program

News | E-invoicing, SCF & E-procurement | 07 Apr 2020

Funding Circle has announced the launch of a pre-application system for small business owners interested in funds from the Paycheck Protection Program (PPP).

Funding Circle, Paycheck Protection Program, SBA, CARES Act, US, COVID-19, lending, fintech, Lendio, banks

Reuters: Alibaba might buy at least 10 percent stake in Chinese courier Yunda

News | Ecommerce | 01 Apr 2020

Alibaba is looking to buy the stake from Yunda’s controlling shareholders who own 52.19% of Yunda through their wholly owned company Shanghai LuoJieSi Investment Management, according to Reuters’ sources.

Yunda. Alibaba, China, shares, funding, ecommerce, delivery, parcels

Swiss Blockchain Federation releases guidance on digital equity issuing

News | Cryptocurrencies | 12 Dec 2019

Fraud Prevention and Online Authentication Report 2019/2020

The Swiss Blockchain Federation has published guidelines for issuers of digital equity and related tokens.

Swiss Blockchain Federation, digital equity, digital bonds, tokens, blockchain, shares, Switzerland, financial technology

Squarespace launches POS system powered by Square

News | Payments General | 18 Nov 2019

Squarespace has announced their new POS system utilising a partnership with mobile payment processor Square, eSellerCafe.com reports.

Squarespace, POS, Square, payment processing, in-store payments

Fintech lender StreetShares partners with Americas rural Farm Bureau Bank

News | Payments General | 09 Oct 2019

StreetShares, which offers business loans to US citizens, has partnered with rural US Farm Bureau Bank to provide small business lending services to Farm Bureau’s members nationwide.

StreetShares, lending, US Farm Bureau Bank, small businesses

Ripple to invest USD 50 mln in MoneyGram for XRP adoption

News | Cryptocurrencies | 18 Jun 2019

Cryptocurrency company Ripple has announced an investment of up to USD 50 million into money transfer company MoneyGram.

Ripple, investment, MoneyGram, XRP, cryptocurrency, money transfer, agreement, partnership, shares, payments, crypto assets, token

Lawsuit claims Lyft misled investors in its IPO prospectus

News | Digital Identity, Security & Online Fraud | 21 May 2019

A class-action lawsuit has claimed Lyft misled investors in its filing to go public, and its shares dipped as much as 3.6%, while the stock ended trading up 1.6%.

Lyft, lawsuit, investors, IPO prospectus, fraud, misleading, stock, shares, US, mischief, market share, safety