Klarna launches Open Banking Platform
Today, Klarna, one of Europe’s leading payment providers and the global market leader in payment initiation services, announces the launch of its own Open Banking Platform. This platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna’s XS2A API is the most established and proven solution that has been developed at scale across markets for... more
UK CFOs missing out on £6.7 billion each year by not taking advantage of early payment discounts
- 6 years 10 months ago
- Payments
New research from Barclaycard reveals that a Chief Financial Officer’s (CFO’s) leadership style and willingness to invest in their financial and accounting software has a tangible impact on their business’ bottom line. Faced with tighter margins and increased pressure to meet KPIs, businesses are turning to their accounts payable platforms to help them achieve their goals, with four in ten businesses (40 per cent) looking to upgrade their... more
Pelican expands pan-European Open Banking API interoperability
- 6 years 10 months ago
- Artificial Intelligence, Payments
Pelican (pelican.ai), a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France's STET and the Berlin Group, together with the Czech ČSOB, and the Polish and Slovakian APIs.
VERMEG appoints senior banking and payments expert as General Manager in the UK
VERMEG, the banking and insurance software solution leader, has appointed Philip Harrison as General Manager for the United Kingdom (UK). Philip joins the VERMEG Executive Committee with over thirty years’ experience and takes responsibility for sales, pre-sales, professional services and client support across all industries and product lines throughout VERMEG UK.
Currencycloud selected as part of Tech Nation’s Future Fifty 2019 cohort
- 6 years 10 months ago
- Payments
Currencycloud has been recognized as one of the UK’s most successful digital companies as it joins Tech Nation’s Future Fifty 2019 cohort. Future Fifty is a prestigious programme that enables the UK’s most successful late-stage tech companies to come together, build a powerful and supportive network, and problem-solve with peers. Previous alumni of Future Fifty have included household names such as Deliveroo, HailO and SkyScanner, as well as big... more
Mastercard Introduces Consumer-Centric Model for Digital Identity
- 6 years 10 months ago
- Payments
Mastercard today introduced a vision for digital identity in today’s increasingly connected world. A new paper, Restoring Trust in a Digital World, presents a detailed framework of how digital identity will work, starting with the individual sitting at the heart of every digital interaction.
Apple Reveals Apple Card
- 6 years 10 months ago
- Payments
EMVCo Promotes Confidence and Consistency for EMV® Consumer Device Cardholder Verification Method (CDCVM) Solutions
- 6 years 10 months ago
- Payments
The deployment of Consumer Device Cardholder Verification Method (CDCVM) solutions across the payments ecosystem is increasing. EMVCo is therefore working to promote confidence and consistency by identifying and addressing specific security, functional and performance needs for CDCVM.
A Card for Our Digital Era
- 6 years 10 months ago
- Payments
Simplicity, security and ubiquity sit at the very core of some of the most progressive innovations of our generation. These innovations have challenged the notion of, “that’s how it was always done” to lead to transformational “can’t live without” products and services that have made our day to day experiences better, faster and more convenient. Just 10 years ago, you couldn’t have imagined a world where your car ride or your morning coffee... more
Airwallex achieves unicorn status, and expands operations in Europe with new office in London
- 6 years 10 months ago
- Payments
The international payments startup has raised a new round of $100m USD investment led by DST Global, becoming a fintech unicorn Airwallex, an international payments fintech that specialises in low-cost, seamless cross-border payments, has today confirmed its unicorn status following successful series C funding of $100m USD, leading to a valuation at more than $1bn USD.
CIPD responds to BEIS report on executive pay: ‘It’s high time high pay is tackled’
- 6 years 10 months ago
- Payments
The Business, Energy and Industrial Strategy (BEIS) Committee report on executive pay, ‘Executive rewards: paying for success’ is being published on 26th March. In response, Charles Cotton, senior reward and performance adviser for the CIPD, the professional body for HR and people development, comments:
MEAWALLET ANNOUNCES VC FINANCING
- 6 years 10 months ago
- Payments
Digital payment solutions provider, MeaWallet, today announces the completion of its transition into a refinanced independent entity, following a management buyout enabled by a substantial capital injection from venture capital firm Idekapital Fund 1.
Andreas M. Antonopoulos Announced as Keynote Speaker for CryptoCompare Digital Asset Summit
- 6 years 10 months ago
- Cryptocurrencies
CryptoCompare has announced its Digital Asset Summit 2019 along with an impressive roster of speakers - with Andreas M. Antonopoulos, a best-selling author, speaker, educator, and one of the world’s foremost bitcoin and open blockchain experts, delivering a keynote speech.
Mastercard Brings Transit Into The Fast Lane To Speed Daily Commutes
- 6 years 10 months ago
- Payments
Anyone rushing to catch the train, bus or subway knows that every second counts and Mastercard plans to make transit payments as simple as a flick of the wrist. The company today announced that new transit solutions are expected to be live in more than 20 cities in the United States within the next few years.
NetSuite Makes Support for UK’s Making Tax Digital Initiative Easy
- 6 years 10 months ago
- Payments, Infrastructure
Making Tax Digital (MTD), the HMRC initiative that requires UK businesses to submit their tax returns and payments online while also keeping digital records of their taxes, becomes mandatory from 1st April 2019 with businesses required to submit from a list of HMRC compliant software (of which NetSuite is one) or an API-enabled spreadsheet.
