FICO UK Credit Card Market Report: January/February 2025
- 1 hour 6 min ago
- Credit Cards
The latest analysis of UK card payments from global analytics software leader FICO shows that spending fell in January and rose in February, as per usual seasonal patterns. However, January saw increases in missed payments across one, two and three months. In February there was evidence of consumers prioritising card payments, with decreases in cardholders missing one and two payments. An area of concern for credit managers is the persistent... more
Garanti BBVA Romania Implements Allevo FinTP-Instant for Real-Time RON Transfers
- 1 hour 35 min ago
- Payments
Allevo announces the successful deployment of FinTP-Instant at Garanti BBVA Romania. The solution connects the bank to the Instant Payments service hosted and operated by TransFonD and processes payments within scheme constraints. The Instant Payments service ensures money transfer in a few seconds, the maximum amount of a payment being 10.000 RON, and 49.999,99 RON for a collection. Such a payment can be initiated 24/7/365 between... more
Mastercard and Corpay Launch Strategic Partnership in Cross-Border Payments
- 21 hours 50 min ago
- Payments
Mastercard and Corpay today announced an expansion of their partnership to deliver an enhanced suite of corporate cross-border payment solutions. As a result, Mastercard’s financial institutions and their customers will now have simplified access to robust, end-to-end cross-border payments choices, including carded and non-carded solutions supporting all ticket sizes.
Vietnam Airlines Expands Partnership With Adyen
- 1 day 30 min ago
- Payments
Adyen, the financial technology platform of choice for leading companies, today announced an expanded partnership with Vietnam Airlines, Vietnam’s flag carrier. The airline partnered with Adyen in 2017 for its gateway solution and in 2024, expanded the partnership to leverage Adyen’s global acquiring capabilities, enabling seamless payment experiences in markets like Japan, Australia, the U.S., and Europe, among others.
Nexi and Planet Partner to Provide a Superior Payment Experience in Hospitality
- 1 day 2 hours ago
- Payments
Nexi Group, the European PayTech, and Planet, a leading global provider of integrated payments and technology solutions for retail and hospitality customers, have signed a letter of intent to enter a strategic partnership. This will see the two businesses come together as partners to provide integrated digital payments solutions, with a specific focus on the hospitality sector.
Trustly and Paytweak Announce New Innovative Payment Solution for European Merchants
- 1 day 4 hours ago
- Payments
Trustly, the world’s industry leader in Account-to-Account (A2A) payments, announces the signing of a strategic partnership with Paytweak, a French fintech specialising in modern payment links. This 100% SEPA solution integrates Paytweak's smart payment connections into Trustly's A2A journeys. It will also act as an extension to Paytweak platform capabilities through Trustly's direct, instant, and recurring banking infrastructure.
Kani Payments’ Strategic Partnership with Swiipr Takes Flight
- 1 day 5 hours ago
- Payments
Kani Payments, the leading provider of reporting, reconciliation and compliance software, today announces a strategic partnership with UK travel paytech company, Swiipr. The partnership will enhance Swiipr’s back-office scalability, underpinning the platform’s expansion and development of new infrastructure as it partners with major airlines worldwide.
Qonto and Mollie Launch Integrated Solution to Tackle Payment Delays for European SMEs
- 1 day 5 hours ago
- Payments
Qonto, the leading European business finance solution for SMEs and freelancers, and Mollie, one of Europe’s fastest-growing financial service providers, today announced a two-way strategic partnership to enhance integrated financial services for businesses across Europe.
Mastercard Unveils End-to-End Capabilities to Power Stablecoin Transactions – From Wallets to Checkouts
- 1 day 5 hours ago
- Cryptocurrencies
Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities.
CME Group to Expand Crypto Derivatives Suite With Launch of XRP Futures
- 4 days 21 hours ago
- Cryptocurrencies
CME Group, the world's leading derivatives marketplace, today announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP).
Buy. Hold. Earn Rewards. PayPal Unlocks Rewards for Holding PayPal USD
- 4 days 23 hours ago
- Cryptocurrencies
PayPal Holdings, Inc. today introduced rewards for PYUSD, a new loyalty offering that will provide US users the ability to earn 3.7% annually in rewards on holdings of PayPal USD (PYUSD) in their PayPal or Venmo wallets.
RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge
- 5 days 3 hours ago
- Payments
New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. banks. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.
UnionPay International and Dojo Partner to Expand Card Acceptance Across the UK
- 5 days 4 hours ago
- Payments
UnionPay International , dedicated to providing seamless global payment network, has announced a strategic partnership with Dojo, the UK's leading SME payment provider.
VoPay Launches Embedded Cross-Border Solution – A “Shopify for Global Payments”
- 5 days 4 hours ago
- Payments
VoPay, a leading provider of embedded financial technology, today announced the launch of its new Cross-Border Payments-as-a-Service solution.
Sopra Steria Enables Banks to Enter the Crypto-Asset Market with a Complete and Tailored-Made Offer
- 5 days 4 hours ago
- Cryptocurrencies
Sopra Steria, a major player in European tech, announces the launch of Sopra Crypto Solutions, a comprehensive white-label offering designed to accelerate the adoption of crypto-assets by banks. This solution is built on three technological assets with Fireblocks (secure digital asset management), Chainalysis (compliance) and Wyden (order execution and trade management), offering an integrated response to regulatory and operational challenges.
