FPL Technologies ties up with Visa to launch mobile-first credit card for millennials
- 5 years 1 month ago
- Payments
FPL Technologies, a fintech startup focused on re-imagining credit and payments in India today announced its partnership with Visa to launch a mobile-first credit card in India. FPL will issue credit cards in partnership with banks and leverage Visa’s brand, technology and global acceptance footprint to make its credit card available for a wide range of use cases. The company recently raised US $4.5M from Matrix Partners, Sequoia Capital and... more
Visa and MFS Africa Bring Digital Payments to More Consumers and Businesses across Africa
- 5 years 1 month ago
- Payments
Visa (NYSE: V) and the pan-African fintech leader MFS Africa today announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa and the world of online digital payments, significantly expanding Visa’s reach and its ability to open up ecommerce to the region.
Ingenico reveals: How European merchants performed during the week-long Black Friday sales
- 5 years 1 month ago
- Payments
Ingenico Group, the global leader in seamless payment, saw a significant increase in online transactions throughout Europe as a result of this year’s Black Friday shopping period – sales came from a range of industries, not just the retail sector. 2019 ONLINE TRANSACTION DATA
Flywire and iSAMS Integrate to Provide Seamless Cross-Border Tuition Payments
- 5 years 1 month ago
- Payments
Flywire, a provider of vertical payment and receivables solutions for businesses and institutions, today announced a new integration partnership with iSAMS, a 100% web-based school management and integrated accounting solution.
FSS and AFS Partner to Promote Digital Payments in the Middle East
- 5 years 1 month ago
- Payments
FSS (Financial Software and Systems), a global payments products and solutions provider and payment processor, and Arab Financial Services (AFS), the leading payment solutions provider and FinTech enabler in the Middle East and Africa, have entered into an agreement to bring omni-channel payment acceptance solutions to banks in the region. The partnership combines FSS’ technology expertise in acquiring and payments, with AFS’ payments processing... more
Currencies Direct Appoints Pedro Batista as Chief Payments Officer
- 5 years 1 month ago
- Payments, People Moves
Currencies Direct, the leading international payments provider, has appointed Pedro Batista as Chief Payments Officer. The newly created role will see Batista lead the organisation’s payments strategy – managing extensive banking relationships and the delivery of innovative payment solutions to enhance Currencies Direct’s product range and deliver a cutting-edge service to its clients.
Telleroo streamlines payments for accountancy firms with Moorwand
- 5 years 1 month ago
- Payments
Moorwand, a dedicated BIN Sponsor that turns compliance into a competitive advantage, today announced that it has been selected by Telleroo, a payments company focused on the accounting sector, for its e-money issuing and digital banking capabilities.
Visa selects GPS as strategic partner for Asia Pacific Fintech Fast Track Programme
- 5 years 1 month ago
- Payments
Global Processing Services (GPS), today announced it has entered a strategic partnership with Visa, the global leader in payments technology. The UK-based PayTech Pioneer™ will become a preferred issuer processor for Visa’s Fintech FastTrack Programme in Asia Pacific, with the goal to accelerate fintech innovation in the region and champion the success of local businesses.
Mastercard and Doconomy Extend Collaboration to Deliver a More Sustainable Future
- 5 years 1 month ago
- Payments
Doconomy and Mastercard today extended their joint effort to combat climate change. Moving beyond previously announced programs, this new arrangement brings the ability for any Mastercard issuer to offer their cardholder the ability to track and understand their carbon footprint based on purchases made. Today, the first bank in the U.S. and Nordea in the Nordics announced they will join The Bank of Åland in enabling clients to track and measure... more
Paysend secures money services business license in Canada
- 5 years 1 month ago
- Payments
Paysend, the UK-based fintech business, has secured a licence to operate in Canada, expanding its worldwide footprint for its global money transfers service. Paysend will launch the service to Canadian consumers early in 2020. Obtaining the money service business (MSB) license in Canada is Paysend’s first step in establishing its presence in North America. The license allows Paysend to offer its signature Global Transfers service in Canada.
GoCardless Chooses Accuity Payments Data to Accelerate Growth into US Market
- 5 years 1 month ago
- Payments
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, today announced that GoCardless, the leading global fintech for recurring payments, is using the Bankers Almanac Payments Data solution from Accuity to create a frictionless customer journey for businesses to collect payments in the world’s largest market.
Nets Trials Face Payments in Copenhagen
- 5 years 1 month ago
- Payments
With the tagline ‘Hungry? Face it’, Nets, a leading provider of digital payment services across Europe, has launched a pilot programme testing facial recognition as a payment method. Around 1,000 people – all working at Vibenshuset, an office community of 25 companies in Copenhagen – can sign up to participate in the pilot. By linking their face with their employee ID card, they can now pay for their lunch using their face at Kokkenes Køkken’s... more
International Digital Money Transfer Transactions to Reach 2 Billion by 2024
- 5 years 1 month ago
- Money Transfers
A new study from Juniper Research has found that global international digital money transfer transaction volume will reach 2 billion by 2024; up from 1.1 billion in 2019.
Morgan Stanley Vets Launch Cryptocurrency Derivatives Trading Platform
- 5 years 1 month ago
- Cryptocurrencies
A group of former Morgan Stanley executives is building a cryptocurrency derivatives trading platform. Based in Sinagpore, Phemex is the brainchild of Jack Tao, an 11 year Morgan Stanley veteran who worked as a software engineer on the bank's electronic trading desk, specialising in high frequency trading. Tao has assembled a group of eight former Morgan Stanley staffers for the new venture, which wants to be "the world's most trustworthy... more
Payments Fraud Poses Risk to Retail Growth
- 5 years 1 month ago
- Payments
Thousands of retailers and millions of shoppers are being targeted by fraudsters this weekend as the holiday shopping season begins, according to a comprehensive study by retail and fraud experts at GBG – the global identity data specialist.