Wirecard, the global innovation leader for digital financial technology, today announced a new strategic partnership with renowned Hungarian e-commerce agency UNAS to offer Wirecard’s payment solutions to its almost 5000 merchants. Through the agreement, Wirecard will be integrated as payment service provider (PSP) for UNAS. As a result, merchants can leverage on Wirecard’s payment solutions for their online shop.

An interview with Pavle Ljujic, CEO of Pannovate.

Financial IT: Can you please tell us more about Pannovate and your background?

As the world adapts to the COVID-19 pandemic, organisations of all sizes are struggling to manage increased demand while working to keep employees safe.

Billhop (billhop.com/ie) has launched a collaboration with Visa in Ireland to enable businesses to pay their suppliers using card, regardless of whether the supplier accepts card payments. As part of the collaboration, Visa cardholders have a preferential rate of 1,99%* with Billhop, considerably lower than the headline rate of 2,95%.

The Emerging Payments Association (EPA), which encourages collaboration and innovation within new and existing finance companies, today announces the outcomes of its first COVID-19 consultation.

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business and Vizor Software, today announced a partnership for the Singapore market that will increase the quality of regulatory reporting while reducing the time and effort required in regulatory compliance.

Recently, I looked at the question of whether using cash presented more of a COVID-19 health risk than using contactless. There was no convincing evidence either way, but it’s clear that there’s a sentiment against handling cash and that both consumers and merchants favour a move to contactless and online.

The Swiss Stock Exchange and the operator of Nasdaq´s Nordic exchanges have signed a partnership in the first quarter of 2020 to expand the current European microwave network, fostering equal access to the most modern market data transmission technology for the benefit of all market participants.

TrueFX, a purpose-built OTC market designed for the buy-side, has today announced it executed the first set of disclosed trades between counterparties on its network. The first trades were executed by FXCM, AxiCorp, Velocity Trade and leading electronic market makers.

Funding Options, the marketplace for business finance, is now using Open Banking to make it quicker and easier for businesses to access finance. Businesses applying for finance will see their application time reduced from days and hours, to just minutes as they will no longer need to source original bank statements. Around 20 lenders have agreed to consume the Open Banking data as part of their analysis for credit decisions. These include Just Cash Flow, YouLend, Liberis, iwoca, Newable, and White Oak UK.