Payments

FIME is ready for key EMV® Contactless Interface 3.0 migration

FIME announced that its testing laboratories have been accredited by EMVCo for EMV®* Contactless Interface v3.0. Card, terminal, smartphone and wearable manufacturers can now align with EMVCo’s updated EMV Level 1 Specification. The enhanced specification addresses the latest interoperability and communication needs of EMV acceptance devices and contactless payment form factors. Read more »

RENO relies on full service from Concardis

RENO Schuh GmbH is streamlining its payment processes and entrusting all payments taken in its bricks-and-mortar stores to Concardis. The Eschborn-based full-service payment provider is responsible with immediate effect for acquiring and network operation, hardware, payment processing and risk and credit control for RENO, along with interlinking all payment services and integrating them into the existing IT systems of Germany’s second-biggest... more Read more »

NatWest Trials New Personal Finance App

NatWest are trialling a new companion to the NatWest app called Mimo, which has been designed to help customers save time, save money and enjoy financial peace of mind.  Mimo will help customers budget, remind them of the financial tasks they need to do and provide proactive and personal insights into their money, looking at their bills or day-to-day spending, as well as insurance, subscriptions and utilities and will be able to take direct... more Read more »

New mobile money propositions have the potential to reduce the world’s unbanked population by more than a third

A new report from Mastercard confirms the power of mobile technology to improve financial inclusion. The research shows that 15 countries account for over 60% of the global unbanked population, where 607 million people have a mobile phone, but do not yet have a bank account. Mobile technology could therefore provide them with immediate access to the benefits of financial inclusion. In all but one of these 15 countries (India) people with a... more Read more »

Online Optician, Mister Spex, relies on Secure Payment with Computop

Computop, the global payment processor, today announced that Europe's leading online optician, Mister Spex, has selected the company’s highly secure POS terminals for the processing of all card payments  across its national network of German stores. The CCV Pad card terminal from Computop is one of a new generation of POS solutions that have been developed to reduce costs and expenditure on PCI security audits while protecting purchasers’ card... more Read more »

Global Cryptocurrency Exchange IronX Announces Public Launch Following Successful $26M ICO

The IronX Exchange is a joint venture between IronFX, the global multi-asset broker and EmurgoHK, the Cardano (ADA coin) creator. The Exchange has a full range of both crypto and fiat wallet funding options available. Read more »

ACI Worldwide and Western Union Announce Early Termination of HSR Waiting Period in Connection with Proposed Acquisition of Speedpay U.S. Domestic Bill Pay Business

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, and The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to ACI’s previously announced acquisition of Speedpay... more Read more »

Klarna launches Open Banking Platform

Today, Klarna, one of Europe’s leading payment providers and the global market leader in payment initiation services, announces the launch of its own Open Banking Platform. This platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna’s XS2A API is the most established and proven solution that has been developed at scale across markets for... more Read more »

UK CFOs missing out on £6.7 billion each year by not taking advantage of early payment discounts

New research from Barclaycard reveals that a Chief Financial Officer’s (CFO’s) leadership style and willingness to invest in their financial and accounting software has a tangible impact on their business’ bottom line. Faced with tighter margins and increased pressure to meet KPIs, businesses are turning to their accounts payable platforms to help them achieve their goals, with four in ten businesses (40 per cent) looking to upgrade their... more Read more »

Pelican expands pan-European Open Banking API interoperability

Pelican (pelican.ai), a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France's STET and the Berlin Group, together with the Czech ČSOB, and the Polish and Slovakian APIs. Read more »

VERMEG appoints senior banking and payments expert as General Manager in the UK

VERMEG, the banking and insurance software solution leader, has appointed Philip Harrison as General Manager for the United Kingdom (UK). Philip joins the VERMEG Executive Committee with over thirty years’ experience and takes responsibility for sales, pre-sales, professional services and client support across all industries and product lines throughout VERMEG UK. Read more »

Currencycloud selected as part of Tech Nation’s Future Fifty 2019 cohort

Currencycloud has been recognized as one of the UK’s most successful digital companies as it joins Tech Nation’s Future Fifty 2019 cohort. Future Fifty is a prestigious programme that enables the UK’s most successful late-stage tech companies to come together, build a powerful and supportive network, and problem-solve with peers. Previous alumni of Future Fifty have included household names such as Deliveroo, HailO and SkyScanner, as well as big... more Read more »

Mastercard Introduces Consumer-Centric Model for Digital Identity

Mastercard today introduced a vision for digital identity in today’s increasingly connected world.  A new paper, Restoring Trust in a Digital World, presents a detailed framework of how digital identity will work, starting with the individual sitting at the heart of every digital interaction.  Read more »

Apple Reveals Apple Card

Apple announced Apple Card, an innovative, new kind of credit card created by Apple and designed to help customers lead a healthier financial life. Apple Card is built into the Apple Wallet app on iPhone, offering customers a familiar experience with Apple Pay and the ability to manage their card right on iPhone. Apple Card transforms the entire credit card experience by simplifying the application process, eliminating fees, encouraging... more Read more »

EMVCo Promotes Confidence and Consistency for EMV® Consumer Device Cardholder Verification Method (CDCVM) Solutions

The deployment of Consumer Device Cardholder Verification Method (CDCVM) solutions across the payments ecosystem is increasing. EMVCo is therefore working to promote confidence and consistency by identifying and addressing specific security, functional and performance needs for CDCVM. Read more »

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