NCR Announces Second Quarter 2023 Results
- 3 years 1 month ago
- Payments
NCR Corporation reported financial results today for the three months ended June 30, 2023. Second quarter results and other recent highlights include:
The Future of Payments In The Travel Industry
- 3 years 1 month ago
- Payments
Every year there are nearly 3 billion airline payment transactions take place around the globe with a total value of $1 trillion. According to a recent report from McKinsey, although these payments represent huge value to the travel industry, they cost the airline industry over $20 billion a year. This amounts to about 3% of airlines total revenue but more importantly 78% of the industry’s net profit.
Flutterwave Expands Remittance Capabilities in the US, Canada, Egypt and Rebrands $end to Send App by Flutterwave
- 3 years 1 month ago
- Payments
Flutterwave, Africa’s leading payments technology company, today announced the enhancement of its $end Mobile product, now Send App by Flutterwave, to facilitate faster, easier, and more affordable money transfers from people in the diaspora to their families, friends, and loved ones in Africa. Send App now supports transfers from US and Canada and has added new recipient countries namely Egypt and Sénégal in its network. Launche
Convera and GTreasury Partner on Integrated Payments Service for Treasurers
- 3 years 1 month ago
- Payments
GTreasury, a treasury, payments, and risk management software provider, and Convera, the largest non-bank global B2B payments provider, today announced a partnership to offer an integrated payments service on GTreasury’s treasury management system (TMS) software.
Online Trading Platform CMC Markets Rolls Out TrueLayer Payments in the UK and Europe
- 3 years 1 month ago
- Payments
TrueLayer, Europe’s leading open banking platform, today announces that global trading platform CMC Markets is live using its closed-loop payments product. CMC Markets users in the UK and Europe can now benefit from smooth, secure and fast payments using TrueLayer’s open banking technology compared to traditional methods such as debit, credit cards or manual bank transfer.
PayPoint Launches Payer Name Verification or Confirmation of Payer
- 3 years 1 month ago
- Payments
Digital payments expert, PayPoint, has launched Confirmation of Payer or Payer Name Verification service to its suite of open banking solutions.
Accept Payments - a New Feature at Conotoxia that Makes Everyday Settlements Much Easier
- 3 years 1 month ago
- Payments
Conotoxia fintech’s individual and corporate users can send other people links to pay for a joint restaurant meal, collect funds for a gift, and also, for example, tutoring or goods purchased at a market. The new service is called "Accept payments". Links can be paid for in any of 27 currencies using a wide range of payment methods.
Computop Takes on Nexi as New Shareholder
- 3 years 1 month ago
- Payments
With retroactive effect from 1 January 2023, the shareholders of the international payment service provider (PSP), Computop, are selling 30% of the company shares to the Nexi Group, Milan. Up to now, the company was held by the founders, Frank Arnoldt and Ralf Gladis, with 50% each. The parties have agreed not to disclose the purchase price. The office locations, management team and management responsibilities of Computop remain unchanged.
Top Retailers Join Alipay+ Premier Partner Program to Enhance Marketing Effectiveness with Cross-border Digital Toolkit
- 3 years 1 month ago
- Payments
Alipay+, which provides a suite of global cross-border digital payments and marketing solutions, today announced the launch of Premier Partner Program across the world as a major innovation on destination-focused and mobile-native marketing operations. During the launch phase, the program has attracted some 30 top Asian retailers including Daimaru Matsuzakaya Department Store and Shilla Duty Free to become the first Alipay+’s premier partners.
3 Good Reasons to Set up Payment in Installments on Your E-Commerce Site
- 3 years 1 month ago
- Payments
Do you own an e-commerce site and wonder how to enhance the client experience while making massive sales? Well, look no further than introducing payment in instalments. By allowing your clients to pay in instalments, you not only win their hearts but also get to make sales. This is because the terms of engagement are much more manageable, and they can buy more items. But is it a great idea to set up instalment payments for your e-commerce site?... more
Vitesse Now Facilitates 100% of ManyPets' Online Claims Payouts
- 3 years 1 month ago
- Payments
ManyPets, the award-winning pet insurance provider, has partnered with Vitesse to facilitate 100% of claims payouts processed through their automated claims system, “Millie”.
Aevi and Bleu Partner to Deliver Touchless Payments on iOS and Android in North America and Europe
- 3 years 1 month ago
- Payments
Aevi, a leading provider of innovative payment solutions, is pleased to announce its strategic partnership with technology provider Bleu, bringing the convenience of tap-to-pay functionality to merchants across North America and Europe. This collaboration aims to revolutionize the way customers make payments on both iPhone and Android devices.
Turning the Tables on Fraud: Gala Technology's SOTpay Empowers Businesses with Billions in Protected Revenue
- 3 years 1 month ago
- Payments
In the dynamic world of financial technology, tales of unwavering determination, resilience, and groundbreaking innovation often captivate us, and Gala Technology's journey embodies just that. Over seven years of persistent perseverance, this visionary company, led by tenacious entrepreneur Jason Mace, has achieved remarkable success after enduring three years of intense investment, research, and development, and four years of trading.
Tuum and Numeral Empower Financial Institutions to Rapidly Expand Across Europe with a Streamlined Payment Infrastructure
- 3 years 1 month ago
- Payments
Tuum, a leading next-generation core banking provider, and Numeral, a leading bank orchestration platform, today announce a strategic partnership to empower financial institutions and fintechs to efficiently launch and expand across Europe and the UK, leveraging a robust and resilient pan-European payment infrastructure and the rapid speed to market of new offerings and services enabled by both solutions.
New Report Finds that SMEs are Struggling with Unfair Pricing and Slow Cross-border Payments
- 3 years 1 month ago
- Payments
A new report from FX and payments provider, Neo, has found that SMEs still rely heavily on traditional banks and struggle with the cost and speed of cross-border payments as a result. The report entitled ‘Growing pains: the escalating cross-border payment challenges for SMEs’, highlights that traditional banking partners are failing to meet SMEs’ cross-border payments needs.
