SIA and the Central Bank of Iceland Launch New Interbank Payment System
- 5 years 10 months ago
- Payments
The Central Bank of Iceland (CBI) and SIA, a leading European hi-tech company in payment services and infrastructures, controlled by CDP Equity, have gone live with the new real-time gross settlement system (RTGS) and the new instant payment platform.
RazorpayX Partners with Visa to Launch Corporate Cards to Help SMEs Weather Covid-19
Razorpay, the newest FinTech Unicorn and India’s leading full-stack financial solutions company, and Visa (NYSE: V), the global leader in payments technology, today announced the launch of RazorpayX Corporate Cards. These bank-issued cards will help provide relief and stabilize the financial operations of severely impacted business owners of startups and SMEs, who are grappling with a chaotic economic environment.
BPC Emerges as Leader in 2020 Quadrant’s SPARK Matrix
- 5 years 10 months ago
- Payments
BPC, the leading provider of digital payment solutions, is proud to announce that it has emerged as a leader in the 2020 SPARK Matrix for card management.
Yoba Smart Money Partners with Nets for Its New SME Payment Solution
- 5 years 10 months ago
- Payments
The Luxembourg-based technology company Yoba Smart Money has chosen Nets, a leading European payment services provider, as its partner to offer a new payment and liquidity solution for Small and Medium-sized Enterprises (SMEs).
Sipay Plus and HPS Join Forces to Expand Activities
- 5 years 10 months ago
- Payments
The Sipay Plus payment gateway and HPS, the leading multinational provider of payment solutions, announced today the signing of a new partnership for the combination of their innovative electronic payment technologies to maximize the synergies between the two platforms.
EPI: The European Payments Initiative
- 5 years 10 months ago
- Payments
In July 2020, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative, by announcing the creation of the EPI Interim Company in Brussels, responsible for initiating the implementation of the joint payment initiative.
Pay by Dodo Ltd. Partners with Pannovate in Flagship Fintech Programme with the United Nations
- 5 years 10 months ago
- Payments, FinTech StartUps, IT Innovations
Driven by Regional Office for Eastern Africa of the United Nations Office on Drugs and Crime (UNODC), this historic collaboration between the private sector and UNODC; in conjunction with the Government of Mauritius has paved the way in the creation of an ethical fintech ecosystem which supports the 2030 Agenda. This pilot programme is set to meet the highest international standards of governance and serve to support the UN Sustainable... more
Ford Looks to SumUp and Mastercard to Provide SMEs with Vehicle Payment Solutions
- 5 years 10 months ago
- Payments
Today, SumUp and Mastercard are announcing their new payment services tailored for Ford commercial vehicles in Germany, France, Italy, Spain and the United Kingdom. With this new solution, small business owners that typically use commercial vehicles – including food trucks, beverage suppliers, mobile florists and other tradespeople – can accept card payments directly from their vehicles.
The Price of Poor Payroll: New Research Reveals the Impact Poor Payroll Management is Having on UK SME Growth, Operations and Employee Engagement
- 5 years 10 months ago
- Payments
Research from IRIS Software Group (IRIS), one of the UK’s largest software companies, has found the UK’s small businesses are struggling to manage payroll for their staff during the pandemic, and it is impacting business performance. The YouGov Study revealed how nearly a third (29%) of businesses owners think managing payroll requires too much of their time. Despite a quarter (25%) agreeing that the amount of time spent managing payroll... more
Paysend Resolves 97% of Support Queries Within 24 Hours During COVID-19
- 5 years 10 months ago
- Covid-19, Payments, Money Transfers
As the world continues its race towards total digitalisation, embracing customer feedback is essential to ensure positive engagement, and to improve services by fine tuning them to customer preferences. UK-based global FinTech firm Paysend has reported that 97% of issues raised with its Customer Service team are resolved within 24 hours, despite additional pressure from the global pandemic, including remote working environments.
FSS to Expand Market Footprint in Saudi Arabia
- 5 years 10 months ago
- Payments
FSS (Financial Software and Systems), a global payments technology company, today announced its commitment to support the country’s banks to strengthen digital payment capabilities in the Kingdom of Saudi Arabia (KSA).
TransferGo Secures £4M from Silicon Valley Bank to Power Instant Payments
- 5 years 10 months ago
- Investment, Payments
TransferGo, one of the world’s fastest growing money transfer companies, today announces it has received £4m in financing from Silicon Valley Bank UK Branch (SVB), the bank of the world’s most innovative companies. This will enable the business to further develop and expand its real-time payments platform for consumers, SMEs and enterprise clients.
Ukheshe to Acquire Oltio, Strengthens Partnership with Mastercard
Ukheshe, Africa’s leading digital fintech platform provider, today announced it has entered into an agreement to acquire Oltio. Oltio developed the digital payments platform that supports Masterpass, Mastercard’s QR payment service in South Africa and enables people to safely pay for a wide variety of purchases with their bank card by scanning a QR code with their mobile phone.
FICO UK Credit Market Report September 2020 Shows Card Spend Rise Stalling
Global analytics software provider FICO today released its analysis of UK card trends for September 2020, which shows the continuing impact of COVID-19 on household finances even while furlough and payment holidays remained in place during the month.
MiFinity Offers Post-Brexit Payment Solutions For UK & EEA
- 5 years 10 months ago
- Payments
The FCA announced on the 18th November 2020, that passporting of certain payment services for UK licenced institutions to European Economic Area (EEA) states will expire at the end the transition period on 31 December 2020.
