Brits Go Crypto Crazy: Spending on Virtual Currencies Reaches £31.8 Billion
- 2 years 3 months ago
- Cryptocurrencies
Despite the latest news reports citing plunging crypto prices, Brits have now spent £31.795 billion investing in the digital currency.
Vitesse Partners with Insurance Goliath for 'Faster Claims Payments' Solution
- 2 years 3 months ago
- Payments
LIMOSS and Vitesse, supported by Lloyd’s and the Lloyd’s Market Association (LMA), are pleased to announce the signing of contracts for a new central market service, Faster Claims Payment (FCP).
PayRetailers and Crypto Exchange XBO.com Partner to Expand Operations in LATAM
- 2 years 3 months ago
- Cryptocurrencies
PayRetailers group, experts in cross-border payments with more than 250 payment methods operating from 9 offices throughout Latin America, partner with XBO.com, the cryptocurrency exchange making the benefits of crypto more accessible to everyone, to boost the platform’s expansion in the continent.
Saltare Joins the Good Business Charter and Prompt Payment Code in Commitment to Best Business Practice
- 2 years 3 months ago
- Payments
Early Payments Fintech, Saltare, has joined the Good Business Charter (GBC) and Prompt Payment Code (PPC) as signatories as part of its commitment to best business practices across the UK. Joining enables Saltare to ensure it not only supports its employees through the Good Business Charter but also encourages its own customers to follow similar practices including paying invoices on time in accordance with the Prompt Payment Code.
Revolutionizing the Withdrawal Process for Exchanges, Liminal Introduces the First-ever ‘Hot Wallet as a Service’
- 2 years 3 months ago
- E-Wallets
Liminal, a wallet operations infrastructure platform has successfully launched the first-of-its-kind 'Hot Wallet as a Service'. Being the first company to provide this value-add offering, Liminal users will now be able to process user withdrawals from hot wallets in a more secure, time-efficient and automated manner.
PPRO Makes Moves in Malaysia with Integration of Grabpay and Touch ‘N Go
- 2 years 3 months ago
- Payments
PPRO, the leading provider of digital payments infrastructure, has strengthened its market coverage of Malaysia with the integration of major e-wallets GrabPay and Touch ‘n Go on its payments infrastructure.
DIFC FinTech Hive Selects Verto as Part of the 2022 Accelerator Programme Cohort
- 2 years 3 months ago
- Payments
Verto, the leading B2B cross-border payments and foreign exchange (FX) enabler, today announced that it has been selected as part of the DIFC FinTech Hive 2022 Accelerator Programme Cohort. The programme offers the most innovative start-ups access to the Middle East, Africa and South Asia (MEASA)’s largest financial industry banks and insurance companies for partnership opportunities, exposure to investors and mentorship.
Finaro Champions the ‘Five Nines’ that are Driving Partnerships and APM Momentum Throughout 2022
- 2 years 3 months ago
- Money Transfers
Finaro, the global cross-border payment provider and fully licensed bank making complex payments brilliantly simple, has announced that it is on track to surpass over $1 billion of transaction volume processed in 2022, with its gateway platform incentivising new commercial partnerships and rapid merchant uptake of alternative payment methods (APMs).
TerraPay and NPCI International Collaborate to Drive Seamless Merchant Payments via UPI-enabled QR Codes
- 2 years 3 months ago
- Payments
In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India (NPCI).
Tidypay is Pleased to Announce a New Partnership with GS Systems
- 2 years 3 months ago
- Payments
Tidypay and GS Systems have recently partnered where our payment services and their solutions will help enter, establish and further expand our combined offerings in new markets. With the payment industry increasingly playing a critical role in every aspect of different businesses, companies recognise that they need to accelerate and invest in the future of payments.
Report: eWallets Surge in Popularity, as Mobile Payments See Steady UK Growth
- 2 years 3 months ago
- Payments
Mobile payments are now the predominant form of payment for Brits, with nearly half (43%) making purchases via their mobile on a weekly basis.
Capita Agrees to Sell Payments Processing Business Pay360
- 2 years 3 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 3 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 3 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
