EMP and East Africa Bank Group Partner to Enhance Electronic Payments Services
- 8 years 11 months ago
- Payments
Emerging Markets Payments (EMP), the leading payments processing company in Africa and the Middle East, has announced that it has signed an agreement to provide electronic payment processing services for East Africa Bank. EMP will assist the bank to expand its issuing and acquiring services in the bank’s Djibouti and Somalia operations.
ID Finance Announces Launch of MoneyMan in Poland
- 8 years 11 months ago
- Payments, Infrastructure
On December 2015, MoneyMan financed its first loan in Poland through the company's website www.moneyman.pl. MoneyMan significantly reduces the costs of maintaining sales offices and a network of agents, focusing resources on developing IT-stack developing.
IBM to Discuss Blockchain Technology at The Block Chain Conference
- 8 years 12 months ago
- Payments
IBM is set to deliver the keynote presentation at The Block Chain Conference which will be hold on Wednesday, February 10th, 2016 at the Mission Bay Conference Center,San Francisco. The conference theme is “Doing Business with Block Chains, Distributed Ledgers and Smart Contracts” – and the event has a unique focus on block chain and distributed ledger approaches and their potential to underpin business applications across a variety of vertical... more
US Dollar Remains Global Dominant in Trade and Currency Payments
- 8 years 12 months ago
- Trade Finance, Payments
New research published today sheds light on the patterns of trade and currency payments between the Europe, Americas and Asia-Pacific regions from 2012 to 2014 and examines the key drivers behind currency choices and regions of growth.
SWIFT Announced to Join Linux Foundation to Boost Blockchain Technology
- 8 years 12 months ago
- Payments, Infrastructure
- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. The project will develop an enterprise grade, open source distributed ledger framework and free developers to focus on building robust, industry-specific applications, platforms and hardware systems to support business transactions.
MANGOPAY Teams Up with GoCardless to Boost Crowfunding Platforms
- 8 years 12 months ago
- Payments
MANGOPAY, the online payment API for marketplaces and crowdfunding platforms announces its partnership with London FinTech start-up GoCardless, specialists in online Direct Debit payments. Launching in early 2016, the partnership will provide MANGOPAY’s merchants with an easy way to set up and accept recurring payments.
R3’s Distributed Ledger Initiative Soars to 42 Bank Members
Financial innovation company R3 has concluded its distributed ledger bank membership round with the addition of 12 new banks, bringing the total number to 42. Since its September launch, the company has seen a groundswell of interest in the consortium from financial services companies around the world.
Powa Technologies partners with UnionPay to Bring Instant Transactions and Mobile Commerce
- 8 years 12 months ago
- Transaction Banking, Payments, Mobile Banking
Powa Technologies has formed a 10-year strategic alliance with “limitless” potential to create a ubiquitous new standard in mobile commerce for China UnionPay’s (CUP) 1.3b credit and debit card users.
Emergent Payments to Launch Jumpstart India Payment Solution
- 8 years 12 months ago
- Payments
Emergent Payments, a global payments company specializing in providing a total solution for emerging markets around the world, today announced the launch of its office in India and Jumpstart India -- a complete local solution to help global businesses capitalize on a $19 billion eCommerce opportunity.
Global Payments Announced Acquisition of Heartland Payment Systems for $4.3 Billion
Global Payments, a leading worldwide provider of payment technology services, announced today that it has entered into a definitive agreement to acquire Heartland Payment Systems, Inc. (NYSE: HPY), one of the nation's largest payment companies.
Samsung Pay is Available for MasterCard Cardholders
- 8 years 12 months ago
- Payments
With the holidays upon us, shoppers are looking to conveniently check off their gifting lists. MasterCard cardholders from New York to California and everywhere in between now have the opportunity to leverage a simple and secure mobile payment option this holiday season as several new banks and credit unions are now live with Samsung Pay.
M&T Bank Customers to Implement Android Pay
Beginning today, M&T Bank customers can add their M&T Bank debit or credit card to Android Pay, the convenient way to pay with an Android phone. The free new service from Google allows customers to use their Android phone (running 4.4 or higher) to pay for purchases at more than one million stores across the U.S.
SETL Announced Appointment of David Walker as Chairman
- 9 years 11 hours ago
- Payments, People Moves
SETL, the UK based institutional payment and settlement infrastructure based on blockchain technology, has today announced the appointment of Sir David Walker as Chairman.
Wirecard and Alipay Announced Partnership
- 9 years 1 day ago
- Payments
A collaboration on innovative point-of-sale (POS) payment acceptance based on internet technologies and value added services in Europe between the Wirecard Group and Alipay, a business of Ant Financial, a related company of Alibaba Group, is set to begin today. The partnership will enable the brands and retailers to tap into the Chinese tourism market, worth US$ 165 billion in 2014 according to World Tourism Organisation (UNWTO), and provide a... more
Visa Expands in Asia Pacific to Boost Mobile and Digital Payments
- 9 years 1 day ago
- Payments
Visa announced the launch of the first Visa Token Service in Asia Pacific with United Overseas Bank (UOB) the first bank to implement. The Visa Token Service is a new security technology that replaces sensitive payment account information found on payment cards, such as the 16-digit account number, expiration date and security code, with a unique digital identifier or "tokens" that can be used to process payments without exposing actual account... more
