Payments

SWIFT launches enhanced gpi service for corporates

SWIFT today announces the further enhancement of its gpi service with the full go-live of SWIFT gpi for corporates, a capability designed and built in conjunction with banks and corporates which enables multi-banked corporates to initiate and track payments across multiple banks directly from their treasury and payment systems. More than 50 of the world’s largest companies – including LVMH, Microsoft and Petronas – have already signed up to the... more Read more »

SumUp raises €330m to accelerate growth

SumUp (sumup.co.uk), announces today that it has raised a €330m facility from Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners. Read more »

Facebook’s Congress Hearings Show U.S. Lawmakers Know Cryptocurrencies are the Future

The U.S. governmental hearings on Facebook’s new cryptocurrency will boost the crypto sector and underscores that digital currencies are now mainstream. This is the bullish assessment of the CEO and founder of one of the world’s largest independent financial advisory organizations, deVere Group. Nigel Green’s comments come as the social media giant prepares to defend its cryptocurrency project, Libra, on the Hill. The Senate hearing will take... more Read more »

Angels Den Funding Selects Lemon Way for UK Payments

Lemon Way, the pan European payment institution, has today been appointed as the UK partner for online investment platform Angels Den Funding. Lemon Way, who manage crowdfunding and crowdlending payments for nearly one thousand platforms across Europe, will handle all payment transactions in the UK for Angels Den Funding. Their focus will be on providing a better customer experience, while ensuring full compliance with market regulations,... more Read more »

Contactless Payments Launching on Manchester's Tram Network

With Transport for Greater Manchester (TfGM) today launching contactless payments on Manchester’s Metrolink tram network, new research commissioned by Visa looking into travellers experiences using public transport, reveals half (49%) of UK commuters view the introduction of contactless payments as the single most significant improvement to their overall public transport experience. Read more »

Trump is wrong on Bitcoin and is placing himself on the wrong side of history

U.S. President Trump is wrong and is placing himself on the wrong side of history on Bitcoin – but cryptocurrencies should be regulated, says the boss of one of the world’s largest independent financial advisory organizations. Nigel Green, the founder and CEO of deVere Group, is speaking out after Donald Trump took to Twitter to say: “I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile... more Read more »

Crypto.com Chain Token (CRO) Lists on Huobi Global

 Crypto.com, the pioneering payments and cryptocurrency platform, announced that its Crypto.com Chain Token (CRO) has listed on Huobi Global with deposits and trading now available.  The trading pairs are CRO/BTC, CRO/USDT, and CRO/HT.  Huobi Global (HBG) is an online digital asset trading platform that supports exchanges or investment services between various cryptocurrencies. It provides real time price quotation, charting, and trading... more Read more »

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 »

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