Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Blockchain

Telr Payment Gateway Announces It Is a Gold Sponsor at Fintech Surge 2022

Published

on

Dubai, United Arab Emirates–(Newsfile Corp. – September 30, 2022) – Telr the award-winning online payment gateway is a gold sponsor at FinTech Surge that is set to take place from 10th-13th of October at the World Trade Center.

Fintech Surge Event was designed to become the main player in evolving and transforming the fintech ecosystem in the MENA region. The event will gather the leading financial services companies, visionaries, banks, fintech regulators, payment gateways, and press under one roof, to build what’s next in fintech for a better customer experience.

Fintech Surge will introduce the most trending topics in the FinTech world through sessions run by powerful FinTech panelists from around the world, and Telr’s CEO Khalil Alami and COO Esraa Gamal will take part in those fruitful panels, participating in two of them, with the first one being for the COO Esraa Gamal “The Customer is the King – Providing a Tailored Experience Across the Customer Journey” on 11th of October at 13:45 and the second one for The CEO Khalil Alami “BNPL, Point-of-Sale (POS) Financing and the Future of Credit Card” on 13 of October at 12:00.

Telr’s priority is to contribute to all major events in UAE and KSA to support the continuous efforts taken towards the transition to digital payments to achieve a cashless society. Telr’s Team will be at booth Z4-i06 in Za’abeel Hall number 4, interacting with consumers on a personal level, and helping them scale up their business seamlessly through 120 currencies and 30 languages with the highest level of security. Through one simple integration, Telr provides access to every payment method it offers in UAE and KSA.  

With its one-stop shop mindset, Telr provides comprehensive solutions for the ecommerce world, with a large selection of financial and business services including, payment links, QR Codes payments, digital invoicing, Buy Now Pay Later service (BNPL), a merchant financing program, and an easy-to-use tool for creating an online store in five minutes.

Khalil Alami, CEO and Co-Founder, Telr Payment Gateway said, “We are excited to be meeting merchants keen to scale their business online by utilizing our optimized solutions.”

About Telr

Established in 2014, Telr is an award-winning, Dubai-based offering payment gateway solutions for SME’s, government bodies and large corporates. Its wholly owned, unique platform enables it to handle complex or unique payment methods or integrations. TELR was awarded with the prestigious Start-up of the Year award in 2014. In 2015 it won Best Payment Product in the Middle East award, whilst in 2017 it was awarded Innovative Vendor – Fintech at the 2017 GEC Awards in Dubai. Telr continues to be listed as one of the most funded and top fintech companies in The Middle East by several esteemed publishing houses such as Forbes among others.

With a fast-growing presence in the UAE, Saudi Arabia, and India, TELR is building a wider regional presence in the MENA Region. TELR enables businesses to transact in over 120 currencies with payment platform capabilities in 30 languages & it provides customers with a range of financial & business services that include social commerce, QR Codes, BNPL, e-Commerce Platform, Business Loans, Payment links, Anti-fraud protection, Shopping Cart Integrations, & more.

TELR is the first PCI DSS Level 1 certified company in MENA (payment security standards council).

For more information, please contact:

Zena Asfour
Marketing and Communications Manager
00962795800803
[email protected]

About Dubai World Trade Centre:

With a vision to make Dubai the world’s leading destination for all major exhibitions, conferences and events, DWTC has evolved from being the regional forerunner of the fast-growing MICE industry into a multi-dimensional business catalyst, focusing on Venues, Events and Real Estate Management. Complementary to the primary service offerings are a range of value-added services from media/advertising, engineering and technical consultation and wedding planning, security services and an award-winning hospitality portfolio. To know more about the Dubai World Trade Centre, kindly visit their website.

For more information, please contact:

Fintech Surge 2022’s official PR agency, Jensen Matthews PR, via: [email protected]

Media Contact

Company Name: Fintech Surge
Email ID: [email protected]
Company Website: Fintechsurge.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/138890

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Virtualness want to be the Canva of Blockchain:Kirthiga Reddy

Published

on

virtualness-want-to-be-the-canva-of-blockchain:kirthiga-reddy

Virtualness is positioning itself as the Canva of the blockchain world, according to Kirthiga Reddy. Reddy, the former Managing Director of Facebook India, is now the CEO of Virtualness. She believes that the platform can empower users to create content and communities in the virtual space, similar to Canva’s success in the design world.

Virtualness aims to provide tools and resources that simplify the process of creating and managing virtual communities. Reddy envisions the platform as a one-stop destination for individuals and businesses looking to leverage the power of blockchain technology for community building.

The platform offers a range of features, including customizable templates, social media integration, and analytics tools, designed to streamline the creation and management of virtual communities. Reddy highlights the platform’s user-friendly interface and intuitive design as key factors in its appeal to users.

Virtualness is tapping into the growing demand for virtual experiences and communities, driven by the shift towards remote work and digital interaction. Reddy sees immense potential in the platform’s ability to democratize access to blockchain technology and empower users to create meaningful connections in the virtual world.

With Virtualness, Reddy aims to democratize access to blockchain technology and empower users to create meaningful connections in the virtual world. She believes that the platform has the potential to revolutionize the way people interact and collaborate online, much like Canva has transformed the design industry.

Virtualness has already garnered attention from investors and industry experts, positioning itself as a promising player in the burgeoning virtual community space. Reddy’s vision for the platform reflects her deep understanding of the digital landscape and her commitment to driving innovation in the blockchain industry.

Overall, Virtualness is poised to make a significant impact in the virtual community space, offering users a powerful tool to create, manage, and monetize their virtual experiences. With Reddy at the helm, the platform is well-positioned to become the go-to destination for virtual community building, much like Canva has become synonymous with design excellence.

Source: exchange4media.com

The post Virtualness want to be the Canva of Blockchain:Kirthiga Reddy appeared first on HIPTHER Alerts.

Continue Reading

Blockchain

Sei Foundation proposes a version 2 network upgrade to bring EVM compatibility

Published

on

sei-foundation-proposes-a-version-2-network-upgrade-to-bring-evm-compatibility

Sei Foundation, the overseeing entity of the Sei blockchain operating at Layer 1, has taken a significant stride towards version 2 of its network, as revealed in an announcement made on Monday. Spearheaded by Sei Labs, this upgrade aims to elevate the blockchain’s performance by introducing a high-performance instance of parallelized Ethereum Virtual Machine (EVM).

Following the necessary approval of the governance proposal, the network upgrade is scheduled to take place one week later. This swift timeline underscores the Sei team’s dedication to continually enhancing the efficiency of their network.

The introduction of Sei’s parallelized EVM marks a notable technological advancement in the company’s operations. This innovation enables Ethereum-based contracts to be seamlessly deployed on the Sei platform, resulting in near-instantaneous execution. Such a feature drastically reduces transaction validation times, significantly elevating existing efficiency and effectiveness standards.

Version 2 of Sei’s blockchain, slated for release, will support Ethereum and parallel execution, akin to other high-performance blockchains like Solana. This development further solidifies Sei’s standing as a formidable player in the industry. The upcoming Sei v2 update will also compete with other parallelized EVMs, including popular ones like Monad and Neon, in the fiercely competitive blockchain landscape.

Sei Labs has already indicated that the current upgrade is poised to attract significant interest, given the applications available on Ethereum. Notable investors and partners such as Uniswap, Frax, X2Y2, Bancor, Balancer, Rarible, Layer Zero, Nansen, and The Graph are currently in discussions with Sei to access v2. The anticipated adoption of Sei v2 is a significant testament to the platform’s potential to emerge as a leading hub for blockchain collaboration.

Since its beta launch on the mainnet within Cosmos in August 2023, Sei has primarily focused on applications developed with Rust that run on Cosmos. However, with the introduction of Sei v2, the team intends to expand its reach by engaging both new and existing users and optimizing network compatibility. This strategic pivot aims to foster inclusivity and adaptability for development.

Having secured substantial funding in April 2023, Sei Labs is now prioritizing the transition to Sei v2. The successful funding round, which raised $30 million across two rounds from investors such as Jump and Multicoin Capital, underscores Sei Labs’ commitment to supporting the Sei blockchain ecosystem financially and technologically.

The recent developments at Sei exemplify a strategic direction aimed at enhancing the blockchain’s efficiency and competitiveness. By embracing cutting-edge technological innovations and bolstering support for Ethereum-based applications, Sei positions itself as a potential catalyst for its services and a significant player in the blockchain industry. Investors and the broader tech community are closely observing how this substantial change could shape the future of blockchain.

Source: cryptonewsz.com

The post Sei Foundation proposes a version 2 network upgrade to bring EVM compatibility appeared first on HIPTHER Alerts.

Continue Reading

Blockchain

Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End

Published

on

brazil-central-bank-crafting-crypto-regulation-plan,-expected-by-year’s-end

Brazil’s central bank has revealed a multi-phase strategy to regulate cryptocurrency and virtual asset service providers, intending to finalize the regulatory framework by the year’s end.

These regulations will establish guidelines to ensure and enforce increased transparency regarding the potential benefits and risks associated with these investments, the bank stated. It opted for a phased approach to effectively oversee Brazil’s cryptocurrency service market.

“The contributions received will be utilized as we proceed, and the regulatory proposals are slated for completion by the end of 2024,” the bank added.

Reuters reported that the central bank’s recent decision delays the finalization of the process, following a 2022 law granting the bank authority to formulate these regulations.

During a congressional hearing in the previous year, Otavio Damaso, the central bank’s director of regulation, anticipated completing the crypto regulations by June 2024.

In December 2023, the bank conducted a public consultation on the matter, concluding in January. Subsequently, it announced a new public consultation scheduled for the latter half of this year.

The central bank informed Reuters that the initial consultation aimed to gather feedback from the public on the proposed regulations, also addressing aspects not covered by the 2022 law, such as the segregation of assets by virtual asset service providers. To this end, the first public consultation necessitated “considerable dedication from the involved teams.”

Additionally, the bank is progressing with the regulation of stablecoins, especially those utilized for payments and foreign exchange.

Brazil Restricts Crypto Contributions in Elections
In an effort to curtail cryptocurrencies’ role in campaign finance, Brazilian authorities recently enforced a ban on crypto donations to political parties and candidates.

The electoral court defended this ban, underscoring the importance of transparency and traceability in campaign financing. It reiterated its commitment to safeguarding elections “against irregular or illicit practices.”

Source: cryptonews.com

The post Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End appeared first on HIPTHER Alerts.

Continue Reading
Advertisement
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE