APEXX Global demonstrates confidence in face of Brexit uncertainty
- 7 years 5 days ago
- Payments
APEXX Global, the first single marketplace for global payments, is today announcing its confidence in Britain as a continued leader in FinTech, despite the uncertainty around Brexit, by unveiling future plans following an unprecedented 12 months of growth.
Flywire and JCB Offer New Payment Option for International Students
- 7 years 5 days ago
- Payments
Flywire and JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., today announced a new partnership that provides international students with a new method for making cross-border tuition payments. The program, which officially launched on September 27, allows cardholders in select countries and regions mainly in Asia to use their JCB card to pay tuition at any one of the 2,000 plus schools around the...
Revolut is Going Global through New Deal with Visa
- 7 years 5 days ago
- Payments
Revolut says the expanded relationship with Visa will bring its bank-like product offerings to five new regions, reaching 24 new markets for a total of 56 markets globally. Under the terms of the agreement, Revolut will primarily issue Visa-branded cards in the global expansion. Jack Forestell, chief product officer, Visa, says: “With Visa being accepted at nearly 54 million merchant locations across more than 200 countries, we have the scale,...
Insurtech Policy Expert Secures Double Award Win for Digital Technology and eCommerce
- 7 years 5 days ago
- E-Commerce, Insurtech
Policy Expert, the digital home insurer, is celebrating two award wins, having been named a ‘National Winner’ in the 2019 European Business Awards – one of the world’s largest business competitions – as well as ‘Best Financial Services eCommerce’ at the eCommerce Awards 2019. The insurtech firm has been recognised at the European Business Awards as the best business in the UK among its peers for innovative use of technology.
Sweden’s First Neobank P.F.C. Selects Mambu
- 7 years 5 days ago
- Banking
P.F.C. (Personal Finance Co.), the Stockholm-based neobank, today announced that it has gone live on Mambu’s leading SaaS banking engine. Ten months after the initial launch, P.F.C. sustains a monthly growth rate of 35% and has rapidly gained a foothold in Sweden’s competitive fintech market. The partnership helps P.F.C. accelerate the deployment of its innovative features and products aimed at simplifying everyday financial use.
Neptune Announced the Addition of NatWest Markets to its Dealer Community
- 7 years 5 days ago
- Data
Neptune Networks Ltd. (Neptune) the fixed income network for disseminating real-time data, today announced the addition of NatWest Markets to its bond dealer community, making it the 29th participating bank to join the network. The Neptune network provides a venue for investors to consume the highest-quality data, including bond axes/inventory, from their most trusted bank counterparts. This enables institutional investors to be more effective...
M&S Announces Partnership with Ingenico Enterprise Retail to Deliver a True Omnichannel Payment Experience for its Customers in the UK
- 7 years 5 days ago
- Payments
Ingenico Group, the global leader in seamless payments, is proud to announce its new partnership with high-street retail icon, M&S. Both companies will work together to implement a new payment service that will encompass all M&S customer touch points and digital channels, which are critical to supporting its sales and customer experience ambitions.
Visa Launches Resource Portal for Fintechs
- 7 years 5 days ago
- Security
Visa is looking to cosy up to fintech firms through the launch of an online portal giving them "unprecedented" access to its technologies and network. Visa estimates that some $17 trillion in consumer payments are still made with cash or cheques, and that there are 1.7 billion people around the world who are still outside of the formal financial sector.
Britain's Small Traders are Hardest Hit by USA’s Wayfair Sales Tax Bombshell
- 7 years 5 days ago
- Trading Systems
The international delivery expert ParcelHero has released a new industry study looking at the impact of America’s controversial Wayfair ruling one year on; and it’s found that the effect it has had on UK sellers has been exactly the opposite of what had been expected.
Blockchain Data Privacy Startup StrongSalt has Raised $3 Million in a Seed Financing Round
- 7 years 5 days ago
- Blockchain, FinTech StartUps
StrongSalt, a California-based startup, has raised $3 million in a seed financing round from Valley Capital Partners, the company announced on Thursday. With the freshly raised funds, the company is planning to develop its encryption platform-as-a-service for developers and enterprises.
PayPal Joins Belgium's KBC Mobile Account Aggregation Package
- 7 years 5 days ago
- Banking
Belgium's KBC has added PayPal balances and transactional information to its mobile bank account aggregation app. The inclusion of PayPal, alongside Argenta, Belfius, BNP Paribas Fortis and ING, reflects the great strides the company has made in insinuating itself into people's everyday shopping and payments habits. KBC says the move to add PayPal followed a consultation with customers in which one-third of users said they would like to check...
Euro Area Card Payments Double in a Decade
- 7 years 5 days ago
- Payments
The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank. In 2018, card payments accounted for almost half of the total number of non-cash payments across the single-currency area. Credit transfers and direct debits were the second and third most common non-cash payment methods,...
iSunOne Indicated in Nasdaq Interview as the Future of Blockchain Banking
- 7 years 5 days ago
- Blockchain
TideiSun Group's Chairman Mr. Chen Ping, and CEO Ms. Robin Xie, were invited by the NASDAQ exchange in September to introduce the company's flagship platform iSunOne -- an asset management APP combining private chatting with global instant payment.
Unionbank’s API Marketplace Encourages Philippine Fintechs To Go Global
- 7 years 5 days ago
- Banking
UnionBank of the Philippines' (UnionBank) globally-awarded API Marketplace is enabling fintechs to scale growth through co-creation and reaching a wider audience for their APIs. It is one of the largest in Asia with over 200 open APIs, and a regional network with connectivity to the ASEAN Financial Innovation Network (AFIN) and its API Exchange -- an initiative by the International Finance Corporation (IFC) and the Monetary Authority of...
Mastercard Partners with Levi Strauss & Co., Marks & Spencer and VF Corporation on Programs to Help Garment Factory Workers Build More Secure Financial Futures
- 7 years 1 week ago
- Payments
Mastercard today announced a global effort to pay garment factory workers digitally, a pivot the industry is making from traditional cash payroll to ensure workers receive their hard-earned wages securely and consistently. With industry partners including Levi Strauss & Co., Marks & Spencer and VF Corporation, and in conjunction with global nonprofit BSR (Business for Social Responsibility), this program aims to improve the wellbeing of...
