Paysend Releases the Beta Program for its New Global Account Service
- 6 years 10 months ago
- Payments
Paysend, an international payments and money transfer company, is today announcing the beta program for its new Global Account service. Built by a team of ex-Revolut engineers and designers, the Global Account is a simple mobile app that allows people to hold, move and spend multiple currencies globally. Ronald Millar, CEO, said “This is another great first for our team. They have created an award winning product that changes how consumers can... more
SmartStream further expands presence in Asia with new Chinese partner TGT Chibo Data Service
- 6 years 10 months ago
- Transaction Banking, Payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the appointment of TGT Chibo Data Service, one of the leading technology services and payment solution providers in China, as an official distributor partner for SmartStream’s TLM solutions in the Mainland market. This new agreement will allow TGT Chibo Data Service to initially market SmartStream’s reconciliations solutions to the... more
Over two-thirds of UK consumers still abandon online shopping purchases due to poor payment processes
- 6 years 10 months ago
- Payments
Online retailers are continuing to lose out on sales by failing to address customers’ preferred payment methods. According to research by PPRO Group, one of the fastest growing global FinTech providers, 67% of UK consumers have abandoned an online retail transaction due to the payment process, only down 1% in the past four years from 68% in 2014. With the biggest reasons cited as 22% didn’t recognise the payment process up from 6%.
SWIFT gpi to provide payment message error detection and upfront fee transparency
- 6 years 10 months ago
- Payments
SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers. More than 50% of SWIFT gpi payments are credited to the beneficiary in less than 30 minutes and many arrive in just a few seconds. A significant part of the remaining messages are delayed due to errors in the payment... more
Paxos Launches New Stablecoin
- 6 years 10 months ago
- Cryptocurrencies
Paxos today announced the launch of Paxos Standard™, the world's first regulated crypto asset. The Paxos Standard token is fully collateralized 1:1 by the U.S. dollar, issued by the Paxos Trust Company, and approved and regulated by the New York State Department of Financial Services.
Ripple and R3 Reach Settlement
- 6 years 10 months ago
- Blockchain, Payments
Ripple Labs Inc., provider of the leading enterprise blockchain solutions for payments and XRP II, LLC, release the following statement today: R3 HoldCo LLC, R3 LLC, Ripple Labs Inc. and XRP II, LLC announce that they have reached a settlement of all outstanding litigation between the parties. The terms of the agreement will remain confidential and both sides look forward to putting these disputes behind them.
FIME’s Shenzhen lab receives EMVCo, Mastercard and Visa accreditations
- 6 years 10 months ago
- Payments
FIME’s Shenzhen laboratory is now accredited by EMVCo to deliver contactless EMV® Level 1 card, terminal and mobile, and contact EMV Level 2 terminal testing, debugging and type approval services. In parallel, the lab has received accreditation from Mastercard and Visa to deliver contactless terminal testing and type approval services in-line with each scheme’s respective requirements.
Viva Wallet activates UK IBAN accounts for its business customers
- 6 years 10 months ago
- Payments
Viva Wallet activates UK IBAN accounts for its UK business customers via Faster Payments for direct money transfers between banks as well as payment providers in the UK.
Oracle Net suite installed at Ebanx
Oracle NetSuite has started the process of integrating its Enterprise Resource Planning (ERP) software into EBANX, global fintech company with Latin American DNA, that offers local payment solutions from Latin America to websites that sell internationally.
New York City Real Estate Coin (NYCREC), A Tokenized Real Estate Fund With Cashflow Dividends, Announces Regulation S ICO in Q4 2018
- 6 years 10 months ago
- Cryptocurrencies
New York City Real Estate Coin (NYCREC), a tokenized real estate fund that allows token holders to enjoy the benefits of fractional ownership of real estate in New York City, has just announced that its Regulation S* securities token offering (STO) will begin in Q4 2018. What is New York City Real Estate Coin? NYCREC is the world’s first tokenized real estate fund focused on New York City real estate with an institutional-quality real estate and... more
Tolar Prototype Demonstration 2.0 to be held in Zagreb
- 6 years 10 months ago
- Blockchain, Cryptocurrencies
On September 12, starting at 6pm, Tolar HashNET, 4th generation blockchain, will have a live presentation to demonstrate its prototype with a speed reaching 150,000 TPS on 100 nodes. The event will be held at COTRUGLI Business School premises in Zagreb and is open to public. Livestream of the event will be available through Tolar Official Youtube Channel.
Singapore Airlines clips boarding passes to Google Pay
- 6 years 10 months ago
- Payments
Customers travelling with Singapore Airlines (SIA) can now have the added flexibility of saving their mobile boarding pass on Google Pay, the digital wallet platform and online payment system developed by Google. This is the first time an airline in the Asia-Pacific region has such a capability on Google Pay. With this new initiative, customers can simply produce their boarding pass, which is saved to Google Pay, and proceed straight to the... more
Chinese traders must pay fair postal charges or more British retailers will collapse, says ParcelHero
- 6 years 10 months ago
- Payments
As the Universal Postal Union meets to decide the secret rates each country must pay for cross border deliveries, international parcels expert ParcelHero says China must be forced to pay its fair share.
Game-changing $1 TRILLION USD Industry cryptocurrency crowdsale launched
- 6 years 10 months ago
- Cryptocurrencies
A new cryptocurrency created to shake up the payment systems of the $1 TRILLION USD Meetings, Events and Weddings industry (MEW), has been launched as a token sale on the popular Ethereum cryptocurrency network platform.
Adyen rejuvenates in-store payment integration with an API POS solution powered by nexo standards Introduction
- 6 years 10 months ago
- Payments
Adyen is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure that connects directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across in-store, mobile and ecommerce channels. Its key customers include L’Oreal, Superdry, Facebook, Uber, Netflix, Spotify, Tory Burch, Casper and Bonobos.
