ING to Join Fintech R3 ’s Global Bank Partnership
ING announces that it has joined a consortium of 30 leading global banks, coordinated by the financial technology firm R3, to collaboratively evaluate and apply emerging block chain technology to the global financial system. The stated goals of the group are to collaborate on research, design, and engineering that will advance innovative solutions for clients that meet banking requirements for security, reliability, performance, scalability, and... more
Earthport to Partner with Continental Money Transfer
- 9 years 6 months ago
- Payments
Earthport, (AIM listed: EPO), the largest open network for global bank payments is pleased to announce that it has signed an agreement with Continental Money Transfer (CMT) a 24×7 provider of payments across borders, with secure online money transfer solutions. CMT has enhanced its international payments service through partnership with Earthport and will access a one-stop-shop for disbursing payments to multiple beneficiaries in any currency.
Adyen Launches Payments Solution in Australia
- 9 years 6 months ago
- Payments
Adyen, the global payments technology company, today announced the launch of its payments solution in Australia. With Adyen, retailers can accept payments in store, on mobile, and online with one partner, one contract, one technical interface, and unified reporting. Instead of working with a number of suppliers and third party connections, Adyen simplifies payments for merchants and enables them to offer a seamless cross channel experience to... more
YourCash to Resettle Entire European ATM Estate to TNS
- 9 years 6 months ago
- Transaction Banking, Payments, ATMs
Independent ATM deployer YourCash has signed a new seven-figure deal with Transaction Network Services (TNS) which will see TNS handle the majority of the transactions and communications from its 5000 strong ATM estate across the UK, Netherlands and Belgium. TNS has established a resilient, secure connection into YourCash’s chosen processor VocaLink, and will provide YourCash with a full range of fully managed end-to-end solutions, including... more
Nuspay to Launch NFC Smart Payment Card in Nepal
- 9 years 6 months ago
- Payments, Infrastructure
Nuspay International Incorporated, a global technology company in the payments industry announced today the launch of the first NFC (near field communication) Tap & Pay payment card in Nepal. The ground-breaking electronic multipurpose Nuspay NFC payment card was created in association with Nepal Bank Limited and Sajha Yatayat, a public transportation bus services provider in Nepal.
GFT and SIA to Launch Joint Sales Cooperation in Germany
- 9 years 6 months ago
- Payments
Instant Payment is a working reality in Italy where about 50 banks (13 bank groups) have joint the P2P “Jiffy” service, offering to their customers the possibility to send and receive money in real time through an app on their smartphone to and from their contacts. “Jiffy” is now targeting Germany on its march to success. In order to establish the service also in Germany, GFT Technologies SE and SIA S.p.A. are pooling their expertise and now... more
Hyperwallet Announced to Launch Loyalty Program
- 9 years 6 months ago
- Payments, Infrastructure
Hyperwallet, a leading payout platform of the new economy, today announced the launch of its new loyalty program for independent workers. The program, which will be offered at no cost to Hyperwallet customers, gives organizations the opportunity to incorporate rewards into their existing earnings distribution processes.
Northumberland County Schools FCU to Choose Fiserv for Account Processing and Payments Solutions
- 9 years 6 months ago
- Payments, Accounting, Infrastructure
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Northumberland County Schools Federal Credit Union, based in Milton, Pennsylvania, is converting to the CUnify (TM) account processing platform. The credit union will also add integrated solutions from Fiserv, including CheckFree(R) RXP(R) for electronic payments, FraudNet(TM) for real-time payments fraud monitoring, and... more
Vector ITC Group and Sequent Partner to Launch Mobile Payments in Latin America and Spain
- 9 years 6 months ago
- Payments
Vector ITC Group has signed a partnership agreement with Sequent Software, the platform bringing cards to mobile, to add key tokenization, on-device security, NFC and HCE capabilities to the Vector ITC Group Air Wallet Financial Product. The Vector ITC Group and Sequent have made a strategic alliance to integrate and deploy its technology solutions in financial institutions for both the Spanish and Latin American markets.
The SWIFT Institute's New Research Paper Evaluates Real-time Payment Systems
- 9 years 6 months ago
- Payments
The SWIFT Institute announces the availability of a new paper that proposes a hybrid model for real-time retail systems, combining the benefits of a real-time gross settlement system (RTGS) with those of a deferred net settlement (DNS) system. The report, entitled "Near Real-time Retail Payment and Settlement Mechanism Design" by Zhiling Guo, Robert J. Kauffman, Mei Lin, and Dan Ma from the School of Information Systems at Singapore Management... more
Visa Europe Collab to Partner with Sthaler and Worldpay to Trial Finger Vein Payment
- 9 years 6 months ago
- Payments
Visa Europe Collab, the innovation arm of Visa Europe, is working with biometrics startup, Sthaler, and global payments company Worldpay to trial the use of Sthaler’s ‘Fingopay’ finger vein technology (FVT) in payments.
Currency Cloud to Partner with API-driven Fidor Bank
- 9 years 6 months ago
- Payments, Infrastructure
Currency Cloud, the B2B international payments engine inside countless financial firms announces a new Direct Debit functionality in partnership with Fidor Bank, a Munich-based digital bank that provides a unique banking API to seamlessly integrate Direct Debits into the payment processes of Currency Cloud and its customers. The new capability means that Currency Cloud can now provide a complete, end-to-end payment solution for its customers,... more
Bank Usage of Blockchain Applications Poised to Grow in the Future
A new report from GreySpark Partners, a global capital markets consulting firm, examines how a large number of investment banks and exchanges are experimenting with usage of the blockchain and distributed ledger technology (DLT) in 2015.
ChargeBee and Worldpay To Provide Global Subscription Payments
- 9 years 6 months ago
- Payments, Infrastructure
ChargeBee, an online subscription and recurring billing management solutions provider, has partnered with Worldpay, a global leader in payment processing, to offer a new integrated payments solution for subscription billing. This announcement marks the beginning of a unique collaboration in online payments, by allowing ChargeBee customers to benefit from Worldpay’s eCommerce solutions – all via a single pre-built integration – combining access... more
Compass Plus Survey Finds Only 8% of Millennials Plan to Use Mobile Payments
- 9 years 6 months ago
- Payments
A survey conducted by Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has revealed that despite the increasing availability of alternative payment methods, millennials do not plan to replace traditional methods in the next 10 years.
