Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, announced today that one of the Mediterranean region's most innovative banks, Hellenic Bank, is furthering its digital transformation strategy with the implementation of payments technology from Fiserv. Read more »
PrePay Solutions (PPS), subsidiary of Edenred, the world’s leading corporate payments organisation, is partnering with Matalan to launch the fashion and homeware retailer’s first ever gift card solution in the UK. Launching today across all of Matalan’s 228 UK stores, the gift card solution, powered by PPS, supports the retailer’s three core growing lines of sales; in-store, online, and it’s B2B offering. Meanwhile its new refund solution will... more Read more »
Xena Exchange has today announced the launch of a free desktop terminal for its clients designed to meet the information demands of professional traders looking to navigate the cryptocurrency markets. The desktop terminal is aimed at both novice traders looking to learn, test paper trading, try new strategies and order types, as well as experienced professionals. Read more »
Elavon, a leading global payments provider and subsidiary of U.S. Bancorp has agreed a new partnership with leading financial services group, Societe Generale, for payments acceptance and acquiring services across Europe. Societe Generale’s business clients will now have access to Elavon’s cross-border payment capabilities in the United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland. This will complement Societe... more Read more »
Ahead of the payment protection insurance (PPI) complaints deadline on August 29th 2019, Corlytics, a global leading provider of regulatory risk intelligence, has revealed that the last kicks of PPI may still be to come for some banks. An analysis of over 1.25 million complaints, carried out across seven firms with high street operations in the United Kingdom, shows that the deadline has sparked more approaches from consumers. Specific firms... more Read more »
Banco Consorcio has successfully launched a credit card business with Nexus, the major processor in Chile. The Nexus platform is built on WAY4, a top-ranked digital payments software provided by OpenWay. Read more »
DoshEx, the South African Digital Asset Exchange, and global blockchain-based payment pioneer Pundi X, today announced a strategic partnership to bring cryptocurrency to high street retailers and local consumers. In a first for South Africa’s retail market, XPOS, the Pundi X blockchain-based point-of-sale devices and XPASS cards for cryptocurrency transactions are to be deployed at selected sites across South Africa in a co-branded roll-out... more Read more »
CABIM Ltd, the parent company of Crown Agents Bank has announced that it is acquiring the enterprise business and payment gateway product of Segovia, a US venture-backed technology company focused on frontier market payments. The acquisition will allow Crown Agents Bank to extend its payment network, include mobile money, and integrate Segovia’s modern payments infrastructure with Crown Agents Bank’s extensive FX capabilities - thus offering a... more Read more »
PPRO, a cross-border payment specialist, has officially been granted an e-money licence by the Ministry of Finance in Luxembourg, securing its long term future in Europe The new local entity ‘PPRO SA’ (société anonyme) has been authorised to conduct financial services across the EU under the supervision of the national financial services regulator, the CSSF (Commission de Surveillance du Secteur Financier). Read more »
Klarna, a leading global payments provider, today announced the launch of its global authentication platform — an aggregator with multiple global and local authentication solutions. The platform allows multinational businesses, including merchants and other banks, to provide a simple, secure and personalised customer authentication experience irrespective of market, through a one-time integration. Read more »
CBA has seen contactless payment transactions linked to a debit or credit Mastercard almost triple, since the introduction of Apple Pay earlier this year. In over 90 per cent of purchases contactless is now preferred, and the popularity of Tap & Pay methods continues to rise compared with other payment options. “The popularity growth among consumers is also changing the way businesses make and receive payments, with more choosing to go... more Read more »
Payment industry experts have joined forces with SWIFT to step up the drive to move cross-border transactions to the ISO 20022 standard. In light of multiple planned migrations to ISO 20022 by high-value and instant payments infrastructures, the SWIFT community has agreed to create a common end-to-end implementation that will deliver increased efficiencies, support end-to-end STP, facilitate improved regulatory compliance, enhance the party... more Read more »
KBC, CBC and KBC Brussels customers who have a Fitbit smartwatch or activity tracker can now use it to pay in shops that accept Maestro and have contactless payment available. The initiative makes KBC the first financial institution in Belgium to offer Fitbit Pay, a fast, secure, free and convenient contactless payment option for customers who lead an active life. The launch adds to KBC’s commitment to pioneering new payment methods and follows... more Read more »
Affirm, the financial technology company founded by entrepreneur Max Levchin, today reported that it has raised a $300 million series F round of funding in order to provide honest financial products that improve lives. Read more »
Trustly is pleased to announce a new partnership with one of Sweden’s leading platforms for online payments, Payson AB. Through the partnership, Trustly’s bank payment solution is now offered in Payson’s checkout, which is used by thousands of Nordic e-commerce merchants. Read more »
