The Way We Pay is Changing: Trustly Achieves 79% Growth in 2023, Fueled by Open Banking Demand
- 2 hours 25 min ago
- Payments
Trustly, the global leader in open banking payments, announces a year of exceptional growth and enhanced market influence across sectors. In 2023, Trustly saw a significant surge in its transaction value, achieving a 79% increase to reach £44 billion, up from £25 billion in the previous year. Trustly’s growth was significant both in the U.S. and Europe. Moreover, the UK stood out as one of the group's biggest growth markets during the past year.
UniCredit Expands Swift GPI to Retail Clients
- 3 hours 5 min ago
- Payments
UniCredit is now the first and only bank across its core markets to offer Swift GPI on international payments across each of its client segments - from retail clients up to SMEs and multinational corporates - following its recent roll-out of the free service in Austria, Italy and Germany. Swift GPI enables banks to offer a faster, transparent, and traceable cross-border payments service, with end-to-end visibility on transactions and accurate... more
Marqeta and Rain Announce Partnership to Deliver Robust Earned Wage Access Through Embedded Finance
- 3 hours 15 min ago
- Payments
Marqeta, the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card, a branded debit card that will enable employers to disburse earned wages onto the cards seamlessly.
Mastercard Launches Mobile Virtual Card App to Simplify Travel and Business Expenses
- 3 hours 25 min ago
- e-Payments
Mastercard announced a new mobile virtual card app that enables virtual commercial cards to be seamlessly added to digital wallets. The innovative app is designed to offer financial institutions more choice in how they deliver the secure and sustainable contactless payment solutions that companies increasingly expect.
BNP Paribas Brings Tap to Pay on iPhone to French Retailers With Payment Scheme CB
- 3 hours 45 min ago
- Payments
BNP Paribas introduces Tap to Pay on iPhone for its retail customers in France. Tap to Pay on iPhone enables businesses large and small to seamlessly and securely accept in-person contactless payments with Apple’s contactless payment acceptance technology.
Late Payments Causing a ‘Cashflow Crunch’ for SMBs
- 3 hours 45 min ago
- Payments
GoCardless, the bank payments company, has launched its new ‘Pursuing Payments’ report, revealing the impact the ongoing cost of l
Visa Reimagines Payment Acceptance for the ‘Click-and-Mortar’ Era
- 6 hours 20 min ago
- Payments
With a new fast-growing segment of ‘Click-and-Mortar™, shoppers who rely on digital features to shop both online and in-store1, merchants are managing complex technology as they work to provide consistent payment experiences. Visa , a global leader in digital payments, is offering sellers expansive, simplified services to keep pace with those demands.
New and Improved Klarna Card Announced in the US, Empowering Smarter Spending and Greater Financial Control
- 6 hours 35 min ago
- Payments
Klarna, the AI powered global payments network and shopping assistant, today announced it has opened its waitlist for the new Klarna Card to all US consumers. The Klarna Card, issued by WebBank, offers flexible payment options in both physical stores and online, empowering consumers to make purchases anywhere Visa is accepted; and with no foreign transaction fees while abroad.
Fime to Support Set Up of UAE’s Domestic Card Scheme (Jaywan)
- 6 hours 55 min ago
- Payments
Fime has been selected by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, to play a key role in the establishment of the UAE’s domestic card payment scheme, named Jaywan. To support the scheme’s goals of boosting financial inclusion, sovereignty and economic stability in the region, Fime will set up a framework to simplify certification for scheme participants.
Bluecode and Ant International Enter Partnership to Allow In-app Payments from Bluecode's Network of Apps in Europe to Alipay+ Global Merchants
- 7 hours 55 min ago
- Payments
Bluecode and Alipay+ announced today that they have forged a strategic partnership for Bluecode to become the latest Alipay+ mobile payment partner, allowing its users to make payments via Bluecode enabled apps at all Alipay+ supported stores in Europe, including tens of thousands in Germany alone ahead of UEFA EURO 2024. Following the launch, the solution will be extended to countries outside of Europe, creating a bridge for European travellers... more
Reltime Financial Services Strengthens African Business With a Joint Venture and Signs First Customer – C32PEX
- 1 day 3 hours ago
- Cryptocurrencies
C32pex is a leading Africa-based alternate banking platform serving customers across 19 countries and targeting the billion-plus unbanked and underbanked population in emerging markets. Reltime has built an award-winning white-label Web3 Financial Services platform with wide-ranging services, such as mobile wallet, payments, lending, loyalty and rewards, and more.
Trust Payments Becomes First Partner of Pioneering New Online Volunteering Portal from Rotary
- 1 day 4 hours ago
- Payments
Trust Payments, a leader in truly innovative commerce solutions across the UK, has agreed a strategic collaboration with Rotary, one of the world’s leading membership and humanitarian service organizations, to become the first partner organization to utilise a pioneering new online volunteering portal.
Mastercard and Leading Canadian Fintech VoPay Enter Strategic Partnership to Empower Canadians to Move Money Quickly and Securely with Mastercard Move
- 1 day 8 hours ago
- Money Transfers
Responding to the ever-growing need to move money seamlessly, Mastercard and VoPay today announced a strategic partnership that will offer choice, simplicity and efficiency for near-real-time money movement in Canada and internationally for businesses and consumers. Leveraging Mastercard Move, Mastercard’s newly combined portfolio of domestic and international money transfer solutions, the companies will offer a choice of payment rails and... more
StoneX Partners with NatWest to Enhance Global FX Payment Systems
- 1 day 8 hours ago
- Payments
The Payments division of StoneX (StoneX Payments) will supply NatWest with third-party delivery and international FX payment services, allowing the bank’s corporate clients to transfer money to more nations with ease. This partnership will support cross-border payments and expand local payment reach in an additional set of 10 currencies, providing access to customers in markets the bank had not previously serviced.
Cheddar Adds Three British Retail Powerhouses to Its Rewards App
- 1 day 9 hours ago
- Payments
The largest bank-powered rewards app in the UK, Cheddar, has expanded its category of partners across grocery and fashion - with Waitrose & John Lewis, Sainsbury’s, and ASOS now available to users. The three retailers join over 150+ brands in helping British consumers save when they spend.
