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Visa launch real-time payments platform Visa Direct in Europe
Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border payments for businesses and consumers. Visa Direct enables person-to-person (P2P), business-to-consumer (B2C), and business-to-business (B2B) payments. With Visa Direct, funds can be transferred into the recipient’s [...]
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The World’s most cashless countries – Infographic
A new study has found the countries among the 20 largest economies who are adapting quickest to using cashless systems like phones and contactless cards – revealing that Canada narrowly edges out Sweden for the top position. Investigating twenty of the world’s most significant markets, the study looks into contactless card saturation, number of debit [...]
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Mastercard opens up API access to blockchain platform
Mastercard says that it will open up access to its in house blockchain technology platform via an application programming interface (API) which will be made available to developers at banks and retailers. The company has filed for over 35 patents in blockchain and invested in Digital Currency Group, a collaborator that builds, incubates and seeds [...]
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A fresh look at Asia’s payment landscape
Digital payments are growing rapidly in Asia, fuelled by increasing smartphone ownership and improving access to the internet. An increasing array of solutions such as digital wallets, mobile payment apps and stored value cards are making money transfers, be it remittance or payments of goods and services, simpler and more convenient – according to a [...]
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Spanish consortium launches blockchain based Alastria
A consortium of Spanish banking, energy and teleco heavyweights have established blockchain based national network dubbed Alastria. The non-profit “world’s first regulated national network based on blockchain”, will develop distributed ledger technology (DLT), which it believes is “set to become the new data exchange ecosystem”. As reported in previously, this same group created Red Lyra, the [...]
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