2021: The Year Card Payments Expire
- 5 years 8 months ago
- Payments
As more customers have turned to digital channels to manage every aspect of their lives, they have experienced a poor payments experience and service. The problem is cards. They were not built for a digital-first experience and have been retrofitted into current online payment flows. Newer approaches such as Google Pay or Apple Pay paper over those cracks but don’t change the fundamentals.
Paysend Strikes Another Record in Active Users at the Close of 2020
- 5 years 8 months ago
- Payments
UK-based global FinTech payments group Paysend achieved another record on December 30th with over 35,000 active users doing some 45,000 transfers abroad in a single day.
FAB Signs Testing and Trialling Agreement with CLS for ‘CLSNet’
- 5 years 8 months ago
- Payments
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has signed a testing and trialing agreement with CLS for its confirmation, matching and netting service ‘CLSNet’.
Three Payment Trends for 2021: Platform War, Safety and Big Tech
- 5 years 8 months ago
- Payments
What will happen in payments in 2021? Sirpa Nordlund, SVP Industry Engagement at Nets, shares her views on three big trends to expect next year. 1. In 2021, we'll see the war of platforms continue.
Nearly 1 in 4 Small Business Owners Now Won’t Buy Presents for Loved Ones This Christmas
Nearly a quarter of business owners (23%) will not buy any Christmas gifts for their family and friends this year as the pandemic takes its toll on plans across the UK. Christmas and working hours
New Data Raises Concerns About Post-Christmas Payments as Consumers Raise Card Spending
- 5 years 8 months ago
- Payments
Global analytics software provider FICO released its analysis of UK card trends for November 2020, which reflects the mixed financial fortunes of UK consumers as well as highlighting the continuing debt waiting game. “Our new data shows that despite the introduction of the second national lockdown, credit card spend increased in November, as Christmas shopping got underway, boosted by Black Friday,” explained Stacey West, principal consultant... more
Italian Banking Association Launches an Experimental Digital Euro Project
- 5 years 8 months ago
- Payments
Banks and the Italian Banking Association, in cooperation with ABI Lab, the banking research and innovation centre of the Italian Banking Association (ABI), have started experimentation with the digital euro. The aim of the initiative is to proactively contribute to public debate and support banks operating in Italy as they prepare for the future.
Robocash Group Launches Buy Now, Pay Later in the Philippines
An international fintech holding Robocash Group has expanded the product line with the launch of its first Buy Now Pay Later service UnaPay in the Philippines.
Tyl by NatWest Teams Uo with Fintech Charity Pennies to Support UK Charities
- 5 years 8 months ago
- Payments
As part of a commitment to help businesses and communities thrive, Tyl by NatWest has partnered with Pennies, the UK's leading fintech charity working to protect and grow micro-donations. The partnership grants a proportion of profit to charities, meaning that Tyl customers can benefit causes offering support to UK communities by choosing to adopt Tyl as their payment partner.
Vacuumlabs to Partner with Global Processing Services (GPS)
- 5 years 8 months ago
- Payments
Vacuumlabs, a trusted global software development partner with a proven track record in successfully delivering full-stack fintech solutions, today announces its
Currencycloud Nears 500 Customers as Digital Payments Double since Lockdown
- 5 years 8 months ago
- Payments
Currencycloud, the leader in providing B2B embedded cross-border solutions, today announces payment volumes have doubled across its platform since the start of lockdown, indicating a wider global rush to digital payments accelerated by the pandemic. The Fintech has seen monthly transactions jump to over $3 billion today and has had a record year for signing new customers, growing its customer base by a third.
Billhop Partners with Visa Finland and OmaSp to Improve Working Capital for Finnish Businesses
- 5 years 8 months ago
- Payments
Billhop (https://billhop.com/fi/) has announced a partnership with Visa Finland and OmaSäästöpankkiOyj (OmaSp) to help Finnish businesses improve their cash flow and close their liquidity gap. As part of the collaboration, OmaSp has released a new Visa business credit card product, the first of its kind in Finland, giving OmaSp customers access to a variety of benefits, including access to Billhop’s service at a preferential rate when paying... more
Eika Alliance & TietoEVRY to Deliver the Next-gen of Core Banking and Payment Solutions
TietoEVRY and the Eika Alliance, one of Norway`s largest banks and insurance companies, have entered into a comprehensive strategic agreement for the delivery of next-generation core banking and payment solutions, including card services and digital channels. With these deliverables TietoEVRY will ensure that the Eika banks gain high-quality digital solutions that attend to compliance and security at the same time as innovative and future-... more
PCI Pal Announces Payments: The Future of Security and CX Virtual Conference
PCI Pal®, the global provider of cloud-based secure payment solutions, has today announced it is hosting a virtual conference that invites attendees from around the globe to discuss and learn about the future of payment security and customer experience.
VibePay Partners with StreamElements to Bring Instant payments and 100% of Tips to Millions of Streamers
- 5 years 8 months ago
- Payments
VibePay, which powers account to account payments between consumers, friends and businesses, today announces the integration with content creator tools and services provider StreamElements to transform the way the gaming community makes and receives tips.
