Payments

EMQ and Visa Team Up to Offer Cross-border Remittances across Asia Pacific

EMQ, a leading cross-border settlement network in Asia and Visa (NYSE:V) today announced a strategic partnership to offer crossborder remittances across Asia Pacific. This partnership pairs the capabilities of EMQ’s extensive network and Visa‘s real-time1 push payments platform, Visa Direct, to offer customers superior cross-border solutions with greater choice, transparency, and flexibility. Read more »

PPRO launches new improved edition of The PPRO Payment Almanac – the most complete overview of LPMs available to date

PPRO , the cross-border e-payment specialist, in collaboration with Edgar, Dunn and Company, is today announcing PPRO’s new and improved Payment Almanac 2.0 is now available both online and in-print for PPRO’s customers and partners. The new and updated Almanac is the most complete guide to the complex and evolving world of local payment methods. Read more »

Token 2049: Ethereum Supermeetup 2019 Recap

As part of the Token 2049 event, the Ethereum Supermeetup 2019 is the first of its kind held at the luxurious Kerry Hotel in Hongkong last March 13-14. People need to know what the future of Ethereum’s development would look like. Token 2049 is one of the biggest crypto and blockchain conferences held in Hongkong. Several crypto companies and startups from various countries gathered together for this annual blockchain event. Read more »

InstaReM Announces Close of US$ 41mn Series C Funding Round

InstaReM, Asia’s only digital cross-border payments company with a global presence in over 50 countries, announced the close of its US$ 41 million Series C funding round in Singapore. The company’s spectacular growth has attracted an additional US$ 20 million investment in Series C round, led by Singapore-based Vertex Growth Fund (VGF) and supported by new investor, Atinum Investment, a leading Venture Capital investor from South Korea. Read more »

Driving in Europe and Received a Parking Ticket? Finally, There Is an Online Solution

MoneyNetint, one of London’s leading electronic money institutions, is launching PayTicket, an easy-to-use payment service for foreign motorists who receive tickets while traveling. Read more »

Western Union Teams Up with Thunes to Expand Payout Capabilities to Mobile Wallets

Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, has teamed up with  Read more »

FIS and Worldpay to Combine to Accelerate the Future of Finance and Commerce Globally

FIS™ (NYSE: FIS), a global leader in financial services technology, and Worldpay, Inc. (NYSE: WP; LSE: WPY), a global leader in eCommerce and payments, announce that they have entered into a definitive merger agreement. This combination greatly expands FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increases Worldpay’s distribution footprint, accelerating its entry into new geographies. Read more »

FSS Launches Secure3D

FSS (Financial Software and Systems), a global digital payment and financial technology company, has launched FSS Secure3D, its new-generation adaptive authentication solution based on the EMVCo 3DS 2.0 protocol. This award-winning product is amongst the top 20 products globally, to be EMVCO 3DS 2.0 certified. Read more »

WeChat Scan & Go Wins iF Gold Award, the First from China in Service Design Category

WeChat, one of the world's most popular mobile apps and social networks, brought home iF Gold Award for its smart retail innovation, Scan & Go. It is the first ever Chinese product to win gold in the iF Service Design category. Established in 1953, the German-based iF Design Award has always been known for its "Independent, Rigorous and Reliable" standards. Read more »

GBP “holds firm” as experts say NOW is the time to exchange your currency

As MP’s voted last night for Theresa May to seek an extension to Article 50 and delay the UK’s exit from the EU, GBP remained steady against the euro, despite fears that any proposed delay could tip the pound into a downward spiral. We expect the markets to react very quickly once it is clear what direction the Brexit process is heading so we’re advising our customers to make any currency exchanges now The GBP-EUR rate as markets opened this... more Read more »

Seven Newest Start Path Startups Ready to Reshape Future of Commerce with Mastercard

The world’s most promising startups and FinTechs today move like Mastercard – in microseconds. We may be different in size, but there are many more similarities than differences, which we witness through Start Path. Read more »

Digital PayExpo 2019

Transformative innovations in technology can drastically drive presence and scale when offering financial services, opening doors to the unbanked and underbanked populations. The tremendous role that digital financial services (DFS) can play for financial inclusion is well welcome around the globe and regulators have continuously sought to unlock this potential by creating evolving enabling environments. Read more »

Barclaycard partners with Alipay to help UK merchants increase sales from booming Chinese tourism

The new agreement will enable UK retailers to accept Alipay payments in-store, and connect with Chinese tourists before they travel to the UK Chinese tourists represent an important growth opportunity for British retailers, and are expected to spend more than £1 billion this year Alipay users will benefit from a more convenient and familiar in-store payments experience, while merchants will benefit from increased brand awareness and consideration Read more »

Sterling on the move ahead of another Brexit vote

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 Read more »

Bcause, the World’s First Full-Stack Cryptocurrency Ecosystem, to Launch on Nasdaq Market Technology

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. The technology is expected to go live in 1H 2019 with the launch of the new Bcause spot cryptocurrency market. Read more »

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