Blockchain technology is making waves in the 3PL industry. Uncover how how the tech will re-shape the logistics industry and help supply chain management companies reduce costs, improve trust and security, and achieve greater scalability.
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Blockchain technology is making waves in the 3PL industry. Uncover how how the tech will re-shape the logistics industry and help supply chain management companies reduce costs, improve trust and security, and achieve greater scalability.
Following its successful beta launch in Spain, 2gether, the modern mutual banking platform, is announcing its European expansion.
2gether, advised by KPMG and A.T. Kearney, is empowering users across the eurozone to spend their crypto anywhere, anytime, with one swipe of the 2gether card.
Crypto companies have been talking the talk when it comes to mass adoption, but not actually walking the walk. Crypto is still not widely accepted everywhere, and the places that do accept crypto are not usually places that your average person wants to shop, like malls, movie theaters, or local bars. Currently, spending crypto is a long and difficult process involving exchanges, personal keys, and lots of waiting.
2gether’s prepaid Visa debit card allows consumers to spend crypto as easily as if they were euros anywhere, instantly without fees. Whether it be shopping at your favorite boutique or taking a friend out for dinner, users simply swipe their 2gether card and it seamlessly integrates cryptocurrency into the everyday lives of its customers, essentially paying with crypto without even realizing it. Buying new shoes downtown? Swipe your 2gether card and your crypto seamlessly covers it all. Treating mom to brunch? Pay using your crypto with just a single swipe. Pay for parking at the theater, tickets to the premier, and even butter for the popcorn - all with crypto, as easily as swiping a Visa card.
The 2gether customer can:
Pay in Euros or instantly convert 1 of 7 cryptocurrencies to pay with the Visa card: ETH, BTC, XPR, BCH, EOS, XLM, and LTC
Hold and manage euro and crypto balances in the same app
Buy and sell crypto in two clicks with no mark-ups to exchange prices
In the future, 2gether’s platform will be incorporating AI and machine learning technologies to assist with financial management, product choices, and investment decisions best suited to the user.
“2gether is developing the bank of the future, where consumers can take full ownership and control of the services they use and go beyond solely interacting with euros and dollars,” says Ramón Ferraz, CEO of 2gether. “To date, there has been no consumer-owned, tangible application that connects crypto and the mainstream market. We’re proud to be one of the first companies in the crypto space launching a token sale with an already finished product.”
EU citizens can now download the app, pass the KYC process, and be at the top of the waiting list to start using 2gether’s functionalities. On March 27th, 2gether will undergo a token pre-sale of the 2GT as a Virtual Financial Asset under the ticker 2GT. All EU citizens will be able to participate in the pre-sale of €5M and experience all the services featured on the app.
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced an alliance with Dallas-based Solutions by Text to provide organizations the ability to receive payments via SMS.
Integrating Solutions by Text’s software with ACI’s UP Bill Payments will provide customers with simple pay-by-text options, increasing on-time payments and reducing collection costs. Organizations that are currently utilizing ACI’s current version of UP Bill Payments will benefit from this integration.
As the digital texting needs of consumers continues to grow, organizations must be willing to meet them where they are - on their smartphone. By integrating ACI’s UP Bill Payments solution with the Pay-by-Text software from Solutions by Text, organizations in the consumer finance, healthcare, higher education, government and insurance industries can provide their customers with a personalized and convenient payment experience all while being fully compliant with industry regulation. With text payment reminders and the ease of completing a transaction in just a few clicks, consumers will benefit from an overall positive payment experience.
“Text messages have up to a 98 percent open rate and text billing reminders have an overwhelmingly positive customer response, which can’t be said about paper billing statements,” said Danny Cantrell, founder and CEO, Solutions by Text. “As smartphone use continues to advance, offering customers the option to pay-by-text is quickly becoming a necessity as it improves the payment experience through payment reminders and mobile-enabled payment systems. We are happy to join a market leader like ACI Worldwide in improving the overall digital payment experience.”
“The vast majority of Americans (95%) own a cell phone of some kind, according to Pew Research data. As consumers continue to rely more heavily on smartphones for just about everything, it is quickly becoming the device of choice for digital payments,” said Andrew Sajeski, business leader, biller solutions, ACI Worldwide. “To increase consumers’ ability to pay their bills on time in a more convenient way, we are integrating our solution with Solutions by Text to provide a pay-by-text option to consumers, which will drive on-time payments and improve collections.”
More than 3,600 organizations trust ACI Worldwide for improving consumer satisfaction with easy billing and payment options. On average, organizations report a 25 percent increase in consumer satisfaction after partnering with ACI Worldwide’s UP Bill Payment solution, according to independent third-party research.
In related news, ACI recently announced its intent to acquire Western Union’s U.S. domestic bill pay business - Speedpay.
(The Paypers) Romania-based Banca Transilvania has launched an open banking platform that allows fintechs to test integration with bank services.
(The Paypers) US-based fintech ForgeRock has launched a cloud-based testing environment for APIs that enables banks to accelerate open banking and PSD2 compliance.
(The Paypers) The Sudan Finance Ministry has recently signed a USD 300 worth of loan deal with Arab Funds to support trade finance and the balance of payments.