More than half of Brits use slang words for money, but less than a third know what the words actually mean
- 6 years 2 months ago
- Payments, Money Transfers
Money may be recognised as a universal language, but new research has found seven in 10 Brits (70 per cent) aren’t sure what the different slang terms for it actually mean. The research from money-sharing app Pingit revealed a further 59 per cent become confused over the denomination each slang term refers to, perhaps thanks to the more than 80 different words used to describe currency.
Renovite appoints Rod Bungey as North America Sales Director
- 6 years 2 months ago
- Payments, People Moves
Global payments experts Renovite Technologies has appointed Rod Bungey as sales director for its cloud-native testing solution Reno-Test in North America, significantly strengthening the company’s position in the software testing market across the region.
Mobile application Exscudo Channels adds SEPA/SWIFT support to allow transactions from bank accounts to the app
- 6 years 2 months ago
- Transaction Banking, Payments
We are excited to announce that SWIFT and SEPA withdrawals and deposits have already been implemented and fully functional in the Exscudo Channels App. The function is available worldwide with the exception of the US and select countries. Thanks to the SEPA and SWIFT support our customers are able to top up their Channels balance by making a bank transfer in Euro, USD or any other fiat currency.
Discover Extends Relationship with Global Payments to Increase Acceptance in Hong Kong and Taiwan
- 6 years 2 months ago
- Payments
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Discover Financial Services, a leading direct bank and payments services company, announced today that Global Payments is now an acquirer for all cards on the Discover Global Network in Hong Kong and Taiwan. This includes Discover, Diners Club International and affiliate partner cards.
PayU acquires digital payments company Wibmo for $70 million
PayU, an online payment service provider and Naspers’ fintech arm, today announced the acquisition of Wibmo, a Cupertino, CA-based industry leader in digital payment security and mobile payment technologies. This strategic acquisition combines PayU’s strong merchant network and Wibmo’s leadership in digital transaction security solutions to offer industry-leading payments solutions to merchants and financial institutions in India and other high... more
A step ahead of the rest: Hand Dyed Shoe Company claims crown in Klarna’s ‘Smoooth Stores’ competition
- 6 years 2 months ago
- E-Commerce, Transaction Banking, Payments
With entries received from all over the UK, a visit from Hugo Taylor and a competitive voting period which saw over 5,000 votes cast by the public, The Hand Dyed Shoe Co. was crowned the winner of Klarna’s ‘Smoooth Stores’ initiative at last night’s star-studded awards.
TBC Bank buys a 51% equity stake in LLC Inspired, a leading payment platform in Uzbekistan
TBC Bank Group PLC of Georgia has entered into an agreement to acquire a 51% stake in LLC Inspired, a leading payment platform in Uzbekistan trading under the Payme brand. Payme is a leading payment service provider in Uzbekistan that supplies high-quality payment solutions to its 1.3 million customers. It facilitates utility payments, P2P transfers, loan repayments, mPOS for QR-based payments and ecommerce purchases. It also provides a... more
UTP Merchant Services expands Hastings branch creating 50 new jobs
- 6 years 2 months ago
- Transaction Banking, Payments
UTP Merchant Services, a leading credit and debit card payment solutions specialist, has expanded its Hastings branch creating fifty new jobs in the area in order to support business growth. Supported by Locate East Sussex and backed by a 'Growth Capital Funding’ grant from East Sussex Council, the expansion will see UTP Merchant Services recruit 50 new telesales staff, to be based on another floor of their current Ocean House branch in St.... more
SWIFT Admitted to Next Phase of Tender for Connectivity to TARGET Services
- 6 years 2 months ago
- Payments, Infrastructure
SWIFT announces today that it has been admitted to the next phase of the tender process to provide connectivity services to all Eurosystem market infrastructures (also known as TARGET services).
FSS launches ‘FSS Voice Commerce’ at Seamless Middle East
- 6 years 2 months ago
- Payments
FSS (Financial Software and Systems), a global payments technology company, has launched FSS Voice Commerce, a real-time voice banking platform that offers customers, meaningful, contextual and personalized banking interactions. Enabling banks to deepen customer engagement via conversation-led banking and deliver interactive service experiences to its customers, FSS Voice Commerce is set to take frictionless banking to the next level. The launch... more
Worldline announces a dedicated payment solution for online marketplaces
- 6 years 3 months ago
- Payments
Worldline, the European market leader for payment and transaction services, announces the introduction of a dedicated payment solution for online marketplaces that ensures smooth payment processes between all parties in the ecosystem and supports marketplaces in attracting and retaining consumers and merchants alike.
Exscudo Channels Now Allows to Exchange Currencies Right in The App
- 6 years 3 months ago
- Payments, Cryptocurrencies
Exscudo is proud to announce that we have added support for direct currency exchange in the Channels App. Our clients are already able to exchange EON, BTC and ETH while support of direct exchange of TUSD, OMG, LTC, DASH, QTUM, ZEC, CTKT, EURT, USDT, XMR and EUR will be added shortly. The new feature allows users to exchange currencies without having to move their funds out of our wallet app while benefiting from low fees, previously available... more
Flywire Adds Machine Learning Capabilities to its Payment Platform
- 6 years 3 months ago
- Payments
Flywire announced the addition of powerful new machine learning capabilities to its cross-border payment and receivables platform. The enhancements improve the payment-to-settlement time, increase security, and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies.
Double shortlisting for Banking Circle in Financial Services Forum Product & Service Innovation Awards
- 6 years 3 months ago
- Payments
Banking Circle, the next-generation Financial Utility, has continued its award nomination success, as it’s shortlisted for two prestigious Financial Services Forum Awards. Banking Circle Virtual IBAN is nominated in the Payments category, while Banking Circle as a company has been nominated for the Financial Inclusion award, recognising its work tackling financial exclusion through its suite of financial solutions.
Volante Technologies Powers Banco BASE’s Domestic and International Payments Processing with VolPay
- 6 years 3 months ago
- Payments
Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing and financial message integration, today announced that
