CLS’s DLT payment netting service goes live with Goldman Sachs and Morgan Stanley
- 6 years 2 months ago
- Payments
CLS today announces that CLSNet, a standardized, automated bilateral payment netting service for over 120 currencies operating on a distributed ledger technology (DLT) platform, is now live with Goldman Sachs and Morgan Stanley. Six additional participants from North America, Europe and Asia, including Bank of China (Hong Kong), have committed to joining the service, with a steady onboarding of several other market participants planned in the... more
Millennials spend the least on luxuries says new #MillennialMoney research from Yolt
- 6 years 2 months ago
- Payments, Infrastructure
New research from Yolt, the smart thinking money app and Cebr, has revealed that consumers under the age of 30 consistently spend the least amount of money on luxury items, in absolute terms and when measured as a percentage of their total expenditure. On average, millennials under 30 dedicate just 13% of their weekly expenditure to paying for luxuries, such as holidays, restaurant meals and alcoholic drinks.
SIA: AN INCREASE OF 30% IN CARD PAYMENTS ON BLACK FRIDAY
- 6 years 2 months ago
- Payments
SIA processed 13.4 million payments by debit, credit and prepaid cards issued in Italy on Black Friday 2018 (Friday 23 November), up around 30% compared to the 10.4 millionof Friday 16 November and 11.4% if compared to Black Friday 2017 (12.1 million payments).
CAVENDISH ADVISES ON SECOND PAYMENT TRANSACTION IN THREE MONTHS
- 6 years 2 months ago
- Payments
Cavendish Corporate Finance (‘Cavendish’), the specialist sell-side M&A firm, has advised Rapidata Services, one of the UK’s leading payment platform providers, on its sale to Access Group, one of the UK’s leading providers of software to mid-market businesses. The sale represents Cavendish’s second payments transaction in the last three months, highlighting its expertise within the payments sector and its ability to complete high-profile... more
TranSwap unveils cross-border payments API
- 6 years 2 months ago
- Payments
Singapore-based cross-border payments company TranSwap has launched its proprietary platform to help SMEs streamline their payment processes and seamlessly make FX payments at the most competitive rates.
Emirates NBD supports Google Pay
- 6 years 2 months ago
- Payments, Banking, Infrastructure
Emirates NBD, a leading banking group in the region, today announced that its debit and credit card customers can now pay via Google Pay.
Elavon Secures Payments Deal with bpost
- 6 years 2 months ago
- Payments
Elavon, a leading global payments provider and subsidiary of U.S. Bancorp (NYSE:USB) today announced a strategic deal with bpost, Belgium’s leading postal operator, to provide payment services across over 650 locations.
Worldpay and Paysafe launch platform for US iGaming
- 6 years 2 months ago
- Payments
Leading global payment technology providers Worldpay, Inc. (NYSE: WP;LSE: WPY) and Paysafe Group (Paysafe) announced today a new strategic partnership, with sights set on establishing an industry-leading standard in iGaming and Sports Betting digital payments acceptance and security in the United States (U.S.).
ISXPay EU/EEA ‘production live’ with own Visa & Mastercard Principal Licenses
- 6 years 2 months ago
- Payments
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX: ISX | FRA: TA8) (the “Company”), is pleased to announce that it has completed its Tier 1 integration to access both Visa and Mastercard (“card schemes”) directly, per its previously announced timetable on 30th August, and will be imminently using its own Principal Member Bank Institution Number (BIN) for processing of card transactions within the EU/... more
EBANX expands into Argentina
- 6 years 2 months ago
- Payments
EBANX, global fintech company that offers end-to-end local payment solutions from Latin America to global digital commerce merchants, announces the integration with local credit cards in Argentina. Websites that sell cross-border to the country can rely on EBANX solutions to reach all consumers that like to pay for online purchases using domestic credit cards.
YGGDRASH Partners with Blockchain Remittance Platform REMIIT
- 6 years 2 months ago
- Blockchain, Money Transfers
Third-generation trust-based multi-dimensional blockchain platform, YGGDRASH, has entered into a partnership with a blockchain powered open market remittance platform, REMIIT. At the signing ceremony, representatives from both companies met to share and discuss the technology, vision and direction between the two companies. In particular, they focused on the overseas remittance sector within the ecosystem of YGGDRASH.
REGO Announces Engagement of SKB Capital
- 6 years 2 months ago
- Payments, Compliance
REGO Payment Architectures Inc., (OTCQB: RPMT) announced today the engagement of SKB Capital to act as its financial advisor for both the firm's capital requirements as well as its long-term corporate strategy to align with a major multi-conglomerate tech titan.
Western Union Expands with Online International Money Transfers in Malaysia
- 6 years 2 months ago
- Money Transfers
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, has launched online money transfers in Malaysia via the
First Data Chooses Latest nexo standards Specifications
- 6 years 2 months ago
- Payments
nexo standards, the association dedicated to delivering fast, interoperable and borderless card payment acceptance, today announced that First Data (NYSE: FDC), a global leader in commerce-enabling technology, is one of a group of early adopters deciding to implement the latest nexo messaging protocols and specifications into its payment platform.
ABN Amro payments app Tikkie gets a makeover
- 6 years 2 months ago
- Payments
ABN AMRO’s popular payment app Tikkie is getting new features. You will soon be able to use the app to transfer money to other Tikkie users regardless of whether you know their IBAN. With Tikkie, you will also be able to pay in a flash for your purchases in webshops, without having to fill in your address details. Meanwhile, businesses will benefit from new commercial features as well. Express Checkout in webshops and new features for... more
