Payments

Banking Circle Identifies Evidence of Increased Costs for EUR Payments From UK As a Result of Brexit

5 years 8 months ago
Payments

Banking Circle, the cross border payments expert, has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks to increase their fees for receipt of SEPA local payments in EUR from GB IBANs.

Entrust Partners with Netcetera to Fight Online Payment Fraud

5 years 8 months ago
Digital Identity, Securities Services, Payments

Entrust, a leading provider of trusted identities, payments and data protection, has announced a partnership with Netcetera, a leading 3 Domain Secure (3DS) provider, to help financial institutions combat fraud associated with card-not-present (CNP) transactions.

Worldline and Klarna Expand Payment Offering Across Europe

5 years 8 months ago
Payments

Klarna, the leading global payments and shopping service, today announces a strategic collaboration with Ingenico (part of Worldline, the European leader in the payment and transactional services industry, since late 2020) to make Klarna’s online payment solutions accessible to even more European merchants.

OpenWay Named “Best-in-Class” Vendor of Payment Processing Platforms

5 years 8 months ago
Payments

OpenWay was recognized as the highest-ranked vendor of payment processing platforms in the global market by Aite, a global research and advisory group.

Pelican Partners with SWIFT to Streamline Global Low Value Payments

5 years 8 months ago
Payments

Pelican today announced its support for SWIFT as it develops a new service for low value cross-border payments. This new service will enable banks to provide fast, easy, predictable, and frictionless cross-border payments for consumers and small and medium enterprises (SMEs). The service is expected to be ready by end of March 2021.

Mastercard and CleverCards to Expand Digital Card Issuance Across Europe

5 years 8 months ago
Payments

Mastercard and CleverCards have signed a strategic partnership to expand the usage of digital cards across Europe. The deal comes as CleverCards also joins Mastercard’s Fintech Express programme, propelling CleverCards to simplify the payments value chain across Europe to enable anyone, anywhere, anytime to be paid instantly by businesses.

Paysend to Waive Money Transfer Fees in Celebration of Chinese New Year

5 years 8 months ago
Payments

To celebrate Chinese New Year, global end-to-end payments provider Paysend has announced that the company is waiving international money transfers fees for funds sent to recipients in China through March 31, 2021.

Adyen Publishes H2 2020 Financial Results

5 years 8 months ago
Payments

Adyen published the latest earnings results, indicating another strong half-year for the global payments fintech. Results reflect business resilience and continued profitable growth in the second half of 2020, as surging volumes in online retail and digital goods verticals compensated for declining travel volumes. H2 2020 Figures

TransferGo Selects Thought Machine to Drive Global Expansion

5 years 8 months ago
Payments

TransferGo, one of the world’s fastest growing money transfer companies, today announces a partnership with Thought Machine, the cloud native core banking technology company, to propel its ongoing product innovation and drive global expansion into new markets. By taking advantage of Thought Machine’s next generation cloud native core banking platform Vault, TransferGo will focus on enhancing its customer experience through better, more advanced... more

Grupo Xcaret Integrates Worldline’s Chatbot Solution to Enhance Customer Experience

5 years 8 months ago
E-Commerce, Payments

Worldline, the European leader in the payments and transactional services industry and number 4 worldwide, today announced it has developed and launched a chatbot for Mexico’s eco-friendly theme park Grupo Xcaret, powering conversational commerce. The chatbot is now live, allowing visitors to chat, research and pay through the messaging bot, while reducing re-directs to mobile websites, which cause significant friction and empty shopping carts.

Lead Bank Taps Finzly’s Award-Winning Payment Hub to Modernize Its Payment Capabilities

5 years 8 months ago
Payments

Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced today that Lead Bank has implemented Finzly’s Payment Hub to enhance the bank’s payment and digital capabilities.

Payment Fraud Prevention App from NetGuardians Sees Success on Finastra’s FusionFabric.cloud

5 years 8 months ago
Payments, Fraud Detection

Finastra today announced the availability of NetGuardians’ Payment Fraud Prevention app on its FusionFabric.cloud open development platform. The app uses artificial intelligence to proactively detect fraudulent payments in real-time and reduce fraud losses.

MyFin Digital Wallet Launched With the Support of Fibank and Mastercard

5 years 8 months ago
Payments, Banking

Fibank and Mastercard have presented MyFin digital wallet, a platform for fast money transfers and online payments.

85% of Merchants with Multi-Acquiring Strategy See Rise in Conversion Rates, per Global Report from ACI Worldwide and Edgar, Dunn & Company

5 years 8 months ago
E-Commerce, Payments

Eighty-five percent of merchants that have adopted a multi-acquiring strategy have seen an improvement in conversion rates, according to a new study by ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions and Edgar, Dunn & Company, an independent payments consulting firm.