Alpha Bank Unveils Mobile Tap and Pay
Alpha Bank’s digital wallet for everyday purchases, my Alpha wallet, is now enhanced with Tap ‘n Pay, the new and innovative service for contactless payments through mobile phone.
Cryptospace Moscow 2017: “This is not just a party, this is a historic talent grab…” "We're bigger than US Steel”
- 7 years 6 months ago
- Blockchain, Cryptocurrencies
More than 55 speakers from 30 countries, more than 3000 participants, 6 sections, 12 hours of speeches and continuous networking. At Cryptospace, the largest blockchain and crypto event of the year, the world’s blockchain celebrities discussed crypto trading instruments, blockchain implementation into business, predicted the price of the bitcoin and chose the best ICO project. Ted Lin comments: “A dynamic crowd, a spectacular venue, and a... more
The ai Corporation Moves to Microsoft Azure to Tackle Global Fraud
- 7 years 6 months ago
- Payments, Risk Management
The ai Corporation (ai), an FCA approved expert in payments and risk management, today announced that it will be launching a public cloud-based service to meet global demand for its unique fraud and risk management solutions, following its successful global expansion.
GAMIVO Powers Up Online Payments with Ingenico
- 7 years 6 months ago
- Payments
Ingenico Group, the global leader in seamless payment, today announced that GAMIVO, an online marketplace for video games, will consolidate online payments with Ingenico as it accelerates its growth and expands into new markets.
2Checkout’s 2017 Winter Release Provides Enhanced Acquisition, Retention and Global Expansion Tools
- 7 years 6 months ago
- Payments
2Checkout (formerly Avangate), a leader in eCommerce, payments and subscription billing solutions, today announced its 2017 Avangate Digital Commerce Platform Winter Release, featuring improved acquisition, conversion and retention tools, part of over 750 platform updates. Highlights of the release include:
Global Card Payments Set to Rise by More than Half to 500bn by 2022
- 7 years 6 months ago
- Payments
Growth in card usage outpaces growth in card numbers as a result of contactless technology and wider acceptance Increasing contactless usage and rising card acceptance fuel cards boom The total number of card payments worldwide increased by 14% to 310 billion in 2016, notably higher than the 8% increase in card numbers, according to RBR’s Global Payment Cards Data and Forecasts to 2022. In all regions, consumers are increasingly choosing cards... more
SpherePay, a Mobile Payment App Launched in November This Year, Now Have over 60,000 Users in Singapore and Aims to Be the Leading Player in the Region
- 7 years 6 months ago
- Payments
Launched early last month, mobile payment app company SpherePay, has acquired over 60,000 users in Singapore and has actively engaged users by running campaigns and strategic partnerships with reputable brands and organizations. With its mission to be South East Asia leading localized mobile payment app, SpherePay is on track of acquiring over 1 million users by end of 2018.
Credit Agricole and Wirecard Forge e-payment and Acquiring Partnership
- 7 years 6 months ago
- Payments
Crédit Agricole Payment Services and Wirecard announced today that they have signed a letter of intent to enter into exclusive negotiations to conclude a partnership to offer an innovative and differentiated service offering based on a high-performance technology in the field of electronic payment acceptance and acquiring.
Nanopay Reveals B2B Payments Platform
- 7 years 6 months ago
- Payments
Nanopay Corporation, a real-time payment platform that provides instant settlement across a variety of currencies, is announcing a new solution to enable international trading partners to easily and securely process B2B payments between bank accounts. In addition to domestic payment opportunities in Canada, users can begin using the platform in February for business cross-border payments between the United States and Canada, with India and... more
China's UnionPay Supports the Upgrading of the Payments Industry Abroad
- 7 years 6 months ago
- Payments
Nowadays, China's financial technical standards have become an important impetus for the upgrading of the payments industry abroad. The payment switch networks in Serbia, Belarus and Tajikistan are being built or upgraded as per the UnionPay standards. More than ten countries including Albania, Bulgaria and Tanzania have expressed their wish to have UnionPay help them build up payment switch network.
Mastercard Launches Kionect for Nairobi’s Smallest Shopkeepers
- 7 years 6 months ago
- Payments
Mastercard today unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS. Orders submitted via a feature phone helps create a digital record for kiosk owners to get access to micro-loans to stock inventory and grow their business.
Alipay Launches “Double 12” Global Shopping Festival in Hong Kong
- 7 years 6 months ago
- Payments
Alipay, the world’s largest online, mobile payment and lifestyle platform operated by Ant Financial Services Group, today launched this year’s “Double 12” Global Shopping Festival in 15 countries spanning across four continents. In addition, Ant Financial’s strategic partners in Hong Kong, India, Thailand and the Philippines will introduce campaigns for their local e-wallet users for the first time. These partners include Paytm in India,... more
59% of Card-Present Transactions Globally Use EMV Chip Technology
- 7 years 6 months ago
- Credit Cards, Data
Technical body EMVCo has published transaction data showing that 58.9% of card-present contact and contactless transactions globally were EMV®-enabled between July 2016 and June 2017. This represents an increase over the prior year, when 42.4% of transactions were EMV-enabled. The data reflects average transaction volumes over a 12-month period to account for seasonal variations. Given the ongoing rate of EMV chip technology adoption, EMVCo... more
AFEX Partners with Ascent Software to Simplify Payments for Financial Services Firms AFEX’s API adds FX layer to Trident Connect straight-through payment processing software
- 7 years 6 months ago
- Payments, Risk Management
AFEX, one of the world's largest non-bank providers of global payment and risk management solutions, has partnered with Ascent Software, to enhance its award-winning straight-through processing pre-payment and post-payment software, Trident Connect.
42% of Retailers Say Payment-over-time Solutions are ‘Very Important’ to ensuring future digital innovation
- 7 years 6 months ago
- Payments
An overwhelming 95% of retailers believe that payment-over-time solutions are either important or very important to delivering future digital innovation in the retail industry, with 42% saying the latter, according to the latest research from Econocom UK, a leading provider of digital transformation solutions. Furthermore, 99% of all retailers said that a payment-over-time model would make it easier for them to achieve their digital... more
