Payments

Moneynetint and Ripple Presents: International Money Transfer Without an Intermediary Bank Involvement

Moneynetint, UK based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the world, announced that it had completed the integration phase with Ripple, which offers blockchain solutions for payments.  Read more »

Volante Technologies launches Payments as a Service on Microsoft Azure for FIMBank

Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that FIMBank Malta has signed as the first customer for Volante’s newly launched cloud-based VolPay-as-a-Service offering. Volante will provide FIMBank with a managed service for processing SEPA payments in the cloud, powered by Volante’s VolPay Suite of payments products running on Microsoft Azure. Read more »

The transformation of the European payments landscape

SWIFT today releases a new paper on the evolution of the European payments landscape. While change is underway in wholesale and retail payments across the world, in Europe, the Eurosystem has set a clear path for financial market infrastructure renewal. This, along with regulations such as the Second Payment Services Directive (PSD2), is driving a period of radical payments transformation across Europe. Read more »

LHV selects Form3 to become a Member of UK Faster Payments

Form3, the cloud technology provider of Payments-as-a-Service for banks and regulated fintechs, today announced that fintech focused LHV Bank has selected Form3 to provide a fully managed service connecting the bank directly to the UK Faster Payments infrastructure. LHV will join the scheme as a Directly Connected Participant (Member) in 2019. Read more »

Ingenico and Trustly partner for online bank transactions

Ingenico, the global leader in seamless payment, has today announced a partnership with European payments company, Trustly, that will enable customers in Europe to make secure online transactions directly from their bank account. The collaboration will see Ingenico expand its range of online payment solutions and enhance its position in 26 European countries, with online banking payment method now integrated into Ingenico’s payment platform.  Read more »

Multiple award wins for Paysafe’s female leaders around the world

Paysafe Group (Paysafe), a leading global payments provider, has been enjoying a formidable run on the awards front as its female leaders around the world earn high profile recognition for their inspiring leadership and focus on diversity and inclusion (D&I) in the workplace.   The company also picked up a coveted ‘Pink Chip Employer’ award in Europe this week in recognition of the positive working environment it has created for its female... more Read more »

Capgemini WPR: Banks alone will be unable to master new digital payments ecosystem

Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched today from Capgemini and BNP Paribas.  Read more »

Fed study finds rising noncash payments fraud

The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.  The study's survey of depository institutions found that the value of noncash payments fraud rose 37 percent from $6.1 billion in 2012 to $8.3 billion in 2015. Over the same period, the total value of noncash payments rose 12... more Read more »

Caspian Rapidly Expands Crypto Trading Institutional Client Base

Crypto asset management platform Caspian has today announced series of client go-lives which marks the end of the Beta phase of the product. The company now has 15 global institutions live on the platform, and is currently implementing 20 more. Caspian expects to have 50 clients on the platform by the end of the year.   Read more »

LHV selects Form3 to become a Member of UK Faster Payments

Form3, the cloud technology provider of Payments-as-a-Service for banks and regulated fintechs, today announced that fintech focused LHV Bank has selected Form3 to provide a fully managed service connecting the bank directly to the UK Faster Payments infrastructure. LHV will join the scheme as a Directly Connected Participant (Member) in 2019. Read more »

Standard Chartered and Huawei Partner to Develop Internet of Things Solution to Expand Ecosystem Lending

Standard Chartered and Huawei have announced that they are developing an Internet of Things (IoT) powered solution that could revolutionise the way corporates communicate with banks for financing or payments. Rather than corporates having to manually initiate these transactions through paper-based or emailed instructions, corporates’ and banks systems will be able to ‘speak’ to each other in real-time, triggering financing or payment... more Read more »

American Express Partners With Ethoca to Simplify Transaction Disputes for U.S. Merchants and Card Members

American Express Company (NYSE: AXP) and Ethoca, a leading provider of collaboration-based technology solutions for merchants and card issuers, today announced they are working together to help American Express U.S. merchants and card members more quickly resolve disputes related to card purchases. American Express has deployed the Ethoca Eliminator solution in its latest step to help merchants reduce time and costs spent handling disputes. Read more »

CryptoCompare publishes Cryptoasset Taxonomy

CryptoCompare, the global cryptocurrency market data provider, has today published the ‘Cryptoasset Taxonomy Report’. The taxonomy provides retail and institutional investors, regulators and the industry as a whole with an independent classification of cryptoassets, based on the depth, breadth and scope of CryptoCompare’s global datasets. Read more »

TransLink.iQ Will Manage More Than 250,000 POS Terminals in Uzbekistan

ASHBURN International, a company specializing in solutions for managing and monitoring POS terminal networks, signed a long-term strategic partnership agreement with the Common Republican Processing Center (CRPC) of Uzbekistan. CRPC organizes the complex and goal-oriented movement of the modern bank information technologies in the financial market of Uzbekistan. Common Republican Processing Center is responsible for processing transactions. It... more Read more »

SA’s first specialised developer of tokenised ecosystems and exchange goes live

DoshEx, the Johannesburg-based developer of tokenised ecosystemsand exchange, has formally launched following the listing of twovirtual assets by two financial service companies. The digital tokens registered and listed with DoshEx permit these pioneering enterprises to transfer value to third parties in a fast, cost-efficient and transparent manner that delivers built-in fraud protection and client peace of mind as all transactions are... more Read more »

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