Revolut is Going Global through New Deal with Visa
- 5 years 7 months ago
- Payments
Revolut says the expanded relationship with Visa will bring its bank-like product offerings to five new regions, reaching 24 new markets for a total of 56 markets globally. Under the terms of the agreement, Revolut will primarily issue Visa-branded cards in the global expansion. Jack Forestell, chief product officer, Visa, says: “With Visa being accepted at nearly 54 million merchant locations across more than 200 countries, we have the scale,... more
M&S Announces Partnership with Ingenico Enterprise Retail to Deliver a True Omnichannel Payment Experience for its Customers in the UK
- 5 years 7 months ago
- Payments
Ingenico Group, the global leader in seamless payments, is proud to announce its new partnership with high-street retail icon, M&S. Both companies will work together to implement a new payment service that will encompass all M&S customer touch points and digital channels, which are critical to supporting its sales and customer experience ambitions.
Euro Area Card Payments Double in a Decade
- 5 years 7 months ago
- Payments
The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank. In 2018, card payments accounted for almost half of the total number of non-cash payments across the single-currency area. Credit transfers and direct debits were the second and third most common non-cash payment methods,... more
Mastercard Partners with Levi Strauss & Co., Marks & Spencer and VF Corporation on Programs to Help Garment Factory Workers Build More Secure Financial Futures
- 5 years 8 months ago
- Payments
Mastercard today announced a global effort to pay garment factory workers digitally, a pivot the industry is making from traditional cash payroll to ensure workers receive their hard-earned wages securely and consistently. With industry partners including Levi Strauss & Co., Marks & Spencer and VF Corporation, and in conjunction with global nonprofit BSR (Business for Social Responsibility), this program aims to improve the wellbeing of... more
Klarna launching major pop-up in Manchester
- 5 years 8 months ago
- Payments
Introducing the “House of Klarna”. Hot on the heels of the news this week that 50,000 new Klarna customers a week are choosing ‘Pay later’ at retailer checkouts, and with over 12 million transactions in the past year alone, Klarna is hitting the high-street again with over 27 of the best retail brands in the UK. Following the success of Covent Garden pop-up in June, Klarna will now take up residence in the heart of Manchester’s city centre with... more
FICO and Visma Connect Launch Partnership to Offer SaaS Anti Financial Crime Solutions in Western Europe
- 5 years 8 months ago
- Payments, AML and KYC
Visma Connect, the leading Dutch critical payments services provider and FICO have launched a partnership to jointly deliver FICO’s best-in-class Anti-Financial Crime solutions for Know Your Customer (KYC), anti-money laundering (AML) and real-time sanctions screening to banks, FinTechs, payment institutions, PSD2 third-party providers and corporations.
Openness and potential of Latin America for digital business is unanimous at the LatAm Cross-Border Summit
After three days of debates, keynotes, and networking among leaders from some of the main digital companies worldwide, the LatAm Cross-Border Summit, powered by Brazilian fintech EBANX, ended this Thursday (26th) in Rio de Janeiro, with all participants reaching a common ground: Latin America is open for business.
CoCoNet launches its next generation payment and cash management solution for banks’ corporate customers
- 5 years 8 months ago
- Payments
CoCoNet announced the launch of MULTIVERSA IFP Version 4.0. This is the next generation of its highly successful payment and cash management solution for banks’ corporate customers. Banks that use the latest version of MULTIVERSA IFP will enjoy two main benefits. Firstly, they will be able to increase their corporate customers’ satisfaction by offering them an improved solution for payment and cash management services. Secondly, they will gain... more
FIME joins the Berlin Group’s NextGenPSD2 Advisory Board
- 5 years 8 months ago
- Digital Identity, Payments
FIME has joined the Berlin Group’s NextGenPSD2 Advisory Board, a pan-European technical standardization body. Additionally, FIME is participating in NISP, which supports the implementation of the NextGenPSD2 XS2A interface, as defined by Berlin Group and in compliance with PSD2.
Fraud and cybersecurity announced as key focus areas for 2019 P20 Global Payments Conference
- 5 years 8 months ago
- Payments
P20 has announced combating fraud and criminal transactions as the first major issue to be addressed at its global payments conference at Church House, Westminster, London on 3rd October 2019. In the UK alone, unauthorised financial fraud losses across payment cards, remote banking and cheques totalled £844 million in 2018. In addition, over 80,000 incidents of authorised push payment scams were recorded in 2018, totalling gross losses of £354... more
Smartphones are used by 62% of Brazilians to buy on international e-commerce websites, research shows
- 5 years 8 months ago
- Payments
An exclusive survey on the state of cross-border purchases in Brazil has revealed that smartphones have been instrumental in democratizing access to global products and services: mobile phones were the preferred device for 62% of respondents when making international purchases last year.
Europe’s number one international news channel inks deal with freelance payment platform paydesk
- 5 years 8 months ago
- Payments
Euronews, Europe’s number one international news channel, with a reach of 400 million households in 160 countries, today announced a strategic partnership with UK-based journalist payment platform, paydesk, the world’s leading booking and payment platform for freelance media professionals.
NSD Goes Live SWIFT gpi Service
- 5 years 8 months ago
- Payments
National Settlement Depository (NSD) has begun to provide SWIFT gpi (global payment innovation) services. The first gpi transaction was conducted by NSD in late September 2019; the depository announced this at SIBOS, the annual international forum organized by SWIFT (which this year are holding in London). NSD is the first CSD to provide its clients with the gpi service which lets them conduct cross-border real-time payments and track the status... more
PXP Partners with Travelpack to Enable End-to-End Payments Processing
- 5 years 8 months ago
- Payments
PXP Financial, the global experts in acquiring solutions, has teamed up with Travelpack Marketing and Leisure, providing the package holiday experts with frictionless payment services.
Bottomline Powers Faster Payments for Vive via its Real Time Express Service
- 5 years 8 months ago
- Payments
Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced that new financial services entrant, Vive, is set to deliver real-time payments to its future customers on day one of trading.
