Payments

Mastercard Announces Consumer Protection Measures at The Pump

6 years 4 months ago
Securities Services, Payments

Mastercard announced a new consumer protection program to address the fraud vulnerabilities that exist today at fuel merchants who have not completed the upgrade to safer and more secure EMV terminals. This new program has been put in place as the company shifts the EMV Automatic Fuel Dispenser (AFD) liability date to April 16, 2021 to support fuel merchants still completing upgrades.

COVID-19 accelerates adoption of contactless payments

6 years 4 months ago
Covid-19, Payments

Consumers around the world are switching to contactless to help with social distancing, accelerating the adoption of contactless payments that was already under way With 15% penetration, contactless still has potential for further growth

Wirecard enhances payment suite for Xsolla, global video game business engine

6 years 4 months ago
Payments

Wirecard, the global innovation leader for digital financial technology, today announces Xsolla, the global video game business engine, as a new client for digital payments in Europe. Wirecard will complement Xsolla’s card payments offerings, so that gamers continue to have their favourite payment options available in their territories.

Life in Lockdown: Record numbers go online for essentials and experiences

6 years 4 months ago
Covid-19, Payments, Banking, Security

Online shopping has outstripped all other forms of spending over the past month, with more than half of UK shoppers (57 per cent) saying they are shopping online more than ever and record numbers signing up to virtual experiences like home fitness classes, TV and film subscriptions and online learning during lockdown.

EBANX launches solution for international websites to accept Caixa debit card in Brazil

6 years 4 months ago
Payments

EBANX, a Brazilian fintech known for providing payment solutions from Brazil and other countries in Latin America to global businesses, started offering to its international merchants the virtual debit card recently launched by the Brazilian Caixa Econômica Federal. Thus, international merchants of EBANX can offer this payment method to their Brazilian consumers.

UBRD provides an instant transfer service for its customers

6 years 4 months ago
Payments

One of the largest banks in Russia, Ural Bank for Reconstruction and Development (UBRD), has become the latest financial institution to offer customers real-time P2P payments after joining the Russian Faster Payments System (FPS). UBRD customers can now instantly transfer money using just a mobile phone number to customers of other member banks.

SME Marketplace unlocks financial access for 75,000 Indian farmers, aims to repair Coronavirus-hit supply chain

6 years 4 months ago
Covid-19, Platform Technology, Payments

BPC, the leading provider of digital payment solutions, shares pilot phase results from its new digital platform Safal Fasal, an SME Marketplace for small and marginal farmers in India. Through access to Farmers Producers Organisations (FPO), Safal Fasal has helped 75,000 Indian farmers access instant payment for the first time and increase their income.

LHV & Form3 Partner to Deliver a Single API-based Payments Platform

6 years 4 months ago
APIs, Payments

LHV, the financial and payment services provider, is pleased to announce an extended partnership (the ‘Partnership’) with Form3, the leading provider of real-time, cloud native payment technology. The Partnership delivers a single API-based payments platform, which gives fintechs and financial institutions 24 x7 access to instant payments in both GBP and Euro via the UK Faster Payments and the SEPA Instant Schemes.

Quppy - the first neobank to support mobile phone recharges in over 140 countries

6 years 4 months ago
Payments

Quppy, a three-year-old European fintech project, has integrated instant mobile phone top-ups in over 140 countries. Recharging your mobile phone and those of your relatives and friends has never been that easy and fast. You simply have to fill in the number or chose it from your contact list and state the exact recharge amount.

Mastercard and Enel X to Launch Fintech-Cyber Innovation Lab in Israel

6 years 4 months ago
Payments, IT Innovations

The new lab, launched in partnership with the Government of Israel following a competitive tender held by the Israel Innovation Authority, will collaborate with start-ups to test and develop solutions in fintech and cybersecurity

Velo Payments Partners with Mastercard to Modernize Business Payments Globally

6 years 4 months ago
Payments

Velo and Mastercard (NYSE:MA) today announced a partnership to modernize the $125 Trillion global business payments market. The agreement will see Velo operate as both a Buyer and Supplier Agent for Mastercard’s Track Business Payment Service. Track was built to simplify and automate the exchange of payments-related data between the world’s Buyers and Suppliers - one of the first open loop commercial solutions to do so.

PayGuard® Chooses Nuapay for Open Banking Payments

6 years 4 months ago
Open Banking, Payments

Leading provider of account to account payment solutions, Nuapay, today announces that it has been selected by PayGuard® a brand of Fusion Telecom to provide open banking payment services to its call centre customers. This is the first known deployment of open banking payments for telephone orders.

Wirecard and Varengold Bank Partner to Provide Financing and Market-leading Payment Solutions to FinTech firms

6 years 4 months ago
Payments

Wirecard, the global innovation leader for digital financial technology, and Varengold Bank, a leading provider of FinTech financing, announced today the launch of a new strategic cooperation. Together, Wirecard and Varengold Bank will provide ambitious FinTechs looking to scale their operations with access to capital to refinance their loan portfolios, combined with a comprehensive set of white-label payment solutions.

illimity launches first PIS Platform

6 years 4 months ago
Payments

illimitybank.com, the illimity Group’s digital direct bank, is introducing the Payment Initiation Service (PIS) in Italy for the first time ever, a system which enables customers to make payments from accounts of other banks consolidated on its platform.