Payments

Aziza Coin announces blockchain solution to render African projects economically viable

In the Financial Times' (www.FT.com) report on Innovation in South Africa today, Aziza Coin (www.Aziza.io) simulates how to beat high fees and shows why "excessive profits in UK fund management industry handicap growth on the African continent." Read more »

Atom Bank partners with Bacs

U.K. digital banking disruptor Atom has signed up with the Bacs payment system to boost its offering and enable its customers to offer direct debits for the first time. App-based Atom, the U.K.’s first bank built exclusively for tablet and smartphone users, is joining the Pay U.K. owned Bacs Payments Schemes Limited programme — which already processes nearly six-and-a-half billion transactions a year worth in excess of £4.9 trillion. Read more »

Chainalysis Brings Anti-Money Laundering Tech to Booming Stablecoin Market

Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, today announced the launch of Chainalysis Know Your Transaction (KYT) for stablecoins, a real-time anti-money laundering (AML) compliance solution for monitoring stablecoins across every transaction through their full lifecycle, including issuance and redemption.  Read more »

Launch of the Global Alliance for YOUth at the World Economic Forum in Davos to impact 6 million young people by 2022

The Global Alliance for YOUth has announced today its ambition to impact 6 million young people, helping them build employability skills. The Global Alliance for YOUth is a business-driven movement of like-minded organizations passionate about working together to help young people around the globe get the necessary skills to thrive in the world of work, today and tomorrow. Read more »

VIVIPAY SURVEY OF UNBANKED POPULATIONS SHOWS HOW MUCH IS SPENT EACH MONTH ON CHECK CASHING SERVICES

ViViPAY (ViVi), a subsidiary of ViVi Holdings Inc. and a leading provider of “Fintech” financial technology solutions, announced today results of a survey it commissioned addressing how members of the unbanked population receive income as well as check cashing trends.  Read more »

SafeCharge opens an office in Shenzhen, extending support to its customers in Asia and speeding up development in China

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payments technology, today announced the opening of its new office in China less than four years after launching in the country. The new office is based in Shenzhen’s PingAn International Finance Center, a 115-storey supertall skyscraper in the Futian business district. This latest expansion marks SafeCharge’s growing footprint across the APAC region, where it... more Read more »

Kenya leads in Cryptocurrency predictions for 2019 in the East Africa Region

As we start 2019, it is an opportune time to reflect on the year that was and forge the way forward. The cryptoeconomy celebrated its 10th  birthday in 2018, reaching a total market capitalization of approximately $138.6 billion (KSh 14.2 trillion).  Read more »

MYPINPAD Appoints Nigel Dean to Head Marketing Team

MYPINPAD, the global leader in payment acceptance and customer authentication solutions, has welcomed experienced payment industry professional, Nigel Dean, as its new Head of Marketing.    Nigel has over 30 years’ experience in the payments and automotive industries working across multiple disciplines including engineering, product management, marketing, and sales. He has previously held senior level positions at market-leading point-of-sale... more Read more »

UnPAY Founder Named as 2018 Golden Shell’s Inaugural “Payment Industry Pioneer”

UnPAY founder and CEO, Zhang Zhenghua, has received another feather in his cap with the latest win at the 2018 Golden Shell Award. Zhenghua was named as the Payment Industry Pioneer, for his innovative creation of a global one-stop payment technology service model.  The Payment Industry Pioneer award is a new category created by the Golden Shell Award. It was established to recognise corporate leaders who have made great strides and innovations... more Read more »

Flying start for the new Payconiq by Bancontact payment app: already supported by 290,000 payment points and 20 banks

Nathalie Vandepeute, CEO of Bancontact Payconiq Company: “Our mission? To provide simple and reliable payment solutions to all Belgians on the road to a payment world with less cash. In other words, constantly changing the way in which people pay and are paid – and contributing to the growth of merchants’ businesses, while constantly improving the overall shopping experience.”  Read more »

Double digit growth in SWIFT message volumes as gpi uptake soars

SWIFT’s figures show an average of 31.31 million messages a day in 2018 as its annual traffic rose to an all-time high of over 7.8 billion. This marks an 11.3% increase on 2017 – and a 56% increase over the last five years. Traffic growth was driven by the mass adoption of SWIFT gpi – which now accounts for over half (55%) of cross-border payment instructions carried on the network, only two years since its launch. Read more »

International Payment Transfer Provider FlashFX Upgrades Additional Customer On-Boarding Security Through 4Stop's KYC and Anti-Fraud Solution

4Stop ("FourStop GmbH"), a leader in providing premium global KYC, compliance and anti-fraud technology, announces today they are live and operational within FlashFX's global payment transfer solution.  FourStop GmbH Read more »

Target and Taco Bell partner Apple for easy and secured payments

Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box are the latest merchants to support Apple Pay, the most popular mobile contactless payment system in the world that lets customers easily and securely pay in stores using their iPhone and Apple Watch.  With the addition of these national retailers, 74 of the top 100 merchants in the US and 65 percent of all retail locations across the country... more Read more »

Mastercard Shoppers Can Soon Tap & Go at Target

Today, Mastercard announced its contactless cards soon will be accepted at Target stores, giving shoppers the ability to simply tap to pay. Cardholders using a contactless Mastercard—ones with a contactless symbol on them—will tap their card on the reader screen to pay and head on their way. Read more »

Bankart and Nets ready to deliver on European vision of making instant payments the new normal

Nets, a market leader in the European payments industry, and Bankart, a leading Slovenian company in the field of processing of modern payment instruments, are ready to go live with an instant payment solution in Slovenia after final approval from the Slovenian Central Bank. In February, Bankart will go live with Nets´ RealTime24/7, enabling transactions between Slovenian banks to be cleared in less than a second. Read more »

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