PXP Financial Appoints New Chief Commercial Officer
- 6 years 1 week ago
- Payments
PXP Financial, a global payments expert delivering frictionless acquiring solutions built for merchants by merchants, has strengthened its expert team by welcoming new Chief Commercial Officer (CCO), Sumit Arora.
CULedger Will Use R3’s Corda to Support Domestic and Cross-Border Transactions
- 6 years 1 week ago
- Blockchain, Payments
CULedger has expanded its partnership with enterprise software firm R3 to further support domestic and cross-border payments for credit unions, also known as financial cooperatives, worldwide, on the Corda blockchain platform. Corda will serve as the underlying basis for CULedger’s new electronic funds transfer (EFT) product, CU Pay.
FSS Payment Trends 2018 Report Released
- 6 years 1 week ago
- Payments
FSS (Financial Software and Systems), a global payments technology company, today, released a report titled – India Payment Trends 2018, that highlights key Indian consumer payment trends in 2018 and analyzes their spending habits and patterns. FSS Payment Gateway processed 58% of India’s e-commerce transaction value amounting to USD 32.7 Billion. The key highlights from the report include:
Tangem & Cyclebit Signed a Global Partnership Agreement
- 6 years 1 week ago
- Payments, Cryptocurrencies
The Swedish company, Cyclebit, has signed a global partnership agreement with Tangem. Tangem smart note holders will soon be able to use their crypto for retail payments through more than 200,000 POS terminals within Cyclebit network. The terms of the agreement will simplify purchase of Tangem notes for individuals, and reload crypto into Tangem notes via the Cyclebit payment terminals and network. This will lead to a global increase in crypto... more
Wall Street Strategist Thomas J Lee of Fundstrat Global Advisors to Give Keynote at CryptoCompare Digital Asset Summit
- 6 years 1 week ago
- Cryptocurrencies
CryptoCompare, the leading provider of cryptocurrency data and indices, today announced that Thomas J Lee, Co-Founder and Managing Partner of Fundstrat Global Advisors, will be giving the afternoon keynote speech at this year’s CryptoCompare Digital Asset Summit, taking place on the 12th June in London.
PrePay Solutions Announced Cooperation with England Rugby to Power Union’s Gift Card Programme
- 6 years 1 week ago
- Payments
PrePay Solutions (PPS), subsidiary of Edenred, the global leader in payment solutions for the working world, is powering the Rugby Football Union’s (RFU) gift card programme. In partnership with Voucher Express, a specialist gift card provider, PPS is launching a one-stop closed loop gift card that can be used for purchases at the England Rugby Store. The new gift programme includes both physical and digital cards.
ONPEX Provides Wirex with IBANs for Effective Cross-Border Payments
- 6 years 1 week ago
- Payments
ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with UK-based digital money solutions provider, Wirex. The partnership will help Wirex offer International Bank Account Numbers (IBANs) to deliver effective cross-border payments.
Cryptomathic Announces Acquisition of Aconite Technology
Cryptomathic, the global specialist in secure server and payments solutions, today announces the strategic acquisition of end-to-end EMV® card lifecycle, transaction processing and PIN management provider, Aconite Technology. Both Cryptomathic and Aconite Technology are widely respected for their long standing and deep expertise in the provisioning of secure infrastructure for EMV payments. The acquisition will enable the two firms to leverage... more
SWIFT Tests GPI Cross-Border Payments through TARGET Instant Payments Settlement
SWIFT today announces that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and SWIFT have launched this initiative to extend the reach of instant cross-border payments deeper into the European market by enabling gpi in the TIPS system. Banks will carry the cross-border legs of the payments, which they will then settle through... more
ACI Worldwide Transforms Payments and Security for Chile’s Largest Acquirer
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Transbank, the largest acquirer in Chile and an existing ACI customer, is now taking advantage of ACI’s UP Retail Payments solution to offer differentiated services to businesses, maintain a competitive edge in the market and better comply with local card scheme mandates.
CRYPTOCOMPARE Releases April 2019 Exchange Review
- 6 years 1 week ago
- Payments, Bitcoins, Cryptocurrencies
CryptoCompare, the leading provider of cryptocurrency data and indices, today released its April 2019 Exchange Review, offering investors, analysts and regulators analysis of key developments in the cryptocurrency exchange market.
TransferMate and Wells Fargo Announced Strategic Cooperation
- 6 years 1 week ago
- Payments
TransferMate, one of the world’s leading cross-border B2B payments providers, has today announced a strategic relationship with Wells Fargo Bank, N.A. (“Wells Fargo”) to deliver Global Invoice ConnectSM – the go-to platform for U.S.-based international businesses looking for a simpler, more cost-effective solution for receiving payments from their global customers.
Worldwide Demand for ATMs Dropped for the First Time
- 6 years 1 week ago
- Cash management, Payments, ATMs, Banking
China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in four of the five largest markets in 2018. More than half the world’s ATMs are found in just five countries; of these China, the USA, Japan and Brazil saw a decrease in ATMs, whilst in India, growth slowed considerably.
areeba Partners with Wallet Factory to Enable Mobile Payment Services in the Middle East
- 6 years 1 week ago
- Payments
areeba, a leading Lebanese financial technology company that provides payment solutions for banks, governments and merchants in the Middle East, has signed an agreement with Wallet Factory for the supply of Mobile Wallet platform. Wallet Factory will provide areeba with technology to enable mobile payment services in the region.
Deutsche Bank Reveals Ultimate Guide to ISO20022 Migration
The decision by major central banks and SWIFT to migrate to ISO 20022 is an opportunity for banks and corporates to improve operational efficiency and reassess existing business models, but will require CEO commitment and allocation of appropriate budgets.
