Payments

TrustPay signs ClearBank for real-time payments

ClearBank has today announced that it has been appointed by TrustPay, the Slovak-based e-commerce payments business, to provide real-time payments services to its European customer base. David Rintel, CEO of TrustPay commented: “As a likeminded, innovative business, ClearBank was the obvious choice. Their real-time Faster Payments infrastructure is best-in-class and we look forward to a long-term partnership in the years to come.” Read more »

Citi Treasury and Trade Solutions partners with Vietnam's Payoo

Citi Treasury and Trade Solutions has forged a partnership with Vietnam-based intermediary payment service provider Payoo to facilitate last-mile consumer-to-business collections for corporate clients in the country. Under the partnership, Citi’s corporate clients in Vietnam will be able to receive real-time payments from their customers for services including utilities, telecommunications and credit card bills through Payoo’s extensive digital... more Read more »

FIME Supports Brazilian Acquirers with Elo Terminal Integration

FIME Savvi and FIME Savvi Test Host tools have been qualified by Brazilian payment network Elo to perform terminal validation testing to meet growing demand for card payments. Brazilian acquirers can now benefit from FIME’s test tools and local support. Read more »

Payments Pay off for Klarna as Merchant Adoption and Consumer Use Deliver a Top-performing Year

Klarna Bank AB (publ) has released its annual financial report for 2018 (link), revealing that Klarna’s alternative payment methods and checkout services continue to resonate strongly with consumers, merchants and partners across all 14 core markets. With an average of 1 million transactions a day on the platform, Klarna’s total global sales volumes rose by 36% YOY in 2018 to 29bn USD. Read more »

Shopify Launches New Retail Hardware to Transform in-store Shopping

To revolutionize in-person shopping for the world’s fastest-growing brands and their customers, today we’re launching a new retail hardware collection, including three devices: The Shopify Tap & Chip Reader, Dock, and Retail Stand. Our new retail hardware is designed from the ground up with merchants and customers in mind, to deliver an unmatched shopping experience. With years of experience building point-of-sale (POS) tools for brands that... more Read more »

Ixaris and Banking Circle Partner to Revolutionise Cross Border Travel Payments

Award-winning payments optimisation company Ixaris today announces a new partnership with financial service infrastructure experts Banking Circle, connecting the latter’s Virtual IBAN (International Bank Account Number) technology to Ixaris’ payment products. The resulting payments solution is the travel industry's most comprehensive, streamlining payments and tapping new revenue sources in ways previously thought impossible. Read more »

Wirex selects Stellar to release 26 fiat-backed stablecoins

Wirex, one of the first UK FCA regulated providers of digital money solutions, has embarked on a ground-breaking new collaboration with Stellar to release 26 fiat-backed stablecoins for its 2 million+ users and 5000+ business clients. Read more »

Mash sets partnership with Tink to become a fully data-driven payment solution provider

​Finnish fintech company Mash partners with Tink to take the next step in becoming a fully data-driven payment solution provider.   Tink’s account aggregation capabilities allow for the aggregation of any financial information  that is typically available in banks’ mobile apps. Mash will use Tink’s technology to deliver a  better experience to its 150,000 users by providing smoother onboarding process and much  deeper control, visibility and... more Read more »

Stripe Billing expands into Europe

Stripe launched Stripe Billing in Europe. As a product built on top of Stripe’s core payments infrastructure, Stripe Billing simplifies the recurring billing process for SaaS and subscription-based companies, such as Slack and Meetup in the US. Subscriptions are a driving force in the internet economy. The subscription e-commerce market has grown more than 100 percent a year over the past five years, and 32 percent of people would prefer to buy... more Read more »

Open Banking? Let’s talk about the power of Open Finance

Industry experts laid out their vision for the future of fintech partnerships and what this means for consumers at a breakfast event hosted by Yolt, the smart thinking money app. Read more »

Chainalysis Expands Cryptocurrency Support Ahead of New Regulatory Guidance

Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, today announced the availability of real-time transaction monitoring for ten cryptocurrencies. The launch of additional cryptocurrencies comes in anticipation of global regulatory guidance that will require automated transaction monitoring for the cryptocurrencies that exchanges and financial institutions support. Read more »

BMO Partners with Mastercard to Accelerate Global Payments

Mastercard and BMO Bank of Montreal today announced that BMO will implement Mastercard Send to deliver faster, more cost-effective and transparent international payment services to its Canadian-based business and commercial banking clients. Read more »

Marqeta Announces First Major European Customer Signings

Marqeta, the creator of an advanced payments infrastructure and open-API platform defining a new standard for modern card issuing, announced today it has signed its first four European customers: digital banks Morning and YAPEAL, as well as  point-of-sale lender Aplazame and mobile payments platform Auka -- following its launch in-market in October of last year.  Read more »

New Study Reveals European Consumer Confidence in Cryptocurrencies

A brand-new study into consumer confidence in cryptocurrencies has been released today, revealing two-thirds of Europeans have faith the digital assets will still exist in 10 years’ time, however the majority are still uncertain to how they will be used. Read more »

Is Cryptocurrency a Bubble?

According to economists, cryptocurrency is the mother of all bubbles. Though the skyrocketing prices in the bygone years and many experts pinpointing cryptocurrency as a bubble, it doesn't necessarily mean that it is. In economics, a bubble is when the cost of an asset is more than its intrinsic worth. Usually, prices are gone up in a bubble when people show an extremely positive attitude towards an asset. When the bubbles burst eventually,... more Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel