National Settlement Depository first CSD to sign up for SWIFT gpi
- 7 years 7 months ago
- Payments
National Settlement Depository (NSD), Russia’s central securities depository (CSD) has become the first CSD to sign up for SWIFT’s gpi service – a rapid cross-border payments service that provides real-time payments tracking and transparency on bank fees and foreign exchange rates.
Flywire’s Global Payment and Receivables Business Accelerates into 2019
- 7 years 7 months ago
- Payments, Infrastructure
Flywire, a company that solves complex payment problems for leading businesses and institutions, continued its rapid growth in 2018, reaching new milestones in cross-border payment volumes and customers. The company, which raised $100 million in new funding mid-year, expanded its presence significantly in Asia-Pacific and EMEA and saw significant gains in both regions. In addition, Flywire rebranded and integrated OnPlan, a domestic payment... more
Barclaycard and UnionPay announce new payment acceptance partnership in the UK
- 7 years 7 months ago
- Payments
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, today announces a new card acceptance partnership with UnionPay International, a subsidiary of China UnionPay. The deal will enable its 110,000 UK merchants to accept UnionPay through a phased roll out that will begin this summer. UnionPay has the world’s largest cardholder base, and is the preferred payment brand for many Chinese visiting the UK as well as... more
Increased efficiency with Trustly recurring payments solution frees up significant amounts per month for aid organizations
- 7 years 7 months ago
- Payments, Banking, Infrastructure
Trustly, whose online bank payments are growing in popularity across Europe, has launched a partnership with the Help to Help Foundation to make the administration of monthly payments more effective with Trustly Direct Debit. The service digitizes recurring payments and simplifies the management of donations from monthly donors, which saves both time and money — money that instead can go to those in need.
ONPEX Partners with Wirexend to Bring Seamless Multi-Currency Cross-Border Payments
- 7 years 7 months ago
- Payments
ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with Canadian financial institution, Wirexend.
Payments NZ unveils first API standarda
- 7 years 7 months ago
- Payments, Infrastructure
I’m pleased to announce the release of our first API standards for Payment Initiation and Account Information. These open payments-related standards will be used as an important building block for new innovation which can benefit all Kiwis.
Concardis supplies payment solution for the new Destination Zermatt app
- 7 years 7 months ago
- Payments
Zermatt, the popular holiday resort in the Swiss Alps, counts on Concardis Payment Group: the payment service provider from Eschborn ensures smooth payment processes in the recently developed Matterhorn App, which is part of Zermatt’s digitalisation strategy. The app gives users maps of ski runs, restaurant tips and weather forecasts and lets them buy ski passes for the mountain railways in Zermatt or tickets for Swiss public transport. All this... more
UK payments schemes consolidated under Pay.UK banner
- 7 years 7 months ago
- Payments
Pay.UK is the new home for Bacs, Faster Payments, and Cheque and Credit Clearing and, as of today (1 March) it is also the formal home of their people, a skilled team with a wealth of experience across the UK’s complex payments industry.
Nelnet Business Solutions Joins Forces with Western Union Business Solutions
- 7 years 7 months ago
- Payments
Nelnet Business Solutions, Inc., has announced an expanded collaboration with Western Union Business Solutions to include an embedded interface between Nelnet's payment processing platforms and Western Union's trusted international payments service.
Barclaycard UK merchants to accept cards that run on the Discover Global Network
- 7 years 7 months ago
- Payments
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, today announces that it will start accepting cards that run on the Discover Global Network across its UK merchant network. Barclaycard and Discover Global Network have reached an agreement whereby Barclaycard’s merchants are now able to accept Discover, Diners Club International and affiliate network cards both in-store and online.
ACI Worldwide to Acquire Western Union’s Speedpay
- 7 years 7 months ago
- Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, and The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today announced they have entered into a definitive agreement for ACI to acquire Speedpay, Western Union’s United States bill pay business, for $750 million in an all
Tinkoff Bank among first adopters of Faster Payments System in Russia
Tinkoff Bank, one of the world’s largest digital banks, has become an early adopter of the Bank of Russia’s Faster Payments System (FPS) as it continues to build out its payment services ecosystem. Customers can now make and accept instant payments to and from accounts at any FPS member bank using just a mobile phone number. All P2P payments from debit cards during the launch period will be free of charge.
Mastercard and Angaza Partner to Bring a New Generation of Life-Changing Technology Solutions to Emerging Markets around the World
- 7 years 7 months ago
- Payments
Mastercard, a leading technology company in the global payments industry, has signed a global Memorandum of Understanding (MoU) with Angaza, a leader in last-mile distribution technology, which will see the two companies partner to rollout an efficient digital payment solution that increases access to affordable necessities, like solar home systems and water pumps, for people and businesses in emerging markets across the globe.
Omnio Marks Merger Milestone with Dazzling Tower of London Celebration
Omnio Group, a global banking and payment services provider formed by the £70 million merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, celebrated the launch of its new-look brand with a prestigious knowledge-sharing and networking event last night. The celebrations at the Tower of London were attended by over 250 of the biggest influencers and experts in the global banking and payments industry, including 20 thought... more
EBA CLEARING’s real-time payment system RT1 reaches critical mass in Germany
- 7 years 7 months ago
- Payments
EBA CLEARING announced today that its instant payment system RT1 has further expanded its coverage in the German market and now reaches a critical mass of payment service providers (PSPs) operating in Germany. With this large-scale connection to EBA CLEARING’s pan-European infrastructure platform, the German banking community has laid the foundation for rolling out euro real-time payment products and services to its customers nationwide.
