Europe is still the kingdom of cash, but the digital euro will change everything
What would your reaction be if you were told that in Europe, more than half of all transactions in shops take place in cash? I was surprised because I was…
High-tech cash: Japan launches banknotes with hologram portraits
By Irene Wang and Kantaro Komiya TOKYO (Reuters) – Japan began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional portraits of the founders of financial and…
US to accelerate some payments to hospitals after UnitedHealth hack
By Michael Erman UnitedHealth hack: NEW YORK (Reuters) – The U.S. government said on Tuesday it will accelerate Medicare and Medicaid payments to some hospitals hurt by a hack at…
Healthcare providers hit by frozen payments in ransomware outage
By Raphael Satter, Christopher Bing and Patrick Wingrove WASHINGTON (Reuters) – Healthcare providers across the United States are struggling to get paid following the week-long ransomware outage at a key…
Rent2Cash, the first start-up that advances up to 3 years’ rent to property owners
Rent2Cash, the first start-up that advances up to three years’ rent to property owners, has arrived on the market. Rent2Cash combines prop-tech and fintech in a ‘rental advance’ service, converting…
Tapster ring payments with a fingernail: the future is near
Mastercard unveils two innovative technologies to pay quickly and securely Tapster payments fingernail ring: Cash is hard to die, but with contactless payments, technology has for years been offering a…
Britain sets out safeguards for accessing cash in digital age
By Huw Jones LONDON (Reuters) – Britain’s banks and building societies should make sure customers can still access cash before closing a branch as more financial services move online, the…
Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) – Twitter‘s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said…
Prommt is revolutionizing remote payments for enterprises and clients
Easy online payments are essential in an age of e-commerce and digital transformation. Founded in 2017, Prommt is a successful platform revolutionizing remote payments for enterprises and their clients. Its…
Block says Cash App has 44 million verified monthly users after Hindenburg report
By Manya Saini (Reuters) – Block Inc said on Thursday 44 million of its more 51 million monthly active customers on Cash App were verified through its identity program as…