All banks in Aruba now offer Instant Payments through IP-infrastructure of the Central Bank of Aruba implemented by equensWorldline
Aruba’s entire banking community has switched to Instant Payments (IP) using the Clearing and Settlement Mechanism (IP CSM) of the Centrale Bank van Aruba (CBA), which was implemented by equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry. The implementation of this new payment infrastructure – which is led by the CBA – is unique because the Caribbean island... more
Equifax partners with rent reporting innovator CreditLadder to improve tenants’ access to credit
- 4 years 1 month ago
- Payments
Equifax, the business and consumer insights expert, is partnering with CreditLadder.co.uk, the UK’s largest rent reporting platform, to include rental payment data in Equifax credit assessments.
HPS introduces QR-based National Payment System to Saudi Arabia
- 4 years 1 month ago
- Payments
To enhance the electronic payment sector throughout Saudi Arabia and reduce the dependence on cash, HPS has been appointed by Saudi Payments, a fully owned subsidiary of Saudi Arabia Monetary Authority (SAMA), to provide a unified QR code platform to enable banks, wallet providers and FINTECHs to interact seamlessly within an interoperable platform. This initiative is based on the joint partnership between the two parties, and it aims to support... more
FIS enables secure seamless online payments with new Worldpay 3DS Flex Solution
- 4 years 1 month ago
- Payments
As merchants prepare for new regulatory requirements to employ Strong Customer Authentication (SCA) by December 31, 2020 in the European Economic Area and by March 14, 2021 in UK, FIS™ (NYSE: FIS), a global leader in financial services technology, launches its new 3D Secure (3DS) authentication service, 3DS Flex.
Klarna research reveals UK millennials turn to tech & talking to manage money
- 4 years 1 month ago
- Payments
Today, new research from global payments provider Klarna reveals that although consumers in the UK are less likely than their global counterparts to openly discuss money, there are signs that younger Brits are becoming increasingly more willing to discuss financial matters with friends and family.
EMVCo Supports Security Evaluation for IoT Products
Global technical body EMVCo has confirmed its security evaluation methodologies and processes support IoT payment use cases, enabling emerging solutions and devices to be evaluated quickly and efficiently.
Fiserv to Deepen and Expand Merchant Services Business with Acquisition of MerchantPro Express
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, today announced that it has acquired MerchantPro Express as part of a broader strategy to expand the Fiserv merchant services b
Evarvest Selects Judopay to Improve Financial Inclusion Among Investors
- 4 years 1 month ago
- Payments
Judopay, a leading mobile-first payment provider, has today announced its partnership with Evarvest, a Lithuania-based start-up providing an easy to use, transparent and low cost way to access global stock markets, to deliver a frictionless and best-in-class payment experience for its mobile app investors.
FIME launches Smartspy+ to evaluate any transaction, anywhere
- 4 years 1 month ago
- Payments
FIME has launched its new Smartspy+ solution to support the adoption of contact and contactless transaction technologies for payments, transport and access control. Enhanced portability and performance allow product developers and system integrators to check, debug and validate their products wherever they are. This accelerates time to market for smart cards, NFC tags, ePassports, mobile devices and readers by identifying interoperability issues... more
I2C Expands Presence in Middle East and Africa
- 4 years 1 month ago
- Open Banking, Payments
i2c Inc., a leading provider of payment and open banking technology, today announced it is expanding its presence in the Middle East and Africa (MEA) due to high demand in the region for its solutions. i2c partners with financial institutions, fintechs and governments using its unique i2c agile processing technology and APIs to bring innovative credit, debit, prepaid, and multi-currency solutions to market quickly.
PPS Enables Best-in-Class Real Time Payments for UK and European Fintechs via Pay.UK’s Faster Payments Scheme and Strategic Partnership with Form3
- 4 years 1 month ago
- Payments
PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today announced its direct participation in Pay.UK’s Faster Payments Scheme, the service that enables UK domestic mobile, internet, telephone and standing order payments to move quickly and securely.
Ecommpay Integrates with Paypal Commerce Platform
- 4 years 1 month ago
- Payments
PayPal has confirmed integration with ECOMMPAY to pilot the PayPal Commerce Platform. Launched in 2019, the platform is designed to work with other tech platforms, payment networks, banks, and merchants - all of whom share a similar vision to make payments easy, reduce friction, and create hassle-free experiences for merchants and customers. The partnership between PayPal and ECOMMPAY offers clients a broader selection of payment options and... more
Major bank in the South Urals joins Faster Payment System
Credit Ural Bank has become the first local bank in the Chelyabinsk Region to join the Fast Payment System (FPS). The bank’s entry into the FPS will enable its customers to make payments using their mobile phone numbers as a token.
Swisscard Improves Early Collections, Reduces Net Credit Losses 40 Percent With FICO Analytics
- 4 years 1 month ago
- Credit Cards
Swisscard AECS GmbH, a leading credit card company in Switzerland, has optimized its early collections using FICO analytics leading to a 50 percent increase in revenue from billable collection expenses, a 40 percent reduction in net credit losses, a 30 percent reduction in account terminations whilst also lifting its Net Promotor Score for customers in collections by 11 points through improved customer interactions. For its achievements,... more
MYHSM Payment HSM as a Service Provides Building Block for ACI Worldwide’s Cloud-Deployed Solutions
MYHSM announced today that its cloud-based Payment Hardware Security Module (HSM) service can now be added to ACI Worldwide's solutions as a building block of a comprehensive cloud payments strategy for acquirers, issuers, payment processors and banks.
