Mastercard TrackTM Card to Account Transfer Launches in the UK with HSBC to Offer Improved Payment Options and Working Capital Benefits for Businesses
- 4 years 6 months ago
- Open Account, Payments, Money Transfers, Credit Cards
The new solution makes it easier for businesses to manage cash flow, expands payment options and helps suppliers get paid on time Nearly two-thirds of suppliers experienced increased payment times from large businesses during the pandemic, and 50,000 small businesses go under each year due to late payments Mastercard Track™ is a suite of products and services that are already benefiting businesses around the world, with HSBC the first issuer to... more
iink Payments Raises $2.8 MM in Seed Round to Streamline P&C Claims Payments for the Restoration Industry
- 4 years 6 months ago
- Payments
Better Payments. Faster Restoration.
Monneo Takes Gold at FSTech Awards
- 4 years 6 months ago
- Payments
Complete end-to-end payment ecosystem provider, Monneo, has won the ‘Best Use of IT in Commercial Banking’ award at the FSTech Awards 2022. The award recognises the most effective use of IT in improving business processes within business-to-business commercial banks and other similar companies. The win reaffirms Monneo’s continued innovation and productivity in providing a leading service for the ecommerce industry, with accessibility across the... more
New Research Offers Fresh Thinking about Payments Regulation Post-Brexit
- 4 years 6 months ago
- Payments
A new industry report produced by The Payments Association, UK Finance and Latham & Watkins assesses the impact of UK regulation on payments businesses and identifies key opportunities for enhancements.
VizyPay Awarded Best Small Business Payments Solution
- 4 years 6 months ago
- Payments
6th Annual FinTech Breakthrough Awards recognized the company for its stand out solutions tailored to the needs of small businesses across the nation
RiskAvert Enriched with New Capabilities for NPE and IRRBB Ahead of Final Regulatory Announcement
- 4 years 6 months ago
- Payments, Banking, Risk Management
Profile Software, an international financial solutions provider, announced today the enrichment of RiskAvert with new capabilities like the introduction of the NPE Prudential Backstop and the Interest Rate Risk in the Banking Book (IRRBB) modules.
Ecospend Partners With Anglian Water to Offer the New ‘pay by Bank’ Payment Method
Ecospend has today announced its partnership with Anglian Water where it will begin processing customer payments using open banking technology. Ecospend’s pay-by-bank technology will enable Anglian Water to receive instant account to account payments, which will reduce the utility provider’s processing costs. The partnership will also enable a range of new payment functionalities for Anglian Water customers, including:
LINE NEXT Announces 26 NFT Partnerships
- 4 years 6 months ago
- Artificial Intelligence, Payments, Cryptocurrencies
• By partnering with leading gaming, entertainment, webtoon, metaverse, art and service companies, LINE NEXT aims to grow NFT markets • Partnerships will launch NFT collections and support trading on LINE NEXT's global NFT platform DOSI
Nium Introduces New Global Brokerage Payments Solution to Provide Faster, Lower Cost Alternative to SWIFT Settlement
- 4 years 6 months ago
- Payments
Solution significantly lowers Financial Institution settlement costs by up to 90% for international brokerage account transactions
Average Contactless Payment Increases by Almost 30 Per Cent Since New £100 Limit Was Introduced
December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30 per cent following the contactless spending limit increasing from £45 to £100 in October last year. In September, prior to the contactless limit increase, the average spend per contactless payment was £11.86, which increased to £15.30 in December.
Planet Appoints Brent Warrington as CEO to Lead Transformation and Create Global Technology Leader
Planet is combining with Proximis, Datatrans, protel Hotelsoftware and Hoist Group, to create a unique vertical technology provider for commerce enablement. Operating in more than 120 markets, the combined company will organise by key customer verticals. Majority owners Advent International (‘Advent’) and Eurazeo invest to power new growth strategy. Former PayPal executive Brent Warrington appointed as Planet’s Chief Executive Officer (‘CEO’)... more
Payments Powerhouses in China and India Face Regulatory Crackdowns
- 4 years 6 months ago
- Payments
Central banks in two large markets tightened their grips on major payment providers. Tencent’s WeChat Pay is facing a potential multimillion yuan fine over an alleged violation of anti-money laundering and know your customer (KYC) rules, a source familiar with the matter told the Wall Street Journal.
IXOPAY Partners with Hawk AI
- 4 years 6 months ago
- Payments, AML and KYC
The industry leading payment orchestration platform and white label solution, IXOPAY, has partnered with Hawk AI, Germany’s leading provider of anti-money laundering (AML) surveillance technology for banks, payment companies and fintechs. This strategic partnership boosts IXOPAY’s offering by giving its white-label clients access to state-of-the-art fraud prevention that uses traditional rules in combination with artificial intelligence to... more
Forex Expo 2022 - Your Opportunity to Network and Learn from the Best
- 4 years 6 months ago
- Trading Systems, Investment, Fund Management, Investment Management, Payments, Banking
Date – March 31, 2022 Venue – Parklane Hotel, Limassol Cyprus https://forexexpo.com/
