Payments

Powa Technologies partners with UnionPay to Bring Instant Transactions and Mobile Commerce

 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.   Read more »

Emergent Payments to Launch Jumpstart India Payment Solution

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. Read more »

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. Read more »

Samsung Pay is Available for MasterCard Cardholders

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. Read more »

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. Read more »

SETL Announced Appointment of David Walker as Chairman

SETL, the UK based institutional payment and settlement infrastructure based on blockchain technology, has today announced the appointment of Sir David Walker as Chairman. Read more »

Wirecard and Alipay Announced Partnership

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 Read more »

Visa Expands in Asia Pacific to Boost Mobile and Digital 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 Read more »

Samsung Pay Offers an Exclusive New Year Gift to its Clients

Samsung Electronics America, Inc. announced today that Samsung Pay users will have the chance to be treated to an exclusive, special performance and private New Year’s Eve party featuring the platinum-selling recording artist, Usher, in Los Angeles. As part of the promotion, Samsung Pay also launched a nationwide shopping experience at nearly 50 malls where customers can try out and activate the most accepted mobile payment system for a chance... more Read more »

Gem and BTC Media to Launch 'The Distributed Ledger' Blockchain Digest with

 Gem, a leading blockchain platform provider, presents two new digital channels to connect, educate, and inform on distributed ledger technology. Read more »

SWIFT Announced Global Payments Innovation Initiative

SWIFT announces a global payments innovation initiative to dramatically improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments. Designed in collaboration with the industry, the initiative will initially focus on a business-to-business payments service supported by participating banks in early 2016. Read more »

Fiserv Named Technology Provider of the Year at 2015 Payments Awards

 Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, was recently named Technology Provider of the Year at the 2015 Payments Awards. Now in its third year, the Payments Awards are organized by fintech publications FStech and Retail Systems to recognize cards and payments excellence and technology innovation over the past year. Fiserv was named the winner from among five other shortlisted companies. Read more »

Walmart Launched "Scan and Go" Mobile Payments

Walmart knows customers want to save not just money, but also time. Today, the retailer introduced Walmart Pay – a fast, easy and secure way for customers to pay with their smartphones in Walmart store Read more »

VocaLink and The Clearing House Signed Partnership to Deliver National Real-time Payment

VocaLink, the UK-based international payment systems provider, has signed a contract with The Clearing House (TCH) to develop a national real-time payment service in the U.S. In October, the two companies announced they had signed a letter of intent, and today’s contract signing finalizes the partnership and clears the way for work to build the system to begin immediately. Read more »

Earthport Joined NASDAQ's International Designation Program

Earthport, the largest global Payment Network, today announced that it was added to NASDAQ's International Designation program, a new visibility offering made available to non-U.S. listed companies that offer Level 1 ADRs or shares that trade on the over-the-counter market. Read more »

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