Payments

Elavon with Opayo helps SMEs reopen with new payment solutions and insights into customer journeys

Elavon, a global payments leader, is helping Small to Medium-sized Enterprises (SMEs) reopen by offering new eCommerce and Point-of-Sale (POS) solutions as consumer behaviour changes in response to COVID-19. According to a recent Elavon-commissioned survey with Ipsos Mori, spending habits and customer journeys are evolving with more people seeking contactless payments and shopping online. Read more »

EPA publishes review paper on FCA's shutdown of Wirecard Card Solutions

The Emerging Payments Association (EPA), which celebrates collaboration and innovation across the emerging payments industry, has today launched a review paper, ‘Avoiding a payments lockdown’, to present to the Financial Conduct Authority (FCA) and the Treasury following the shutdown of Wirecard Card Solutions Limited. Read more »

SmartStream further protects payment systems in achieving industry PCI-DSS status

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced certification for PCI-DSS (Payment Card Industry Data Security Standard) version 3.2.1, level 1 (the highest level). This provides additional reassurance to serve card and digital payments customers and process personal identifiable information across the world. Read more »

TransferWise valuation jumps to $5bn in $319m secondary share sale

TransferWise today announces secondary sales amounting to a total of $319 million at a new valuation of $5 billion. This amounts to an uplift of 43% since May 2019. The round allowed shareholders and employees to sell some of their holdings to other new and existing investors.  TransferWise continues to be profitable, cash generating, with a strong balance sheet, and is not raising any primary capital.  Read more »

UK Fintech Curve Taps Onfido to Provide Streamlined Onboarding for its Customers

Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has today announced it has partnered with Onfido, the global identity verification and authentication company, to speed up, simplify, and unify its Digital Identity and Know Your C Read more »

UK fintech Paymentology announces new partnership with Finartix

UK fintech Paymentology announces partnership with Finartex Fintech Solutions S.A. to bring data powered and scalable issuing payments solutions to financial institutions in Greece, Cyprus, South Eastern Europe, Eastern Africa, Belgium and Luxembourg. Read more »

Marqeta’s Modern Card Issuing Platform to Deliver Commercial Card Tokenization for J.P. Morgan

Marqeta, the global modern card issuing platform, announced today that J.P. Morgan will leverage Marqeta’s unique card tokenization capabilities for its virtual card program. This new functionality, anticipated to be available in early 2021, will integrate with J.P. Morgan’s existing systems and enable instant issuance of virtual cards into mobile wallets for J.P. Morgan’s Commercial Card clients. Read more »

Computop and Limonetik announce a partnership to help companies to process payments for platform economy

Further expanding the scope of many years of working together, Computop and Limonetik are excited to announce that they have signed an agreement for jointly providing marketplace payment services to their wide-ranging bases of European clients. Read more »

B4B Payments chooses LHV Banking Services to fuel international growth

LHV, the financial and payment services provider, is pleased to announce award-winning corporate pre-paid payments solution provider, B4B Payments (‘B4B’), has become the latest FinTech customer of its London branch.    Read more »

FinTech Connect 2020 shifts to digital

IQPC Ltd, the organiser of FinTech Connect which is the UK’s largest financial technology trade show with over 6,000 attendees in 2019, has announced that the 2020 edition will take place as an online event. Read more »

Paynetics and phyre launch Digital First Mastercard payment solution

Fintech payment service provider Paynetics AD, digital banking platforms provider Read more »

World’s Biggest Virtual Global Fintech Fest Saw Participation from over 12000 Attendees from over 110 Countries

Global Fintech Fest which (GFF) organised by Fintech Convergence Council (FCC), Payments Council of India (PCI) and National Payments Corporation of India (NPCI) on 22nd & 23rd July’2020 had witnessed participation from more than 10k delegates out of which around 30% were from international community, representation from over 110+ countries and participation from 160+ speakers out of which 30 were women speakers and 45 international speakers. Read more »

Santander partners with Ripple to bring certainty and speed to international payments

As well as being one of the biggest banks in the world, Banco Santander also has a reputation as one of the finance industry’s most innovative organizations. Since the launch of its innovation fund, InnoVentures, in 2014, Santander has invested heavily in a range of digital technologies. But every innovation must directly benefit the bank’s millions of customers, like One Pay FX—the transformative cross-border payments service created in... more Read more »

BPC Marketplace partners with Brazilian Desk to provide financial access to Micro and SME communities in Latin America

BPC, the leading provider of digital payment solutions, partners with specialised market consultancy Brazilian Desk, to connect Brazilian micro and small businesses in key sectors such as agriculture in one digital ecosystem – BPC Marketplace. The closed-loop trading environment, supported by BPC’s payment platform, will be used to forge critical market links and boost Brazilian SME communities’ financial inclusion and instant access to income. Read more »

FSS Prepaid CMS to support open marketplace and instant lending

FSS (Financial Software and Systems), a globally leading provider of payment products and payments processor, announced the addition of innovative capabilities to its Prepaid Card Management System (Prepaid CMS) to deliver greater value to cardholders. Prepaid card issuers can now issue instant, open-loop virtual co-branded merchant wallets paired with added value services such as instant lending at the point of purchase to differentiate their... more Read more »

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