New Mobile Wallet Solution Might Hold The Trump Cards
- 11 years 2 months ago
- Payments
It says something about the state of the market today that companies are now having to collaborate in order to develop new ideas and technologies that solve the security issues raised by mobile wallets.
Western Union To Expand Money Transfers With Bansefi Mexico
- 11 years 2 months ago
- Payments, Retail Banking
As part of its continued commitment to the Mexico market, The Western Union Company (NYSE: WU), a leader in global payment services, and state-owned Banco del Ahorro Nacional y Servicios Financieros, Sociedad Nacional de Crédito, Institución de Banca de Desarrollo (BANSEFI), today announced an agreement to expand access to inbound money transfer services under Western Union, Vigo and Orlandi Valuta brands throughout the country.
Valitor Partners With Saxo Payments
- 11 years 2 months ago
- Payments
Saxo Payments, the global transactions services provider, has secured its fourth contract win in the space of a month.
Payments Council Changed New Trade Association
- 11 years 2 months ago
- Payments, Retail Banking
Payments UK succeeds the Payments Council, which oversaw the successful roll out of mobile payments tool Paym, the Current Account Switch Service and Faster Payments. However a bungled attempt to abolish cheques prompted the government to move to rein in the self-governing body. In its new role, Payments UK says it will work closely with the Payment Systems Regulator (PSR) in its remit to promote competition and innovation across the sector.
SIX Payment Services To Launch New Platform
- 11 years 2 months ago
- Payments, Infrastructure
When banks outsource their Issuing Processing, they rely on the expertise of their technology partner in payments as well as technical performance.
Barclaycard expands range of ‘bPay’ wearable payment devices
- 11 years 2 months ago
- FinTech StartUps, Payments
Barclaycard is to roll out a range of wearable payment devices that can be used to make ‘touch and go’ contactless payments across the UK, following a successful launch of its bPay band last year. Following the successful launch of its bPay band last year, Barclaycard unveils three new wearable payment devices – a wristband, fob and sticker.
Western Union To Suspend Its Money Transfer Operations In Greece
- 11 years 2 months ago
- Payments, e-Payments, Credit Cards, Retail Banking
Western Union is to suspend its money transfer operations in Greece as the crisis-wracked country reels from an overnight Government decision to shut all banks and the stock market for six business days and impose restrictions on cash machine withdrawals.
Over 1,000 Banks Across The World Use RMB For Payments With China And Hong Kong
- 11 years 2 months ago
- Payments
Recent SWIFT data shows that the growth in RMB payments is supported by an increasing number of banks. In May 2015, 1,081 financial institutions used the RMB for payments with China and Hong Kong, representing 35% of all institutions exchanging payments with the latter across all currencies. This is a 22% increase in the number of institutions using the RMB and a 6% increase in adoption, up from 29% two years ago.
LendInvest Receives First European rating for a P2P Platform
- 11 years 2 months ago
- Payments
LendInvest has confirmed that it has received the first European rating from a regulated credit rating agency for a peer-to-peer platform.
Ireland To Cancel 1c and 2c coins
- 11 years 2 months ago
- Payments
The Central Bank welcomes the decision by the Government to rollout the rounding of 1c and 2c coins nationally. This follows a successful trial that was conducted by the National Payments Plan in Wexford in 2013. The Central Bank will now assume responsibility for the project. Details of how rounding will be implemented have yet to be finalised but it is anticipated that it will be rolled out in the next few months. The key features of rounding... more
Visa Mobile Contactless Accredited FIME Korea
- 11 years 2 months ago
- Payments
Having supported the Korean market with EMVCo Level 1 compliance services for a number of years, FIME’s Korean secure chip test laboratory is now approved to test compliance of mobile handsets, chipsets and near field communication (NFC) antennae to Visa’s Level 1 specifications.
EMP Launches Online Fraud Prevention Services
- 11 years 2 months ago
- Payments
Emerging Markets Payments (EMP), the leading payments processessing company in Africa and the Middle East, has today launched its EMP Online Fraud Prevention Services.
WorldRemit Wins Prestigious Award Issued By United Nations Agency
- 11 years 2 months ago
- Payments
IFAD, a United Nations agency, today recognised WorldRemit’s role in shaking up the global money transfer industry. International Fund for Agricultural Development (IFAD), which focuses on agricultural development and financial inclusion, named WorldRemit winner of its 2015 private-sector award for Best Practice in Remittances for Development, ahead of fourteen other nominees.
The Emerging Payments Association Launches The World’s First Dedicated Payments Incubator: The Catalyst
- 11 years 2 months ago
- Payments
The Emerging Payments Association (EPA) today announces the launch of its incubator for early stage payments companies, the Catalyst. The Catalyst provides access to investors, workspace, mentors and commercial partners in association with MasterCard and The Bancorp. The Catalyst beneficiaries – its ‘Rising Stars’ - are new entrants to the fintech industry, mostly founder-owned and with a combined investment and revenue between £0.5m and £2m in... more
ICA Banken And Oberthur Technologies To Launch Dual Interface Payment Cards in Sweden
- 11 years 2 months ago
- Payments
Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, and ICA Banken - the first Swedish bank to do so - announce the launch of the first Dual Interface payment cards in Sweden.
