Baton Systems Integrates with LCH to Deliver End-to-end Automation of the Collateral Workflow
- 3 years 8 months ago
- Payments
Baton Systems (“Baton”), a provider of post-trade solutions for financial markets, has integrated with LCH, a leading global clearing house, to automate the end-to-end collateral workflow for derivatives participants. J.P. Morgan will be the first of Baton’s clients to manage their collateral at LCH using the Baton platform. The partnership expands Baton’s network of central counterparties (CCPs) that now includes several of the world’s largest... more
EPA Challenges Customer Dispute Process to Mitigate Chargebacks And Financial Fraud
- 3 years 8 months ago
- Payments
The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its thought leadership piece, ‘Customer Disputers: A review of Chargebacks and Double Credits’ in partnership with Chargebacks911 and Fi911
Retailers Miss Out on £39.4Bn of Sales in Abandoned Baskets During Lockdown as Lengthy Checkouts See Customers Dropout
Research from Barclaycard Payments reveals that UK retailers have lost out on more than £39.4bn in potential sales over the last 12 months, as lockdown sees the value of online abandoned baskets more than double since 2018*.
Under 35s Increasingly Open to Sharing Bank Data to Prove Creditworthiness
- 3 years 8 months ago
- Open Banking, Payments
Younger people’s finances have been hit hardest by the pandemic, and they are increasingly willing to securely share their bank transaction data to get access to financial products that can help them weather the storm, according to the latest findings from Credit Kudos’ Borrowing Index.
FIS, NYDIG Partner to Enable Banks to Offer Their Customers the Ability to Buy, Sell and Hold Bitcoin
- 3 years 8 months ago
- Payments, Cryptocurrencies, Banking
Financial technology leader FIS® (NYSE: FIS) today announced an industry-first solution that enables banks to offer their customers the ability to buy, sell, and hold bitcoin via their bank accounts.
Digital Wallets Flourish in Latin America and Bring New Online Consumers to the Region, Shows EBANX Data
Amid an unparalleled digital and financial push brought by the pandemic, digital wallets have gained momentum in Latin America and are bringing millions of new customers to online commerce. According to internal data from EBANX, fintech company specialized in payments for Latin America, almost 75% of purchases made with digital wallets are from new customers, who had never bought within these merchants before.
Spice Money Aims to Enable Covid Vaccination Registration for Rural Citizens Through its Dense Network Covering 95% of India’s Rural Pin Codes
- 3 years 8 months ago
- Payments
Spice Money, India’s leading rural fintech, has launched a dedicated assistance initiative for Covid vaccination registration to enable rural citizens to register through its dense network across 18000+ pin codes. Also the company has initiated a special drive to spread awareness and educate its banking correspondent partners (Spice Money Adhikaris) about the priority vaccination available to them, as directed by the Department of Financial... more
PXP Financial Launches Pan-European Research Report on COVID-19’s Effect on E-Commerce and Retail
PXP Financial, the global expert in acquiring and payment processing services, has today published a research report ‘The COVID-19 Effect on European E-Commerce and Retail’, exploring UK and European consumer attitudes to the future of retail shopping.
Tink and Tribe Partner For Open Banking as Tink Enhances Payments Proposition Across Europe
- 3 years 8 months ago
- Open Banking, Payments
Europe’s leading open banking platform Tink, and payments technology provider Tribe, have entered a channel partnership for open banking technology. The partnership will enable Tribe to combine its issuer and acquirer services, with payment initiation services (PIS) and account information services (AIS) powered by Tink.
12 Months After Launching Banking Licence, Banking Circle is Already Processing 6% of European B2C E-commerce Payments
- 3 years 8 months ago
- E-Commerce, Payments, Banking
Banking Circle, the payments specialist, has reported a significant uplift in payments flow and clients a year after it launched its Banking Licence. At the end of February 2020, Banking Circle received its Banking Licence from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, enabling it to give financial institutions direct access to real-time payments regardless of borders or size. It also launched its new headquarters... more
New Cashback Service is ‘no gamble’ Says E-wallet Firm
E-wallet specialist STICPAY is launching a cashback service for its gaming and gambling customers worldwide in early May.
Mastercard cardholders can now send and receive money using WhatsApp in Brazil
- 3 years 8 months ago
- Payments
WhatsApp users in Brazil can quickly, conveniently, and securely transfer money directly on the app Starting today, Mastercard cardholders in Brazil can send and receive money to and from friends and family through WhatsApp. Mastercard debit cardholders with cards issued by Banco Inter, Itaú, Nubank and Sicredi will be able to use the innovative P2P WhatsApp service. The payments service on WhatsApp is enabled by Facebook Pay and processed by... more
Curve Launches New In-App Rewards Offer with Cardlytics
- 3 years 8 months ago
- Payments
Today, Curve and Cardlytics announce a new partnership to launch Curve Rewards, a new programme available for customers in-app. The partnership will connect Curve’s 1million+ UK customers with Cardlytics’ growing roster of over 100 recognised high street brands, including Pret a Manger, JustEat, FatFace, Harvey Nichols and Cult Beauty, offering an extensive range of rewards.
Bitcoin.com Exchange Taps Sumsub’s KYC Solution For Smooth User Verification
- 3 years 8 months ago
- Platform Technology, Bitcoins
Bitcoin.com Exchange, the trading platform of the Bitcoin.com Brand, announces its partnership with Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit for KYC/KYB/AML needs. Through this partnership, Bitcoin.com Exchange has found a way to convert more clients quickly while ensuring compliance with international regulations.
Bybit to Launch Cloud Mining to Democratize Ethereum Mining
- 3 years 8 months ago
- Cryptocurrencies, Cloud
Cryptocurrency exchange Bybit will launch in May Bybit Cloud Mining, a mining-as-a-service (MaaS) product that gives users instant access to ether (ETH) mining from as little as $100. Democratizing and de-risking crypto mining
