Breaking News
Global Tier-1 Bank to Pilot Zwipe Pay ONE Biometric Payment Cards in Three European Countries
Zwipe is proud to announce a biometric payment cards pilot with a Global Tier-1 bank. The bank, which is headquartered in Europe, has a strong presence in retail banking and serves many millions of customers across several continents. The pilot will take place in three European countries using biometric payment cards based on the Zwipe Pay ONE platform.
Across many global markets, Zwipe and its card manufacturing partners are experiencing growing interest in biometric payment cards from banks. These cards will deliver world class transaction security, uplifted user experience, improved loyalty, and drive new customer acquisition. Delivering a completely touch-free check-out experience above and below the current contactless limits, biometric payment cards will address elevated consumer concerns about touching the point-of-sale terminals.
Together with its card manufacturing and personalization partners, who will deliver the Zwipe Pay ONE Biometric Cards, Zwipe will commence working with the Global Tier-1 Bank later this month with the aim to launch a pilot of a few hundred cardholders across three European countries in Q1 2022. The bank also plans for a commercial launch of Zwipe Pay ONE based biometric payment cards later in the summer 2022, subject to positive results in the pilot.
André Løvestam, CEO of Zwipe said, “We are thrilled that a Global Tier 1 bank has chosen Zwipe Pay ONE-based biometric payment cards for their pilot and, potentially, for a commercial launch where the long-term potential could be significant. Besides the technology, Zwipe will also support the bank through all stages of the pilot, ensuring that all end users’ experiences and feedback are systematically captured. This Zwipe Pay ONE pilot is a significant milestone and a testament to our world-class technology and excellent collaboration with strong partners in all parts of the payments ecosystem.”
This is information that Zwipe AS is obliged to make public pursuant to the Continuing obligations of companies admitted to trading on Euronext Growth Market Oslo, Nasdaq First North Growth Market and the EU Market Abuse Regulation. Certified Adviser on Nasdaq First North is FNCA Sweden AB, Info@fnca.se, +46 (0) 8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, at 12:45 CEST on 2 September 2021.
People In This Post
Companies In This Post
- SUNRATE Secures Bank Negara Malaysia Licence, Enabling Full-Scale Operations in Malaysia Read more
- NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA Read more
- COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure Read more
- Regional Openness and the Shift to Cloud Processing Read more
- TSAM London: MinuteMaster on The Rising Cost of Meeting Inefficiency in Asset Management Read more
SUNRATE Secures Bank Negara Malaysia Licence, Enabling Full-Scale Operations in Malaysia
SUNRATE, the global payment and treasury management platform, announced that it has been granted a Class B licence under the Money Services Business Act 2011 by Bank Negara Malaysia, marking a significant milestone in the company’s continued expansion.
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure
COINPAYMENTS, a leading global digital payments infrastructure provider, has announced a landmark alliance with duPont REGISTRY Group, the world’s premier, high-tech luxury automotive ecosystem, to power digital payment capabilities within its next-generation duPont REGISTRY digital marketplace.
Atos Selected by LCH SA to Migrate its Financial Information Systems to the Cloud
Atos, a global leader of AI-powered digital transformation, announces it has signed a three-year contract with LCH SA, the global clearing house based in Paris, to assist LCH SA with the migration of its financial information systems on a highly secure, SecNumCloud-qualified cloud infrastructure, while guaranteeing full continuity of operations.
KAST Appoints Former SEC Official to Lead Policy Communications as Company Targets US Market Growth
KAST, the global financial platform built on stablecoin rails, announced today that Stephanie Allen, a former senior advisor at the U.S. Securities and Exchange Commission, has joined the company as Head of Corporate and Policy Communications.
Ripple Reinforces Commitment to the Middle East with Expanded Presence in the UAE
Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced an expansion of its presence in the UAE with the opening of its new Middle East and Africa (MEA) regional headquarters in the Dubai International Financial Centre (DIFC), creating capacity to grow its local team as demand for regulated blockchain-powered payment and custody solutions continues to accelerate across the region.
Macquarie Increases Stake in Tenora as it Secures FCA Authorisation as an Electronic Money Institution (EMI)
Tenora Financial Group Limited (Tenora), a financial technology company providing end-to-end foreign exchange (FX) risk management, has today announced two significant milestones that mark a defining moment in its growth. Tenora's UK subsidiary, Tenora Financial Solutions Limited, has received authorisation from the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI), while Macquarie Group, through its Commodities and Global Markets business (Macquarie), has increased its total shareholding in Tenora to 33%, following approval from the Australian Prudential Regulation Authority (APRA).
SUNRATE Secures Bank Negara Malaysia Licence, Enabling Full-Scale Operations in Malaysia
SUNRATE, the global payment and treasury management platform, announced that it has been granted a Class B licence under the Money Services Business Act 2011 by Bank Negara Malaysia, marking a significant milestone in the company’s continued expansion.
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure
COINPAYMENTS, a leading global digital payments infrastructure provider, has announced a landmark alliance with duPont REGISTRY Group, the world’s premier, high-tech luxury automotive ecosystem, to power digital payment capabilities within its next-generation duPont REGISTRY digital marketplace.
Regional Openness and the Shift to Cloud Processing
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
TSAM London: MinuteMaster on The Rising Cost of Meeting Inefficiency in Asset Management
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Atos Selected by LCH SA to Migrate its Financial Information Systems to the Cloud
Atos, a global leader of AI-powered digital transformation, announces it has signed a three-year contract with LCH SA, the global clearing house based in Paris, to assist LCH SA with the migration of its financial information systems on a highly secure, SecNumCloud-qualified cloud infrastructure, while guaranteeing full continuity of operations.
KAST Appoints Former SEC Official to Lead Policy Communications as Company Targets US Market Growth
KAST, the global financial platform built on stablecoin rails, announced today that Stephanie Allen, a former senior advisor at the U.S. Securities and Exchange Commission, has joined the company as Head of Corporate and Policy Communications.