Western Union Joins Forces with Major Financial Institutions in Ukraine and CIS
- 4 years 6 days ago
- Transaction Banking, Payments
Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions across the Commonwealth of Independent States (CIS), to enable millions of their customers to send and receive cross-border payments through Western Union’s omni-channel network quickly, conveniently and reliably.
NatWest and SurePay Partner to Launch Confirmation of Payee for HMRC
- 4 years 6 days ago
- Personal Finance, Payments
NatWest Group and SurePay have partnered to introduce Confirmation of Payee (CoP) for HM Revenue and Customs (HMRC), using a direct access Application Programming Interface (API), to allow HMRC to dynamically check high volumes of outbound payee details to help prevent fraudulent and misdirected payments. This improves efficiency by ensuring the recipient payee’s details match those registered to the account outside of the payment process.
Funding Options Teams up with Wise to Offer SMEs Greater Choice on FX and International Payments
- 4 years 6 days ago
- Cryptocurrencies, Data
This partnership will enable independent businesses to access international payments via the marketplace, and pay invoices in over 50 different currencies
New Research Reveals the Banking and Payments Habits of UK Consumers
· Mobile banking tops the way most consumers bank today (71%), compared to just 15% in 2014
xpate Launches Links and Tops 100 Team Members Amid This Year’s Advent in Cross Border Ecommerce
- 4 years 6 days ago
- Payments
Fintech start-up spurned on by launch of next generation payment gateway and with acquirers on the quest to lower operational risk, cut costs and optimise payments flow xpate offers clients more than 70 payment methods in 17 currencies across the globe Company headcount tops 100 – a sevenfold increase in the space of two years
Tis the Season to Prevent Payments Fraud
- 4 years 6 days ago
- Payments, Fraud Detection
Colin Neil, UK Managing Director of Adyen With Christmas around the corner, most shops and businesses have dusted off their decorations and braced themselves for the busiest time of year. While many bemoan how Christmas seems to come earlier every year, for some businesses it couldn’t come soon enough.
JCB and Keychain Implement Offline Payments using NFC
- 4 years 6 days ago
- Blockchain, Payments, e-Payments
JCB Co., Ltd. Japan's only international payment brand, and Keychain GK implement offline payments using near-field communication (NFC), self-sovereign identity, and blockchain technology.
MODIFI Announces 145m USD to Power International SME Trade Among Supply Chain Turmoil
Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI's digital platform.
Study Shows Strong Super-app Demand in the US, Vindicating Providers’ Bundling Trend
- 4 years 6 days ago
- E-Commerce, Payments
A sizable majority of US consumers want to use a super app to house their digital activities in one place, per a new study from PYMNTS.
Cabital Integrates With Plaid to Simplify Deposits
- 4 years 6 days ago
- Cryptocurrencies
Cabital, a trusted digital financial institution, today announced that it has integrated with Plaid to make it easy for users to securely and seamlessly fund their Cabital accounts.
TrueLayer and NatWest Make the First Open Banking VRP Transaction
- 4 years 6 days ago
- Open Banking, Payments
Collaboration shows the potential of VRP as the next phase of Open Banking in the UK, accelerating the adoption of faster, more secure payments. TrueLayer, Europe’s leading open banking platform, has reinforced its reputation as an industry innovator by making the industry’s first Open Banking variable recurring payment (VRP) transactions with NatWest.
FSS and CSB Bank Launch Smart Cash to Boost Financial Inclusion
FSS (Financial Software and Systems)), a globally leading provider of integrated payment products and a payments processor, and CSB Bank, one of the oldest private sector banks in India, have joined forces to deliver hyperlocal banking services to financially underserved segments. Under the aegis of this partnership, CSB Bank and FSS plan to open 1,000 Smart Cash franchisees in semi-urban and rural areas across India to expand financial services... more
Malaysia’s KAF to Launch Digital Lending on the Temenos Banking Cloud
Temenos enables KAF to offer conventional and Islamic financing on a single platform and extend to full digital banking in the future Temenos (SIX: TEMN), the banking software company, today announced that KAF, a well-diversified financial services conglomerate in Malaysia, has selected the Temenos Banking Cloud to launch a digital lending business. KAF will use Temenos Banking Services for retail loans and Islamic financing delivered on the... more
PayNearby Strengthens its Leadership Team with the Appointment of Vikas Jalan as Chief Financial Officer
- 4 years 1 week ago
- Payments
PayNearby, India’s leading branchless banking and digital payments network, announced that Vikas Jalan has joined its leadership team as the Chief Financial Officer. Vikas brings to the team demonstrated excellence in formulating and implementing financial initiatives to achieve business goals. He comes with deep financial experience pertaining to private equity, M&A and corporate strategy to propel PayNearby into its next phase of growth... more
Openpay Announces Record Expansion into Healthcare Market with Dentistry and Veterinary Signings
- 4 years 1 week ago
- Payments
Partnerships mark Openpay UK’s drive into the healthcare sector, as the company expands offering to new key verticals outside of retail Responsible payment provider plans further diversification in 2022, including financing the transition to net zero
