nexo standards Welcomes Twelve New Companies to Global Membership
- 5 years 2 months ago
- Payments
nexo standards, the international association enabling global interoperability in payment acceptance, has welcomed twelve new companies to its membership, bringing the total number of members up to 89.
Contactless card PIN limits to increase temporarily to help reduce the risk of COVID-19 transmission
- 5 years 2 months ago
- Payments
Australian Payments Network (AusPayNet), the self-regulatory body for the payments industry, confirmed today that the payment industry will be increasing the PIN limit for contactless card payments from $100 to $200 to reduce the need for physical contact with the payment terminal.
Historical evidence for bitcoin performing like digital gold
- 5 years 2 months ago
- Bitcoins
In the recent crash, the independence of bitcoin relative to other assets has been challenged as it dropped by more than the S&P500 index. Many are tempted to conclude by saying the diversification argument does not hold anymore. The Research Department of SEBA Bank has a different opinion, based on an analysis of three examples of financial stress with a focus on gold. This precious metal is an asset revered as a classic diversifier and,... more
Fiserv Enables Financial Institutions to Quickly Assist Small Businesses Seeking Paycheck Protection Program Loans
- 5 years 2 months ago
- Payments
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling banks and credit unions to accept applications from small businesses seeking relief under the U.S.
Mastercard enables higher contactless payments across Canada
Mastercard announced it is enabling the increase of contactless payment limits across Canada, as people look for safer ways to pay in the wake of the COVID-19 (coronavirus) pandemic.
Pannovate Partners with Salt Edge to Deliver Instant PSD2 Compliance
- 5 years 2 months ago
- Payments, Banking, Compliance
Pannovate, UK’s leading payment and digital banking technology company, has partnered up with Salt Edge, leader in offering open banking and secure customer authentication solutions to help organisations launch competitive PSD2 compliant banking and payments programmes in the UK and throughout Europe.
Xpring Now Supports Interledger STREAM
In December, we announced the launch of xpring.io, a developer site that includes a wallet, tools, services, and documentation that help developers enable payments in their products and apps. Xpring Wallet Today, the Xpring Wallet now supports Interledger Protocol (ILP) STREAM, which further enables developers to insert streaming payments using Testnet (fake money) into their products and applications.
COVID-19 Crisis Highlights Need for Real-Time and New Digital Payments Services Around the World, New ACI Worldwide Research Reveals
More than half a trillion real-time payments transactions will be processed over the next five years, according to Prime Time for Real-Time, a new global report from ACI Worldwide (NASDAQ: ACIW) and
Paysend to work on behaviour change model for money in the digital world
- 5 years 2 months ago
- Payments
In a world that is changing as fast as never before and is facing great challenges we use technolo-gy to create the best possible outcome for the society. The recent epidemic crisis is showing how much we need to rethink our economic and societal model in order to maximise the positive im-pact for our world. Money can be often seen as the ‘blood’ of the economic system as it connects people with the economy of work, allowing each of us to care... more
Pelican Partners with Banking Labs to bring AI-based payments and compliance solutions to the Canadian market
- 5 years 2 months ago
- Payments
Pelican, a leading provider of payments and financial crime compliance solutions for banks and corporates, today announced that it has signed a partnership agreement with Banking Labs in Canada.
EMVCo Encourages Domestic Payment Systems To Use Terminal Integration Testing Framework
- 5 years 2 months ago
- Payments
EMVCo is encouraging domestic payment systems (and other similar entities) to use its new EMV® terminal integration testing framework to reduce the time needed to get new and updated acceptance terminals live and operational.
Dzing announces launch of its new digital payment app
- 5 years 2 months ago
- Payments
Dzing, a new to market electric money and payment institution, today announced the launch of its new mobile payment app, to allow international students, remote freelancers, overseas workers, and travellers, conduct financial services from their smart devices at high speed. Now available on Android and iOS, the Dzing app will offer its users a simple, seamless process for transferring funds across borders in the UK and Europe. The app will also... more
Civic and Coincover Announce the First-of-its-Kind Crypto Wallet With a $1 Million Protection Guarantee
- 5 years 2 months ago
- Cryptocurrencies
Civic Technologies, a leading innovator in digital wallet solutions, today announced that Civic Wallet is the first and only crypto wallet to offer a $1 million (USD) digital currency guarantee provided by Coincover, the leader in high security, risk prevention and mitigation solutions, insured by Lloyd’s of London underwriters. Civic Wallet is currently in private beta.
Brady Harris Joins Dwolla as CEO to Scale Distribution
- 5 years 2 months ago
- Payments, People Moves
Dwolla, the programmable payments platform, today announces the appointment of Brady Harris as the company’s CEO. With nearly 20 years of leadership in the Payments and FinTech space, Harris brings unparalleled expertise to the Dwolla team. Moving forward, Dwolla founder Ben Milne will support the company in multiple capacities, including as a member of the board.
Poland’s National Payment Processor Partners with Cryptomathic to Deliver eIDAS-certified Remote Qualified Electronic Signature Services
- 5 years 2 months ago
- Payments
Polish citizens can now sign documents digitally using mSzafir, a remote qualified e-signature service with the highest levels of security under European law, thanks to a new partnership between KIR, Poland’s national payments processor, and global e-signature specialist, Cryptomathic. The timely availability of remote qualified e-signature services (QES) comes as the country enters lockdown and imposes stringent social distancing measures which... more
