FICO UK Credit Market Report May 2021: Markedly Lower Year-On-Year Increase in Credit Card Spend Suggests Consumers Are Adjusting to ‘New Normal’
- 5 years 3 months ago
- Management, Payments, Credit Cards, Data
4 percent rise in credit card spend and 10 percent increase in payments to balance reflects continued use of pandemic savings, plus pragmatic financial management with end of government support on the horizon Highlights Third consecutive monthly increase in credit card spend – but growth rate slowing at 4 percent
Mastercard and Lloyds Bank Partner on New Open Banking Checkout Solution
- 5 years 3 months ago
- Open Banking, Payments, Banking
· Lloyds Bank Commercial Banking will be utilising Mastercard’s Open Banking Merchant Payment Solution to launch PayFrom Bank. · The solution enables individuals to make online payments directly from their bank accounts, giving consumers more choice over how they pay and providing merchants with instant settlement of funds · United Response, a charity supporting vulnerable people, is the first merchant to sign up.
Maslife Partners with Paynetics for a New AI-powered Payment and Wellbeing App
- 5 years 3 months ago
- Artificial Intelligence, Payments, e-Payments
New partnership aims to improve financial wellbeing through a gamified app experience
Empowering and Upskilling MSMEs with financial literacy, PayNearby University Aims to Educate and Handhold its Retailers
- 5 years 3 months ago
- Payments
Aims to create a thriving ecosystem for its retail partners by helping them utilize PayNearby’s platform extensively to earn more
Views of Sanjeev Kumar, CEO, Spice Money
- 5 years 3 months ago
- Payments
We would like to share the views of Mr. Sanjeev Kumar, CEO of Spice Money on the same:
Vibepay Launches ‘channels’, a Major Step in The Journey to its Pro Offering
- 5 years 3 months ago
- Open Banking, Payments
VibePay has today launched ‘Channels’, a new feature which marks a major evolution in how consumers and businesses will interact with payments in the future. Channels removes the need for users to scroll through multiple, busy timelines to manage transactions between friends, family and the wider VibePay community. Instead, Channels links multiple bank accounts and provides an ongoing, dedicated timeline of all payments between users and another... more
Airwallex Strengthens End-to-end Offering in Australia with New Online Card Payment Acceptance Solution
Airwallex’s new online card payments solution provides businesses with a seamless and secureway to collect online Visa and Mastercard payments from customers around the world
U.S. News & World Report’s 360 Reviews Names Stax as the Best Credit Card Processing Company of 2021
- 5 years 3 months ago
- Payments, Credit Cards
Leading technology and solutions provider is designated as one of the best credit card processing companies for a third consecutive year
Mastercard Joins the Regional Alliance for the Digitalization of Women in Latin America and the Caribbean
- 5 years 3 months ago
- Payments
Private and public sector unite to support a collaborative virtual platform, which aims to offer digital skills courses to 3.8 million women and create more than one million economic opportunities for women in the region throughout the next three years.
Deko Continues Growth with Further Appointments to Executive Team
PAYMENT AND LENDING EXPERTS TO JOIN DEKO AND SUPERCHARGE THE DEKO ECOSYSTEM Ex-Barclays Payment Gateway CTO Tom Myles will lead the acceleration of the technological development of Deko’s ecosystem Rob Fernandes, a leading industry advisor, joins as Chief Product Officer with a focus on growing Deko’s offering and widening its appeal
Visa to Acquire Currencycloud
- 5 years 3 months ago
- Payments, Cryptocurrencies, Cloud
Visa today announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and retention incentives. The financial consideration will be reduced by the outstanding... more
Barclaycard Payments Signs Up to Mastercard Track Business Payment Service to Modernise Business Payments
- 5 years 3 months ago
- Payments
Barclaycard Payments today announces it has agreed to join Mastercard Track™ Business Payment Service, making new services available to Barclaycard Payments’ customers later this year. The innovative, open loop network delivers value to both Buyers and Suppliers by simplifying and automating the set up and execution of business payments using multiple payment rails and enhancing the exchange of payments-related data. In turn, it enables Buyers... more
Universo’s Portuguese Credit Card Product Payments Are Streamlined Through New Partnership With Token
- 5 years 3 months ago
- Open Banking, Payments
Universo, one of Portugal’s leading financial institutions, with more than 900K cards issued, announced a partnership with open banking pl
CoinSwap Space Adds Staking Pools With ADA Rewards
- 5 years 3 months ago
- Payments
CoinSwap Space, a decentralized exchange on the Binance Smart Chain, this week announced the option to stake their native CSS token and earn rewards in ADA. This new feature, along with the ability to earn rewards in ETH and LINK, is one of a trio of staking options for CSS that have recently been launched. These new staking offer users rewards in major crypto tokens to allow them to minimise risk through the volatility the market is currently... more
PayU Invests in Blockchain-Based Payments with CELO and Launches New Stablecoin Option to 450,000 Merchants
- 5 years 3 months ago
- Payments
PayU, the payments and fintech business of Prosus, has announced its collaboration with Celo, the mobile-first, open-source blockchain ecosystem focused on making DeFi accessible to anyone with a smartphone.
