Author: TMC Admin

The New Payments Architecture (NPA) represents the future development of the UK’s retail payments infrastructure. Let’s take a look at what NPA is and how it will improve the payments ecosystem. The original ambition and scope for NPA was the consolidation of all current payment types, including Faster Payments, Banker’s Automated Clearing Systems (BACS) and…

Together Zwipe and Germany’s Fidor Bank will be piloting biometric payment cards throughout the second half of this year, with the scheme being powered by the Zwipe Pay technology platform. Fidor Bank is a digital bank headquartered in Germany. Founded in 2009, the bank serves customers in the retail, corporate and institutional sectors. Biometric cards…

2022 has not been crypto’s year so far. After a huge rise in November 2021, the crypto market has for the most part been on a downhill trend ever since. This was made extremely apparent at the start of May, when TerraUSD (UST) and $LUNA (Luna) collapsed, sending the entire crypto market in a downward…

Embedded finance is already bringing significant disruption to the consumer market. So why is business finance lagging behind? Richard Prime This is the narrative explored here by Sonovate‘s co-founder and co-CEO, Richard Prime, who delves into the success of embedded finance, and what the industry can take from that journey to better the business financing…

As the race to reduce carbon emissions accelerates across the built environment, machine learning-led decarbonisation platform Ecolibrium has launched its sustainability solution in the UK, after raising $5million in a pre-Series A funding round. Founded in 2008 by entrepreneur brothers Chintan and Harit Soni at IIM Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship in India, Ecolibrium provides expert…

Mastercard has joined forces with the US International Development Finance Corporation (DFC) to help deepen financial inclusion in Guatemala, Honduras and El Salvador. DFC and Mastercard unveiled their first joint programme during the Ninth Summit of the Americas, an international conference held in Los Angeles, in response to the Call to Action for Central America.…

One month after bagging $160million in a series D funding round, Thought Machine – the cloud native banking technology company – has introduced a new, cards and payments processing platform – Vault Payments. Launching initially with support for card issuing and processing on the Mastercard network, Vault Payments is a cloud-native payments processing platform that…

The positive difference between income and expenses has grown by a quarter in three years. As the average Filipino household’s income had hardly increased, the savings were formed largely due to reducing costs, supported by a number of contributing factors, revealed by the analysts of Robocash Group. Robocash Group analysts estimate that in the second…

Brazilian fintech Remessa Online has joined forces with Modulr and Ripple to drive its cross-border payments from Brazil into the UK and Europe. Payments platform Modulr and enterprise blockchain and crypto solutions provider Ripple announced a partnership to enable seamless payments into the UK and Europe in Februrary 2022. Here, the partnership aims to make it…

Telephony Communication Technologies has embarked on its metaverse journey, as it leverages Web 3.0 technologies to bring merchants even closer to consumers. The Dubai-based communication services and solutions provider has announced the soft launch of its metaverse arm ‘TCTx’ on 28 June in tandem with the birthday of business magnate Elon Musk, who the company…