Mastercard Advances Cross-Border Capabilities with Acquisition of Transfast
- 6 years 3 months ago
- Payments
Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Transfast, a global cross-border account-to-account money transfer network.
FSS makes Strategic Investment in Africa-based Ecentric Payment Systems
- 6 years 3 months ago
- Payments
FSS (Financial Software and Systems), a global PayTech company, has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a leading payment processor in South Africa. FSS has acquired a 46% stake in Ecentric through a combination of primary and secondary investments, with a potential to further its stake holding.
National Settlement Depository first CSD to sign up for SWIFT gpi
- 6 years 3 months ago
- Payments
National Settlement Depository (NSD), Russia’s central securities depository (CSD) has become the first CSD to sign up for SWIFT’s gpi service – a rapid cross-border payments service that provides real-time payments tracking and transparency on bank fees and foreign exchange rates.
Western Union to Present at the Wolfe Research FinTech Forum
- 6 years 3 months ago
- Money Transfers
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today announced that the company will present at the Wolfe Research FinTech Forum on March 13, 2019. The presentation will begin at 10:25 a.m. Eastern time and will include comments from Raj Agrawal, Executive Vice President and CFO.
Flywire’s Global Payment and Receivables Business Accelerates into 2019
- 6 years 3 months ago
- Payments, Infrastructure
Flywire, a company that solves complex payment problems for leading businesses and institutions, continued its rapid growth in 2018, reaching new milestones in cross-border payment volumes and customers. The company, which raised $100 million in new funding mid-year, expanded its presence significantly in Asia-Pacific and EMEA and saw significant gains in both regions. In addition, Flywire rebranded and integrated OnPlan, a domestic payment... more
Unbanked People in Africa to Benefit from the Joint Venture between Paxful and Bitmart Exchange
- 6 years 3 months ago
- Trading Systems, Cryptocurrencies
Paxful (www.Paxful.com), a peer-to-peer Bitcoin marketplace, announced on February 21, 2019 at 9am, an integration onto BitMart, a premier global digital asset trading platform in the cryptocurrency market with over 600,000 users worldwide. This partnership comes at a pivotal time for the crypto community and serves as a step the two entities have taken together in the hopes of increasing liquidity and scalability.
Barclaycard and UnionPay announce new payment acceptance partnership in the UK
- 6 years 3 months ago
- Payments
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, today announces a new card acceptance partnership with UnionPay International, a subsidiary of China UnionPay. The deal will enable its 110,000 UK merchants to accept UnionPay through a phased roll out that will begin this summer. UnionPay has the world’s largest cardholder base, and is the preferred payment brand for many Chinese visiting the UK as well as... more
Increased efficiency with Trustly recurring payments solution frees up significant amounts per month for aid organizations
- 6 years 3 months ago
- Payments, Banking, Infrastructure
Trustly, whose online bank payments are growing in popularity across Europe, has launched a partnership with the Help to Help Foundation to make the administration of monthly payments more effective with Trustly Direct Debit. The service digitizes recurring payments and simplifies the management of donations from monthly donors, which saves both time and money — money that instead can go to those in need.
Block Collider Launches an Unstoppable Decentralized Marketplace
- 6 years 3 months ago
- Trading Systems, Cryptocurrencies
The world’s first BORDERLESS Marketplace is opening and it is cannot be stopped. The product of thousands of hours of work by a dedicated team and community, Block Collider is releasing the world’s first unstoppable, honestly decentralized exchange. The momentum of this event will resound through the cryptocurrency space first but make its way to broader markets as people realize there are options to centralization.
ONPEX Partners with Wirexend to Bring Seamless Multi-Currency Cross-Border Payments
- 6 years 3 months ago
- Payments
ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with Canadian financial institution, Wirexend.
Payments NZ unveils first API standarda
- 6 years 3 months ago
- Payments, Infrastructure
I’m pleased to announce the release of our first API standards for Payment Initiation and Account Information. These open payments-related standards will be used as an important building block for new innovation which can benefit all Kiwis.
Concardis supplies payment solution for the new Destination Zermatt app
- 6 years 3 months ago
- Payments
Zermatt, the popular holiday resort in the Swiss Alps, counts on Concardis Payment Group: the payment service provider from Eschborn ensures smooth payment processes in the recently developed Matterhorn App, which is part of Zermatt’s digitalisation strategy. The app gives users maps of ski runs, restaurant tips and weather forecasts and lets them buy ski passes for the mountain railways in Zermatt or tickets for Swiss public transport. All this... more
UK payments schemes consolidated under Pay.UK banner
- 6 years 3 months ago
- Payments
Pay.UK is the new home for Bacs, Faster Payments, and Cheque and Credit Clearing and, as of today (1 March) it is also the formal home of their people, a skilled team with a wealth of experience across the UK’s complex payments industry.
Dukascopy Bank introduces its cryptocurrency - Dukascoin
- 6 years 3 months ago
- Cryptocurrencies, Banking
As we communicated earlier, Dukascopy Bank was striving to become the first regulated bank to launch its own ICO.
Nelnet Business Solutions Joins Forces with Western Union Business Solutions
- 6 years 3 months ago
- Payments
Nelnet Business Solutions, Inc., has announced an expanded collaboration with Western Union Business Solutions to include an embedded interface between Nelnet's payment processing platforms and Western Union's trusted international payments service.
