Payments

Alfa-Bank’s New Processing Centre Runs on OpenWay’s WAY4 Platform

Alfa-Bank Belarus, part of the Alfa-Bank Group valued at $44 billion in total assets, has completed its migration to the WAY4 platform by OpenWay, a top-ranked digital payment software provider. Well-known in Eastern Europe for its digital banking approach, Alfa-Bank migrated its payment cards and online services to an on-premise WAY4 solution to cut operational expenses and time-to-market, and promote innovation.  Read more »

Nets enters into partnership with OP’s Pivo Mobile Wallet

21st June 2018 - OP Financial Group’s Pivo Wallet Oy and Nets are joining forces to pilot mobile payments in Finland. The two companies have signed a letter of intent to make Pivo available for Finnish Nets merchants, both in-store and online. Pivo users will also have access to a new e-receipt functionality within the app. Read more »

2Checkout’s 2018 Digital Commerce Benchmark Reflects Continuous Upward Trend for Subscription-Based Sales and Regional Variations in Payments Preferences

Report data reflects the continuous dominance of subscriptions, currently at 76% of transactions. Local payment methods prevalent in several markets around the world. 2Checkout (formerly Avangate), a leader in eCommerce, payments and subscription billing solutions, today released its Q1 2018 benchmark report on Digital Commerce Trends in Software & Online Services Sales. The report shows that subscription-based purchases maintain a strong... more Read more »

Apple Pay comes to Nordea’s First Card customers

Because time is precious! Business expenses get a makeover as Apple Pay becomes available to First Card users in the Nordics. Security and privacy are at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is... more Read more »

Penta Launches New Product Team Access

Digital banking fintech Penta has launched a new product called, Team Access. Founders can now order team MasterCards for their co-founders and coworkers as an instant cure for time-costly expense management.  It comes with account access and customisable permissions for each team member. Read more »

Wallace & Gromit’s Grand Appeal Goes Contactless with Creditcall and Payter

Creditcall, an omni-channel payment gateway and EMV solutions provider, with support of Payter, the contactless payment terminal manufacturer, has given a major fundraising boost to Wallace & Gromit’s Grand Appeal, the Bristol Children’s Hospital Charity, by Read more »

​B21 Launches First Personal Wealth Manager for Crypto Assets

The team behind the first cryptocurrency debit card today announced the launch of B21, the first personal wealth manager exclusively for crypto assets. B21 is a mobile-focused investment platform that allows anyone to create their own portfolio of cryptocurrencies, including Bitcoin, Ethereum, EOS and many others to be determined by users’ votes. Read more »

National Bank of Greece advances market leadership with WAY4

National Bank of Greece, the country’s leading banking institution, has successfully completed the migration of its debit card portfolio to the WAY4 card management system provided by OpenWay, a top-ranked digital payments software provider. Investment in the new platform supports the bank’s vision to enhance its leading position in Greece and further accelerate business growth.        Read more »

Paysend customer base triples in 6 months as the firm targets global payments revolution

Payments disruptor Paysend has tripled its customer base over the last 6 months, following its expansion into growing global markets. The company now has over 150,000 customers across Europe, and operates in more than 60 countries. Most recently a series of partnerships expanded the business to customers in the Middle East and Africa. Read more »

CBA finished SEPA instant payments testing with EBA Clearing successfully

IBAS platform successfully completes rigorous processing for SEPA Instant payments and is set to deliver significant cost savings for banks adopting instant payments Read more »

Finastra’s European Instant Payment Solution Available on Microsoft Azure

At EBAday in Munich today, Finastra announced the commercial availability of its European instant payments solution on Microsoft Azure, Microsoft’s enterprise-ready, trusted cloud platform. The solution enables financial institutions and third-party providers to process SEPA SCT Inst payments in the cloud, viaEBA CLEARING’s pan-European instant payments service, RT1. Read more »

Pelican beta API Interoperable Hub platform goes live

Pelican, a global provider of payments and financial crime compliance solutions to banks and corporates, has announced the live ‘beta’ launch of its pan-European API Hub for banks. This builds upon the recent formation of subsidiary company PelicanPay, an API interoperability platform specially tailored for fintechs and Third-Party Providers (TPPs). Read more »

Penalties! The hidden cost of sending on flags and football kits to Russia

Football fans face hidden costs and red tape shipping their flags and merchandise to the World Cup, warns international delivery expert ParcelHero.   Football fans shipping ahead items such as sports kits and club flags will need to take care to avoid being caught offside by Russian regulations. There are hidden costs and strict rules surrounding shipping items into Russia and delivering them into stadiums, warns the international delivery... more Read more »

FiiiPay Reshapes Payments Processing with Blockchain Technology

Blockchain technology is causing a paradigm in the fintech and payment processing arena. The desire for more efficient transactions and better audit trails is driving companies away from traditional payment processing methods towards innovation. One such example is FiiiPay.  FiiiPay, the brainchild and proprietary payment system of FiiiGroup, which is set to be the blockchain counterpart of payment giants like America's PayPal and China's Alipay... more Read more »

Payments disrupter Paysend debuts card-to-card money transfer services in Turkey

Turkish consumers will now be able to send funds to a network of over 60 countries, thanks to payments disrupter Paysend’s expansion into the country. The Turkish expansion means consumers can send funds to any Visa, MasterCard or Unionpay card accounts across the Paysend global payout network. Read more »

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