PSD2 education and awareness creating barriers to growth and innovation for UK fintechs
- 6 years 8 months ago
- Open Banking, Payments
Yolt Technology Services (YTS), Europe’s leading open banking third party provider, is urging the industry to do more to promote the consumer benefits of Open Banking and the revised Payments Services Directive (PSD2), to support growth in the Fintech sector.
7-Eleven Trials Cashierless Store Concept
- 6 years 8 months ago
- Payments
7-Eleven, Inc. is pushing the technological envelope once again, testing a cashierless store at its corporate headquarters, in Irving, Texas.
Sia Starts Its Listing Process
- 6 years 9 months ago
- Payments
The Board of Directors of SIA, meeting today under the chairmanship of Federico Lovadina, approved the start-up of the process to list the company's ordinary shares on the Mercato Telematico Azionario (MTA) market, organized and managed by Borsa Italiana, expected to take place by summer 2020.
Lightspeed Joins Forces With Stripe
- 6 years 9 months ago
- Payments
Lightspeed, the global point-of-sale and ecommerce platform, is partnering with Stripe to power in-store and online payments for retailers and restaurants in the US and Canada. Powering retailers that grow over four times the industry average in the US, Lightspeed has integrated Stripe Connect and Stripe Terminal to extend payment capabilities for their customer base. This will make it easier for restaurants and retailers to get started... more
Western Union and Italy’s Postepay Enable Cross-Border Payments
- 6 years 9 months ago
- Payments
Customers of App Postepay, among the preferred payment Apps in Italy, can now access Western Union’s cross-border and cross-currency platform to send money globally, following an agreement between Postepay, one of the largest Electronic Money Institution (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications and Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement... more
Klarna kicks off February with Smoooth Sessions: a future-gazing edition
- 6 years 9 months ago
- Payments
Last night, leading payments provider Klarna held its first “Smoooth Sessions” event of the year, with a panel of retail experts coming together to consider the future of retail.
Growing Number Of High Streets Banks Adopt Unique Cheque Fraud Prevention Tool
The TALL Group of Companies, the UK’s leading provider of secure electronic and paper payments solutions is working with a growing number of high street banks that have all signed up as early adopters of UCN Plus®, in a move designed to strengthen the industry’s protection against cheque fraud within the UK payments systems.
Paysend Develops Payment Solution For $1 Billion Pakistani Freelance Market
- 6 years 9 months ago
- Payments
Global fintech company Paysend has partnered with Pakistan’s JS Bank to support the launch a new payment solution for freelancers. The ‘Freelance Wallet’ will enable freelancers in Pakistan, estimated at 1.15 million in number and earning in excess of $1 billion per year, to be paid on time and in full. The JS Bank Freelance Wallet is an app-based solution to which payment can be sent using just a mobile number. The absence of relevant payment... more
Dot Raises $8 Million Seed Funding From PayU, Fosun RZ Capital, Info EdgeVentures
- 6 years 9 months ago
- Payments, FinTech StartUps
Dot, offline-to-online (O2O) commerce and fintech platform founded by entrepreneur and PayU India’s ex co-founder Shailaz Nag today announced that it has raised an initial seed funding of around US$8 million. PayU, the payments and fintech business of Prosus, and Fosun RZ Capital led the seed funding round, which also saw participation from Info Edge Ventures and other well-known angel investors in the country.
Airwallex and Visa Debut Airwallex Borderless Cards For Businesses
- 6 years 9 months ago
- Payments
Global fintech leader Airwallex today announced the launch of the Airwallex Borderless Card for businesses, in partnership with Visa, the world’s leading digital payment technology company.
MuchBetter launches MuchBetter cash – enabling physical cash-to-iGaming-account transactions
- 6 years 9 months ago
- Payments
MuchBetter, the award winning iGaming payments company, today announced the launch of MuchBetter cash, a unique cash-to-iGaming-account transaction service. Enabled by the MuchBetter API, MuchBetter cash allows customers to make free cash payments at offline retail locations directly into their iGaming accounts.
Payments Infrastructure Builder Finix Raises $35m
- 6 years 9 months ago
- Payments
Payments infrastructure platform Finix, has raised $35 million in a Series B funding round led by Silicon Valley VC Sequoia.
European Investment Bank and Azimo Sign EUR20 Million Debt Venture Deal
- 6 years 9 months ago
- Payments
The European Investment Bank (EIB) and Azimo, the European money transfer service, today announced a EUR 20 million debt agreement. The financing is supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan for Europe. The loan will help Azimo accelerate its expansion, including the development of its proprietary automated payments platform. Currently, some 130 of Azimo’s 160 total staff are... more
Bankable Announces Strategic Collaboration with Visa to Continue Growing Globally
Bankable, the global architect of “Banking as a Service” solutions, today announced a strategic collaboration with Visa in the United States. Bankable aims to provide Visa’s U.S. clients, including corporate and financial institutions, access to its real-time and modular banking solutions, enabling them to deploy digital banking and faster payment services. To accommodate ongoing work in the U.S., Bankable is opening an office in New York, which... more
MuchBetter launches personal IBAN service for secure, hassle free deposits
- 6 years 9 months ago
- Payments
MuchBetter, the award winning iGaming payments company, today announced the launch of a unique payments service allowing customers to set up a personal IBAN (International Bank Account Number) for use with their MuchBetter accounts, that can be paired with their iGaming accounts. The IBAN service is a free, private and straightforward way for players to transfer payments to their most frequently used iGaming accounts.
