Capita Agrees to Sell Payments Processing Business Pay360
- 2 years 8 months ago
- Payments
Capita plc (‘Capita’) today announces that it has agreed to sell Pay360 Limited (‘Pay360’) to Access PaySuite, a division of The Access Group (‘Access’) in a deal that values Pay360 at £150m on a cash-free, debt-free basis, representing a 14.3x multiple on 2021 EBITDA of £10.5m.
Outseer™ Releases Latest Fraud & Payments Report Showing Authorized Push Payment (APP) Fraud is Rife
- 2 years 8 months ago
- Payments
Outseer, the global leader in payments authentication and monitoring solutions, has published its latest 1H 2022 Outseer™ Fraud & Payments Report, showing the alarming power of social engineering and Authorized Push Payment (APP) fraud, with 75% of fraudulent online banking payments activity (based on $ value) originating from trusted accounts on trusted devices. This suggests that consumers are unwittingly parting ways with their money,... more
UK Consumers Seeking Greater Access to Credit, With Demand for Credit Cards on the Rise
- 2 years 8 months ago
- Credit Cards
Only half of UK consumers currently feel that they have sufficient access to credit, according to figures revealed in TransUnion’s latest Consumer Pulse study. Despite the majority of consumers (71%) acknowledging the importance of credit in helping them achieve their financial goals, just 49% say that they have sufficient access. In fact, almost a fifth (18%) state they don’t have enough access to the finance they need.i
Kroo Brings Apple Pay to Customers
- 2 years 8 months ago
- Payments
Kroo, having received its full banking licence, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
Understanding Payday Loans – The Basics And Everything In Between
- 2 years 8 months ago
- Payments
Payday loans are a type of loan borrowed and repaid on your next payday. Most people use these loans to take care of emergencies they can't finance at the time. These loans are convenient for quick cash but come with high fees and interest rates. This guide will walk you through everything you need to know about payday loans, so keep reading.
Adflex Partners with Barclaycard to Optimise B2B Merchant Payments
- 2 years 8 months ago
- Payments
Digital payments specialist, Adflex, today announced a new partnership with Barclaycard to help simplify the acceptance of card payments across its B2B client base. By adding Barclaycard to its network of acquirers, Adflex is able to offer its enterprise merchants faster settlement, transparent reporting and more competitive merchant service fees.
Ria Money Transfer Offers Zero-fee Transactions on All Bank Deposits to Pakistan
- 2 years 8 months ago
- Money Transfers
Ria Money Transfer is now offering zero-fee transactions on all bank deposits to Pakistan, in a bid to help support those affected by the country’s devasting floods. This service will be available via the Ria Money Transfer app and website.
The National Bank of Ukraine: Only LEO IPS and NovaPay Payment Systems were Able to Increase the Volume of Transfers in Ukraine Since the Beginning of the Year
- 2 years 8 months ago
- Payments
LEO International Payment System ("Finansovaya Kompaniya LEO" LLC) and NovaPay ("NovaPay" LLC) managed to increase the volume of money transfers within Ukraine by 6% compared to the beginning of the year. This information was announced by the Director of the Department of Payment Systems and Innovative Development of the National Bank of Ukraine Andriy Podderegin during his speech at the XXII Payments & Security EMA Conference, which was... more
myPOS Obtains E-money Licence from the Central Bank of Ireland
- 2 years 8 months ago
- e-Payments
Award-winning fintech myPOS is announcing today that it has received authorisation as an Electronic Money Institution (EMI) from the Central Bank of Ireland, the country's financial services regulator. myPOS, which provides point-of-sale payment acquiring and payment solutions to more than 150,000 small and medium-sized merchants in more than 30 European countries, plans to grow its Dublin-based team to around 30 by the middle of next year.
Huobi Global Strikes Deal with AstroPay to Extend Fiat to Crypto Payments into Latin America
- 2 years 8 months ago
- Cryptocurrencies
AstroPay, the online payment solution of choice for millions of users worldwide, has partnered with Huobi Global, one of the world’s leading cryptocurrency exchanges and digital asset trading platforms, to provide fiat to crypto payment services for Huobi users in Latin America.
Visa, Mastercard, and American Express Combined Consume Under 1% Of Bitcoin
- 2 years 8 months ago
- Cryptocurrencies
StockApp
Vonage Partners with Financial Services Provider Mollie
- 2 years 8 months ago
- Payments
Today, Mollie, one of the fastest growing financial services providers in Europe, announced it has been selected by Vonage, a global cloud communications leader, as a strategic payment provider for Vonage’s Jumper.ai product across Europe.
PayMe Revamped Brand Outlook Emphasizes Financial Happiness
- 2 years 8 months ago
- Payments
One of the fastest-growing fintech players in the country, PayMe, has come up with a renewed brand outlook to bolster its primary commitment to bringing financial happiness to the masses. In the pursuit to become the preferred choice of financial services in the country, PayMe has renamed its brand name “PayMe India” to just “PayMe” – the name that made the brand create recognition in the market. The company will also be using the new brand name... more
Flexbase Launches Buy Now Pay Later for Merchants and Businesses
- 2 years 8 months ago
- Payments
Flexbase, a finance super app for businesses, today announced Buy Now Pay Later (BNPL) functionality which it is offering to B2B merchants across various industries. Called Flexbase Pay, this product gives merchants an opportunity to increase their revenues while granting businesses greater freedom in payment options, including 60 days of interest-free credit.
Jeff Bezos-Backed Chipper Cash Partners with Highnote to Launch Card Product for the US, Broadening Financial Inclusivity for Millions
- 2 years 8 months ago
- Payments
Chipper Cash, a cross-border payments app used by over five million people throughout Africa and its diaspora, today announced its partnership with Highnote, the world’s most modern card issuance plat
