Payments

Israel’s largest credit card company selects Temenos

Temenos (SIX: TEMN), the banking software company, today announced that Isracard, the largest credit card company in Israel, has selected Temenos T24 Core Banking. Temenos’ digital open banking platform will help Isracard achieve its strategic goal of simplifying its systems architecture, and enabling the credit card provider to enhance the digital experience for its customers. Read more »

Digital banking: electronic money and cryptocurrencies. Regulation vs technologies

Over the past year there have been changes in the payment business that have affected various areas, among them: - entry into force of the second payment directive PSD2; - continuing trend of cryptocurrency market regulation and the corresponding changes in the legislation of different countries. Constant changes in the regulation of the payment business, the situation in the global market, emergence of new players - all this makes it necessary... more Read more »

Global ATM installations set to fall for first time as demand for cash drops in China

In 2017, as the ATM industry celebrated its 50thyear, the number of ATMs installed worldwide peaked at 3.28 million with a fall in installations predicted over the next few years Despite fall in China, ATM markets in the majority of countries will continue to expand According to RBR’s latest report Global ATM Market and Forecasts to 2023, the number of ATMs installed worldwide is set to drop off gradually to 3.23 million by the end of 2023. Read more »

Casumo chooses MuchBetter as new instant payment option

MuchBetter, the award winning iGaming payments company, today announced its availability to all Casumo customers, as a new payment option for its online casino. Casumo is one of the biggest and fastest growing iGaiming brands in the industry – and this cooperation will give players a new instant deposit and payout option, as well as lowering Casumo’s transaction costs via MuchBetter’s unique commercial model. Read more »

15 Crypto Kings of Today's Era

It seems like that cryptocurrencies are the greatest craze of the last decade. When Satoshi Nakamoto introduced the concept for the Bitcoin in 2009, many considered it an unrealistic concept. The skepticism that was spread around held many from making their first investment in Bitcoin. Things, however, are much more different now. In 2017, the popularity and value of this cryptocurrency literally skyrocketed. Read more »

CB OFFERS ECOMMERCE MERCHANTS A NEW SERVICE TO FIGHT FRAUD AND REDUCE CHARGEBACKS

The CB Alerts portal, developed with Ethoca, allows ecommerce merchants to collaborate with card issuing banks in near-real-time to fight fraud, reduce chargebacks. CB Alerts: Now Available Read more »

Paysend signs with Vietcombank to bring money transfer revolution to Vietnam

Global payments disruptor PaySend which now has over 350,000 customers across Europe and beyond has signed a strategic partnership agreement with Vietcombank Remittance Company (VCBR), which dominates all inbound money transfers in Vietnam. This partnership will let people from anywhere in the world send money directly to any bank account, NAPAS card, Visa or MasterCard issued in Vietnam.  Read more »

Western Union and China’s JD Digits Join Forces for Global Digital Money Movement

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, and JD Digits, a leading digital technology company in China with 400 million individual customers, today entered into a strategic agreement to join forces to advance digital cross-border money movement and paymen Read more »

TransLink.iQ awarded the gold medal as Product of the Year’2018

The software solution for transaction routing and management of payment terminals network TransLink.iQ, developed by ASHBURN International, which is part of the Penki Kontinentai Group, received the gold medal of the annual Product of the Year competition.  Read more »

Cryptocurrency - The AFRO: First Pan-African Cryptocurrency dedicated to Growth and Development in Africa

Against the backdrop of numerous national currencies affecting trade and growth on the continent, the AFRO provides a reliable, safe and secure solution suited to Africa’s development challenges. Read more »

Temenos selected by its first public bank in Tunisia for digital transformation

Temenos (SIX: TEMN), the banking software company, today announced that Banque de l’Habitat (BH)  has signed for T24 Core Banking, Payments, Channels, Analytics, Financial Crime Mitigation and Enterprise Risk Management. Banque de l’Habitat selected Temenos for its best-in-class technology, superior functionality, and the lowest total cost of ownership over a five-year span. Read more »

PerfectCard joins Banking Circle for fast and cost-effective payment reconciliation

PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has joined Banking Circle to streamline payment reconciliation. Financial utility, Banking Circle, provides ground-breaking financial services infrastructure, helping banks and FinTechs to provide their customers with fast and cost-effective banking and payment solutions, without having to make significant investment in in-house systems. Read more »

UnionPay maintains its position as the world’s largest card scheme

Brand new research from RBR reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share Financial inclusion initiatives drive growth in card issuing Read more »

First EU merchant live on unified neobanking & payments platform

iSignthis Ltd subsidiary, iSignthis eMoney Ltd, trading as ISXPay® (“the Company”), is pleased to announce its first merchant has gone live on its own integrated and unified neobanking platform comprising principal acquiring platform for Visa, Mastercard and JCB, with fund settlements being deposited to ISXPay issued ISEMCY22 International Bank Account Numbers (IBANs). Read more »

PayPal launches Xoom in Canada

Today, PayPal launched Xoom, its international money transfer service in Canada. Canadians can now use Xoom to send money, pay bills or reload phones fast to more than 130 countries internationally at competitive rates. Xoom’s increased presence in North America is a significant milestone and serves as another example of PayPal’s efforts to make the management and movement of money more accessible, secure, convenient and affordable. With this... more Read more »

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