Payments

CEX.IO Receives DLT Provider Licence from Gibraltar Financial Services Commission

CEX.IO has officially received a Distributed Ledger Technology (DLT) licence issued by the Gibraltar Financial Services Commission (GFSC).  Gibraltar is proactively supporting innovation and ensuring that business complies with regulatory requirements at the same time. In 2018 they have created a special DLT framework for businesses that transmit and store virtual assets on behalf of their customers. Read more »

OpenWay Wins ‘Best Solution Provider for Payment Systems in the Cloud’ Award

OpenWay has been recognized as ‘Best Solution Provider for Payment Systems in the Cloud’ at the PayTech Awards ceremony in London. The company received acclaim for the success of its project with Enfuce, the Nordic cloud-based issuing processor, and for the overall excellence of the WAY4 platform in processing cloud payments.  Read more »

MSTS and SCHERMER Partner to Provide B2C Companies a Path to B2B Buyers

MSTS, a global B2B payment and credit solutions provider, and SCHERMER, a global B2B marketing agency, today announced their 4Business partnership. Together, the B2B payment systems and marketing leaders created 4Business to enable B2C brands to expand into the B2B market through customized solutions that deliver a streamlined, omni-channel B2B brand and buying experience. Read more »

TransferGo becomes first to offer same day international money transfers on the weekend

TransferGo, one of the world’s fastest growing money transfer companies, today announced that it has launched an ‘extended hours’ service, enabling customers to make same-day international payments on weekends, with transactions taking as little as 30 minutes. Both its Today and Now services will become available during the weekend, between 10:00 and 18:00. An industry first, the extended hours service will enable people to send money to Romania... more Read more »

Mastercard and Evolve Bank & Trust Help Hourly and Gig Workers Get Early Access to Wages

People who support themselves and their families with incomes from gig and hourly work often have to stitch together earnings from various sources to pay bills, budget for savings and manage financial emergencies. Mastercard today announced that it is using Mastercard Send, the company’s push payment solution to enable pay advances and blend stability with flexibility for those working without traditional paychecks. Read more »

SIA Partners with HPS to Strengthen its Payment Cards Activities in Greece

SIA, the leading European hi-tech company in the payment services and infrastructures sector, has signed a strategic partnership with HPS, a leading payment software company, to increase its card payments processing in Greece and other European countries through an innovative digital platform. Read more »

Concardis and Telecommunications Provider aetka Cooperate to Enabling Cashless Payment

Telecommunications provider aetka has entered into a cooperation agreement with Concardis, the provider of comprehensive digital payment services. Through Concardis, aetka partners now have the option of renting a range of fixed or mobile payment terminals on attractive terms, making it possible for them to accept all standard cashless payment methods. Read more »

Rise in Cybercrime Tops the Agenda at ATM & Cyber Security 2019

Recent high profile cyber attacks and increasingly sophisticated threats to ATMs are creating a challenging security environment for the banking industry. At RBR’s ATM & Cyber Security 2019 banks will come together to learn from experts representing organisations such as Google, Barclays Bank, CaixaBank, Nationwide, SEB and the UK Police Understanding the scale of risk is essential Read more »

nexo standards to Launch First Accredited Test Tool

Global industry association, nexo standards, today announces the launch of its first accredited test tool, delivering services in line with its latest nexo Implementation Specification NIS version 4.0 allowing the validation of an Acquirer Host supporting the nexo Acquirer protocol, version 6.0. Payment acceptance stakeholders can now feel confident solutions will interoperate seamlessly with other nexo-compliant players in the field, fast-... more Read more »

Brits care more about online payment security than convenience

British consumers care far more about online payment security than speed, simplicity and convenience, according to research from Equifax, the consumer and business insights expert. Two thirds (66%) of people rate safe and secure payments as most important in the online checkout process, with only one in ten being most concerned about speed or simplicity. Security ranked highest across all age groups, and was a particular concern for over 55s (75... more Read more »

iSignthis Ltd - Australian Licensing Update

iSignthis Ltd (ASX: ISX|FRA: TA8) (“The Company”) is pleased to announce that it has recently met with representatives from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA), and advises that its applications are progressing well, and likely issued this quarter. Engagement with the Australian Securities and Investment Commission (ASIC) also continues on our Australian Financial Services License (AFSL). Read more »

PayU Expands Operations to Southeast Asia

PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over the last three years. The move demonstrates PayU’s commitment to becoming the leading payments... more Read more »

Point of Sale (POS) Terminal Markets to 2024: Fixed & Hardware POS Systems have been Witnessing Growth at a Noteworthy Rate

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global POS Terminal Market. The report analyzes the Global POS Terminal Market By Product Type (Fixed and Wireless/Mobile), By Component Type (Hardware and Software) and By Applications (Retail, Healthcare, Restaurant, Hospitality and Others). Read more »

Payments Technology Company BPC Expands Middle East Presence with Opening of Pakistan Office

Switzerland-based payments technology firm BPC has opened an office in Pakistan to serve the growing financial services market in the Middle East. The office location is Karachi, the country’s largest metropole and financial centre. The BPC team, with global and local staff, covers the need for innovative payments solutions while taking advantage of the rich and growing pool of finance and technology talent available in the country. Read more »

FCA Proposes Ban on Sale of Crypto-Derivatives to Retail Consumers

The FCA considers these products are ill-suited to retail consumers who cannot reliably assess the value and risks of derivatives or ETNs that reference certain cryptoassets (crypto-derivatives). This is due to: 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