Payments

Klarna Launches Financial Management Content Hub to Support Consumers

Over half (52%) of 18-27 year olds feel they’re more financially savvy than their generation is perceived to be – with 65% planning their finances and making provisions to save for the future, according to new research from leading payments provider Klarna. Read more »

UK travellers set to soar over Easter weekend, with all-inclusive and DIY bargain breaks on the rise

Worldpay, Inc. (NYSE: WP; LSE: WPY), a global leader in payments, is predicting a rise in online bookings for airlines and travel agents in the UK in the build-up to this year’s Easter holiday period. Read more »

Canara Bank First to Market in India with EMV Acquiring & Aadhaar Authentication – Powered by ACI Worldwide

ACI Worldwide (NASDAQ:ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Canara Bank has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication, leveraging ACI’s UP Retail Payments solution to achieve market firsts. Read more »

Standard Chartered announces the expansion of Straight2Bank Pay into Asia

Standard Chartered announced the expansion of Straight2Bank Pay, its award-winning digital collections gateway for corporate clients, to additional markets in Asia to further support its clients’ growing e-Commerce and m-Commerce aspirations. Now available in China, Hong Kong, India, Malaysia, Singapore and Vietnam, with more to come including Bangladesh and Kenya, the innovative proposition simplifies collections from various payment methods... more Read more »

More than half of Brits use slang words for money, but less than a third know what the words actually mean

Money may be recognised as a universal language, but new research has found seven in 10 Brits (70 per cent) aren’t sure what the different slang terms for it actually mean. The research from money-sharing app Pingit revealed a further 59 per cent become confused over the denomination each slang term refers to, perhaps thanks to the more than 80 different words used to describe currency.   Read more »

Renovite appoints Rod Bungey as North America Sales Director

Global payments experts Renovite Technologies has appointed Rod Bungey as sales director for its cloud-native testing solution Reno-Test in North America, significantly strengthening the company’s position in the software testing market across the region. Read more »

Mobile application Exscudo Channels adds SEPA/SWIFT support to allow transactions from bank accounts to the app

We are excited to announce that SWIFT and SEPA withdrawals and deposits  have already been implemented and fully functional in the Exscudo  Channels App. The function is available worldwide with the exception of the US and select countries. Thanks to the SEPA and SWIFT support our customers are able to top up their Channels balance by making a bank transfer in Euro, USD or any other fiat currency. Read more »

Discover Extends Relationship with Global Payments to Increase Acceptance in Hong Kong and Taiwan

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Discover Financial Services, a leading direct bank and payments services company, announced today that Global Payments is now an acquirer for all cards on the Discover Global Network in Hong Kong and Taiwan. This includes Discover, Diners Club International and affiliate partner cards. Read more »

PayU acquires digital payments company Wibmo for $70 million

PayU, an online payment service provider and Naspers’ fintech arm, today announced the acquisition of Wibmo, a Cupertino, CA-based industry leader in digital payment security and mobile payment technologies. This strategic acquisition combines PayU’s strong merchant network and Wibmo’s leadership in digital transaction security solutions to offer industry-leading payments solutions to merchants and financial institutions in India and other high... more Read more »

A step ahead of the rest: Hand Dyed Shoe Company claims crown in Klarna’s ‘Smoooth Stores’ competition

With entries received from all over the UK, a visit from Hugo Taylor and a competitive voting period which saw over 5,000 votes cast by the public, The Hand Dyed Shoe Co. was crowned the winner of Klarna’s ‘Smoooth Stores’ initiative at last night’s star-studded awards. Read more »

TBC Bank buys a 51% equity stake in LLC Inspired, a leading payment platform in Uzbekistan

TBC Bank Group PLC of Georgia has entered into an agreement to acquire a 51% stake in LLC Inspired, a leading payment platform in Uzbekistan trading under the Payme brand. Payme is a leading payment service provider in Uzbekistan that supplies high-quality payment solutions to its 1.3 million customers. It facilitates utility payments, P2P transfers, loan repayments, mPOS for QR-based payments and ecommerce purchases. It also provides a... more Read more »

UTP Merchant Services expands Hastings branch creating 50 new jobs

UTP Merchant Services, a leading credit and debit card payment solutions specialist, has expanded its Hastings branch creating fifty new jobs in the area in order to support business growth. Supported by Locate East Sussex and backed by a 'Growth Capital Funding’ grant from East Sussex Council, the expansion will see UTP Merchant Services recruit 50 new telesales staff, to be based on another floor of their current Ocean House branch in St.... more Read more »

SWIFT Admitted to Next Phase of Tender for Connectivity to TARGET Services

SWIFT announces today that it has been admitted to the next phase of the tender process to provide connectivity services to all Eurosystem market infrastructures (also known as TARGET services). Read more »

FSS launches ‘FSS Voice Commerce’ at Seamless Middle East

FSS (Financial Software and Systems), a global payments technology company, has launched FSS Voice Commerce, a real-time voice banking platform that offers customers, meaningful, contextual and personalized banking interactions. Enabling banks to deepen customer engagement via conversation-led banking and deliver interactive service experiences to its customers, FSS Voice Commerce is set to take frictionless banking to the next level. The launch... more Read more »

Worldline announces a dedicated payment solution for online marketplaces

Worldline, the European market leader for payment and transaction services, announces the introduction of a dedicated payment solution for online marketplaces that ensures smooth payment processes between all parties in the ecosystem and supports marketplaces in attracting and retaining consumers and merchants alike. Read more »

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