Swedish Central Bank taps Accenture for e-krona Pilot
- 5 years 8 months ago
- Cryptocurrencies
Sweden's central bank is set to sign a deal with Accenture to develop a digital currency, dubbed the e-krona, in a test environment.
ICBC, Alibaba and Ant Financial Strengthen Fintech Partnership
- 5 years 8 months ago
- Payments
Giants in their own right, ICBC - the world's largest bank in terms of assets - will work with Alibaba and Ant Financial by leveraging their collective expertise in electronic payment settlement and cross border finance to promote the wider use of digital technology in financial services. The Chinese companies aim to improve the quality of fintech products and services with smart technologies and product innovation, expanding on the... more
Citi and PayPal Extend Partnership to Institutional Payments
- 5 years 8 months ago
- Transaction Banking, Payments
Citi (NYSE: C) and PayPal (NASDAQ: PYPL) have expanded their partnership to enable Citi’s institutional clients to make payments into customers’ PayPal digital wallets. The extended partnership brings together Citi’s large global network and client base of multinational corporations, financial institutions, and public sector organizations and PayPal’s vast two-sided network of consumers and businesses, delivering more choice and flexibility to... more
PXP Financial Empowers Scenic to Set Sail for a Seamless Payment Future
- 5 years 8 months ago
- Payments
Leading payment services specialists, PXP Financial, has partnered with riverboat and discovery ocean cruise operator, Scenic Luxury Cruises and Tours, to empower it to set a new standard in ocean cruises for luxury and technology with a cashless payment system on board its newest “discovery yacht”, Scenic Eclipse.
Comviva Leverages HCE Technology to Power the SBI Card Pay Service
- 5 years 8 months ago
- Payments
SBI Card has recently launched the SBI Card Pay service that enables customers to create a virtual card on their mobile phone for their physical Visa SBI credit card. The customers can now simply tap their mobile phone on a Near Field Communication (NFC)-enabled point of sale (POS) terminal to make payments.
FSS Appoints K Srinivasan as its Global CRO
- 5 years 8 months ago
- Payments, People Moves
FSS, Financial Software and Systems, a leading global provider of integrated payment products, solutions, services and India’s largest payment processor announced the appointment of K Srinivasan as its Global Chief Revenue Officer. The announcement comes as a part of the company’s redefined strategy to increase its global footprint, enhance and strengthen its customer engagement and experience in India and across the globe. K Srinivasan will be... more
FSS accelerates global expansion plans; appoints K Srinivasan as Global Chief Revenue Officer
- 5 years 8 months ago
- Payments, People Moves
FSS, Financial Software and Systems, a leading global provider of integrated payment products, solutions, services and India’s largest payment processor announced the appointment of K Srinivasan as its Global Chief Revenue Officer. The announcement comes as a part of the company’s redefined strategy to increase its global footprint, enhance and strengthen its customer engagement and experience in India and across the globe. K Srinivasan will be... more
Introducing the first mobile gift card – just in time for Christmas
- 5 years 8 months ago
- Payments
Mastercard has partnered with CleverCards and Appreciate Group to launch Europe’s first ever fully digital gift card. The gift card is available now as a last minute Christmas present, as shoppers are able to send their gift card immediately by email, text or message app. Recipients can then simply add the fully digital Mastercard to their mobile wallet to instantly “tap-n-pay” in-store, or buy online.
SWIFT opens its KYC Registry to corporates
- 5 years 8 months ago
- SWIFT
SWIFT today announces the opening of its global Know Your Customer (KYC) registry to SWIFT-connected corporate groups, enabling them to manage and share KYC data with their banking partners across the globe. The go-live for corporates follows a successful testing period with 18 leading corporate groups including BMW, Spotify and Unilever which was supported by 16 global banks representing over 7,000 corporate to bank relationships on SWIFT.
Clear Skies Ahead for SatchelPay After Clearing Regulatory Hurdle
- 5 years 8 months ago
- Payments
SatchelPay, one of the leading European electronic money institutions, has been cleared by the Bank of Lithuania to resume all suspended services. This comes after the Bank of Lithuania imposed a temporary hold on selected SatchelPay services, following concerns raised by an audit that took place last spring. SatchelPay was immediately informed of the positive decision by the Bank of Lithuania, which communicated that all suspended services may... more
Team.blue and Clearhaus partner up, strengthening Nordic online stores
- 5 years 8 months ago
- Payments
European webshop owners may soon bid their payment concerns farewell. A new partnership between two of the most innovative players in the European payment industry will ensure a smooth and streamlined payment process when selling goods online.
Discover remains the most widely accepted card scheme worldwide
The influence of China on global card acceptance is shown by the fact that Discover is accepted at more outlets than Visa and Mastercard as a result of agreements with UnionPay and other schemes Reciprocal agreements boost acceptance for Discover, UnionPay and JCB
Paysend extends its worldwide footprint with expansion into Asia
- 5 years 8 months ago
- Payments
Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfers service to Japan and South Korea. Users are now able to send money to Japan and South Korea using card-to-card or account transfers. Asia is an important growth market for global money transfers. Global money transfers to the East Asia and Pacific region grew almost 7 percent to $143 billion in 2018, faster than the 5 percent growth in 2017,... more
AEVI merchant acquiring report shows integration and connectivity is a priority for industry to thrive
- 5 years 8 months ago
- Payments
If merchant acquirers are to outperform increasing competition from new entrants, they must leverage platforms that integrate digital value-added apps and services from third parties rather than try to integrate their own proprietary solutions. That’s the conclusion of a new report published by AEVI that examines merchant services trends in France, Italy, and Spain, with insights from leading industry experts.
TransferMate launches seamless payments within the AccountsIQ platform
- 5 years 8 months ago
- Payments
TransferMate, one of the world’s leading cross-border B2B payments providers, and AccountsIQ, a market leading cloud accounting, consolidation and business intelligence solution, have announced further product integration to offer seamless international payments for AccountsIQ clients. While AccountsIQ customers can already benefit from the preferential exchange rates and lower fees offered by TransferMate, the advent of TransferMate’s leading... more
