SWIFT to Eliminate Frictions in International Payments by Upfront Verification of Account details in Real Time
New service enables real-time payment validation to reduce errors, exceptions and costs caused by wrong or missing beneficiary information Removes a key area of friction in cross-border payments, supporting SWIFT’s strategy for seamless, instant account-to-account transactions SWIFT today announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent, removing a key point of
Razorpay & Mastercard Launch Mandate HQ, a Safe & Secure Recurring Payment Interface
- 5 years 2 months ago
- Payments
To further the adoption of digital payments in a safe and secure manner, the RBI has issued a framework for processing of e-mandates on recurring online transactions. It has made AFA (Additional Factor of Authentication) mandatory for all recurring transactions below INR 5000 on debit cards, credit cards, even UPI and other Prepaid Payment Instruments (PPIs). All stakeholders are required to ensure full compliance with the framework by September... more
Central Bank of Mongolia Transforms its Infrastructure with Compass Plus
- 5 years 2 months ago
- Payments, Banking, Infrastructure
The Central Bank of Mongolia, also known as the Bank of Mongolia, has successfully completed a national project to migrate its entire payments infrastructure to Compass Plus solutions. Due to increasing transaction volumes, the bank needed a scalable, reliable, and trusted solution that could service large volumes of transactions, as well as a vendor that could provide the bank with the support they required.
Splitit Now Moving In-store with Apple Pay and Google Pay
- 5 years 2 months ago
- Investment, Payments, Credit Cards
Splitit, the company empowering shoppers to use their credit cards to pay in instalments, announced today it is bringing its instalment payments to in-store retail locations worldwide. Splitit InStore also includes Apple Pay and Google Pay to deliver an effortless in-store payment experience.
Serquo and HPS Announce their Strategic Partnership in Spain
- 5 years 2 months ago
- Payments
Serquo, a leading software and technology company, and HPS, the leading global provider of payment solutions, today announced a long-term strategic partnership to offer new and exciting payment technologies.
GoCardless Announces Partnership with Pennylane to Enable Small businesses and Start-ups to Automate Invoices, Accounting and Payments
- 5 years 2 months ago
- Management, Payments, FinTech StartUps
GoCardless, a leading fintech in account-to-account payments, has joined forces with Pennylane, the first financial management and accounting platform designed for companies and their accountants, to offer SMEs and start-ups a seamless way to manage and collect recurring payments.
Ebury Scales up Dubai Presence with DIFC-based Mass Payments Team
- 5 years 2 months ago
- Payments
● Ebury’s Mass Payments division expands footprint by adding Dubai to its network of offices in global financial centres, such as London and Singapore ● Ebury builds on its payments software offering in the region to seize the huge opportunity that exists in the UAE ● Commitment to customer service, dynamic tech platform and scalable network sets Ebury apart from traditional mass payments providers
Worldline Joins Forces with French Fintech Venture A3BC Regarding Secure and Touchless Authentication
- 5 years 2 months ago
- Digital Identity, Payments, Data
Biometric digital ID and data storage protocol enhance both safety and user experience combined with WL Trusted Authentication
GoDoFX Selects Integral for FX & CFD Trading Technology
Integral, a leading FX technology provider, announced today that GoDoFX, a next-generation retail brokerage in the UAE, has selected Integral MarginFX to support the growth of its FX and CFD business. GoDoFX was founded earlier this year by industry veterans in the UAE forex market. The group takes a client-first approach and aims to establish long-term and sustainable trading relationships with its retail customers.
Clearpay Launches New UK Loyalty Programme
- 5 years 2 months ago
- Payments
Today, Clearpay, a leader in “Buy Now, Pay Later” payments known as Afterpay (ASX: APT) outside the U.K. and Europe, has announced the launch of its new loyalty programme, Pulse Rewards. This unique programme encourages responsible spending, by offering benefits to customers who make on-time payments1.
Danish B2B Fintech Pleo Gains Unicorn Status After Raising $150m in Series C Co-led by Bain Capital Ventures and Thrive Capital
- 5 years 2 months ago
- Payments
Fintech scale-up Pleo, which offers a simplified expense management tool and smart company cards, has just raised its Series C round totalling $150m (USD). This is the all-time largest Series C raise in Danish history - and one of the biggest Series C rounds in European fintech -
PayFit and Hibob Join Forces to Streamline Payroll and HR Processes
- 5 years 2 months ago
- Payments
PayFit, one of the fastest-growing tech companies in Europe, launches its partnership with leading global HR provider Hibob. Through the integration, Hibob’s customers - including Revolut, Weezy, Hadean, Yulife, and Cambridge Intelligence - will have the ability to integrate employee information with PayFit, improving payroll processes and eliminating common pain points for HR teams and leaders of fast-growing businesses.
SumUp Brings Apple Pay to Small Businesses with SumUp Card
- 5 years 2 months ago
- Payments, Credit Cards
A safer, more secure and private way to pay with iPhone and Apple Watch Global payments service provider SumUp today brings its UK-based customers Apple Pay, a safer, more secure and private way to pay that helps SumUp merchants avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
ikigai Brings Apple Pay to All Clients
- 5 years 2 months ago
- Wealth Management, Payments, Banking
ikigai, the first UK app to bring together everyday banking and wealth management, today brings its customers Apple Pay, a safer, more secure and private way to pay that
Previse Partners with Pagero to Embed InstantPay Early Payment Technology
- 5 years 2 months ago
- Artificial Intelligence, Payments
Previse, the AI fintech that gets suppliers paid instantly, has partnered with global e-invoicing firm, Pagero to enable instant, embedded finance to be delivered through the world’s largest, open business network. The partnership will see Pagero roll out Previse’s early payment capabilities to its customers, giving suppliers on the Pagero network the option of a ‘pay me now’ button as soon as they generate an invoice.
