Alipay will be available in Seoul taxis via kakaopay beginning January 2019
- 7 years 12 months ago
- Payments
Following the introduction of QR-code payment in more than 71,000 taxis in Seoul, all taxis in Seoul will accept Alipay beginning in January 2019. Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, can be used by Chinese tourists to pay for taxis in Seoul via its strategic partner kakaopay, which acts as system integrator. In the near future, local users will also be able to pay taxi fare... more
SWIFT rolls out gpi tracker for all as usage soars
- 7 years 12 months ago
- Payments
SWIFT gpi has been rapidly adopted since its launch last year, and is now being used to send more than a million payments every day with a combined value of well over $100 billion.
WINTER HOLIDAYMAKERS WARM UP TO PREPAID CARDS
- 7 years 12 months ago
- Payments
Holidaymakers are warming up to prepaid cards for overseas spending as the switch from cash continues, new research from financial data analytics experts Consumer Intelligence shows. More than one in four (27%) of people heading abroad for winter holidays this year plan to use prepaid cards for some of their spending compared with 23% who used prepaid cards on winter breaks last year.
New research: Payment fragmentation is the “new normal” across all markets
- 7 years 12 months ago
- Payments
Research published today by RS2 examines the payment landscape across a number of global markets, and finds that proliferating payment channels and the expectations of consumers and merchants has made payment service processing increasingly complex. Payment fragmentation is now the “new normal”, giving consumers a great deal of choice, and merchants an ever-bigger challenge to deliver seamless services across channels.
Accuity 2018 payments report finds banks embracing automation to deliver accurate payments and a better customer experience
- 7 years 12 months ago
- Payments, Banking, Infrastructure
According to the Accuity “2018 Payments Industry Report” released today, payments providers are more focused on streamlining and automating the validation of bank and payment information in order to reduce payment failures and create a more trusted and transparent experience.
Only a day to the 7th Remittance & Payment Expo, Lagos – Nigeria!
- 7 years 12 months ago
- Payments
With only a day to the 7th Remittance and payment Expo (www.RemittanceAfrica.com) holding from Tuesday 23rd October to Wednesday 24th October, 2018 at the Lagos Oriental Hotel, Nigeria, the event secretariat wishes to remind interested persons and organizations that the discounted online delegate registration process will close at midnight, Monday October 22, 2018.
Finastra Offers Immediate Payments Capabilities in the Cloud for Small and Mid-sized Banks
Today at Sibos and Money 2020, Finastra revealed its instant payments offering in the cloud for small and mid-sized banks. The Fusion Global PAYplus packaged solution will enable tier three and four financial institutions in the EU and US to access the benefits that the cloud delivers, without the cost and on-premise infrastructure requirements that may previously have been a barrier to entry.
Fingerprints enables Société Générale to test limitless contactless with IDEMIA
- 7 years 12 months ago
- Payments, Infrastructure
Société Générale has announced France’s first biometric payment card trial, in collaboration with IDEMIA. The card will be based on IDEMIA’s F.CODE technology, which features Fingerprints’ T-Shape™ fingerprint sensor module.
SWIFT Launches New Service to Block Suspicious Payments
SWIFT today announces the introduction of Payment Controls, an intelligent new in-network solution to combat fraudulent payments, and to help strengthen its customers’ existing security. The commercial availability of the service marks an important milestone in SWIFT’s Customer Security Programme (CSP) – a community initiative launched in 2016 that has increased security and trust across the global financial community.
Instant cross-border SWIFT gpi payments test a success
- 8 years 3 hours ago
- Payments
SWIFT announces successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore, Thailand and Australia. The trial successfully demonstrated that by enabling gpi in real-time domestic systems, payments can be effected almost instantly, even when they involve domestic settlement and non-gpi banks.
MYHSM LAUNCHES NEW HSM AS A SERVICE
- 8 years 1 day ago
- Payments
MYHSM announces the first dedicated payments hardware security module (HSM) hosted service using Thales payShield HSMs. MYHSM enables merchants, acquirers, Payment Service Providers (PSP), Payment Facilitators (PayFac), and issuers, to utilise security as a service to simplify operations as well as leverage cloud services while focusing on improving the consumer digital payment experience.
EMVCo Publishes Draft EMV® Secure Remote Commerce Specification v0.9 for Public Comment
- 8 years 2 days ago
- Payments
EMVCo has today published a draft of its EMV® Secure Remote Commerce (SRC) Specification, which is available for download from the EMVCo website and open for a public comment period of 45 days, until Monday 3 December. The global technical body has made the decision to release a draft specification - EMV SRC Specification v0.9 – before finalising the specification to allow as many payment industry participants as possible, including merchants,... more
Square releases new all-in-one eftpos terminal
- 8 years 2 days ago
- Payments, Infrastructure
Today, Square, Inc. (NYSE: SQ) announced Square Terminal, an integrated and innovative all-in-one card processing device designed to be fast, fair, and secure.
BMO Partners with ACI Worldwide to Drive Payments Modernization
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, along with BMO Financial Group (BMO), announced today that BMO has rolled out ACI’s world-class payments hub within their business in just nine mont
Volante Technologies launches Payments as a Service on Microsoft Azure for FIMBank
- 8 years 3 days ago
- Payments
Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that FIMBank Malta has signed as the first customer for Volante’s newly launched cloud-based VolPay-as-a-Service offering. Volante will provide FIMBank with a managed service for processing SEPA payments in the cloud, powered by Volante’s VolPay Suite of payments products running on Microsoft Azure.
