YouTrip assists the Singapore Police Force to Uncover Credit Card Fraud
Multi-currency mobile wallet, YouTrip, has taken a stand against financial fraud by assisting the Singapore Police Force in uncovering a case of syndicated credit card fraud. Over 85 fraudulent credit card transactions were flagged by YouTrip's Fraud Monitoring System. The Singapore Police Force has arrested and charged 4 individuals with syndicated credit card fraud with another 15 individuals currently under investigation for related offences.
Chainalysis Secures $30M Investment Led by Accel to Pave Way for Next Wave of Cryptocurrency Growth
- 5 years 11 months ago
- Cryptocurrencies, Compliance
Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, has secured a $30M Series B financing led by Accel. Benchmark also increased its investment in the company after leading its $16M Series A round last April. Chainalysis will use the funding to support strategic product development of new cryptocurrency usage and open an office in London that will act as a hub for its research and development lab and... more
MetaBank® Launches Faster Payments Platform, Enabling Partners to Move Funds in Near Real-Time With Mastercard Send
MetaBank® today announced the launch of its faster payments platform, which will enable its partners to disburse funds in near real-time.
Worldpay and Sage partner to provide fast and efficient Payments to businesses across the UK and Ireland
- 5 years 11 months ago
- Payments
Worldpay, Inc. (NYSE: WP; LSE: WPY), a leading global payments technology provider, and Sage Pay, part of Sage Group (FTSE: SGE), a market leader in cloud business management solutions, have today announced a partnership that broadens the range of card payment solutions available to businesses.
PrePay Solutions Powers First UK Business Banking App to with Invoicing and Expense
PrePay Solutions (PPS), subsidiary of Edenred the world’s leading corporate payments organisation, is supporting Countingup to become the first mobile bank in the UK to offer invoicing and expense tools.
Global card expenditure to reach $45 trillion by 2023 on back of contactless payments
- 5 years 11 months ago
- Payments
Card expenditure continues to rise with customers increasingly expecting to be able to use their cards, even for low value payments Convenience and speed drive increasing card usage for lower value payments
ACH Alert Introduces New Payment Data Xchange Module
- 5 years 11 months ago
- Payments
ACH Alert, an award-winning provider of electronic payments fraud prevention technology for financial institutions of all sizes, announced today its latest Payment Data Xchange (PDX) service module within its flagship Fraud Prevention HQ platform.
Alipay 2019 Lunar New Year highlights: Mobile payment is now a norm for Chinese outbound travelers
- 5 years 11 months ago
- Payments
As China’s week-long Lunar New Year celebrations come to an end, we would like to take this opportunity to share our preliminary findings of Chinese consumers’ mobile payment behavior while they vacationed overseas during the holiday period. The findings are drawn from the 40-plus markets where Alipay is accepted and certainly provide a snapshot of the proliferation of mobile payment in China’s vibrant outbound tourism market. Key findings... more
Nets announces strategic alliance with Przelewy24 and continues expansion into Poland
- 5 years 11 months ago
- Payments
Nets, a market leader in the payments industry, today announces a strategic alliance with Przelewy24, a leading online payment service provider in Poland. Following the recent acquisition of Dotpay/eCard, Nets will attain a majority stake of 51% in the consolidated Polish group that will include Przelewy24 and Dotpay/eCard. Piotr Kurczewski will continue as CEO and shareholder of Przelewy24, with 49% of the consolidated group. Andrzej Budzik... more
Payger and Net Element Collaborate to Enable Crypto Currency Payments
- 5 years 12 months ago
- Payments, Cryptocurrencies
Payger, the new coin-agnostic payment platform for digital assets, and Net Element, a technology driven group specialized on mobile payments and value-added transactional services, today announced a partnership to implement payments with crypto currencies at the Point of Sale.
Sound On: Mastercard Debuts Sonic Brand
- 5 years 12 months ago
- Payments
Setting a new tempo for brand expression, Mastercard debuts its sonic brand identity, a comprehensive sound architecture that signifies the latest advancement for the brand. Wherever consumers engage with Mastercard across the globe – be it physical, digital or voice environments – the distinct and memorable Mastercard melody will provide simple, seamless familiarity.
Making Gains? Klarna’s Pay later service now available to Gymshark customers in the UK & Nordics
- 5 years 12 months ago
- Payments, Online Banking
Gymshark and Klarna have today announced the launch of Klarna’s Pay later service in the UK, Sweden, Norway, Finland and Denmark. Enabling Gymshark’s loyal community of shoppers to order the latest fitness apparel and pay after delivery.
Money transfer disruptor PaySend reaches 500,000 customers milestone, adds transfers to bank accounts
- 5 years 12 months ago
- Payments
Payments disruptor Paysend continues its global expansion by reaching the 500,000 customers milestone and adding an option of sending money to bank accounts across its network. The rapidly growing business now operates in more than 70 countries and now offers consumers an option of sending money to regular bank accounts in additions to card-to-card transfers to Visa or MasterCard and UnionPay.
Omnio Group to Unveil New Brand at the Tower of London
Omnio Group, a banking and payment services provider formed from the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, will host its exclusive launch celebration on 26th February at the Tower of London. Since the successful merger of the two predecessor companies in August 2018, Omnio Group has been refining its suite of innovative financial services as well as developing its all-new brand identity and is now ready to... more
Equiniti’s new Bengaluru digital hub lauded by senior officials as “superb investment project” for India’s tech capital
- 5 years 12 months ago
- Payments
Equiniti Group plc (“Equiniti”), the multinational technology and payments specialist, has announced its creation of a specialist IT powerhouse in Bengaluru, India’s equivalent of Silicon Valley.