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June 7, 2023

Top Post

On the web

Zilch Opens Its Revolutionary ASPN to Third Parties Across the Globe – Advancing a Multi-Trillion-Dollar Payments and Advertising Marketplace


"Zilch, the pioneering direct-to-consumer (D2C) payments technology and advertising platform, is today announcing the official rollout of its Ad-Subsidised-Payments-Network (ASPN) to third parties through open APIs. The proprietary ad-sales platform has demonstrated unprecedented performance, delivering outstanding results for retailer partners and, more importantly, providing customers with over $160 million in savings via cashback, rewards and interest-free credit."

Spreedly Launches New Advanced Vault Solution


"Spreedly, the provider of the leading Payments Orchestration platform, today announced it has launched the first of its kind, complete vaulting solution for payments teams. Spreedly's Advanced Vault optimizes payment methods by combining modern lifecycle features and network tokenization with active management."

On the wires

June 6, 2023

On the web

Ripple Begins Work on Cross-Border Network for Digital Assets


"Ripple’s digital currency platform is built on blockchain technology which supports the XRP token. Already tackling cross-border transfers through its blockchain technology, Ripple is looking for ways to partner with each other to make its mark on dozens of digital currency projects To this end, Ripple recently released the CBDC Platform, a product that enables central banks, governments, and financial institutions to issue their own central bank digital currencies and stablecoins."

On the wires

Paysign and Spentra Announce Integration and Payroll Card Program

Business Wire

"Paysign, Inc., a leading provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services and integrated payment processing, today announced their partnership with Spentra, a fintech company specializing in pay access solutions for employers and employees."

June 5, 2023

On the web

JPMorgan Uses Blockchain for 24/7 Dollar Transfers with Indian Banks


"Global financial services company JPMorgan continues exploring the benefits of blockchain, deploying the technology to eliminate some restraints of traditional finance. The banking giant has partnered with six major Indian banks to introduce a blockchain-based platform enabling interbank settlement of U.S. dollar transactions, Bloomberg reported on June 5."

June 2, 2023

On the web

Deutsche Bank to Use Recycled Plastic for Cards

Fintech Finance

" In the future, Deutsche Bank will only use payment cards made from recycled plastic. From mid-2023, it will gradually switch the production of the cards to recycled material. By the end of 2024, 99 percent of all new cards issued by the bank will be produced using so-called rPVC (recycled PVC), by which time old, non-recyclable stock will be used up."

China Is Doubling Down on its Digital Currency

Foreign Policy Research Institute

"China’s central bank continues to take aggressive steps toward assimilating the digital yuan within its domestic financial system. Despite these efforts, less than a fifth of the Chinese population have utilized it."

Fintech Giant Stripe is Getting into the Credit Game


"Stripe wants to make it easier for businesses to access credit. The private financial infrastructure giant announced a new charge card program today from Stripe Issuing , its commercial card issuing product, Denise Ho, head of product for BaaS at Stripe, told TechCrunch exclusively."

First Real-World, Cross-Border Settlement Using Australian CBDC Completed Through NexPay and Monoova

The Fintech Times

"The Reserve Bank of Australia (RBA), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), held an invitation-only conference in Sydney for participants in the Australian Central Bank Digital Currency (CBDC) pilot project. In a live demonstration, Monoova’s CTO Nicholas Tan, successfully completed the first real-world, cross-border settlement using the pilot CBDC."

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