Paysend races to 1.5 million customers
- 5 years 3 months ago
- Money Transfers
International money transfer start-up reaches the 1.5 million customer milestone with over 3,000 new users every day. UK-based fintech Paysend announced that their Global Transfers service has reached 1.5 million customers, despite only having been founded in April 2017. With roughly 300 million people globally sending money across borders on a regular basis, Paysend’s user base represents a significant market share, and indicates the high rate... more
Volante Technologies named a Leader in the IDC Marketscape: Worldwide Integrated Payment Platforms 2019-2020 Vendor Assessment
- 5 years 3 months ago
- Payments
Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced it has been named a Leader in the IDC Marketscape: Worldwide Integrated Payment Platforms 2019-2010 Vendor Assessment (IDC #US46024520, Feb 2020).
Elavon and Nuapay collaborate to provide open banking in Europe
- 5 years 3 months ago
- Open Banking, Payments
Elavon, a global payments leader, has announced a collaboration with Nuapay, the London-based subsidiary of payments pioneer Sentenial, to provide selected open banking solutions to Elavon customers.
Alipay announces three-year plan to support the digital transformation of 40 million service providers in China
- 5 years 3 months ago
- Payments
Alipay, the world’s leading mobile payment platform operated by Ant Financial Services Group, today announced a three-year plan to further open up its platform to support the digital transformation of 40 million service providers across China. The plan marks a major milestone as Alipay continues to strengthen its positioning in China, evolving from a platform that provides inclusive financial services to an open, vibrant digital ecosystem that... more
Visa Teams Up with Nigeria's Paga
- 5 years 3 months ago
- Payments
We are pleased to announce our strategic partnership with Visa to enable Paga and Visa work closely in accelerating secure and convenient mobile payments for merchants and consumers in markets where Paga operates.
Nogle Invests $3m in First Digital Trust
- 5 years 3 months ago
- Cryptocurrencies
Hong Kong-based digital asset custody firm First Digital Trust has scored a $3 million investment from Taiwanese venture studio Nogle. Spun out from FS firm Legacy Trust last year, First Digital Trust is aiming to bring the traditional financial services industry into the digital asset sector, providing compliant and transparent custody services. Nogle's investment will support the upcoming launch of an Asian instant settlement network designed... more
Worldline has been awarded “A-“rating for its first participation in the CDP
- 5 years 3 months ago
- Payments
Worldline, European leader in the payments and transactional services industry, announces that it has obtained an A- rating following its first assessment by the CDP disclosure, which is recognized by the investors as the best reference rating for a company’s environmental awareness, governance and leadership to address climate change. As part of this exercise, Worldline reveals its long term Science Based Target (SBT) objectives to reduce CO2... more
OKCoin Appoints Hong Fang CEO
- 5 years 3 months ago
- Cryptocurrencies, People Moves
OKCoin, a leading fiat-focused digital asset exchange with service in 184 countries, announced today that CEO Tim Byun has been appointed as Global Government Relations Officer (GGRO) of OKGroup. The OKCoin Board has appointed the company’s current Chairman, Hong Fang, to the position of CEO, effective March 31, 2020.
SIA Calls in JP Morgan for Possible IPO
- 5 years 3 months ago
- Payments
Italian payments giant SIA has hired JP Morgan as financial advisor for all 'extraordinary transactions' - including a possible IPO. The firm, which is controlled by state lender CDP Equity, confirmed last month that it was beginning the listing process. It said then that it could issue ordinary shares on the Mercato Telematico Azionario market by the summer, although a merger with another payments player was not ruled out.
Afterpay Selects Marqeta as its U.S. Issuing Partner
- 5 years 3 months ago
- Payments
Marqeta announced today that it has been selected to partner with Afterpay, the leader in “Buy Now, Pay Later” payments, to help accelerate its growth in the U.S. market and support new innovative product offerings for its customers.
Truevo Launches Point of Sale Solution in UK, Ireland, Malta
- 5 years 3 months ago
- Payments
Full-service card acquirer and payment service provider, Truevo, has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today. Previously, Truevo has specialised in online, mobile and push payment solutions, so this offering marks the broadening of their product range into the card-present industry.
Mastercard Commits to Reaching 1 Million Women Entrepreneurs Through Path to Priceless Initiative
- 5 years 3 months ago
- Payments
A desire to problem-solve lies at the heart of young women entrepreneurs and this desire starts at a young age. In fact, a recent study* commissioned by Mastercard found that fifty two percent of Gen Z and 44 percent of Millennial women cited being able to help others as an important factor in determining their future or current career path. Mastercard knows that women have the ideas and passion that can Start Something Priceless, but sometimes... more
All banks in Aruba now offer Instant Payments through IP-infrastructure of the Central Bank of Aruba implemented by equensWorldline
Aruba’s entire banking community has switched to Instant Payments (IP) using the Clearing and Settlement Mechanism (IP CSM) of the Centrale Bank van Aruba (CBA), which was implemented by equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry. The implementation of this new payment infrastructure – which is led by the CBA – is unique because the Caribbean island... more
Equifax partners with rent reporting innovator CreditLadder to improve tenants’ access to credit
- 5 years 3 months ago
- Payments
Equifax, the business and consumer insights expert, is partnering with CreditLadder.co.uk, the UK’s largest rent reporting platform, to include rental payment data in Equifax credit assessments.
HPS introduces QR-based National Payment System to Saudi Arabia
- 5 years 3 months ago
- Payments
To enhance the electronic payment sector throughout Saudi Arabia and reduce the dependence on cash, HPS has been appointed by Saudi Payments, a fully owned subsidiary of Saudi Arabia Monetary Authority (SAMA), to provide a unified QR code platform to enable banks, wallet providers and FINTECHs to interact seamlessly within an interoperable platform. This initiative is based on the joint partnership between the two parties, and it aims to support... more