The European Central Bank (ECB) published a call for development partners to explore user interface (UI) models for a potential digital euro. There were 54 applicants and 5 partners have been selected to develop UI prototypes for specific use cases of a digital currency.
Mastercard partnered with Hi, a crypto exchange and app provider, to produce personalized debit cards featuring the image of an NFT avatar the cardholder already owns. The Hi card will support NFTs from approved collections, which include CryptoPunks, Moonbirds, Goblins, Bored Apes and Azukis.
Payment platform provider Xpate offers support to small and midsized merchants including instant access to funds from ecommerce sales. The company offers that liquidity in partnership with Latvia-based Industra Bank.
Amsterdam-based Adyen, Europe’s seventh largest merchant acquirer, will soon begin marketing two mobile point-of-sale devices. Both were designed in-house and operate on the Adyen platform.
Paying with the swipe of a hand rather than with a card or mobile device is the business of Walletmor. The company provides an implant containing a passive near field communication (NFC) chip, which has no power source but can write data to a card reader.
NearPay, a crypto protocol provider, launched virtual-card and digital-wallet services for residents of the EEA and the UK. The NearPay Wallet is available for iOS and Android operating systems and supports 38 cryptocurrencies.
NEOFY is a cloud-based provider of a predominantly pay-as-you-go SaaS platform that enables creation of a regulatory-compliant and operationally ready neobank.
Real-world applications that leverage the great power of quantum computing technology are not years away from making a commercial impact as many IT department heads believe. Financial institutions including Bank of Canada, BBVA and CaixaBank are already working with the technology, which uses the laws of quantum mechanics to solve problems that are too complex for legacy, silicon-based “classical” computers.
Small businesses in the US that hold American Express Business Card accounts are being offered a business-to-business (B2B) digital payment service for domestic and international transactions that will clear and settle outside of the company’s merchant network.
Azure, the cloud computing service of Microsoft, will host digital services for Nexi, a top European provider of merchant acquiring, card account processing, digital banking and corporate payment services.
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