Global Fintech Fiserv Reveals New Data Showing Nearly Half of Brits are Combatting Inflation with Gift Card Promotions
- 1 year 10 months ago
- P-Cards
The cost-of-living crisis is changing how consumers purchase and use gift cards, with almost half (47%) of British consumers taking advantage of gift card promotions such as bonus card value or discounts to combat inflation, according to The UK Prepaid Consumer Insights Survey released today by Fiserv, Inc., a leading global provider of payments and financial technology solutions.
How African Banks Need to Reimagine Their Payments Operating Model to Withstand Disruption
- 1 year 10 months ago
- Payments
The rising demand for electronic payments is creating fundamental shifts across Africa and making significant inroads in promoting financial inclusion. A rapidly changing landscape and disruptions mean that incumbent banks need to take radical and concerted action to step up to the competitive challenge, according to a new report by Boston Consulting Group (BCG).
Nexi to Acquire 80% of Sabadell’s Merchant Acquiring Business for €280M
- 1 year 10 months ago
- Payments
Nexi S.p.A. (“Nexi”) and Banco de Sabadell, S.A. (“Sabadell”) have reached an agreement to establish a long-term partnership in the Spanish market.
Fingerprints and Flywallet Developing Wearable Biometric Payment & Access Products for Europe
- 1 year 10 months ago
- Payments
World-leading biometrics company
27/02 – Weekly Fintech Recap
- 1 year 10 months ago
- Artificial Intelligence, Digital banking, Payments, M&A Deals, People Moves
Partnerships Western Union and Beforepay Offer ‘Send Now, Pay Later’ Service to Consumers for International Money Transfers
Western Union and Beforepay Offer ‘Send Now, Pay Later’ Service to Consumers for International Money Transfers
- 1 year 10 months ago
- Money Transfers
Western Union and Beforepay today announced a first-of-its-kind collaboration, allowing consumers to boost their cross-border money transfers by accessing reliable, ethical and affordable short-term lending. Consumers can ‘Send Now, Pay Later’ by borrowing up to AUD 2000 through Beforepay’s wage-advance product on Western Union’s digital channels.
MAP Welcomes Dan Ruppe as Senior Vice President of Product Services
- 1 year 10 months ago
- Credit Cards
Member Access Processing (MAP), the nation’s leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform to credit unions, today announced the appointment of Dan Ruppe as Senior Vice President of Product Services. Reporting to CEO Cyndie Martini, Ruppe will lead MAP’s growing suite of payment services, including the management of third-party solutions from the nation’s leading providers.
Ding Teams Up with Western Union to Offer Mobile TopUp Service from Canada to the World
- 1 year 10 months ago
- Payments
Ding, the largest international mobile top-up platform, today announced an agreement with Western Union that allows Western Union’s Canadian customers to send international top-up payments to the mobile phones of more than five billion prepaid customers around the world.
Over £2.3 Billion in Account-to-account Payments Made to HMRC Using Ecospend’s ‘Pay-by-Bank’ Technology in 2023 So Far
- 1 year 10 months ago
- Payments
Ecospend, the UK’s leading Open Banking payment provider, today announces that more than £2.3 billion in Self Assessment payments were made to HMRC using Ecospend’s ‘Pay-by-Bank’ technology ahead of 2023’s Self Assessment deadline – 64% more than last year. The total volume of transactions was 47% higher than in 2022, with 869,000 payments having been made to HMRC using the technology.
Form3 Signs Clarency As First International Customer For Its Swift Solution
- 1 year 10 months ago
- Money Transfers
Clarency takes a further significant step in integrating its KYC-first payments and liquidity platform into core banking with its announcement today of selecting Form3, the cloud-native account-to-account platform, to provide it with direct access to the Swift network. The move extends its support for international payments and enables further customer growth. Clarency is the first customer on Form3’s Swift-as-a-service solution.
Tudi Selects ThetaRay AI Solution to Monitor Domestic Payments in Mexico
- 1 year 10 months ago
- Payments
ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that Tudi, enabling a digital financial community through its mobile app, has chosen ThetaRay’s cloud-based AML solution to monitor its transactions in Mexico for financial crime.
UK Problem Debt Detection and Prevention App SuperFi Announces Variable Recurring Payments with TrueLayer
- 1 year 10 months ago
- Payments
TrueLayer, Europe’s leading open banking platform, has today announced its collaboration with the UK problem debt detection and prevention app SuperFi, which will provide open banking variable recurring payments (VRPs) to help customers repay borrowings and avoid fees.
Flywire Partners with FranConnect to Provide Integrated B2B Payments Solution to the Franchise Industry
- 1 year 10 months ago
- Payments
Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, is announcing a partnership with FranConnect, the marke
Wise and G-P Launch Integration to Power Faster, Lower Cost Global Contractor Payments
- 1 year 10 months ago
- Payments
G-P (Globalization Partners), the leading Global Employment Platform™, and Wise, the global technology company building the best way to move money around the world, today announced a partnership that will power the future of how businesses pay international freelancers and contractors.
Enfuce Awarded Contract by the State Treasury of Finland and Kela to Deliver Modern Prepaid Disbursement Cards
- 1 year 10 months ago
- P-Cards
After an official tender process to procure a prepaid payment card service, the State Treasury of Finland and Kela (the Social Insurance Institution of Finland) awarded the contract to Finnish issuer processor Enfuce. The State Treasury of Finland, Kela, and Enfuce signed the five-year contract on February 15, 2023.
