Payments

MoneyNetint Reaches Enters Asia and Africa with TerraPay Hook Up

MoneyNetint, a leading global payment solution provider, announced a strategic partnership agreement with TerraPay, a mobile-first international payment network, which will expand and enhance MoneyNetint’s reach into Asia and Africa. The expanded services will allow peer-to-peer transactions to transfer funds to a number of key countries, including India, Philippines, Ghana, Nigeria, and Sri Lanka, at competitive rates. Read more »

Boerse Stuttgart Crypto Trading App Attracts 81,000 Active Users In First Year

Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app. Read more »

Pleo Upgrades From Prepaid Cards To Credit Cards

Pleo is evolving – and perhaps the most important change is our new cards. We’ve always offered a tool that made it easy for people to buy what they need to do their jobs better. But in order to offer a market-leading product, we pushed ourselves to go beyond that and to reimagine our card. So we made a couple of changes - some big, some small, all good for our users. The benefits of a new Pleo credit card The first thing to know is that we’re... more Read more »

Banca Comerciala Romana launched the instant payment service with support from Allevo

Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo support. The service ensures the transfer of money between banks in less than 10 seconds, the maximum accepted value of a payment being 50,000 romanian lei. Such payment can be made at any time (24/7/365) between the clients of the banks participating in the Instant Payments service. Read more »

Klarna launches in Australia - Smoooth shopping available at any online retailer

Klarna, the global payments and shopping provider, officially launches in Australia by introducing the Klarna Shopping app. The app which, starting today, will be available to download on iOS and Android, enables consumers to shop and pay with Klarna at any online retailer, bringing a unique consumer centric shopping experience to the Australian market. Read more »

Subway® Restaurants Partners with Adyen to Advance its Payment Experience in North America Locations

Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Subway® as its payments partner for North America. Adyen will support Subway, the world’s largest quick service restaurant by restaurant count, and its Franchise Owners in creating a simpler and more customer-centric payments experience in-restaurant, online and through the Subway App. Read more »

World Economic Forum Publishes CBDC Framework

The World Economic Forum (WEF) has put together a policy-maker toolkit designed to help central banks investigating the creation of digital currencies. Last week, a Bank for International Settlements survey found that 80% of central banks are engaged in some form of CBDC work, with 10% expecting to issue their own within three years. To help central banks navigating the complexities of the issue, the WEF's toolkit aims to act as a decision guide... more Read more »

SoFi Is Partnering With Mastercard to Bolster Its Banking Offering With a Credit Card

The US-based fintech has teamed up with Mastercard for its new card network. Currently, SoFi offers a debit card product to users as part of its SoFi Money product via a partnership with Visa, but under the new deal, the cards will now run on Mastercard's network. In addition to issuing new cards to existing cardholders, SoFi is adding new benefits to its offering, including cash-back rewards, free cell phone insurance, and discounted airport... more Read more »

Uphold Introduces Commission-Free Cryptocurrency Trading, And The World’s Easiest User Interface

Leading digital money platform Uphold today introduces zero-commission trading on cryptocurrencies in a milestone for the industry designed to open up affordable access to one of the world’s most important new asset classes for millions of retail investors.   Read more »

Virus Spreads Risk Aversion, Buoying Haven Dollar, Yen & Swissie

Growing concern over the deadly coronavirus and its potential to squeeze global growth drove traders into safer bets like the U.S., Japanese and Swiss currencies. The yen climbed to three-week highs against the greenback, while the U.S. unit notched new multiweek peaks against the euro, Canadian dollar and Mexican peso. The Aussie and kiwi dollars, currencies with close ties to all things China, were among the worst performers with losses of... more Read more »

Over 60% of Millennials Are Using ‘Buy Now, Pay Later’ Services When Shopping, Kearney Research Shows

  Analysis from global consulting partnership Kearney has found a growing appetite for point of sale (PoS) credit finance – otherwise known as ‘buy now, pay later’ –  among younger UK consumers, with over 60% (67%) of Millennials now using this service.   While 42% of Millennials have used a ‘buy now, pay later’ service more than once in recent years, they’re not the only shoppers using these services. A majority of consumers in Generation X (57... more Read more »

Apple Pay Coming to Curve Customers Across Europe

Curve, the Over-The-Top banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, today brings its customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites. Read more »

PrePay Solutions becomes PPS

PrePay Solutions subsidiary of Edenred, the everyday companion for people at work, today announces its rebrand as PPS. PPS, founder and innovator in prepaid cards, has in the last 5 years grown the market in the fintech services including banking, virtual cards, debit, credit and prepaid processing. As a result of this expansion the company will now be formally known as PPS, a moniker already well known in the industry. Read more »

Form3 opens up direct access to SEPA Instant payment scheme to nonbank financial institutions with Ebury as the first customer

Form3, the leading cloud-native, payment technology provider have announced that they will provide direct access to the SEPA Instant payment scheme for Ebury. This will be the first solution in Europe that allows direct scheme access for non-banks like FinTech’s and regulated financial institutions, while using Barclays as their liquidity provider. Read more »

Nets Teams Up with Bankify in Open Banking Partnership

Bankify, a Finnish fintech company, and Nets, a leader in the payments industry, have entered into a strategic partnership that enables Bankify’s customers to consume Bankify’s services through Nets’ Open Banking platform. Under the terms of the partnership, Nets customers will also have easy access to Bankify’s portfolio of microservices via the platform.  Read more »

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