Geoswift now fully authorised by FCA
- 8 years 5 months ago
- Payments
Geoswift, a leading provider of cross-border payment solutions between China and the rest of the world, announced today that its UK entity, Geoswift UK, has received authorisation as a Payment Institution from the Financial Conduct Authority (FCA) to conduct a more efficient end to end cross-border collection and settlement services to and from China.
Timely testing phase kick-off for EBA CLEARING’s pan-European instant payment system
- 8 years 5 months ago
- Payments, Infrastructure
EBA CLEARING today announced the timely kick-off of the testing phase for its pan-European instant payment infrastructure platform scheduled to go live in November 2017. Twenty-eight of the funding institutions from all over Europe were represented at a meeting in Milan, which marked the start of the testing phase and included a demonstration of the functioning of the new system in the test environment run by EBA CEARING’s technical solution... more
ACI unveils latest version of UP Immediate Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the latest version of its UP Immediate Payments solution. Available via a SaaS delivery model or on-premise, UP Immediate Payments is highly flexible and adaptable, providing access to all Immediate Payments (IP) schemes globally.
RBR Study Shows That Cashless Payments Become More Sophisticated
- 8 years 5 months ago
- e-Payments, ATMs
RBR study shows that cards account for the majority of cashless payments because of their frequent use for retail purchases, and their share continues to increase Rise in cashless payments outpaces cash withdrawals According to RBR’s Global Payment Cards Data and Forecasts to 2021, 471 billion cashless payments were made worldwide in 2015, up 52% since 2011. At the same time, ATM cash withdrawals increased at a slower rate of 33% as consumers... more
Mahindra Comviva Positioned in Gartner Market Guide for Digital Wallet Solutions
- 8 years 5 months ago
- Payments, IT Innovations
Mahindra Comviva, the global leader in providing mobility solutions, announced that it has been positioned in the prestigious Gartner Market Guide for Digital Wallet Solutions for its mobiquity® platform. The company has been recognised as a key Digital Wallet Solutions provider in the Gartner Market Guide and featured amongst the top 30 wallet service providers in the world.
Ingenico ePayments Launches eCommerce Merchants With Payment-enabled Messaging Bots
- 8 years 5 months ago
- e-Payments
Ingenico ePayments, the online and mobile commerce division of Ingenico Group, and Ingenico Labs, its innovation department, today announced a solution to provide eCommerce merchants with payment-enabled messaging bots. The initiative will allow consumers and online businesses to engage in social or ‘conversational’ commerce through popular messaging apps such as Facebook Messenger, Skype, Line, Kik, Telegram, WeChat and Slack.
KIOSK Information Systems Launches Licensed Bill Pay Software Platform
KIOSK Information Systems (KIOSK) is announcing a new bill payment software platform at the NRF Big Show, 2017, Booth #3805. The modular application provides a complete user flow for payment of multiple bills (via cash, card, and check) and common account inquiries. While unique customer features or additional flow paths can be readily integrated by KIOSK’s Application Development team, the base product license accomplishes the most common... more
Curve Presents Cashback Rewards Programme
- 8 years 5 months ago
- Payments, Credit Cards, IT Innovations
Curve have teamed with over 50 leading UK retailers, including Marks and Spencer, House of Fraser, Boots, Waterstones and more with the launch of Curve Rewards, rewarding Curve users with up to 5% back on their spending at participating retailers.
Over Half of all ATMs Installed Away from Bank Branches
- 8 years 5 months ago
- ATMs
Growth in the off-site ATM sector is being driven by banks’ efforts to serve existing clients more cost-effectively, attract new customers and by the expansion of independent ATM deployers Cost savings drive off-site ATM expansion Globally, the share of ATMs located away from bank branches rose to 51% in 2015, according to RBR’s study Global ATM Market and Forecasts to 2021.
Discover and PayPal Team Up to Deliver New Digital Payment Experiences
- 8 years 5 months ago
- Payments
Discover Financial Services (DFS) and PayPal have signed an agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with access to Discover’s tokenization services, expanding PayPal’s reach at the point of sale, which will enable U.S. PayPal customers to pay with their Discover cards at all of the contactless-enabled merchants that accept Discover.
Verifone ReleasesThe Sleekest, Most Advanced Multilane Payment Device Ever
- 8 years 5 months ago
- Payments
Offline and online commerce are rapidly converging. Brick & mortar retail models are rapidly changing. And consumers are increasingly demanding simple, fun and secure experiences no matter where or when they shop.
SWIFT Explores Blockchain as Part of its Global Payments Innovation Initiative
- 8 years 5 months ago
- Blockchain, Payments
SWIFT announces the launch of a Proof of Concept (PoC) to explore whether distributed ledger technology (DLT) can be used by banks to improve the reconciliation of their nostro databases in real time, optimising their global liquidity.
Verifone and FIS enable consumers to pay with loyalty points at the retail POS
- 8 years 5 months ago
- Payments
With the goal to increase the value and usability of loyalty points, Verifone (NYSE: PAY), a global leader in payments and commerce solutions, and FIS(NYSE: FIS), a global leader in financial services and payments technology, announced a collaboration to enable consumers to pay with loyalty points linked to their credit or debit cards at the point-of-sale (POS).
WEX Inc. Announces New Partnership with Enterprise Fleet Management in Canada
- 8 years 5 months ago
- Payments
WEX Inc., a leading global provider of corporate payment solutions, today announced that it has signed a new agreement with Enterprise Fleet Management in Canada. The partnership supports Enterprise's growth in the Canadian market through WEX's Canadian fleet capabilities.
Wa! mobile wallet is now secured by Gemalto
- 8 years 5 months ago
- e-Payments, E-Wallets, Banking
Gemalto, the world leader in digital security, is supplying BNP Paribas, a leading European bank, with Mobile Protector, a highly secure solution to protect Wa!, an innovative multi-brand, omni-channel mobile wallet that combines payments, shopping coupons and loyalty programs.