Category: digital currencies

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.…

Everyone is talking and working on Web3. Jack Dorsey is going even further, talking about Web5 powered by Bitcoin. Web3 is the new evolution of the web that’s powered by crypto. On Web2 platforms like Facebook and Twitter, users can only “read and write.” On Web3 platforms, users can “read, write and own” — meaning…

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…

Companies in the UK can use US bank details to accept payment from US customers with no fees via Revolut Business. Revolut, the global financial superapp with more than 500,000 business customers worldwide, has launched new fee-free USD transfers to the UK. Revolut offers US bank details to its UK business customers, enabling them to…

Thirteen banks connected to Swedish instant payments solution Swish are set to test the Nordic payments platform P27 by the end of the year. P27 is described as the enabler of the API economy for the financial services sector in Nordic countries. A joint initiative by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and…

Analysis of online search trends has revealed California to be the United States’ biggest crypto market, generating the most engaged region for digital assets.  The research, conducted by the online casino and sportsbook operator JeffBet, analysed online search data, covering a period of 12 months, comparing searches for 20 cryptocurrency-related keywords across each one of the…