Sterling on the move ahead of another Brexit vote
- 6 years 2 months ago
- Payments, Infrastructure
Another big vote in Britain, another big move in the U.K. pound. Sterling rebounded ahead of a vote today in the British Parliament on whether to exit the EU without an agreement. The pound’s tentative rise added a headwind on the U.S. currency whose rally has been undercut by tepid data. The euro, yen and Canadian dollar were little changed. Negative data Down Under weighed on both the Aussie and kiwi dollars. Sterling plunged Tuesday after... more
Bcause, the World’s First Full-Stack Cryptocurrency Ecosystem, to Launch on Nasdaq Market Technology
- 6 years 2 months ago
- Cryptocurrencies
Nasdaq Inc. (Nasdaq:NDAQ) and Bcause LLC, creator of the world’s first full-stack cryptocurrency ecosystem, today announced that Bcause’s markets will operate on Nasdaq’s matching engine, clearing and market surveillance technology via the Nasdaq Financial Framework platform.
SafeCharge transactions value processed reaches $14 billion in 2018, building a market-leading position in payments
- 6 years 2 months ago
- Payments
SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payments technology, today announced a strong performance for the year 2018 with a revenue growth of 24% to US$138.5 million. The processed volume increased by 45% year-on-year to $13.9 billion, up from $9.6 billion in 2017.
Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud
- 6 years 2 months ago
- Payments
Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce.
Leading payments provider Klarna has announced its most recent partnership, with UK-based flight search website, Alternative Airlines
- 6 years 2 months ago
- Payments
Alternative Airlines, a UK-based flight search website that offers a fast, easy and convenient way to book flights to remote destinations, has announced a new partnership with Klarna, one of the leading European payment providers, to allow customers an alternative and flexible way to pay for their travel.
The PAYTPV payment platform has grown and become PAYCOMET
- 6 years 2 months ago
- Payments, Banking, Infrastructure
The PAYTPV payment platform has undergone a significant transformation and increase and is now called PAYCOMET (
Market Synergy Extends Connectivity to Cryptocurrency Exchange Bitfinex with Virtual Private Servers
- 6 years 2 months ago
- Cryptocurrencies
Institutional cryptocurrency connectivity provider, Market Synergy has launched a cloud-based VPS (Virtual Private Server) to connect brokers, hedge funds and professional traders to Bitfinex, the world’s leading cryptocurrency trading platform.
The Financial Times recognizes Trustly as one of Europe’s fastest growing companies
- 6 years 2 months ago
- Payments
For the third consecutive year, the Financial Times has named European payment services provider Trustly on its annual FT 1000 list. With a compounded annual growth rate in revenue of 362 percent between 2014 and 2017, Trustly ranks as the 482nd fastest growing company in Europe. Trustly ranks 12th among the fintech companies, and 7th among the Swedish companies.
Amun AG choosing Solactive to provide Index Calculation for the World’s First physically backed Bitcoin and Ethereum ETP
- 6 years 2 months ago
- Cryptocurrencies
Solactive is pleased to announce that Amun AG, the issuer the first two physically-backed crypto-currencies single-coin exchange-traded products, Bitcoin (BTC) ETP [Ticker: ABTC] and Ethereum (ETH) ETP [Ticker: AETH], has chosen Solactive’s ETF Services Department to perform the IOPV calculation and Portfolio Composition File (PCF) creation.
Currencies Direct announces launch of new developer’s platform
- 6 years 2 months ago
- Payments
Currencies Direct, the UK’s leading international payments provider, announced the launch of its suite of API services. The platform is targeted at large corporates, start-ups and service providers who want to offer a complementary service for international payments. The API gives developers unprecedented levels of access to Currencies Direct’s digital infrastructure, that facilitates and authenticates cross-border for customers on a global... more
NatWest to launch biometric payments card pilot
As part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers. The trial is due to begin in the coming weeks. Customers will use their fingerprint to verify transactions over £30, increasing security and making it easier for customers when paying for goods or services at the tills as no PIN is required.
Gender bias in money transfers mean migrant women in the UK pay more than men to send money abroad
- 6 years 2 months ago
- Money Transfers
Fintech InstaReM, has revealed that migrant women in the UK, despite being the primary source of care for their families ‘back home’, pay up to 20% more than men to transfer money abroad. UK Migrant women are disproportionately employed in low income work, and often paid weekly, transfering money ‘little and often’ thereby incurring greater fees.
Mastercard Delivers for Women Business Owners Seeking Community Support, Mentorship and Access to Capital
- 6 years 2 months ago
- Payments
The needs of women small business owners are immediate and specific. They want a financial provider who will work for them by delivering community engagement, networking, mentorship opportunities and access to capital.
Mastercard Advances Cross-Border Capabilities with Acquisition of Transfast
- 6 years 2 months ago
- Payments
Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Transfast, a global cross-border account-to-account money transfer network.
FSS makes Strategic Investment in Africa-based Ecentric Payment Systems
- 6 years 2 months ago
- Payments
FSS (Financial Software and Systems), a global PayTech company, has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a leading payment processor in South Africa. FSS has acquired a 46% stake in Ecentric through a combination of primary and secondary investments, with a potential to further its stake holding.
