W H Smith and Funky Pigeon partner with Mastercard to launch online payments via ‘Pay by Bank app’
- 5 years 3 months ago
- Payments
Mastercard has entered into an agreement with WHSmith.co.uk, Funky Pigeon, Cult Pens & The Card Gallery to offer ‘Pay by Bank app’ to online shoppers.
Fintech Companies Could Help UK Migrant Workers Send an Additional £520M Back Home When Transferring Money
- 5 years 3 months ago
- Money Transfers
Fintechs could save migrant workers a combined £520m when moving money from the UK to emerging economies, according to new analysis by UK fintech Paysend. Each year, migrant workers in the UK send £8bn back home. While the average global transaction fee is currently 7% of the money transferred, the fintech average is already well below 2%. Combined, these savings mean migrant workers in the UK could send up to £520m more back home each year if... more
Ingenico and Pennies donations hit huge £2million mark
- 5 years 3 months ago
- Payments
Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payments, is celebrating a focus campaign on Corporate Social Responsibility with an extra charitable boost. In the UK, the group has unlocked a milestone of £2M with fintech charity partner Pennies in micro-donations made through Ingenico POS terminals in the UK.
Trustly opens two new tech hubs in Vitória, Brazil and Lisbon, Portugal
- 5 years 3 months ago
- Open Banking, Payments
To further refine its online banking payment solutions and accelerate the build-out of global coverage, Trustly is pleased to announce the opening of two new tech hubs in Vitória, Brazil and Lisbon, Portugal. In search of tech talent globally, Trustly will grow its engineering and product management teams outside of Sweden. The hub based in Vitória, Brazil was inherited following Trustly’s June merger with Silicon Valley-based PayWithMyBank,... more
Paytm Closes in on $2bn Funding - FT
- 5 years 3 months ago
- Payments
Indian mobile payment giant Paytm is looking to raise $2 billion at a $15 billion valuation, according to the Financial Times. Existing investors Ant Financial and Softbank are likely to join a round that is expected to close within two months, says the FT, citing sources. The money will be used to help Paytm stay at the top in a market where its is facing competition from Google Pay, Walmart's PhonePe and the imminent arrival of Facebook's... more
Mastercard’s Principles for Blockchain Partnerships
- 5 years 3 months ago
- Cryptocurrencies
Not a day goes by without a headline on cryptocurrency, distributed ledger and blockchain initiatives. This technology has undisputable potential and Mastercard, in line with our history of leaning into emerging tech to advance cash displacement and financial inclusion, has been working on blockchain related use cases for several years.
Fintech Company EBANX is the Newest Unicorn in Latin America
- 5 years 3 months ago
- Payments
EBANX, a payments fintech company headquartered in Brazil that connects global businesses to Latin American consumers, has raised a significant follow-on investment from FTV Capital, a US-based growth equity investment firm. The investment contributed to making the fintech company the newest unicorn of Latin America.
Ripple invests in Swedish start-up Towo Labs
- 5 years 3 months ago
- Payments, Cryptocurrencies
Towo Labs, a Swedish startup aimed at simplifying crypto self-custody, today announced a strategic investment from Xpring, Ripple’s developer initiative to build the internet of value. The investment will support Towo Labs’ development of hardware wallet firmware with support for all XRP Ledger (XRPL) transaction types and a trustless, non-custodial web interface to the XRP Ledger. Enabling All XRPL Transaction Types on Hardware Wallets
Bottomline and Currencycloud Partner for Cross-Border Payments to Hargenant Group
- 5 years 3 months ago
- Payments
Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced that Hargenant Group has selected a partnered service from Bottomline and Currencycloud for their cross-border payments.
paysafecard launches in Iceland
- 5 years 3 months ago
- Payments
paysafecard, an eCash market leader and part of global payments provider Paysafe, continues to strengthen its presence in Europe and is now also available in Iceland.
Samsung.com partners with Klarna to offer hassle-free payment plans
- 5 years 3 months ago
- Payments
Klarna today announces its partnership with Samsung Electronics to give customers a convenient and hassle-free way to pay later at Samsung.com The partnership introduces new payment methods for Samsung.com customers, where shoppers will be able to check-out with 3 new payment options:
Gresham delivers flexible real-time solutions to meet corporate treasury demands
Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management returns to EuroFinance with news of enhanced technology solutions for corporate treasury operations. Phil Boland, Gresham, Managing Director, Cash Management Solutions commented:
8th Swiss Payment Forum: Trends in the Financial Services Industry
- 5 years 3 months ago
- Payments
Switzerland, October 2019 – The financial services industry is in a state of upheaval: banks are in the midst of digital transformation and the cooperation between banks and fintech companies is creating new networked ecosystems. As a result, banks today have the opportunity to generate added value for their customers with innovative digital services and to strengthen customer loyalty.
OpenWay Improves Speed-to-Market for Acquirers With Its New Solution
- 5 years 3 months ago
- Payments
OpenWay, a global provider of top-ranked software for digital payments, has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months.
OpenPayd announces new Chief Product Officer and Chief Growth Officer
OpenPayd today announces the appointment of Adam Bialy as Chief Product Officer and Sophie Guibaud as Chief Growth Officer. Sophie joins OpenPayd from Fidor, where she was appointed as Vice President of European Expansion in 2015, becoming Managing Director Europe in 2018. She began her career in investment banking before joining a growth capital fund. After launching HelloFresh, she led product strategy and commercialisation at Bankable, before... more
