Cashless society

Cantaloupe, Inc.’s 2024 Micropayment Trends Report Reveals Surge in Cashless and Touchless Payments, and Micro Market Growth

Retrieved on:

Wednesday, April 24, 2024

Technology, Payments, Finance, Fintech, Professional Services, Software, Food, Beverage, Hardware, Retail, COVID, Cashless society, Multimedia, Growth

The findings showcase a significant rise in cashless and touchless payments, along with the growth of micro markets in the convenience industry.

Key Points:

The findings showcase a significant rise in cashless and touchless payments, along with the growth of micro markets in the convenience industry.
View the full release here: https://www.businesswire.com/news/home/20240424685298/en/
The Cantaloupe, Inc. 2024 Micropayment Trends Report tracked data from 600,000 card readers and showed a huge surge in cashless and touchless payments.
The report also highlights trends in cash versus cashless payments and tracks the growth of micro markets.
For the first time ever, the Cantaloupe 2024 Micropayment Trends Report analyzed payment data from micro market kiosks.

Global Payments Industry Research 2024: Digital Transformation and Technology Adoption Driving Innovations - Trends, Opportunities, & Forecasts to 2029 - ResearchAndMarkets.com

Retrieved on:

Tuesday, April 23, 2024

The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising.

Key Points:

The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising.
The rise in global e-commerce is another factor contributing to the growth of digital payments.
Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options.
North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology.

Light & Wonder Taps Trustly to Power Cashless Payments at Casinos

Retrieved on:

Wednesday, April 10, 2024

Trustly, the global leader in Open Banking Payments, and Light & Wonder, the leading cross-platform global games company, are bringing cashless, in-person deposits to casino floors with Light & Wonder’s cashless solution, RAPIDPLAY™.

Key Points:

Trustly, the global leader in Open Banking Payments, and Light & Wonder, the leading cross-platform global games company, are bringing cashless, in-person deposits to casino floors with Light & Wonder’s cashless solution, RAPIDPLAY™.
The in-person payments feature of Trustly Pay™ can also be paired with Trustly ID™, a powerful identity solution that supports comprehensive AML compliance by leveraging bank-grade KYC information.
“Trustly is the leader in Online Banking Payments with a proven track record in online sports betting and we’re proud to work with them to power our cashless solution on casino floors,” said Jon Wolfe, President of Global Systems and Services at Light & Wonder.
TRUSTLY ® and the TRUSTLY Logo, TRUSTLY PAY, and TRUSTLY ID are trademarks or registered trademarks of Trustly Holding AB.

Sports Betting Market size to grow by USD 143.73 billion from 2023-2027, Market growth at 10.09% CAGR expected during the forecast period, Technavio

Retrieved on:

Monday, March 25, 2024

By geography, the global sports betting market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.

Key Points:

By geography, the global sports betting market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.
The report provides actionable insights and estimates the contribution of all regions to the growth of the global sports betting market.
Pure Win emerges as a significant player in the online sports betting market, capitalizing on the fastest growing market segment.
The Global Horse and Sports Betting Market size is estimated to grow by USD 171.87 million accelerating at a CAGR of 9.64% between 2023 and 2027.

Authvia Secures Second Patent, Reinforcing Pioneer Status in Pay-by-Text

Retrieved on:

Thursday, November 30, 2023

Authvia, a leader in conversational commerce technology and the pioneer of tokenized Pay-by-Text, proudly announces the issuance of their second patent, U.S. Patent No.

Key Points:

Authvia, a leader in conversational commerce technology and the pioneer of tokenized Pay-by-Text, proudly announces the issuance of their second patent, U.S. Patent No.
Authvia aims to empower all businesses to engage and transact with customers securely and seamlessly over text and other messaging channels.
Chris Brunner, CEO of Authvia, emphasizes, "In today's business landscape, customer interactions are moving increasingly to text and chat.
Authvia connects the business, consumer, and payment processors quickly and easily, expediting cash flow and streamlining the payment process.

GBank Financial Holdings Inc. Confirms Agreement to Merge with BankCard Services, LLC

Retrieved on:

Thursday, December 14, 2023

Bank, Cashless society, Financial institution, BCS, BankCard Services, Fairness opinion, Wallet, FDIC, Banks Board Bureau, The Company, Environment

LAS VEGAS, Dec. 14, 2023 /PRNewswire/ -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH), the parent company for GBank (the "Bank"), and BankCard Services, LLC ("BCS") today announced that they have executed a definitive merger agreement whereby the Bank will acquire BCS in an all-stock transaction.

Key Points:

LAS VEGAS, Dec. 14, 2023 /PRNewswire/ -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH), the parent company for GBank (the "Bank"), and BankCard Services, LLC ("BCS") today announced that they have executed a definitive merger agreement whereby the Bank will acquire BCS in an all-stock transaction.
BCS patented Pooled Player (PPA™) and Pooled Consumer (PCA™) Programs shall expand cashless payment solutions to a growing network of gaming and payments partners and financial institutions.
This strategic decision shall afford GBank greater opportunity to harness BCS proprietary solutions including licensing our intellectual property to other Financial Institutions."
Janney Montgomery Scott LLC has issued a Fairness Opinion to the disinterested board subcommittee of the Company and Bank Board of Directors.

Nagad wins Visa Excellence award-2023

Retrieved on:

Monday, October 2, 2023

Transfer, Bangladesh Government Press, MFS, CyberSource, Government, Visa, VISA, Cashless society, MP, Ecosystem, Sheraton Hotels and Resorts, Bangladesh Bank, Payment card, Cryptocurrency, Design, Film industry

Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".

Key Points:

Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".
Founder and Managing Director of Nagad Ltd. Tanvir A Mishuk said, "It is an honour for us to have been recognised by our partner, VISA.
Mentionable, in 2022, Nagad, as the first MFS company in Bangladesh, was conferred with the "Excellence in Fintech Product Innovation 2022" award by Visa.
Such accolades include WITSA Global ICT Excellence Award 2020, Inclusive Fintech 50, and Mastercard Excellence Award 2022 in two categories for digital innovations in Bangladesh's financial industry.

Nagad wins Visa Excellence award-2023

Retrieved on:

Monday, October 2, 2023

Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".

Key Points:

Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".
Founder and Managing Director of Nagad Ltd. Tanvir A Mishuk said, "It is an honour for us to have been recognised by our partner, VISA.
Mentionable, in 2022, Nagad, as the first MFS company in Bangladesh, was conferred with the "Excellence in Fintech Product Innovation 2022" award by Visa.
Such accolades include WITSA Global ICT Excellence Award 2020, Inclusive Fintech 50, and Mastercard Excellence Award 2022 in two categories for digital innovations in Bangladesh's financial industry.

CasinoTrac to Launch Unified, End-to-End Cashless with Koin Payments, Marker Trax

Retrieved on:

Wednesday, June 21, 2023

Trac, Partnership, CMS, Headache, Marketing, Koin, Trax, Patent, Cashless society, OTCQX, Video game

The technology blend becomes ‘Cashless in a Box™,’ providing a feature rich, regulated digital wallet for all casino/resort spend activities, providing the casino operator with the ability to extend their branded guest experience, outside the casino and off property.

Key Points:

The technology blend becomes ‘Cashless in a Box™,’ providing a feature rich, regulated digital wallet for all casino/resort spend activities, providing the casino operator with the ability to extend their branded guest experience, outside the casino and off property.
Embedding Koin & Marker Trax financial services functionality with the reliable and proven CasinoTrac CMS, is the realization of my original vision.”
In approved markets, Cashless in a Box not only packages the mobile, gaming, and financial technology but, also provides a launch plan with marketing, player education support making it easier for operators of all sizes to enjoy the benefits of cashless operations, with less headaches.
“Koin and Marker Trax have been at the forefront of bringing consumers the digital solutions they want in the gaming space, and we’re proud to work with partners like Table Trac who share that vision.”
“Cashless is no longer the industry’s future; it’s the present,” Marker Trax President Charlie Skinner added.
“Companies like Table Trac are embracing this technology and all-in-one functionality for the ultimate benefit of their customers, and of the industry as a whole.”

Morgan Stanley at Work Launches Carver Edison’s Cashless Participation® on Shareworks to Help Stock Plan Participants Build Wealth

Retrieved on:

Tuesday, June 13, 2023

Venture Capital, Software, Internet, Finance, Banking, Professional Services, Technology, Fintech, Morgan Stanley, Workforce, Work, Corporation, Cashless society, Security (finance)

Morgan Stanley at Work and Carver Edison , a financial technology company, announced today that Shareworks has joined Equity Edge Online® in offering Cashless Participation® to U.S.-based corporate clients.

Key Points:

Morgan Stanley at Work and Carver Edison , a financial technology company, announced today that Shareworks has joined Equity Edge Online® in offering Cashless Participation® to U.S.-based corporate clients.
Since the initial launch of Cashless Participation® on Equity Edge Online®, stock plan participants have purchased more than one million shares1 with Cashless Participation®.
Now that Shareworks has also launched the tool, a wider cohort of Morgan Stanley at Work corporate clients will have access.
The launch of Cashless Participation® on Shareworks means that Morgan Stanley at Work stock plan participants can now participate in this offering regardless of which platform serves them.