Payments

Pay4Later Breakes a Record in Consumer Finance Applications

Financial technology company, Pay4Later, has reached a significant milestone this month by processing its millionth consumer finance application. Exponential growth in point-of-sale loans reflects the increase in merchants providing a financing option at checkout and demand from consumers for fast, accessible credit. Read more »

TNS Launches Message Translation Solution to Enhance Payments Industry

Merchants, ISOs, payment gateways and terminal providers around the world are set to gain efficiencies and make substantial savings thanks to the launch of TNSConnect2All, a new global message translation conversion service, from Transaction Network Services (TNS). Read more »

Money 20/20: Azimo to Run Money Transfers in Scandinavia

Today at the inaugural European Money 20/20 in Copenhagen, Azimo, the digital money transfer company, announced the launch of its service in Denmark and Sweden, increasing the countries it serves to 22. Through a strategic partnership with European online payments service provider Trustly, hard-working migrants can now send Danish Krone (DKK) and Swedish Krona (SEK) from their mobile or desktops to family and friends in over 190 countries... more Read more »

PayU Operates its Business Under New CEO

PayU, the leading payment service provider within fast-growing countries, analyses the transaction trends and potential of the 16 growth markets in which it physically operates in order to further shape the company’s business strategy under new CEO, Laurent Le Moal. ‘’Ecommerce growth within emerging countries is two times bigger than in most established regions’’, states Laurent Le Moal, CEO of PayU. ‘’These evolving markets make way for many... more Read more »

21 Banks Testing SWIFT's Global Payments Innovation Initiative

SWIFT announces today that 21 banks have started the pilot for its global payments innovation initiative, intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments. Read more »

GoSwiff Unveils MNOs in Omni-channel Payments at Money20/20 Europe

GoSwiff releases a new line of business to support mobile network operators (MNOs) in omni-channel payments. Alternative payment methods offer a great opportunity for MNOs to differentiate their proposition to the market and to develop additional services, leveraging the existing merchant accounts and getting new ones on board. Read more »

TOC BIOMETRICS Presents its New APPROVE App at the Money 20/20 Europe

TOC BIOMETRICS unveils its new APPROVE App at the Money 20/20 global event. The consent administrator system allows users to confirm or authorize with their fingerprint and smartphone to perform tasks such as online banking login, money transfers, payments, purchases, permits, electronic signatures, authentication at an ATM and so on. Through a push message, the person can answer "I am/ I do" while placing their finger on the sensor of the... more Read more »

Cuscal Limited Selects Fiserv's Solutions

Fiserv unveiled that Cuscal Limited, a leading provider of end-to-end payments solutions in Australia, has chosen Integrated Currency Manager, Device Manager and Terminal Connect from Fiserv. The new solutions will enable Cuscal to extend its range of services to include more automated, integrated cash and ATM network management capabilities. Read more »

Saxo Payments Discusses B2B Payments in New White Paper

Saxo Payments, the global transactions services provider has today launched a white paper revealing the results of exclusive research into the cross border payments industry. Those surveyed included issuers, acquirers and PSPs as well as merchants, for a rounded view of the market, covering issues such as speed of money transfer, fees for international payments, and FX rates. Read more »

Quatrro to drive DCB Bank’s Multi-Currency Forex Prepaid Card

Full-service payment processing specialist, Quatrro Processing Services (Quatrro) has sealed a five-year business alliance to manage Forex Prepaid Card Processing with DCB Bank, a new generation private sector bank. Under the aegis of this alliance, Quatrro will drive DCB TravelSmart, the bank's Multi-Currency Forex Prepaid Card, by providing end-to-end technology and operations support. Read more »

iSignthis and Coinify Partner to Deliver Instant Bitcoin Purchase Service

The strategic partnership between fintech industry’s innovative KYC compliance service provider, iSignthis and the leading blockchain payments provider, Coinify ApS, delivers service commencement of a new global product connecting blockchain payments, KYC identity & credit cards. Read more »

Niu Solutions Gets PCI DSS Certified

Niu Solutions, the leading provider of IT consultancy and infrastructure services, today announced that it has been certified to the Payment Card Industry Data Security Standard (PCI DSS). Niu Solutions was certified after the company completed and passed a rigorous process, which affirms Niu Solutions’ dedication to customer security and compliance. Read more »

Auka Launches Mobile Payments in the UK and across Europe

Auka to launch mobile payments in the UK and accross Europe. The first fully licensed and regulated financial company to be run 100 per cent on the Google Cloud Platform, Auka builds and operates fully regulated and licensed end-to-end payments infrastructure that connect financial institutions, merchants and consumers. Banks can then license the infrastructure and applications and launch mobile payments products under its own brand, all within... more Read more »

MasterCard shows positive stats of EMV chip adoption

Americans are quickly embracing EMV chip cards, just six months after the latest milestone in the migration timeline. While consumers increasingly dip their cards to pay in-store, progress has been made by both card issuers and merchants. MasterCard provided an update on how its cardholders, partners and customers are adopting the safer, more secure EMV chip technology: More than two-thirds – 67 percent – of U.S.-issued MasterCard-branded... more Read more »

Uphold and IDFC Bank team up on cross border payments

Uphold, the cloud-based financial platform, is launching its services into India. Now, Uphold members - in any market - can instantly send money or make payments to anyone in India, redeemable directly through any Indian bank. Read more »

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