Nium Introduces New Global Brokerage Payments Solution to Provide Faster, Lower Cost Alternative to SWIFT Settlement
- 2 years 10 months ago
- Payments
Solution significantly lowers Financial Institution settlement costs by up to 90% for international brokerage account transactions
Average Contactless Payment Increases by Almost 30 Per Cent Since New £100 Limit Was Introduced
December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30 per cent following the contactless spending limit increasing from £45 to £100 in October last year. In September, prior to the contactless limit increase, the average spend per contactless payment was £11.86, which increased to £15.30 in December.
Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users
- 2 years 10 months ago
- Cryptocurrencies
Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), announces today that it has partnered with Ledger, the leading hardware wallet provider, to enable direct on-ramps for 125+ cryptocurrencies with all the leading fiat funding options via its Simplex by Nuvei solution. Through Ledger Live, Ledger users will be able to purchase cryptocurrencies through Visa, Mastercard, SEPA, SWIFT and over 100 other fiat funding options for... more
Planet Appoints Brent Warrington as CEO to Lead Transformation and Create Global Technology Leader
Planet is combining with Proximis, Datatrans, protel Hotelsoftware and Hoist Group, to create a unique vertical technology provider for commerce enablement. Operating in more than 120 markets, the combined company will organise by key customer verticals. Majority owners Advent International (‘Advent’) and Eurazeo invest to power new growth strategy. Former PayPal executive Brent Warrington appointed as Planet’s Chief Executive Officer (‘CEO’)... more
Payments Powerhouses in China and India Face Regulatory Crackdowns
- 2 years 10 months ago
- Payments
Central banks in two large markets tightened their grips on major payment providers. Tencent’s WeChat Pay is facing a potential multimillion yuan fine over an alleged violation of anti-money laundering and know your customer (KYC) rules, a source familiar with the matter told the Wall Street Journal.
IXOPAY Partners with Hawk AI
- 2 years 10 months ago
- Payments, AML and KYC
The industry leading payment orchestration platform and white label solution, IXOPAY, has partnered with Hawk AI, Germany’s leading provider of anti-money laundering (AML) surveillance technology for banks, payment companies and fintechs. This strategic partnership boosts IXOPAY’s offering by giving its white-label clients access to state-of-the-art fraud prevention that uses traditional rules in combination with artificial intelligence to... more
Forex Expo 2022 - Your Opportunity to Network and Learn from the Best
- 2 years 10 months ago
- Trading Systems, Investment, Fund Management, Investment Management, Payments, Banking
Date – March 31, 2022 Venue – Parklane Hotel, Limassol Cyprus https://forexexpo.com/
Salt Edge to Streamline KYC and Onboarding for Paysafe and its Customers
- 2 years 10 months ago
- Open Banking, Payments
Salt Edge, a pioneer in open banking, today announced its partnership with Paysafe, a leading specialised payments platform, to implement instant validation of bank account ownership and streamline the onboarding process for the company’s customers in the UK and the EU.
Vested Finance Launches Three Pre-made Portfolio Offerings to Give Investors More Choice and Control Over Their US Investments
- 2 years 10 months ago
- Investment, Bitcoins, Cryptocurrencies
The three new offerings are Bitcoin Vest, Third-party Vests, and DIY Vests
emerchantpay and Propel Announce Strategic Partnership to Finance Card Payment Terminals
- 2 years 10 months ago
- Asset Management, Payments
emerchantpay, a leading payment service provider, and Propel, a pioneering asset finance specialist, have announced a new strategic partnership. This will enable emerchantpay’s partners to offer top-of-the-range card terminals to merchants in the UK, with flexible financing options.
Currencycloud and Moov Partner to Boost Customers’ International and Domestic Payment Capabilities
- 2 years 10 months ago
- Payments, Cryptocurrencies
Currencycloud, the experts simplifying business in a multi-currency world, has today announced it will partner with Moov, a US-based developer platform focused on the payment experience, to improve a range of international and domestic payments capabilities for each other’s customers.
Volante Technologies Launches Service to Accelerate ISO 20022 Payments Modernization
Powered by Volante’s low-code technology, the ISO 20022 service provides API components based on comprehensive standards libraries, simplifying ISO 20022 adoption for financial institutions
How to Ensure Superior Payment Experience for Your Customers
- 2 years 10 months ago
- Payments
Customer experience will be a major concern for organizations, and the rationale is simple: firms that prioritize customer experience minimize attrition while increasing sales - resulting in better profitability. Customer service and customer experience are two terms that are frequently used interchangeably. While one is a single point of contact with a brand, the other has an influence on sentiments and emotions, as well as covering the full... more
Report: Payment Fraud Attacks Against Fintech Companies Soar by 70% in 2021
- 2 years 10 months ago
- Payments, Fraud Detection
Sift’s Q1 Digital Trust & Safety Index reveals rising fraud across fintech, company releases Trust Intelligence Center for Trust and Safety Professionals The fintech providers that saw an uptick in payment fraud from 2020-2021.
EarnUp Closes $31 Million Series C Funding Round
- 2 years 10 months ago
- Payments
Company plans to further transform the mortgage industry ecosystem through payment and data solutio