Today P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) and Mastercard have announced a partnership to provide real-time and batch payments across the Nordic markets; building the most advanced, innovative and efficient payments system in the world. By working together the partnership will connect people across the cluster of countries using multiple currencies. This bold ambition... more Read more »
ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with the international payments company and BIN sponsor Moorwand, to expand its banking capabilities through next-generation IBAN solutions. Read more »
EMVCo has updated the EMV® 3-D Secure (EMV 3DS) Testing Programme which includes test platform and process updates to support the EMV 3DS 2.2.0 Core Specification and EMV 3DS 2.2.0 SDK Specification released in December 2018. Read more »
Chip Mong Bank (CMCB) - a newly established bank and subsidiary of Cambodian conglomerate Chip Mong Group - has launched its in-house processing centre built on TranzWare from Compass Plus. Read more »
Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays. Following the successful launch of ‘Yolt Pay Beta’ just two months ago with six of the major high street banks, the app is now extending its test phase offering. Read more »
InstaReM, a leading digital cross-border money transfer & payments service provider with presence across Southeast Asia, Europe and the Americas, has announced a partnership with The Root Academy (R66T Academy), the cricket coaching academy founded by the family of the England test cricket captain, Joe Root. Read more »
Ingenico Group, the world leader in integrated payment solutions, has today announced its work with Europe’s leading fancy dress costume and merchandise shop,Funidelia. Funidelia was established in 2011 when co-founders Carlos Larraz (CEO) and Toño Escartin (chief business development officer) spotted a gap in the market for a Europe-based fancy dress supplier, having seen friends import costumes from the US and paying costly customs taxes and... more Read more »
Since the launch in 2017, the European P2P platform Robo.cash has financed 1 million loans for the total amount of €89 million. It is notable that the number of loans funded through the platform has increased by 26% from 226,400 for the first five months of 2018 to 284,400 for the same period this year. Read more »
PrePay Solutions (PPS), subsidiary of Edenred, the global leader in payment solutions for the working world, today announces its official partnership with mobile-only B2B banking company, Amaiz. The deal represents PPS’ continued commitment to the support of emerging fintech companies and innovative B2B solutions. Read more »
PwC announces an important addition to our existing "Halo" suite of auditing tools that we can use to provide assurance services for entities engaging in cryptocurrency transactions. With the launch of our new software tool we are well positioned to provide audit and other assurance services to clients holding or transacting in cryptocurrency. In an environment where robust controls have been proven effective throughout a business’... more Read more »
Xero, the small business platform, has announced a partnership with Stripe to develop new innovations that help small businesses get paid faster, in more ways, and gain more visibility over their business performance. Read more »
Seven Dutch banks have recently started to introduce instant payments using the CSM (Clearing and Settlement Mechanism) system of equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], European leader in the payments and transactional services industry. Due to the large-scale launch of real-time payments in the Netherlands, equensWorldline has become the biggest processor of instant payments in the Eurozone, handling millions of instant... more Read more »
Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, revealed today that 87% of financial decision makers in businesses across Great Britain are unable to recover more than half of their losses caused by fraud, with the figure rising to 93% among small and medium businesses specifically. The average financial loss through fraud sits at £240,092, with the majority of fraud... more Read more »
EBANX, a global fintech company headquartered in Latin America and specialized in end-to-end payment solutions from the region, is now offering EBANX Track, a platform through which consumers can follow the parcels of their purchases made on international online retailers, from the moment they leave the merchant's country to the moment they arrive at the consumers' hands. Read more »
Leading online money transfer service WorldRemit (https://www.WorldRemit.com/en) is introducing new app features to make it easier for remittance recipients in several countries, including Cameroon, to manage funds sent from loved ones overseas. Remittance receivers in several countries, including Cameroon, can now create and access a remote WorldRemit account to: Read more »
