RSwitch Signs Partnership with EFT to Empower Financial Access in Rwanda

• 2 years 10 months ago
• e-Payments

RSwitch, the national e-payment switch of Rwanda, has announced a new partnership with African fintech giant EFT Corporation to enable Rwandans to access their money across all technological platforms.

Monoova Makes its Move on Real-time FX Payments

• 2 years 10 months ago
• Payments

Leading Australian payments automation provider Monoova today announced its merger with foreign exchange organisation Moneytech FX to deliver a  single platform that enables businesses to consolidate domestic and international payment processes and take advantage of faster cross-border transactions.  

BHMI And Payshop Win “Editor’s Choice Award” at PayTech Awards 2022

• 2 years 10 months ago
• Payments

BHMI, a leading provider of enterprise software applications and creator of the Concourse Financial Software Suite®, and Payshop, a subsidiary of Banco CTT and part of the CTT Group, received the “Editor’s Choice Award” at the recent 

Chip Enhances the Savings Experience with TrueLayer Payments

• 2 years 10 months ago
• Payments

TrueLayer, Europe’s leading open banking platform, and innovative wealth-building app Chip, today announced their collaboration, delivering an improved customer experience through dramatically faster account payments.

New Data Shows Regulators Overlooking Sustainability Issues for Crypto

• 2 years 10 months ago
• Cryptocurrencies

New data from CUBE, reveals that despite the increased regulatory focus on cryptocurrencies, discussions around digital assets and sustainability make up less than 0.1% of regulatory issuances in 2022 so far.  

Leeds Fintech Start-up Agrees on Terms to Support Global Payments Platform

• 2 years 10 months ago
• Payments

Leeds technology start-up, PrinSIX, has been chosen by global payments processor Neosurf, one of the leading payment platforms used by the gaming and gambling sector, to support its client onboarding.

Sonovate Announces £165 Million Securitisation with BNP Paribas and M&G

• 2 years 10 months ago
• Payments

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced that it has completed a new securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding structure. The deal is an endorsement of Sonovate's position as a fintech industry leader and reinforces its high-growth trajectory, enabling it to lend over £1.3 billion in invoices this year alone.

PayPoint Launches Next Business Day Settlement

• 2 years 10 months ago
• Payments

PayPoint today announces the launch of a next business day settlement service for PayPoint One customers signing up to integrated card payments with a PayPoint-preferred acquirer. Initially available to new card payment customers for no additional fee, the service will enable retailers to receive funds from any card transactions directly into their nominated bank account the following business day.

Klarpay Becomes New Visa Principal Member

• 2 years 10 months ago
• Payments

Adyen Provides Omnichannel Payments Services to UNIQLO

• 2 years 10 months ago
• Payments

Adyen, the financial technology platform of choice for leading companies, has been chosen by Fast Retailing, operator of UNIQLO, to power payments for the brand’s in-store and online checkout in multiple markets.

Virgin Money is Partnering with Flexys for BBLS Success

• 2 years 10 months ago
• Payments

Virgin Money welcomes fintech partner Flexys' technology for delivering the UK government's Bounce Back Loan Scheme (BBLS) PAYG repayment choices.  British businesses who suffered during the Covid-19 epidemic were granted relief through the government's BBLS. Virgin Money lent around £1 billion to 34,000 businesses. 

Plum Launches Recyclable, Degradable Debit Card

• 2 years 10 months ago
• Payments

London fintech Plum, Europe’s ultimate personal finance app, has launched a debit card to help its customers take control of their finances. The card is Plum's first move into spending, consolidating its position as a comprehensive money app.

Valtatech Becomes the First and Only Coupa-approved Peppol Connector Available on its App Marketplace and Business Spend Management Platform

• 2 years 10 months ago
• Payments

Financial process automation experts and certified Peppol Access Point providers for Australia and New Zealand, Valta Technology Group (Valtatech), today announced its Peppol Connector for Coupa Invoice will be available to users in the Coupa App Marketplace, connecting businesses with certified, pre-built solutions to enable them to send and receive e-invoices and e-orders via the Peppol network. C

BNPL Company Openpay is Leaving US Market

• 2 years 10 months ago
• Payments

Buy-Now-Pay-Later agency in Australia Openpay has terminated US operations and dismissed most of its staff, Reuters reports.  The lender is the latest BNPL participant to experience the effects of rising interest rates and a wider economic slowdown, leading it to stop issuing loans in what it had recently called its major growth area.

Revolut Business Launches Revolut Reader, its First Hardware Device, Moving into In-person Payment Solutions

• 2 years 10 months ago
• Payments

Revolut, the super-app with over 18 million retail customers globally and more than 500,000 corporate clients, is launching Revolut Reader in the UK and Ireland. A fast and powerful lightweight card reader, the new product is designed to allow merchants of all kinds to accept payments anywhere, whether their business is in-person or on the go. The launch marks Revolut’s move into in-person payments, as the super app continues to diversify its... more