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Building Temporary Bridges Won’t Fix Banks’ Legacy Problem

A bridge is only as solid as its foundations. And, while there are exceptions, like the Old London Bridge and Ponte Vecchio in Florence, they are not places to linger—just a method of getting from one place to another.

This is something the banking industry needs to keep in mind.

Wednesday, May 6, 2020 - 17:57
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Adflex introduces Modular Cloud-based Payment Services to allow fast and simple service activation

B2B digital payments integration specialist, Adflex, now enables both acquirers and supply chain businesses to simplify and accelerate integration of its modular digital payment services, following the cloud-transformation of its popular payments platform.

“By wrapping our suite of digital payment services in RESTful APIs, we can now serve our acquirer and merchant clients with new levels of flexibility and agility,” comments Pat Bermingham, CEO, Adflex.

Wednesday, May 6, 2020 - 14:44
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/news/apis/adflex-introduces-modular-cloud-based-payment-services-allow-fast-and-simple-service
Financial IT
Ebury to support UK SMEs during Covid-19

Ebury, the global transaction platform, has been approved as an Accredited Lender on the British Business Bank's (BBB) Coronavirus Business Interruption Loan Scheme (CBILS), enabling it to support UK SMEs with government-backed loans through this difficult time.

Ebury provides specialist loans to SME companies that trade internationally and, in April, the UK-headquartered fintech was approved for similar schemes by the Dutch, Spanish and Italian governments. The company is now actively pursuing opportunities to support government lending in all 20 countries where it operates.

Wednesday, May 6, 2020 - 14:32
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/news/covid-19/ebury-support-uk-smes-during-covid-19
Financial IT
Vonage signs Al Rayan Bank for its contact center

Vonage (Nasdaq: VG), a global business cloud communications leader, today announced that Al Rayan Bank, the UK’s oldest and largest Sharia-compliant retail bank, avoided business disruption and maintained its commitment to outstanding customer service with the Vonage Contact Center by transitioning employees from office locations to their homes in response to the COVID-19 pandemic.

Wednesday, May 6, 2020 - 14:20
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/news/covid-19/vonage-signs-al-rayan-bank-its-contact-center
Financial IT
Conferma Pay and Visa to launch Virtual Card Payments Globally via Mobile App

Fintech leader Conferma Pay has teamed up with Visa to integrate Visa virtual cards in the Conferma Pay mobile app. This solution is now globally available to Visa’s commercial bank clients, allowing them to bring the Conferma Pay app to their corporate customers as part of Visa’s broader technology offering.

Wednesday, May 6, 2020 - 14:05
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/news/payments/conferma-pay-and-visa-launch-virtual-card-payments-globally-mobile-app
Financial IT
FINOS to Expand Open Source Technology

FINOS (the Fintech Open Source Foundation), a nonprofit whose mission is to foster adoption of open source, open standards, and collaborative software development practices in financial services, today announces the addition of three new leading financial services and technology companies to its prestigious membership roster already comprised of leading financial

Wednesday, May 6, 2020 - 14:05
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/news/it-innovations/finos-expand-open-source-technology
Financial IT
Sage Upgrades Its Small Business Cloud Accounting Solution

Sage, the market leader in cloud business management solutions today announced new updates to its small business cloud accounting solution. Doubling down on supporting small business, the reimagined Sage Business Cloud Accounting solution will help small businesses gain greater visibility to assess the health of their business across accounting, payroll and HR.

Wednesday, May 6, 2020 - 13:53
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/news/cloud/sage-upgrades-its-small-business-cloud-accounting-solution
Financial IT
Finovate Capital Onboards MonetaGo’s Fraud Prevention Network for Straight-Through Processing of Invoice Financing

Finovate Capital, India’s leading short-term lending fintech platform today announced the integration of MonetaGo’s secure financing solution to build-in a more robust platform solution to its 15+ lenders in India.  

Wednesday, May 6, 2020 - 13:38
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/news/blockchain/finovate-capital-onboards-monetagos-fraud-prevention-network-straight-through
Financial IT
Japanese Payment Methods Konbini and Pay-easy Join APAC Giants on PPRO’s Payments Platform

PPRO, the world's leading local payments platform-as-a-service, has entered the Japanese e-commerce market. Two popular Japanese payment methods – Konbini and Pay-easy – join over 150 local payment methods on PPRO's platform, a portfolio that already includes APAC heavyweights like Alipay, WeChat Pay, UnionPay, and GrabPay.

Wednesday, May 6, 2020 - 13:29
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/news/e-commerce/japanese-payment-methods-konbini-and-pay-easy-join-apac-giants-ppros-payments
Financial IT
Banking Circle Research Reveals How Payments Businesses Are Adapting in the Wake of COVID-19 Restrictions

Recent research[1] commissioned by financial infrastructure provider, Banking Circle, following a webinar on the impact of COVID-19, has found that businesses are innovating rapidly to meet their customers’ ever-changing needs.

Key highlights:

Wednesday, May 6, 2020 - 13:12
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/news/covid-19/banking-circle-research-reveals-how-payments-businesses-are-adapting-wake-covid-19
Financial IT

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