Sterling on the move ahead of another Brexit vote
- 7 years 6 months ago
- Payments, Infrastructure
Another big vote in Britain, another big move in the U.K. pound. Sterling rebounded ahead of a vote today in the British Parliament on whether to exit the EU without an agreement. The pound’s tentative rise added a headwind on the U.S. currency whose rally has been undercut by tepid data. The euro, yen and Canadian dollar were little changed. Negative data Down Under weighed on both the Aussie and kiwi dollars. Sterling plunged Tuesday after... more
SafeCharge transactions value processed reaches $14 billion in 2018, building a market-leading position in payments
- 7 years 6 months ago
- Payments
SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payments technology, today announced a strong performance for the year 2018 with a revenue growth of 24% to US$138.5 million. The processed volume increased by 45% year-on-year to $13.9 billion, up from $9.6 billion in 2017.
Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud
- 7 years 6 months ago
- Payments
Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce.
Leading payments provider Klarna has announced its most recent partnership, with UK-based flight search website, Alternative Airlines
- 7 years 6 months ago
- Payments
Alternative Airlines, a UK-based flight search website that offers a fast, easy and convenient way to book flights to remote destinations, has announced a new partnership with Klarna, one of the leading European payment providers, to allow customers an alternative and flexible way to pay for their travel.
The PAYTPV payment platform has grown and become PAYCOMET
- 7 years 6 months ago
- Payments, Banking, Infrastructure
The PAYTPV payment platform has undergone a significant transformation and increase and is now called PAYCOMET (
The Financial Times recognizes Trustly as one of Europe’s fastest growing companies
- 7 years 6 months ago
- Payments
For the third consecutive year, the Financial Times has named European payment services provider Trustly on its annual FT 1000 list. With a compounded annual growth rate in revenue of 362 percent between 2014 and 2017, Trustly ranks as the 482nd fastest growing company in Europe. Trustly ranks 12th among the fintech companies, and 7th among the Swedish companies.
Currencies Direct announces launch of new developer’s platform
- 7 years 6 months ago
- Payments
Currencies Direct, the UK’s leading international payments provider, announced the launch of its suite of API services. The platform is targeted at large corporates, start-ups and service providers who want to offer a complementary service for international payments. The API gives developers unprecedented levels of access to Currencies Direct’s digital infrastructure, that facilitates and authenticates cross-border for customers on a global... more
NatWest to launch biometric payments card pilot
As part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers. The trial is due to begin in the coming weeks. Customers will use their fingerprint to verify transactions over £30, increasing security and making it easier for customers when paying for goods or services at the tills as no PIN is required.
Mastercard Delivers for Women Business Owners Seeking Community Support, Mentorship and Access to Capital
- 7 years 6 months ago
- Payments
The needs of women small business owners are immediate and specific. They want a financial provider who will work for them by delivering community engagement, networking, mentorship opportunities and access to capital.
Mastercard Advances Cross-Border Capabilities with Acquisition of Transfast
- 7 years 6 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
- 7 years 6 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
- 7 years 6 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.
Flywire’s Global Payment and Receivables Business Accelerates into 2019
- 7 years 7 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
Barclaycard and UnionPay announce new payment acceptance partnership in the UK
- 7 years 7 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
- 7 years 7 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.
