SoftBank and Synchronoss partner on Proof of Concept for RCS and Blockchain-based mobile payments
- 7 years 12 months ago
- Blockchain, Payments
SoftBank Corp., a Japan-based telecom carrier; Synchronoss Technologies, Inc. (SNCR), a global leader and innovator of cloud, messaging, digital and IoT products; and TBCASoft, Inc., an innovator of cross-carrier blockchain platform technology, today announced that they have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standa
Paysend Releases the Beta Program for its New Global Account Service
- 7 years 12 months ago
- Payments
Paysend, an international payments and money transfer company, is today announcing the beta program for its new Global Account service. Built by a team of ex-Revolut engineers and designers, the Global Account is a simple mobile app that allows people to hold, move and spend multiple currencies globally. Ronald Millar, CEO, said “This is another great first for our team. They have created an award winning product that changes how consumers can... more
SmartStream further expands presence in Asia with new Chinese partner TGT Chibo Data Service
- 7 years 12 months ago
- Transaction Banking, Payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the appointment of TGT Chibo Data Service, one of the leading technology services and payment solution providers in China, as an official distributor partner for SmartStream’s TLM solutions in the Mainland market. This new agreement will allow TGT Chibo Data Service to initially market SmartStream’s reconciliations solutions to the... more
Over two-thirds of UK consumers still abandon online shopping purchases due to poor payment processes
- 7 years 12 months ago
- Payments
Online retailers are continuing to lose out on sales by failing to address customers’ preferred payment methods. According to research by PPRO Group, one of the fastest growing global FinTech providers, 67% of UK consumers have abandoned an online retail transaction due to the payment process, only down 1% in the past four years from 68% in 2014. With the biggest reasons cited as 22% didn’t recognise the payment process up from 6%.
SWIFT gpi to provide payment message error detection and upfront fee transparency
- 7 years 12 months ago
- Payments
SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers. More than 50% of SWIFT gpi payments are credited to the beneficiary in less than 30 minutes and many arrive in just a few seconds. A significant part of the remaining messages are delayed due to errors in the payment... more
Ripple and R3 Reach Settlement
- 7 years 12 months ago
- Blockchain, Payments
Ripple Labs Inc., provider of the leading enterprise blockchain solutions for payments and XRP II, LLC, release the following statement today: R3 HoldCo LLC, R3 LLC, Ripple Labs Inc. and XRP II, LLC announce that they have reached a settlement of all outstanding litigation between the parties. The terms of the agreement will remain confidential and both sides look forward to putting these disputes behind them.
FIME’s Shenzhen lab receives EMVCo, Mastercard and Visa accreditations
- 8 years 8 hours ago
- Payments
FIME’s Shenzhen laboratory is now accredited by EMVCo to deliver contactless EMV® Level 1 card, terminal and mobile, and contact EMV Level 2 terminal testing, debugging and type approval services. In parallel, the lab has received accreditation from Mastercard and Visa to deliver contactless terminal testing and type approval services in-line with each scheme’s respective requirements.
Viva Wallet activates UK IBAN accounts for its business customers
- 8 years 3 days ago
- Payments
Viva Wallet activates UK IBAN accounts for its UK business customers via Faster Payments for direct money transfers between banks as well as payment providers in the UK.
Oracle Net suite installed at Ebanx
Oracle NetSuite has started the process of integrating its Enterprise Resource Planning (ERP) software into EBANX, global fintech company with Latin American DNA, that offers local payment solutions from Latin America to websites that sell internationally.
Singapore Airlines clips boarding passes to Google Pay
- 8 years 4 days ago
- Payments
Customers travelling with Singapore Airlines (SIA) can now have the added flexibility of saving their mobile boarding pass on Google Pay, the digital wallet platform and online payment system developed by Google. This is the first time an airline in the Asia-Pacific region has such a capability on Google Pay. With this new initiative, customers can simply produce their boarding pass, which is saved to Google Pay, and proceed straight to the... more
Chinese traders must pay fair postal charges or more British retailers will collapse, says ParcelHero
- 8 years 4 days ago
- Payments
As the Universal Postal Union meets to decide the secret rates each country must pay for cross border deliveries, international parcels expert ParcelHero says China must be forced to pay its fair share.
Adyen rejuvenates in-store payment integration with an API POS solution powered by nexo standards Introduction
- 8 years 5 days ago
- Payments
Adyen is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure that connects directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across in-store, mobile and ecommerce channels. Its key customers include L’Oreal, Superdry, Facebook, Uber, Netflix, Spotify, Tory Burch, Casper and Bonobos.
MYPINPAD’S SECURE PIN CAPTURE TECHNOLOGY NOW EMBEDDED INTO THALES PAYSHIELD 9000 HSMs
- 8 years 5 days ago
- Payments
MYPINPAD, the global leader in payment acceptance and customer authentication solutions, is pleased to announce its software has been embedded into the latest base software release (3.4a) of the Thales payShield 9000 Hardware Security Module (HSM).
Earthport welcomes Sunil Sabharwal to board
- 8 years 5 days ago
- Payments
Earthport plc (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to announce that Mr Sunil Sabharwal, has agreed to join Earthport's Board as a Non-Executive Director, subject to regulatory approvals.
Visionet and SmartPesa Roll Out Mobey mPOS in Indonesia
- 8 years 6 days ago
- Payments
PT Visionet Data International, a leading provider of IT managed services for the financial industry, and SmartPesa, the market leader in mPOS (mobile Point of Sale) solutions for emerging markets, announced today the launch of Mobey - a next-generation mPOS payment service across Indonesia. Mobey is a payment and agency banking solution designed for financial institutions and merchants in Indonesia challenged by limited infrastructure and... more
