UK Inhabitants Expected to Spend £1.9 Billion as Black Friday on Visa
- 8 years 11 months ago
- Payments
£1.9bn will be spent on Visa cards on Friday 27th November – Black Friday – making it the biggest day for spending on this day in history. This year’s event will be driven primarily by the growth in e-commerce, as consumers become more comfortable with using mobiles and tablets to shop on the go. Visa Europe predicts that online transactions will top £721 million on the day, up 17% on 2014. There will be a total of 11 million online transactions... more
Plastc Releases "COIN Buy-Back" Campaign
- 8 years 11 months ago
- Payments
Plastc, creator of the Plastc Card, the most intelligently-designed and secure digital card ever invented, today announced its exclusive four-day "COIN Buy-Back " Campaign. Starting at 3:00 a.m. PT, November 27 and lasting until 11:59 p.m.
WorldRemit to Launch Money Transfers to Vietnam
- 8 years 11 months ago
- Transaction Banking, Payments
Money transfer app WorldRemit today launches remittances to Vietnam. Customers can now send money from the WorldRemit app direct to any bank account in Vietnam. Backed by early investors in Facebook, Spotify and Dropbox, WorldRemit enables people to send money to friends and family overseas using its award-winning iOS and Android mobile apps. Customers already send over 300,000 transactions with WorldRemit every month.
Stonegate Bank and MasterCard to Enable Debit Cards for Use in Cuba
- 8 years 11 months ago
- Payments
Stonegate is pleased to announce that the bank is now offering a Debit MasterCard that can be used at any of Cuba’s 10,000 hotels, restaurants and other card-accepting merchants. “This is the first step in relieving the burden of U.S. travelers carrying cash when travelling to Cuba and another step in normalizing commercial relations between the two countries. Hopefully more issuing banks will help this process by approving credit and debit... more
ING to Join Fintech R3 ’s Global Bank Partnership
ING announces that it has joined a consortium of 30 leading global banks, coordinated by the financial technology firm R3, to collaboratively evaluate and apply emerging block chain technology to the global financial system. The stated goals of the group are to collaborate on research, design, and engineering that will advance innovative solutions for clients that meet banking requirements for security, reliability, performance, scalability, and... more
Adyen Launches Payments Solution in Australia
- 8 years 11 months ago
- Payments
Adyen, the global payments technology company, today announced the launch of its payments solution in Australia. With Adyen, retailers can accept payments in store, on mobile, and online with one partner, one contract, one technical interface, and unified reporting. Instead of working with a number of suppliers and third party connections, Adyen simplifies payments for merchants and enables them to offer a seamless cross channel experience to... more
YourCash to Resettle Entire European ATM Estate to TNS
- 8 years 11 months ago
- Transaction Banking, Payments, ATMs
Independent ATM deployer YourCash has signed a new seven-figure deal with Transaction Network Services (TNS) which will see TNS handle the majority of the transactions and communications from its 5000 strong ATM estate across the UK, Netherlands and Belgium. TNS has established a resilient, secure connection into YourCash’s chosen processor VocaLink, and will provide YourCash with a full range of fully managed end-to-end solutions, including... more
Nuspay to Launch NFC Smart Payment Card in Nepal
- 8 years 11 months ago
- Payments, Infrastructure
Nuspay International Incorporated, a global technology company in the payments industry announced today the launch of the first NFC (near field communication) Tap & Pay payment card in Nepal. The ground-breaking electronic multipurpose Nuspay NFC payment card was created in association with Nepal Bank Limited and Sajha Yatayat, a public transportation bus services provider in Nepal.
GFT and SIA to Launch Joint Sales Cooperation in Germany
- 8 years 11 months ago
- Payments
Instant Payment is a working reality in Italy where about 50 banks (13 bank groups) have joint the P2P “Jiffy” service, offering to their customers the possibility to send and receive money in real time through an app on their smartphone to and from their contacts. “Jiffy” is now targeting Germany on its march to success. In order to establish the service also in Germany, GFT Technologies SE and SIA S.p.A. are pooling their expertise and now... more
Hyperwallet Announced to Launch Loyalty Program
- 8 years 11 months ago
- Payments, Infrastructure
Hyperwallet, a leading payout platform of the new economy, today announced the launch of its new loyalty program for independent workers. The program, which will be offered at no cost to Hyperwallet customers, gives organizations the opportunity to incorporate rewards into their existing earnings distribution processes.
Northumberland County Schools FCU to Choose Fiserv for Account Processing and Payments Solutions
- 8 years 11 months ago
- Payments, Accounting, Infrastructure
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Northumberland County Schools Federal Credit Union, based in Milton, Pennsylvania, is converting to the CUnify (TM) account processing platform. The credit union will also add integrated solutions from Fiserv, including CheckFree(R) RXP(R) for electronic payments, FraudNet(TM) for real-time payments fraud monitoring, and... more
Earthport to Partner with Continental Money Transfer
- 8 years 11 months ago
- Payments
Earthport, (AIM listed: EPO), the largest open network for global bank payments is pleased to announce that it has signed an agreement with Continental Money Transfer (CMT) a 24×7 provider of payments across borders, with secure online money transfer solutions. CMT has enhanced its international payments service through partnership with Earthport and will access a one-stop-shop for disbursing payments to multiple beneficiaries in any currency.
Vector ITC Group and Sequent Partner to Launch Mobile Payments in Latin America and Spain
- 8 years 11 months ago
- Payments
Vector ITC Group has signed a partnership agreement with Sequent Software, the platform bringing cards to mobile, to add key tokenization, on-device security, NFC and HCE capabilities to the Vector ITC Group Air Wallet Financial Product. The Vector ITC Group and Sequent have made a strategic alliance to integrate and deploy its technology solutions in financial institutions for both the Spanish and Latin American markets.
The SWIFT Institute's New Research Paper Evaluates Real-time Payment Systems
- 8 years 11 months ago
- Payments
The SWIFT Institute announces the availability of a new paper that proposes a hybrid model for real-time retail systems, combining the benefits of a real-time gross settlement system (RTGS) with those of a deferred net settlement (DNS) system. The report, entitled "Near Real-time Retail Payment and Settlement Mechanism Design" by Zhiling Guo, Robert J. Kauffman, Mei Lin, and Dan Ma from the School of Information Systems at Singapore Management... more
Visa Europe Collab to Partner with Sthaler and Worldpay to Trial Finger Vein Payment
- 8 years 11 months ago
- Payments
Visa Europe Collab, the innovation arm of Visa Europe, is working with biometrics startup, Sthaler, and global payments company Worldpay to trial the use of Sthaler’s ‘Fingopay’ finger vein technology (FVT) in payments.
