Real-time Payments are Here to Stay and with Good Reason
- 2 years 4 months ago
- Payments
Real-time Payment (RtP) models are here to stay for the foreseeable future alongside traditional payment schemes. But as businesses increasingly recognize their potential, further cases for real-time payments are coming to the fore. That’s according to Buckzy Payments Inc., the Toronto-based global fintech on a mission to make international payments quicker, more reliable, and more affordable.
Multi-country Consortium Comes Together to Launch Pan-European Payments Pilot for EU Digital ID Wallet
- 2 years 4 months ago
- E-Wallets
A new multi-country consortium of Europe’s most trusted identity experts has today announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of the European Commission’s EU digital identity wallet program. Six countries (Denmark, Germany, Iceland, Italy, Latvia and Norway) are part of the consortium, led by NOBID (Nordic-Baltic eID Project).
Flutterwave Enables eNaira Collections for Over 1,000,000 Merchants
- 2 years 4 months ago
- Payments
Flutterwave, Africa's leading payments technology company, today announced that over 1,000,000 merchants can now accept eNaira payments from their customers on their platform. This follows the 3.0 product announcement event held in March this year, during which a range of upcoming product features was showcased.
Acquiring Doubt? A Quarter of Merchants Raise Concerns Over Acquirer Innovation
- 2 years 4 months ago
- Payments
A report conducted by payments technology provider Tribe Payments has revealed that a quarter (24%) of merchants are concerned with the ability of their acquirers to innovate in ways that will support their business growth plans. The report, which surveyed both online and multi-channel merchants across Germany, Lithuania, Spain, the Netherlands and the UK, also found that three in five merchants said they would switch acquirers if they were... more
Axerve Publishes White Paper on Payment Orchestration’s Role in Unlocking Cost-effective E-commerce and Unveils Data Showing Boosts to Payment Authorisation Rates for Merchants
- 2 years 4 months ago
- Payments
Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for E-commerce and physical sales, today announces the release of a new white paper, ‘Payment Orchestration: unlocking cost-effective E-commerce for merchants in a multiple payment provider ecosystem’.
Future FinTech Group Partners Currencycloud for Remittance App
- 2 years 4 months ago
- Money Transfers
Future FinTech Group Inc., a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs ("FTFT Labs"), a wholly subsidiary of the Company, has teamed up with CurrencyCloud, a subsidiary of Visa and a global payment platform that is registered with FinCen and is licensed for money transmission in various states in the US, to launch the remittance app Tempo to offer US-based immigrants and others a... more
Adyen First to Launch Real-time Account Updater with Visa in Europe
- 2 years 4 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today announced the expansion of Real-Time Visa Account Updater (VAU) to Europe.
A Quarter of Retailers Missing an Opportunity by Ignoring New Online Payment Rules
- 2 years 4 months ago
- Payments
Strong Customer Authentication for all online transactions exceeding £25 was introduced in the UK in March. And it’s about more than just mitigating fraud. 73% of UK retailers have a solution in place to comply with Strong Customer Authentication (SCA) rules, which came into effect in March 2022.
J.P. Morgan to Acquire Renovite Technologies
- 2 years 4 months ago
- Payments
J.P. Morgan announces today that it has signed an agreement to acquire Renovite Technologies, Inc., a leading cloud-native payments technology company.
Payhawk Opens New York Office and Launches US Credit Card
- 2 years 4 months ago
- Payments
Payhawk, the spend management solution with a presence across the UK and Europe, officially launches in the US today. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part of Payhawk’s expansion strategy, following a record year of growth that has seen its revenue grow 524%, and its employee headcount grows 250%,... more
Wise Platform Launches Newest Service International Receive
- 2 years 4 months ago
- SWIFT
Wise Platform has today launched our newest integration solution, International Receive. From today, customers at partner organisations using International Receive will be able to quickly, easily and affordably receive cross-border payments, even if their bank is not connected to the SWIFT network.
Nochex Partners with Mastercard to Launch Click to Pay
- 2 years 4 months ago
- Payments
Nochex Ltd, the UK's leading independent provider of payment services, has today announced it will be working with Mastercard to roll out Click to Pay. The Leeds-based provider is pleased to be working with the leading payments brand once again following a series of previous successful collaborations.
PXP Financial Announce DisputeHelp Partnership Ahead of Mastercard Mandate
- 2 years 4 months ago
- Payments
PXP Financial, the expert in global acquiring, payment, fraud and data analysis services, today announces a partnership with DisputeHelp to provide its merchant portfolio with dispute management solutions.
Plum to Offer Stock Investment and Debit Cards in Europe
- 2 years 4 months ago
- P-Cards
Plum, the European smart money app, is launching stock investing and a debit card for its customers in France, Belgium, Spain and Ireland. The app, which uses the latest technology to help users save effortlessly, now allows customers to diversify and grow their money over the long term with its new stock investing service.
Asset Tokenization Projected to Grow 50x into US$16 Trillion Opportunity by 2030: BCG, ADDX Report
- 2 years 4 months ago
- Cryptocurrencies
A newly-published report by global consulting firm BCG and ADDX, the digital exchange for private markets, forecasts that asset tokenization will expand into a US$16.1 trillion business opportunity by 2030. This growth comes as the crypto winter is prompting capital to focus on more viable blockchain use cases.