Infosys Finacle and Payveris Partner to Bring Industry-Leading Solutions to US Community Banks and Credit Unions
- 9 years 1 month ago
- Payments
Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), today announced a partnership withPayveris, an online and mobile digital payments co
CFPB Orders Citizens Bank to Pay $18.5 Million for Failing to Credit Full Deposit Amounts
- 9 years 1 month ago
- Payments
Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) took action against Citizens Bank for failing to credit consumers the full amounts of their deposited funds. The bank kept money from deposit discrepancies when receipts did not match actual money transferred. Today’s CFPB consent order requires the bank to provide approximately $11 million in... more
BlackBerry To Partner With PayPal
- 9 years 1 month ago
- Payments
BlackBerry has teamed up with PayPal for a trial that lets BBM users in Canada send and receive money through the messaging service. Once they have connected their PayPal account, BBM users can send money to friends and family within a chat by hitting a PayPal icon and entering the amount.
BitX Selects Zazoo to Offer Interoperable Spend via Mobile Virtual Card Technology
- 9 years 1 month ago
- Payments
ZAZOO, a business unit of Net 1UEPS Technologies, Inc. ("Net1") (NASDAQ: UEPS)(JSE: NT1), has signed an exclusive deal with BitX, a leading universal Bitcoin platform that wi
Geoswift Joins Forces with UnionPay International and Western Union Business Solutions to Offer Tuition Payment Promotion
- 9 years 1 month ago
- Payments
Geoswift, Western Union Business Solutions, a subsidiary of The Western Union Company, and UnionPay International today announced a promotion where UnionPay will pay for medical insurance coverage for eligible students that process tuition payments through their payment network.
Japan Post Bank chooses Earthport Payment Network to provide cross-border services for its customers
- 9 years 1 month ago
- Payments
Earthport (AIM: EPO), the leading payment network for cross border transactions, announces an agreement to enable cross-border services for Japan Post Bank, Japan’s largest retail bank in terms of deposits. The first of its kind, this partnership will enable the bank to provide improved customer experience and reach for cross border consumer remittances.
WorldRemit Introduces Mobile Money Transfers to Burundi
- 9 years 1 month ago
- Payments
Online money transfer service WorldRemit today launches instant Mobile Money transfers to Burundi, the first remittance service to do so. Customers in 50 countries can now send money direct to EcoCash mobile wallets – just like an instant message. WorldRemit’s mobile-to-mobile remittance service already enables people to send funds direct to Mobile Money wallets in countries across Africa, Asia and Oceania. Now the 350,000 Burundians who live... more
Canada to Modernise National payments infrastructure
- 9 years 1 month ago
- Payments
The Canadian Payments Association has hired global consulting firm McKinsey to draw up plans to modernise the nation's core payments infrastructure. McKinsey will conduct stakeholder interviews and prepare a fact-based analysis to support the multi-year project to renew the CPA's payments clearing and settlement infrastructure. "By mid-2016, our goal is to identify user needs and priorities, as well as likely go-forward requirements, and to... more
Taiwan's CTBC Bank To Pilot Face Recognition ATM Machine
- 9 years 1 month ago
- ATMs
Taiwan's CTBC Bank has launched a pilot version of an ATM that uses both facial recognition and finger-vein scanning to verify identity. Should the trail be successful, users will be able to withdraw funds without the use of a card or a PIN. The pilot project comes just weeks after engineers in China claimed to have developed the first ever cash machine to use facial recognition technology.
BitPay Announced Partnerships With Payments Companies From Around The Globe
- 9 years 1 month ago
- Payments
During the first half of 2015, the company has signed deals with PSPs Payfirma, Sonic Payments, BillPro, Kadu, OpenPay, and Ixopay. These payments companies are based on three continents and, in total, serve more than 100 countries.
Ezetap Mobile Solution To Raise $23 million To Fund Rapid Growth
- 9 years 1 month ago
- Payments
Ezetap Mobile Solutions, the Bangalore-based pioneer in mobile payments for emerging markets, today announced that is has raised Rs. 150 crores in fresh funding. Ezetap’s current investors; Social+Capital, Helion Advisors, and Berggruen Holdings are joined by Horizons Ventures, the private investment arm for Li Ka-Shing, and the Capricorn Investment Group in this round. Social+Capital founder Chamath Palihapitiya will become Chairman of Board... more
BW-Bank To Extend Its Contract With Worldline
- 9 years 1 month ago
- Payments
The bank came to its decision based on the longstanding and successful collaboration between the two companies. Worldline has managed issuing processing for the bank’s extensive range of cards for the past 17 years. Now, in addition to extending the existing service, development and introduction of innovative and future-oriented solutions are in the pipeline.
Glory Global Solutions partners with Atos
- 9 years 1 month ago
- Payments, Retail Banking
Atos, an international leader in digital services, and Glory Global Solutions, a pioneer in the development and manufacture of cash managing equipment and systems, today announced a preferred partnership agreement to enhance the provision of Managed Services to customers throughout the retail cash chain.
linked2pay To Launch Bank Centric Payments
- 9 years 1 month ago
- Payments
linked2pay, an award winning provider of ACH and credit card payment solutions announced today the launch of Bank Centric Payments™. Initial bank and reselling partners are deploying the solution.
PayItSimple USA Inc. Named BAI-Infosys Finacle Global Banking Innovation Award Finalist
- 9 years 1 month ago
- Payments
PayItSimple has been named a finalist in the Most Innovative Non-Financial Institution category at the 2015 BAI-Infosys Finacle Global Banking Innovation Awards, presented at the
