The post Altcoins Rebound as Bitcoin Gains Strength; TerraClassic (LUNA) & Terra (LUNA) Could Rise By 20% Soon appeared first on Coinpedia Fintech News The crypto markets are consolidating again as Bitcoin price failed to sustain above $67,000, displaying some weakness among the bulls. The selling pressure does not appear to have mounted, but without a rise in the buying volume, it may certainly be possible for the star crypto to sustain above the range. Now that the BTC price is consolidating, altcoins are gaining strength, including popular ones like TerraClassic (LUNC) & Terra (LUNA). Both the sister-tokens are displaying a huge possibility of a bullish breakout, while a bullish close for the day may confirm the trend. TerraClassic (LUNC) Price Analysis The TerraClassic price has been trading within a falling wedge for quite a while, and the recent rebound from the bottom has brought an influx of notable bullish momentum Currently, the price is heading towards the upper resistance but the buying pressure has dropped considerably, which could hamper the pace of the rally RSI is also heading slowly towards the average range, which suggests the token may maintain an ascending consolidation for a while Therefore, the LUNC price is believed to range high and test the upper resistance by this weekend and if bulls display some strength, a breakout could be imminent, which may lead the price towards $0.00012. With this, the possibility of ranging to $0.00015 could be high Otherwise, a rejection may lead towards a sideway accumulation within a range-bound level between $0.00011 and $0.000098 until the next price action Terra (LUNA) Price Analysis The Terra price appears to be extremely bullish, as the price has accomplished a retracement after a pullback The price has formed a double top, which suggested the token could face a bearish pullback and as a result, the crypto faced a 60% drop However, the price has secured within the crucial resistance and the MACD has displayed a bullish crossover, suggesting a bullish continuation Therefore, a price rise to $0.87 may be expected if the bulls display strength in the next few days.
GoCardless, the bank payment company, expanded its partnership with Intuit QuickBooks, a financial management software, with two new launches.
Marking the one-year anniversary of its Singapore office, Trulioo, the identity platform for person and business verification, has revealed that it achieved a 90 per cent business verification rate across the APAC region, including in markets with minimal data availability and multiple languages. Trulioo explained that its commitment to Asia-Pacific (APAC) has proved vital for payments providers, online marketplaces and financial services companies expanding into Europe and North America, as well as for organisations venturing into the region. Trulioo highlighted how its 24/7 implementation support helps APAC-based brands expand into new markets, meet complex regulatory requirements and quickly onboard customers and merchants. It revealed that it has supported one e-commerce platform to quickly verify brands in China and the US, saving more than a week of manual processing time onboarding each business. Meanwhile, a global remittance provider has expanded into 30 markets, including Bangladesh, China, the US, India, Indonesia and the Philippines, with Trulioo support. Its largest market is China, where Trulioo delivers an average match rate of 92 per cent for the provider’s target demographic. Ivan Yang, APAC operations director at Trulioo Ivan Yang, APAC operations director at Trulioo heads the Singapore office and has seen the firm’s global footprint expand under his guidance. He has helped develop strategic alliances with over 400 partners across 50 countries. “Our customers rely on cutting-edge, customised capabilities to meet their full range of verification needs, no matter the region or business type,” he explained. “Our 24/7 implementation support has been instrumental in helping our customers expand and meet regional compliance mandates. The APAC market is dynamic, and we’re proud to be there around the clock with verification guidance that drives measurable growth.” Propelling Trulioo growth across APAC Trulioo also helps APAC organisations navigate complex regulatory obligations while doing business overseas, particularly in markets such as Europe and North America. That support includes automating manual Know Your Business processes, such as mapping cross-border links among businesses and owners. Steve Munford, CEO of Trulioo, discussed the identity platform’s effort in the region: “APAC is pivotal to Trulioo, and Ivan has been a force in driving unprecedented growth throughout the region. In one year, he has assembled an exceptionally dedicated team adept at providing unparalleled support to customers while driving innovation and propelling our growth throughout the region.” Trulioo also offered further examples of how it has supported businesses in the past year: A global e-commerce brand working with Trulioo has identified and verified over one million Chinese businesses and their owners. A payment processor in APAC that onboarded sole proprietorships at scale partnered with Trulioo and has now expanded that verification to Japan, Canada, Australia and the UK. The post Trulioo Celebrates APAC Successes One Year After Opening Singapore Office appeared first on The Fintech Times.
Square has expanded the availability of offline payments, no connection required, to every hardware device, in every country.
In a major move to enhance the checkout experience for millions of people, the payments tech firm unveils the new Trustly Growth Guarantee.
Brightwell has launched Latitude, a platform designed to let businesses deliver cross-border reimbursements to customers.
Fintech-as-a-service provider Soft Space and JCB International Co have jointly introduced Malaysia's inaugural JCB payment gateway.
VC activity remained consistent throughout the VC downturn since Q3 2022, "leaving aside the tech giant megadeals," according to PitchBook data.