The Payments Association Echoes Industry Calls for Policymakers and the Fintech Sector to Support Consumers with Community Finance
- 1 year 4 months ago
- Payments
With millions of people in the UK struggling to access affordable financial services, The Payments Association is calling attention to underutilised solutions including community finance options like credit unions. The association’s newly released paper: "Redefining Community Finance: Unlocking Pathways to Financial Inclusion" highlights the potential of these institutions but also the significant barriers hindering their growth.
IDEX Biometrics Receives Production Order for IDEX Pay as Beautiful Card Corporation Is Granted Mastercard Letter of Approval
- 1 year 4 months ago
- Payments
IDEX Biometrics has received a production order from Beautiful Card Corporation (BCC), in support of bank launches in Asia. BCC has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform, allowing the issuance and deployment of biometric cards globally.
Nium and Air France-KLM Take Off to Power Airline Payments
- 1 year 4 months ago
- Payments
Nium, the global leader in real-time global payments, today announced a collaboration with Air France and KLM to power “closed loop” electronic payments between the airlines and selected travel agents. The Nium Airline Payments Solution (NAP) provides an alternative to travel agent card transactions, using a private network of trusted UATP authorization rails and bank transfers to offer lower costs, simplified reconcil
UK Reaches 150 Million Contactless Cards in Issue
- 1 year 4 months ago
- Payments
UK Finance today releases its card spending data for March 2024, covering the monthly value and volume of transactions across debit and credit cards. The data shows the number of contactless cards in issue in the UK topped 150 million (150,172,000) for the first time in March 2024. This means that contactless cards now make up 93 percent of the cards in issue in the UK.
GoCardless Works with Federation of Small Businesses to Help Its Members Tackle Late Payments
- 1 year 4 months ago
- Payments
GoCardless, the bank payment company, announces a new partnership with the Federation of Small Businesses (FSB) to offer its members practical tips and advice to help address late payments. . .
Swift Research Finds European SMEs Expect to Be More Competitive and Save Money as a Result of Instant Payments Regulation
- 1 year 4 months ago
- Payments
Swift today published the findings of research that shows Small and Medium Enterprises (SMEs) in the European Union feel positive about the EU’s Instant Payments Regulation, with many expecting it to save them money, improve their cash flow, and increase their competitiveness.
Bybit Card Brings Apple Pay to Customers
- 1 year 4 months ago
- Payments
Bybit Card from Bybit, one of the world's top three crypto exchanges by volume, today brings its customers Apple Pay, a safer, more secure, and private way to pay at checkout when using the Bybit app or website to purchase cryptocurrency. Bybit offers competitive currency rates, ensuring users get the best price for their assets.
Digital Payments Demonstrated to Have a Lower Environmental Impact Than Cash
- 1 year 4 months ago
- Payments
The European Digital Payments Industry Alliance (EDPIA) is pleased to announce the publication of the Oxford Economics white paper The environmental impact of digital over cash payments in Europe. With the study, EDPIA wants to contribute to and engage in the public debate on how the payment value chain can take actively part in achieving a low carbon economy and showcase which areas are likely to deliver the best decarbonization potentials.
eBay Launches Venmo as a Payment Option
- 1 year 4 months ago
- Payments
eBay is expanding payment method choice at checkout by adding Venmo. The move to introduce new, popular and modern payment options aligns with the evolving preferences of today’s digital natives. This convenient, simple, and safe payment method will bring eBay buyers in the U.S. even more choice and flexibility during the checkout experience.
Stripe Launches a Series of Enterprise-Grade Solutions for the French Market
- 1 year 4 months ago
- Payments
Stripe, a financial infrastructure platform for businesses, today announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products for the French market since launching in the country in 2016. New advanced payments solutions for French businesses on Stripe
Visa Supports Cashless Day 2024, Accelerating Vietnam's Digital Payments Revolution
- 1 year 4 months ago
- Payments
Visa, a world leader in digital payments, continues to support Vietnam's annual Cashless Day (Jun 16), aiming to propel the country's digital payments ecosystem. Visa is sponsoring the 6th Cashless Day celebration, organized by the State Bank of Vietnam and Tuoi Tre Newspaper. This year's campaign seeks to engage consumers and businesses with exciting activities and special offers, designed to promote digital payments and expedite Vietnam's... more
BNP Paribas and BPCE Announce Their Plans to Create a Strategic Partnership in the Field of Payments
- 1 year 4 months ago
- Payments
Given the unprecedented development of payment infrastructures and its future prospects, it is essential to invest in a way that is commensurate with the challenges.
Paytiko: Why Expand to Dubai?
- 1 year 4 months ago
- Payments
For businesses worldwide, accepting and managing global digitalized payments has risen in the wake of recent technological booms. As a result, the Middle East has hopped onboard to this trend and skyrocketed its fintech landscape in recent years. Through the establishment of numerous local payment service providers, merchants, and Emirati banks accepting a broader range of transactions, the Middle East’s payment infrastructure is on an upward... more
Flexys Partners with Acquired.com to Offer a Market-Leading Debt Collection Payment Experience
- 1 year 4 months ago
- Payments
Acquired.com, the next-generation payments business focused on powering recurring commerce, and Flexys, a leading UK-based collections management technology provider, are pleased to announce their new partnership.
Ripple Collaborates with Archax to Bring Hundreds of Millions of Dollars of Tokenized Real World Assets to the XRP Ledger
- 1 year 4 months ago
- Cryptocurrencies
Ripple, the leader in enterprise blockchain and crypto solutions, and Archax, the UK’s first Financial Conduct Authority regulated digital asset exchange, broker and custodian, today announced an extension to their existing collaboration which is expected to bring hundreds of millions of dollars of tokenized real world assets (RWAs) onto the XRP Ledger (XRPL) over the coming year and establish the XRPL as one of the leading blockchains for RWA... more
