Tag: Visa
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New Debit Cards: Weko Takes A Look At The Beautiful Fintech World!
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Swiss banks are wooing customers with fee-free and digitally-enabled debit cards. But it’s the merchants who are footing the bill. The Competition Commission is now opening a formal investigation against each card giant, Visa and Mastercard.
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Visa And Mastercard Support Suspicion Of Wirecard Fictitious Transactions!
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The former CEO Markus Braun denies allegations of fictitious transactions. In the Wirecard trial, Braun is accused of billion-dollar fraud.
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Saudi FinTech Company Geidea Partners With Visa To Accelerate Digital Payments In Egypt!
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Fintech company Geidea has entered into a strategic partnership with U.S. financial services provider Visa to accelerate its digital payment solutions in Egypt. Under the agreement, Visa will invest in launching new payment solutions through Geidea’s point-of-sale terminals to provide seamless and secure payment solutions to merchants and small and…
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Astra Partners With Visa For Faster A2A Payments!
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US fintech company Astra (website) has partnered with Visa to enable faster payments for millions of end users and plans to offer instant card-to-card financing as a service. Astra uses Visa Direct, Visa’s real-time payment service, to enable users to fund cards, wallets, and other accounts with their eligible debit…
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Sudanese Fintech Bloom Gets $6.5M!
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Bloom (website), a Sudan-based fintech company that offers a high-interest savings account and digital banking services, has secured a $6.5 million seed round funding. That funding round included fintech giant Visa, Y Combinator, U.S.-based VCs Global Founders Capital (GFC) and Goodwater Capital, and UAE-based early-stage venture firm VentureSouq.
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Starling Bank CEO Anne Boden Calls Crypto A Threat To Our Financial System!
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Anne Boden, CEO of the Goldman Sachs-backed UK FinTech Starling Bank has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure. Cryptocurrencies are a threat to the safety of our payment schemes and very dangerous, she said at the Money 20/20 fintech…