Payments

Adyen Launches Planet, Enabling Climate Action at Checkout

17.05.2021 06:54 pm
Payments

ADYEN (AMS: ADYEN), the payments platform of choice for many of the world’s leading companies, today announced the launch of Planet, the company’s latest addition to its Impact product suite[1]. Planet allows Adyen’s merchants to offer their shoppers the opportunity to offset the carbon footprint of their purchases at the end of the checkout process.

Covid Lockdown Roadmap: How Businesses Should Prepare for Ongoing Restrictions of Rules That Are Changing From Today

17.05.2021 03:55 pm
Covid-19, Payments

In light of the news that England enters step three today, pubs and restaurants will be able to open indoors, and groups of six people or two households will be able to mix indoors. With this in mind, Angus Burrell SVP Retail at global payments service provider, emerchantpay, predicts that both in-store and online sales will see a significant increase. He advises that businesses and payment providers should focus on optimising their payment... more

Finzly Releases Digital Core in its Award-Winning BankOS™ Platform

17.05.2021 01:50 pm
Payments, Financial

Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced the addition of new digital deposit core capabilities to its BankOSTM platform, notably an Infinity AccountTM functionality powered by a multi-asset, real-time general ledger that enables financial institutions to offer customizable digital accounts so customers can track virtually any asset including... more

Spice Money Brings in ATM Services for the First Time to India’s last village, Chitkul, Himachal Pradesh

17.05.2021 01:40 pm
Payments, Insurance

Spice Money, India’s leading rural fintech, extends financial services in Chitkul, India’s last inhabited village in Himachal Pradesh with no ATM facility till date, by introducing Spice Money Mini-ATM services. The company has converted one of the only two Kirana Stores in the village into a Spice Money ‘Digital Dukaan’ to offer cash-in cash-out services to the residents and tourists. This move furthers Spice Money’s vision of financial... more

ADIB Partners with FIS to Provide Instant Payments Experience to its Customers

17.05.2021 10:50 am
Payments

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has partnered with FIS, a leading global provider of technology solutions, to modernize its digital payment services and to provide instant payment to its customers.

12 Awards in 12 Months: Card & Payments Win Rounds Up Outstanding Year for Global Processing Services (GPS)

17.05.2021 10:47 am
Payments

Leading issuer processor, Global Processing Services (GPS), announces that it has wrapped up its 2020 awards season with a 12th major award win in 12 months, scooping the highly coveted title of Best Processing Programme at the recent Card and Payments Awards.

Mastercard and National Women’s Soccer League Announce Multi-Year Partnership

14.05.2021 03:06 pm
Payments

Mastercard announced today that it is joining the National Women’s Soccer League (NWSL) as an official partner, strengthening the brand’s commitment to women’s soccer and its fanbase. Mastercard and the NWSL will work together to elevate the experience for fans, with one of the top NWSL players, Crystal Dunn, joining the all-star roster of soccer players who serve as Mastercard Global Brand Ambassadors.

Fintech Wirex Appoints Top Female Talent to Senior Marketing Role

14.05.2021 02:33 pm
Payments

Wirex, a leading digital payments platform, has appointed Jenny Kong as the new Global Head of Marketing, where she’ll manage the Marketing team from New Zealand. The news follows her work co-founding the successful ‘Rising Women in Crypto Power List’ last year, and aligns with Wirex’s mission to show that crypto is open to all, and inclusion starts from within.

Cash in Circulation at a Decadal High Even When Digital Payments have Soared

14.05.2021 11:30 am
Payments

Mr Mandar Agashe, Founder and MD, Sarvatra technologies,” Covid-19 has not just pushed digitisation but it has also significantly influenced the manner in which people transact. Consumer demands and expenditures have shifted to minimum, mostly towards essentials and emergencies. In addition with the lockdown measures and social distancing norms people are not venturing out to banks and ATM as frequently.

‘Switch to Crypto is Moving at Breakneck Speed’ Reports Payment Firm

14.05.2021 10:20 am
Payments, E-Wallets, Cryptocurrencies, Banking

A leading e-wallet firm has revealed that cryptocurrency deposits increased by 48% in the first quarter of this year while fiat (official government) currency use remained flat. STICPAY figures show Bitcoin is the leading cryptocurrency of choice for its e-wallet users, dwarfing Ethereum, Litecoin and Tether by 38 times their combined usage.

Banking Circle joins P27 initiative as a front-runner bank to support consolidation of currently fragmented Nordics payments ecosystem

13.05.2021 08:37 pm
Transaction Banking, Payments, Banking

Global financial infrastructure provider, Banking Circle, has joined the P27 Nordic payment initiative as a front-runner bank in creating bulk-clearing for the Danish Krone, underlining its commitment to building a global payments infrastructure. P27 has been acknowledged as a vital initiative to address the disparate clearing systems currently operating across the Nordic region. Banking Circle sees its membership of P27 as a crucial piece in... more

Paynearby on Surge in Cash Circulation Amidst Rise in Digital Payments

13.05.2021 03:11 pm
Payments

According to RBI --- Cash in Circulation at a Decadal High even when Digital Payments have soared. At nearly a sixth of the gross domestic product (GDP), currency in circulation is at its highest in a decade, pointing to the likelihood of cash storage in anticipation of medical emergencies, even as much of India is shut down and mobility curbs imposed to prevent the coronavirus from spreading. From12% of the GDP in FY16, currency usage slumped... more

Google Cloud and PayPal Expand Relationship

13.05.2021 02:31 pm
Payments

Google Cloud and PayPal today announced they are deepening their relationship to further accelerate PayPal’s digital transformation and evolving customer needs. Under this expanded relationship, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, helping the company process transactional data at a massive scale.