Payments

The Royal Mint and Mastercard unveil first of a kind solid gold payment card

Working in association with Mastercard and Accomplish Financial, The Royal Mint has today announced production of the world’s first hallmarked precious metals payment card. The solid gold payment card is designed for individuals who wish to access the exclusive benefits of a Raris account and for those who value high quality luxury items that make a statement. The prestigious 18kt gold Raris card is personalised for each Raris accountholder,... more Read more »

CaixaBank Uses Artificial Intelligence to Simplify the Management of Direct Debit Payments

CaixaBank has developed an innovation project using artificial intelligence to manage returned direct debit payments. As a leading Spanish retail bank, CaixaBank manages 450 million direct debit payments every year and is the primary direct debit service provider in Spain. When a bill is sent to an account with an insufficient balance, the software notifies the customer's banking adviser, who then analyses the case and decides how to resolve the... more Read more »

Moorwand unveils SEPA access for its Digital Banking service

Moorwand, a dedicated BIN sponsor that turns compliance into a competitive advantage, has today launched access to the SEPA initiative (Single Euro Payments Area) for customers of its Digital Banking service. Access to SEPA connects Moorwand’s client base – issuers – to an initiative for cross-border transactions that is active across 36 participating nations, including all EU member states and EEA members. Read more »

C2FO Purchases Early Payment Platform, Priority Vendor

C2FO, the world’s largest provider of working capital solutions cements its position in India by acquiring the country’s largest early payment platform, Priority Vendor. With the amalgamation of C2FO and Priority Vendor under a single platform, Indian suppliers will receive a continuous flow of capital at costs lower than traditional financing alternatives. Their combined network of more than 200 corporates will now be able to enhance returns on... more Read more »

TDB launches instant card issuance in Mongolia

One of the largest banks in Mongolia, Trade and Development Bank (TDB), has launched the country's first instant card issuance project with support from Compass Plus, an international provider of retail banking and electronic payments software to payment processors and financial institutions. Read more »

TDB launches instant card issuance in Mongolia

One of the largest banks in Mongolia, Trade and Development Bank (TDB), has launched the country's first instant card issuance project with support from Compass Plus, an international provider of retail banking and electronic payments software to payment processors and financial institutions. Read more »

Airtel Payments Bank Selects FSS Reconciliation Suite to Maximize Operational Efficiency

FSS (Financial Software and Systems), a global payments technology company, announced the successful implementation of its Reconciliation Suite solution at Airtel Payments Bank, India’s first payments bank. FSS Reconciliation Suite provides an integrated solution that enables Airtel Payments Bank to automate the reconciliation process across payment channels. Read more »

Previse selected to join Mastercard’s Start Path program to support the fintech’s growing presence in payments

Previse, the fintech that uses AI to get suppliers paid instantly, today announced that it was selected to join Start Path, Mastercard’s award-winning startup engagement programme for later-stage scaling startups. Through the six-month programme, a dedicated Mastercard Sponsor provides a gateway to operational support, technology expertise, commercial engagement with Mastercard’s global ecosystem and opportunity to secure strategic investment. Read more »

Revolut Selects Bottomline to Meet Customer Demand for Real-Time Payments

Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced that Revolut has selected the Universal Aggregator solution to deliver real-time payment services to its UK retail and business customers. Read more »

Kantox Provides Citi’s Commercial Bank with Enhanced FX Payments Connectivity for Corporate Clients in the United States

Kantox, a leader in FX management and payment solutions for businesses, announced today that it is providing Citi’s Commercial Bank with a seamless user experience for its foreign exchange (FX) clients in the United States through a customised solution that connects directly to Citi’s foreign currency payments platform. The software – part of Citi’s Dynamic Management Foreign Exchange (“DMFX”) initiative – also provides treasury automation for... more Read more »

NatWest First UK Bank to Unveil Biometric Credit Card

The first biometric fingerprint credit card issued by a UK bank begins its three-month national trial today. NatWest is piloting cutting-edge, biometric fingerprint technology with 150 customers, in partnership with Mastercard and Gemalto, a Thales Company.   The bank has previously piloted biometric debit cards, but this will be the first-time credit cards have been issued. The biometric credit cards will offer contactless payments using... more Read more »

Worldline improves its position by becoming the 4th leading company of the Software and Services industry based on Sustainalytics assessment

Worldline, European leader in the payments and transactional services industry, announces that it has gained one place in the Sustainalytics ranking and became the 4th out of the 229 companies assessed in the Software and Services industry. For the second year in a row, Sustainalytics has recognised the company’s leadership in sustainability-related matters by giving an overall ESG score of 78/100. Read more »

The House of Klarna opens its doors in Manchester with VIP launch party

Less than three months after the Klarna took London’s Covent Garden by storm, the team behind the Pay later revolution have opened the doors to the new ‘House of Klarna’ in Manchester.  Set in the heart of the vibrant Manchester shopping district, the latest innovation by the UK’s best loved payment brand showcases over 26 of the biggest names from the British retail. With a mixture of online and high-street brands including ASOS, Mothercare,... more Read more »

CoinCorner comments on Mark Cuban’s remarks that Bitcoin is “too complicated”

Danny Scott, CEO of CoinCorner, comments on Mark Cuban’s remarks that Bitcoin is “too complicated”: Read more »

Banking Circle wins best B2B Payments Programme in Emerging Payments Awards

Banking Circle has added another trophy to its already-overflowing award cabinet, with a successful night at the Emerging Payments Awards. The Banking Circle team took home Best B2B Payments Programme. The 12th annual Emerging Payments Awards recognised excellence and innovation in payments, and winners were selected by an international panel of expert judges who focused on discovering the best innovations in the payments ecosystem. Read more »

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