FinTech start-up Money Mover raises £1m to tap $5.6 trillion SME international money transfer market
- 11 years 2 months ago
- Payments
Money Mover, the online business currency exchange and international payments service dedicated to SMEs, today announced that it has raised £1m from a group of financiers, entrepreneurs and technologists, including Andy Homer and Sir Peter Michael. Money Mover aims to make international money transfer an asset rather than an inhibitor for SME growth by empowering businesses to make international money transfers quickly, at significantly reduced... more
CFPB Orders Citibank to Pay $700 Million in Consumer Relief for Illegal Credit Card Practices
- 11 years 2 months ago
- Payments
The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries to provide an estimated $700 million in relief to eligible consumers harmed by illegal practices related to credit card add-on products and services. Roughly 7 million consumer accounts were affected by Citibank’s deceptive marketing, billing, and administration of debt protection and credit monitoring add-on products. A Citibank subsidiary also... more
Premier Tax Free launch the future of Tax Free Shopping with self-service kiosks
Tax-Free Shopping Company, Premier Tax Free has developed a retail point of sale solution that is claimed to be the ‘future of tax-free shopping’. Premier Kiosk is a quick and simple interactive self–service solution that allows tourist shoppers to generate their own tax-free forms. Lengthy queues at till points and customers services as well as manual and lengthy paperwork can be eradicated.
Mint Payments To Cooperate With eWay
- 11 years 2 months ago
- Payments
Mint Payments is pleased to announce that it has signed an agreement with eWAY, whereby eWAY will licence Mint’s “card present” capability to distribute their own mobile point of sale (“mPOS”) solution. eWAY’s 20,000+ merchants will now be able to accept the full spectrum of card payments, including Visa and MasterCard, as well as EFTPOS through popular payment methods such as Apple Pay, Contactless, Chip & Pin, and Magnetic Swipe.
TRANSAXpay from FIS Helps Merchants with UK Launch of Apple Pay
- 11 years 2 months ago
- Payments
FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, today announced its readiness to support merchants in accepting Apple Pay.
Faster Payments will drive consumers to switch bank accounts
- 11 years 2 months ago
- Payments
The appetite for faster, easier and more convenient payment methods among UK consumers is rising rapidly, according to a new YouGov and ACI Worldwide (NASDAQ: ACIW) online survey of more than 2,000 UK adults. 45 percent of UK current account holders say the offer of faster electronic payments would encourage them to switch their bank account provider, the research shows. The findings reveal that UK consumers have high expectations when it comes... more
VersaPay Closes office in US
- 11 years 2 months ago
- Payments
VersaPay Corporation (VPY.V) ("VersaPay" or the "Company"), a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, today announced a change to the Company's US strategy and staffing.
CHAPS Payment System Welcomes BNP Paribas as 22nd Direct Participant
- 11 years 2 months ago
- Payments
CHAPS Co. (CHAPS), the UK’s same day high-value electronic payment system, has announced the addition of BNP Paribas as a Direct Participant onto its system. As a Direct Participant, BNP Paribas can now directly send and receive irrevocable, guaranteed sterling payments with same day finality, rather than through a third-party. Its customers will also benefit from enhanced payment security and mitigation of settlement risk.
MasterCard and PAY.ON Joined Forces To Enhance The MasterPass
- 11 years 2 months ago
- Payments
MasterCard and PAY.ON have joined forces to enhance the MasterPass digital wallet solution by making MasterPass immediately available to more than 110 payment service providers (PSPs) via PAY.ON's white label global payment gateway.
Pave To Expand in the USA
- 11 years 2 months ago
- Payments
Pave, the online marketplace lender focused on providing access to affordable credit through a personal and transparent funding experience, today announced the nationwide launch of its new platform, focused on serving Millennial borrowers across the United States.
Vodat International Transforms In-Store Payments with NCR’s Authentic Software
- 11 years 2 months ago
- Payments
NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Vodat International is using Authentic, an intelligent payments platform from Alaric, an NCR business. Vodat is using the platform to underpin its Unified Payment Service, which is providing retailers with a managed, PCI-compliant card processing solution.
Apple Pay Has Launched in the UK
- 11 years 2 months ago
- Payments
Apple Pay is now live in the UK, and MasterCard has announced that it will offer its cardholders immediate access to the new service helping them to use their cards where and how they want with a seamless experience.Users of Apple’s iPhone 6, iPhone 6 Plus and Apple Watch can make safe, secure and convenient payments at over 250,000 shops in the UK that accept contactless payments; and payments within apps using iPhone 6, iPhone 6 Plus, iPad Air... more
Volante Technologies To Launch VolPay Channel
- 11 years 2 months ago
- Payments
Volante Technologies Inc., a global leader in the provision of financial message and data integration, validation and processing software, continues to challenge the current approach to payments processing dominated by legacy systems, by announcing today the launch of their latest payments processing product – VolPay Channel.
S2M Deploys Cryptomathic’s CardInk for Card Issuance Across Multiple Continents
S2M, a North African pioneer in card payment solutions, has deployed Cryptomathic’s CardInk, EMV data preparation system, to enhance the flexible issuance of its EMV chip card portfolio and support the growing customer demand across Africa, Asia, Europe and the Middle East.
IDT To Launch Direct-to-mobile-wallet Service In Kenya and Niger
- 11 years 2 months ago
- Payments
IDT Corporation (IDT) announced today that its flagship Boss Revolution international money transfer service has launched a direct-to-mobile-wallet service to Kenya and Niger.
