A digital fiat currency and government-issued mobile money platform could transform the Sub-Saharan African economy, according to nanopay CEO Laurence Cooke, who recently visited East Africa to explore opportunities in the region and has returned with some key insights. First and foremost, he said, banking in...
FitPay, the startup technology platform that adds contactless payment capabilities to wearable and IoT devices, has announced a partnership with Discover. Co-founders Michael Orlando and Chris Orlando told PYMNTS that adding this third major payment network to the FitPay platform will allow device partners and...
Jewel Paymentech has forged a capital alliance with Japan’s largest payment processor, GMO Japan, which will be leading the startup’s Series A+ funding round, along with existing backer Tuas Capital Partners. The support will enable the Singaporean startup to make its entry into the highly...
It’s the calm before the storm for Modo Payments, according to the startup’s Founder and CEO, Bruce Parker. It’s everything his startup friends and mentors warned him about: big challenges, big opportunities and the sheer terror and exhilaration that go along with them. Parker said...
There comes a time in every startup’s life when momentum kicks in and everything becomes a whirlwind of activity. Or maybe that’s just startup life in general. Either way, Amaryllis CEO Mark Bishopp said that’s exactly where the startup has found itself this past quarter,...
This time last year, if a customer asked Cascade about cryptocurrency loading, the startup had to tell them, “We don’t do that.” Its partner banks weren’t supporting the feature, so neither could Cascade. But as more and more people started asking about it, Founder and...
Businesses that hope to make 2018 a big growth year must start by asking themselves: “Which of my business operations are non-scalable?” Those are the factors that will hold them back. Pallavi Kuppa-Apte, head of Sales and Marketing for the startup Chargehound, said that’s the...
Startup Emailage stopped almost twice as much potential fraud in 2017 as it did in the previous year. Content marketing manager Chad Koskie broke it down by the numbers: Against the backdrop of $180 billion in transactions running through the system, $1.8 billion in potential...
Integrated receivables are a concept that many bank customers are now considering as they look to consolidate all their payment streams, whether paper or electronic. Typically, when an ACH payment is received electronically, the company gets a deposit from its customer into a banking account,...
