FCA Rounds On Credit Card Firms Over Customers in Persistent Debt
- 4 years 12 months ago
- Credit Cards
The Financial Conduct Authority (FCA) has written to credit card firms telling them to review their approach to borrowers who are stuck in persistent debt, where they are paying more in interest, fees and charges than they are paying of their balance.
Brits flock to Clearhaus as Brexit takes effect
- 4 years 12 months ago
- Payments
In the wake of Brexit, the Danish payment institution Clearhaus has secured a license which gives the Danish acquirer access to the attractive UK market. The license, issued by the UKFCA, allows Clearhaus to continue to provide its payment solutions to webshops in the UK market. The same way as Clearhaus does in the rest of Europe.
Klarna and Olivia Rubin announce collaboration for London Fashion Week 2020
- 5 years 11 hours ago
- Payments
Leading payments provider Klarna is excited to announce its London Fashion Week collaboration with British designer Olivia Rubin. Known for her joyful designs in signature colours, Olivia Rubin aligns perfectly with the fintech giant who also believes in standing out from the crowd with their unmistakable pink branding – a world away from the traditional ‘bankish blue’.
JCB Partners with Oceanpayment for Merchant Acquiring Business
- 5 years 3 days ago
- Payments
JCB International Co., Ltd. (“JCBI”), the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and Oceanpayment Co., Ltd., China’s leading cross-border payment brand, announced that they signed a License Agreement to start JCB merchant acquiring business. In order to strengthen the cooperative relationship, Mr. Hirohiko Sugiyama, Managing Director of JCB International (Asia) Ltd. and Lanny Yang, Co-... more
Wirecard and HEYTEA launch mobile app, driving digitalization and improving the customer experience
- 5 years 3 days ago
- Payments
Wirecard, the global innovation leader for digital financial technology, has won HEYTEA, China’s most popular tea brand, as a new client in South-East Asia. As part of the collaboration, Wirecard provides seamless payment solutions to customers in all stores in Singapore and Hong Kong via HEYTEA GO, a newly launched mobile app which allows users to order and pay online without waiting in stores. Founded in China in 2012, the tea chain now... more
MoneyNetint Reaches Enters Asia and Africa with TerraPay Hook Up
- 5 years 3 days ago
- Payments
MoneyNetint, a leading global payment solution provider, announced a strategic partnership agreement with TerraPay, a mobile-first international payment network, which will expand and enhance MoneyNetint’s reach into Asia and Africa.
Boerse Stuttgart Crypto Trading App Attracts 81,000 Active Users In First Year
- 5 years 3 days ago
- Trading Systems, Cryptocurrencies
Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app.
Pleo Upgrades From Prepaid Cards To Credit Cards
- 5 years 3 days ago
- Credit Cards
Pleo is evolving – and perhaps the most important change is our new cards. We’ve always offered a tool that made it easy for people to buy what they need to do their jobs better. But in order to offer a market-leading product, we pushed ourselves to go beyond that and to reimagine our card. So we made a couple of changes - some big, some small, all good for our users. The benefits of a new Pleo credit card The first thing to know is that we’re... more
Banca Comerciala Romana launched the instant payment service with support from Allevo
Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo support. The service ensures the transfer of money between banks in less than 10 seconds, the maximum accepted value of a payment being 50,000 romanian lei. Such payment can be made at any time (24/7/365) between the clients of the banks participating in the Instant Payments service.
Klarna launches in Australia - Smoooth shopping available at any online retailer
- 5 years 4 days ago
- Payments
Klarna, the global payments and shopping provider, officially launches in Australia by introducing the Klarna Shopping app. The app which, starting today, will be available to download on iOS and Android, enables consumers to shop and pay with Klarna at any online retailer, bringing a unique consumer centric shopping experience to the Australian market.
Subway® Restaurants Partners with Adyen to Advance its Payment Experience in North America Locations
- 5 years 5 days ago
- Payments
Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Subway® as its payments partner for North America. Adyen will support Subway, the world’s largest quick service restaurant by restaurant count, and its Franchise Owners in creating a simpler and more customer-centric payments experience in-restaurant, online and through the Subway App.
World Economic Forum Publishes CBDC Framework
- 5 years 5 days ago
- Cryptocurrencies
The World Economic Forum (WEF) has put together a policy-maker toolkit designed to help central banks investigating the creation of digital currencies. Last week, a Bank for International Settlements survey found that 80% of central banks are engaged in some form of CBDC work, with 10% expecting to issue their own within three years. To help central banks navigating the complexities of the issue, the WEF's toolkit aims to act as a decision guide... more
SoFi Is Partnering With Mastercard to Bolster Its Banking Offering With a Credit Card
- 5 years 5 days ago
- Credit Cards
The US-based fintech has teamed up with Mastercard for its new card network. Currently, SoFi offers a debit card product to users as part of its SoFi Money product via a partnership with Visa, but under the new deal, the cards will now run on Mastercard's network. In addition to issuing new cards to existing cardholders, SoFi is adding new benefits to its offering, including cash-back rewards, free cell phone insurance, and discounted airport... more
Uphold Introduces Commission-Free Cryptocurrency Trading, And The World’s Easiest User Interface
- 5 years 5 days ago
- Trading Systems, Cryptocurrencies
Leading digital money platform Uphold today introduces zero-commission trading on cryptocurrencies in a milestone for the industry designed to open up affordable access to one of the world’s most important new asset classes for millions of retail investors.
Virus Spreads Risk Aversion, Buoying Haven Dollar, Yen & Swissie
- 5 years 5 days ago
- e-Payments, Risk Management
Growing concern over the deadly coronavirus and its potential to squeeze global growth drove traders into safer bets like the U.S., Japanese and Swiss currencies. The yen climbed to three-week highs against the greenback, while the U.S. unit notched new multiweek peaks against the euro, Canadian dollar and Mexican peso. The Aussie and kiwi dollars, currencies with close ties to all things China, were among the worst performers with losses of... more
