Nets Enables Mobile Payments for OmaSp Customers
- 5 years 3 months ago
- Payments
The rapidly growing Finnish savings bank, OmaSp, has chosen Nets to enable mobile payments for its customers. Initially OmaSp will offer Google Pay for Visa Credit cardholders, with debit cards on the roadmap for 2020. By partnering with Nets, banks can offer their customers the freedom to choose their preferred payment method.
Apple Pay launched to NatWest Business Customers
NatWest today brings its business banking customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites. NatWest has launched the new feature across its full range of VISA debit cards to its 1 million Business Banking customers, complementing the existing range of payment... more
ACH Alert to Lead Panel Discussions, Share Expertise at Fourth Annual 2019 Hawaii Payments University
- 5 years 3 months ago
- Payments, Fraud Detection
ACH Alert, an award-winning provider of electronic payments fraud prevention technology for financial institutions of all sizes, announced it is attending the 2019 Hawaii Payments University & Fraud Day for the second year, taking place November 5-7 in Honolulu.
Frost & Sullivan Selects FSS for 2019 Best Practices Award for Technology Leadership
FSS, a Payments and Fintech leader, today, announced it has won the prestigious 2019 Frost & Sullivan, India Best Practices Award for Leadership in Payments. FSS has been conferred the 2019 India Payments Technology -- Transaction Processing Services and Product Line -- Strategy Leadership Award for a proven track record for technology services and commercial model innovation.
Late Payments: Buyers Leave SME Suppliers Last
- 5 years 3 months ago
- Payments
Businesses pay their smallest suppliers 30 days later than their bigger suppliers. Data released today by Previse, the fintech that uses AI to get suppliers paid instantly, shows the extent to which the problem of slow payments is concentrated among small suppliers, a fact which public payments reporting fails to highlight.
British Businesses Focusing More on China
- 5 years 3 months ago
- Payments
New research from JGOO, the next generation mobile payments platform, reveals that of those companies currently marketing goods and services in China, 67% say sales in this market have grown over the past 12 months. Furthermore, for those that don’t trade with the world’s second largest economy, one in five companies (20%) are now considering doing this. Over the next five years, the findings reveal that 40% of British businesses think that... more
PayPal Ventures Invests in Japanese Instant Credit Firm Paidy
- 5 years 3 months ago
- Payments
Paidy, a Japanese instant credit startup, has raised $83 million in a Series C extension joined by PayPal and secured an additional $60 million in debt financing. PayPal Ventures, Soros Capital Management, JS Capital Management and Tybourne Capital Management joined the extension round. The debt financing comes from Goldman Sachs Japan, Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank. Paidy launched its post-pay... more
Klarna and River Island announced partnership to let shoppers Pay in 3
- 5 years 3 months ago
- Payments
High street fashion icon River Island has today announced a partnership with Klarna to offer their customers a smooother way to pay, enabled by Adyen. At River Island, shoppers can now split the total cost of their online purchase into 3 equal monthly instalments with Klarna — completely interest and fee free.
Digital Asset Custodian Koine Secures FCA EMI Authorisation
- 5 years 3 months ago
- e-Payments
Koine was granted authorisation for the issuance of electronic money (EMI Licence) by the Financial Conduct Authority (FCA). Koine selected the UK as its jurisdiction of preference to start its regulatory journey. Koine is also in the process of applying for a number of authorisations in other major financial services locations.
Global fintech leaders join forces behind Pollinate platform
Pollinate, the business behind Tyl by NatWest, has launched with a growth capital investment round from a consortium of global industry leaders. Mastercard, Motive Partners and EFM Asset Management (EFM) will join RBS as both investors in, and partners to, the Pollinate business, which has raised a total of £60 million in funding to date.
EBA Calls on EC to Boost Cross-Border Banking and Payments
- 5 years 3 months ago
- Payments
Cross-border banking and payment services in the EU are being held back by a lack of regulatory clarity and harmonisation, says the European Banking Authority (EBA). The rise of digital services should help established and newcomer providers reach more people, including across borders, says the EBA in a report developed under its Fintech Roadmap. However, concludes the report, the promise is not being fully realised within the EU, in part due to... more
Uber launched Uber Money
- 5 years 3 months ago
- Payments
Uber introduced Uber Money, a team within Uber working on financial products and technologies that deliver additional value for the Uber community, all at Uber speed. We’re excited to kick things off with several new features and improvements coming this year:
Modulr to invest £20m to supercharge Scottish fintech
- 5 years 3 months ago
- Payments
Edinburgh-based FinTech
TransferGo Strengthens Leadership Team and Launches in New Markets Following Record Year for Growth
- 5 years 3 months ago
- Money Transfers
TransferGo, one of the world’s fastest growing money transfer companies, has today announced that it has now completed over five million transactions, with its user base continuing to grow in the thousands each day. To support this rapid growth, the remittance company has made four senior hires from some of the biggest names in the technology and financial services sector like PayPal and Santander and launched its service in four new markets... more
PPRO becomes first international partner of BLIK
- 5 years 3 months ago
- Payments
Polish consumers are now able to shop and pay at more places online direct from their mobile phone via BLIK, thanks to a partnership between PPRO, the leading global payments platform, and the Polish Payment Standard (PPS), operator of BLIK. International retailers wanting to close sales with Polish customers can also receive payment simply and securely via BLIK.
