Visa Takes 'Access To Cash' Programme Industry-Wide
- 5 years 5 months ago
- Payments
Visa is taking its 'access to cash' programme industry-wide, working with partner banks to offer high street retailers in remote and rural locations a fee for processing cashback transactions over the counter. The introduction of the UK-wide programme follows a year-long trial with Lloyds Bank, which offered rewards to retailers in return for providing cashback services. The initiative comes in the wake of a backlash over the creation of 'cash... more
Top five UK money transfer markets receive more than £10bn
- 5 years 5 months ago
- Money Transfers
New analysis reveals the top five money transfer markets for UK residents that account for nearly one third of the total sent home New analysis by Paysend, the UK based fintech, reveals that just five markets account for nearly one third of the total money transferred home from the UK. Paysend analysed the latest data from the World Bank. It shows that foreign workers, international students and expats in the UK send money to more than 130... more
WorldRemit announces global remittance partnership with Alipay
- 5 years 5 months ago
- Payments
WorldRemit has announced a partnership with Alipay, the world's leading payment and lifestyle platform, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app, bringing more convenient and inclusive transfer services to users around the world. “Our vision is to build a mobile-first, international payments service and we’re excited to work with Alipay as a partner,” said Tamer El-Emary, Chief... more
RS2 Acquires KALICOM Liebers Zahlungssysteme KG
RS2 Group, a global payments processing and technology provider, announced the closing of its acquisition of KALICOM Liebers Zahlungssysteme KG, one of the most successful commercial network operators for electronic, card-based payment systems in Germany. The acquisition follows the groups announcement to enter the merchant direct acquiring business and represents along with the earlier announced foundation of RS2 Financial Services GmbH.
Wirecard and UZE Mobility partner to launch innovative services in e-mobility
Wirecard, the global innovation leader for digital financial technology and UZE Mobility, open innovation platform for e-mobility services, have entered into a strategic partnership.
Bankingblocks Teams up with WL Payments
Bankingblocks, an Amsterdam-based wholesale banking provider for fintech and payment companies, teams up with WL Payments to provide a true omni-channel, universal payment gateway.
Ingenico Enterprise Retail accelerates smart city and transport revolution with OP2GO expansion
- 5 years 5 months ago
- Payments
Ingenico Enterprise Retail, part of Ingenico Group, the global leader in seamless payments, today announces it will launch OP2GO, its Open Payment solution, in North America in 2020. This puts Ingenico at the forefront of the smart city and transport revolution, having introduced the solution across Rio de Janeiro, Taiwan, Madrid and Rome in 2019.
Central Banks Form Group to Explore Digital Currency Creation
- 5 years 5 months ago
- Cryptocurrencies
Six of the world's central banks have come together to share their knowledge and experiences in assessing the potential cases for central bank digital currency (CBDC) in their home jurisdictions.
WorldPay and Visa Back African Payments Firm Flutterwave
- 5 years 5 months ago
- Payments
Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay. With bases in Lagos and San Francisco, Flutterwave is one of several African fintech firms looking to cash in on the continent's drive to electronic payments. The company helps merchants accept payments both online and at the point-of-sale through a host of... more
Thailand’s SEC Grants License to Crypto Exchange Platform Zipmex
- 5 years 5 months ago
- Cryptocurrencies
Asian cryptocurrency exchange platform, Zipmex, has gained the license to provide digital assets and exchange services in Thailand, following a 12-month wait. Headquartered in Singapore, the trading platform currently operates in Indonesia and Australia, standing at a current valuation of $18 million after having raised $5 million to date. The bitcoin trading license follows Zipmex's $3 million pre-Series A funding round just last September,... more
Computop Reveals New Payment Card Terminal at Euroshop Trade Fair
- 5 years 5 months ago
- Payments
Computop, a leading global payment processor, today announced that it will be exhibiting at Euroshop, the retail trade fair in Dusseldorf, Germany (February 16-20). The company will be showcasing its new, Android-based card terminal, Computop Next A920, providing demonstrations for visitors to the event.
JCB expands its merchant network with Nets Group in Finland
- 5 years 5 months ago
- Payments
JCB International, Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Nordic-based payment service provider Nets Group, today announce the wider enablement of JCB payment acceptance by Nets merchants in Finland. This latest strategic expansion initially enables over 18,000 businesses across Finland to accept JCB payments through the Nets Merchant Services platform. This will provide JCB’s growing Russian and Japanese... more
Cashaa Opens Broker Account for Crypto Businesses to Enforce New FCA Rules
- 5 years 5 months ago
- Cryptocurrencies
London-based crypto banking startup Cashaa is announcing the launch of a “Crypto Business/Broker” account to ensure crypto businesses/brokers are compliant with the FCA’s new rules for anti-money laundering and counter-terrorist finance and Fifth Money Laundering Directive (5AMLD).
Wirecard and EasyTransfer make payment easy for international Chinese students
- 5 years 5 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, and EasyTransfer are collaborating to enable seamless mobile payments for digital-native Chinese students. Together the two companies are launching a new mobile payment and loyalty app designed for Chinese students studying outside of China. Approximately $3.8 billion in tuition payments were transferred via EasyTransfer in the first year alone.
NICE Actimize Adds Cryptocurrency Innovator CipherTrace to X-Sight Marketplace to Enhance Due Diligence and Reduce Risk
- 5 years 5 months ago
- Cryptocurrencies
With cryptocurrency-related compliance issues on the rise, and an increase in enforcement actions anticipated, the need for financial institutions to adopt solid AML programs addressing this market segment is expected to escalate this year.
