VERMEG appoints senior banking and payments expert as General Manager in the UK
VERMEG, the banking and insurance software solution leader, has appointed Philip Harrison as General Manager for the United Kingdom (UK). Philip joins the VERMEG Executive Committee with over thirty years’ experience and takes responsibility for sales, pre-sales, professional services and client support across all industries and product lines throughout VERMEG UK.
Currencycloud selected as part of Tech Nation’s Future Fifty 2019 cohort
- 7 years 5 months ago
- Payments
Currencycloud has been recognized as one of the UK’s most successful digital companies as it joins Tech Nation’s Future Fifty 2019 cohort. Future Fifty is a prestigious programme that enables the UK’s most successful late-stage tech companies to come together, build a powerful and supportive network, and problem-solve with peers. Previous alumni of Future Fifty have included household names such as Deliveroo, HailO and SkyScanner, as well as big... more
Mastercard Introduces Consumer-Centric Model for Digital Identity
- 7 years 5 months ago
- Payments
Mastercard today introduced a vision for digital identity in today’s increasingly connected world. A new paper, Restoring Trust in a Digital World, presents a detailed framework of how digital identity will work, starting with the individual sitting at the heart of every digital interaction.
Apple Reveals Apple Card
- 7 years 5 months ago
- Payments
EMVCo Promotes Confidence and Consistency for EMV® Consumer Device Cardholder Verification Method (CDCVM) Solutions
- 7 years 5 months ago
- Payments
The deployment of Consumer Device Cardholder Verification Method (CDCVM) solutions across the payments ecosystem is increasing. EMVCo is therefore working to promote confidence and consistency by identifying and addressing specific security, functional and performance needs for CDCVM.
A Card for Our Digital Era
- 7 years 5 months ago
- Payments
Simplicity, security and ubiquity sit at the very core of some of the most progressive innovations of our generation. These innovations have challenged the notion of, “that’s how it was always done” to lead to transformational “can’t live without” products and services that have made our day to day experiences better, faster and more convenient. Just 10 years ago, you couldn’t have imagined a world where your car ride or your morning coffee... more
Airwallex achieves unicorn status, and expands operations in Europe with new office in London
- 7 years 5 months ago
- Payments
The international payments startup has raised a new round of $100m USD investment led by DST Global, becoming a fintech unicorn Airwallex, an international payments fintech that specialises in low-cost, seamless cross-border payments, has today confirmed its unicorn status following successful series C funding of $100m USD, leading to a valuation at more than $1bn USD.
CIPD responds to BEIS report on executive pay: ‘It’s high time high pay is tackled’
- 7 years 5 months ago
- Payments
The Business, Energy and Industrial Strategy (BEIS) Committee report on executive pay, ‘Executive rewards: paying for success’ is being published on 26th March. In response, Charles Cotton, senior reward and performance adviser for the CIPD, the professional body for HR and people development, comments:
MEAWALLET ANNOUNCES VC FINANCING
- 7 years 5 months ago
- Payments
Digital payment solutions provider, MeaWallet, today announces the completion of its transition into a refinanced independent entity, following a management buyout enabled by a substantial capital injection from venture capital firm Idekapital Fund 1.
Mastercard Brings Transit Into The Fast Lane To Speed Daily Commutes
- 7 years 5 months ago
- Payments
Anyone rushing to catch the train, bus or subway knows that every second counts and Mastercard plans to make transit payments as simple as a flick of the wrist. The company today announced that new transit solutions are expected to be live in more than 20 cities in the United States within the next few years.
NetSuite Makes Support for UK’s Making Tax Digital Initiative Easy
- 7 years 5 months ago
- Payments, Infrastructure
Making Tax Digital (MTD), the HMRC initiative that requires UK businesses to submit their tax returns and payments online while also keeping digital records of their taxes, becomes mandatory from 1st April 2019 with businesses required to submit from a list of HMRC compliant software (of which NetSuite is one) or an API-enabled spreadsheet.
Safeguarding Consumers from Counterfeit Goods
- 7 years 5 months ago
- Payments
As e-commerce options have grown exponentially, consumers are increasingly buying everything from food to medicine, apparel to designer goods through online retailers and marketplaces. While the vast majority of purchases online result in a satisfied customer, occasionally cardholders inadvertently purchase an inferior “fake” product.
EMVCo to Host Open Education Session on EMV® Secure Remote Commerce at ETA TRANSACT Conference
- 7 years 5 months ago
- Payments, Infrastructure
EMVCo has announced it will host a free-to-attend, open education session on EMV® Secure Remote Commerce (SRC) during a half-day event co-located with ETA TRANSACT in Las Vegas. The session will take place on Thursday 02 May from 14:00 - 17:00 at the Mandalay Bay Hotel and registration is available through the EMVCo website
Spain embraces gpi for cross-border payments
- 7 years 5 months ago
- Payments, Reconciliation, Compliance
Six Spanish banks, accounting for 85% of Spain’s cross-border payments, have adopted the SWIFT global payments innovation (SWIFT gpi), the new standard for cross-border payments. SWIFT gpi dramatically improves the customer experience in cross-border payments by increasing their speed, transparency and end-to-end tracking.
InstaReM partners with First Data for digital payments and card issuance
- 7 years 5 months ago
- Payments
InstaReM, a fintech company that offers faster and cost-effective digital cross-border payment solutions for individuals and businesses across 55+ countries, has announced a partnership with First Data (NYSE: FDC), a global leader in commerce-enabling technology and solutions.
