Payments

NatWest's Asset Finance Division Lombard Launches Instant Agreement Tool

NatWest’s asset finance arm, Lombard, has today announced the launch of a new digital service that allows businesses to receive instant agreement to fund assets such as cars, vans, machinery and technology, up to a maximum of £250,000.   The new function, available through Lombard’s website, allows customers to create a personalised quote across any one of 40 asset classes, with an instant decision provided at the end of a quick and simple... more Read more »

Barclays Makes Post Office Cash Access U-Turn

Barclays says it will no longer stop customers withdrawing cash from the UK's network of post offices, reversing its earlier position after accusations of "penny-pinching" by politicians. Barclays Group CEO Jes Staley says: "We have listened very carefully to points that have been made to us by Ministers in the Government, by MPs, and by interested charities and consumer advocates. Read more »

InstaReM launches industry first global enterprise payments platform

Leading digital cross-border payments provider, InstaReM, is rebranding to become part of Nium. Nium is the first global payments platform to enable businesses to send, spend and receive money from around the world, in addition to empowering them to develop their own products. Nium’s ambition is to create a world of ‘Open Money’ where everyone’s money is free for them to use, whenever, wherever and however they want. Read more »

Berkeley Payment Solutions Expands Innovative Payment Technology with Pungle Acquisition

Berkeley Payment Solutions (Berkeley), a leading global payments solution provider, today announced the acquisition of FinTech start-up, Pungle, an innovative payments platform that enables frictionless, real-time transfers. “This acquisition positions Berkeley to be one of the most innovative, fastest-growing FinTech companies globally,” said Jonathon Hamburg, CEO and Founder of Berkeley. “We are thrilled to join forces and welcome the Pungle... more Read more »

Brex and Mastercard Partner on U.S. Expansion

Mastercard today announced that Brex, the financial technology company that helps ambitious companies scale, has partnered with Mastercard as its preferred network to bring cutting-edge technology and top-tier benefits to its corporate card portfolio in the United States. This is a further investment in a partnership that began earlier this year when Brex started issuing World Elite Mastercard for Business®. Read more »

World's first Entrepreneur Token (E3T) to list on DCoin.com

Global cryptocurrency platform DCoin.com has been selected by E3, a Malaysian entrepreneur development organisation to conduct an initial exchange offering of the world's first Entrepreneur Token E3T (E3 Token). E3 aims to build the world's largest digital ecosystem for global entrepreneurs powered by E3T. E3T is a utility token and acts as a medium exchange among E3 members within a closedloop entrepreneur ecosystem. Read more »

Western Union Launches WU.com In India

Western Union, a leader in cross-border, cross-currency money movement and payments, today launched its digital platform -  Read more »

Backbase and Payveris take digital payments to the next level

Digital banking leaders, Backbase and Payveris, have partnered to provide financial institutions with integrated digital payments and money movement solution. The combined offering will enable financial institutions of all sizes to deliver next generation payment and money movement services that businesses and consumers demand: a fast, low-friction user experience that makes it easy to take care of all of their bill payment and money movement... more Read more »

BC Vault joins forces with PARSIQ to offer the most complete, secure cryptocurrency vault system that leaves nothing to chance

Today, blockchain monitoring platform PARSIQ announced a new partnership with BC Vault, a state-of-the-art hardware wallet with industry-defining features for secure crypto storage. By commencing this partnership, and in using PARSIQ’s features, BC Vault will become first crypto hardware wallet with active blockchain monitoring abilities, providing additional security to users and ensuring transparency of transactions. Read more »

Western Union Expands Its Global Platform Now to New Partners in Asia

Western Union, a leader in cross-border, cross-currency money movement and payments, today further expanded its white label offerings* to Asia enabling customers of third-party money transfer companies to pay out through Western Union. Read more »

Wayfair and Klarna bring flexible payments home for UK shoppers

Klarna, the leading global disruptor of payments and banking and provider of smoooth retail experiences, announces the expansion of its partnership with Wayfair, one of the world’s largest online destinations for home. From today, Klarna’s range of flexible payments are available to shoppers online at Wayfair.co.uk, with additional new features on Wayfair.de.  Read more »

NatWest increases flexibility around Capital Repayment Holidays and Pay As You Go Overdrafts for Business Owners

According to a recent survey by NatWest, over half of female business owners (56%) with childcare or other family caring responsibilities saying it presents challenges to the smooth running of their business – compared with 36% of men.   Read more »

European Card-based Payments Industry Forms New Association: PAYMENTS EUROPE

European and global card-based payment solution providers are coming together to strengthen the voice of the industry and to form a new association: Payments Europe. The new body represents card issuers, card acquirers, card schemes and other stakeholders involved in card-based payment solutions. Read more »

Flywire Expands Availability of New Payment Solution for Adventure Travel

Flywire, a company that solves complex payment problems for leading businesses and institutions, today announced the general availability of a new offering for adventure travel. The solution targets the significant inefficiencies and points of friction that exist in the payment and disbursement process in the travel segment for offerings such as experiential activities and tours to exotic locales. Read more »

Revolut to launch first U.S. cards with Mastercard in new deal

Mastercard (MA) and Revolut, today announced a partnership to launch Revolut cards in the U.S. by the end of the year, as part of an expansion of their relationship enabling the issuance of cards in any market around the world where Mastercard is accepted. Mastercard has built a strong partnership with Revolut since its launch in 2015 and participation in the global payments company’s accelerator program, Start Path. Read more »

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