Ebury to Meet Insurance Industry at BIBA 2022
- 4 years 4 months ago
- Payments
Ebury, the Santander-backed fintech and global provider of mass payment and FX risk management solutions, is delighted to announce that it is exhibiting at BIBA 2022. Those attending the event will be able to meet Ebury’s experts in international payments and cross-border risk management, as well as members of its award-winning Mass Payments team.
Adyen Strengthens its Global Partnership with Afterpay
- 4 years 4 months ago
- Payments
Adyen, the global financial technology platform for leading businesses, today announced it has expanded upon its partnership with one of the leaders in Buy Now, Pay Later (BNPL), Afterpay Limited. Afterpay is working with Adyen to process payments across key markets including Australia, New Zealand, Canada, Europe, U.S., and the U.K. to support the company’s global growth and momentum.
Accelerated Payments Appoints VP of Business Development for North American Operations
- 4 years 4 months ago
- Payments
SME funding provider Accelerated Payments today announced the appointment of Steven Conrad as Vice President of Business Development for North America. Conrad brings over 20 years of experience to the role and will be instrumental in managing the regional growth of the company. He will be based out of Toronto.
Newcastle Intermediaries Remove Minimum Income Requirement on BTL Mortgages
- 4 years 4 months ago
- Payments
Newcastle Intermediaries has removed the minimum income criteria on its Buy to Let (BTL) mortgage products in an effort to broaden its appeal with landlords who have lower or non-traditional incomes. From 4th May borrowers no longer need to meet the £25k pa (£30k joint) minimum income requirement on Newcastle Intermediaries’ BTL mortgage products, with affordability instead being assessed on the Interest Coverage Ratio (ICR).
06/05 – Weekly Fintech Recap
- 4 years 5 months ago
- Open Banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Ophelos Partners with Credit Card Startup, Yonder, for Ethical Debt Resolution
DivideBuy wins Best POS Solution at Cards & Payments Awards 2022
- 4 years 5 months ago
- Payments
DivideBuy, the leading UK LendTech, has won the Best POS Solution category at the Cards & Payments Awards 2022, beating ACI Worldwide, Worldpay and UTP, as well as being shortlisted for the Best Consumer Credit Card or Credit Facility category. Following an impressive period of growth for the Stoke-on-Trent company, this important award win paves the way for further growth in 2022 and beyond.
IDT Corporation Postpones Spinoff of net2phone
- 4 years 5 months ago
- Payments
IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced today that, in light of current market conditions, its Board of Directors has postponed the spinoff of its net2phone cloud communications segment, which it had been preparing to spin off on or before July 31st, 2022.
Flywire Survey: B2B Finance Professionals Look to Payment Process Improvements to Help Accelerate Profitability
- 4 years 5 months ago
- Payments
As companies continue to adapt to the digital world, those with antiquated payment processes are facing major disadvantages affecting both revenue and reach, according to a new survey of finance professionals commissioned by Flywire, a global payments and enablement software company. There’s an imminent need for B2B companies to overhaul their A/R processes, as an overwhelming majority of finance professionals surveyed (92%) believe they could... more
Agreement Between Confcommercio Milano, Lodi, Monza e Brianza and Nexi for the Digitalization of Neighborhood Stores
- 4 years 5 months ago
- Payments
The collaboration agreement between Confcommercio Milano, Lodi, Monza e Brianza (General Federation of Italian Commerce and Tourism for the provinces of Milan, Lodi, Monza and Brianza), and Nexi for the digitalization of local and neighborhood stores has been signed.
IRIS Software Group Acquires Ireland’s Premier Payroll Services Provider, Paycheck Plus
- 4 years 5 months ago
- Payments
IRIS Software Group (IRIS) is today announcing it has acquired Paycheck Plus. Founded in 2005, the Drogheda based business has grown consistently into Ireland’s premier payroll services provider, with clients in Ireland, the UK, across Europe, and in the USA. Paycheck Plus provides an extensive range of payroll outsourcing services and has a relentless focus on accuracy, timeliness and compliance. This closely aligns with IRIS’ mission to take... more
Nets Chosen by Travel-focused ‘myTU’ for Issuer Processing & Digital Services
- 4 years 5 months ago
- Payments
myTU, from UAB Travel Union, has chosen European payments leader Nets to provide issuer processing and digital services, including cards and mobile payment capabilities, including Apple Pay and Google Pay, for its customers.
Payer Announces New Chairman of the Board
- 4 years 5 months ago
- Payments
Payer announced today that Dominik Belloin, one of its board members, has been appointed as the new Chairman of the Board. Dominik Belloin succeeds Annika Javestad, who served in the role during the development phase. The appointment now awaits the approval of the FSA.
Zilch, the UK-based BNPL Unicorn, is Getting Ready for a US Launch
- 4 years 5 months ago
- Payments
Prior to launching in the United States, Zilch, a London-based fintech, joined the Financial Technology Association (FTA) to encourage ethical innovation.
Worldline India’s SMB Vertical is Growing at Over 50 Per Cent Year-on-year
- 4 years 5 months ago
- Payments
Worldline, a global leader in the payments industry and the technology partner of choice for merchants, banks and acquirers today announced that its Small and Mid-Size Business (SMB) vertical is growing at over 50 per cent y-o-y in India. Powered by over 7 lakh SMB merchants on its platform and driven by an innovative full-service plug & play payment product suite for every use case, Worldline expects to achieve a milestone of 1 million SMB... more
Comments on Klarna Sharing BNPL Data with Credit Agencies
- 4 years 5 months ago
- Payments
Neil Kadagathur, Co-Founder and CEO of Creditspring, comments: “Ever since payday loans have been driven out of the mainstream, BNPL has been viewed as the new wild west of the borrowing industry. “Regulation is welcome but the misconceptions amongst borrowers, that BNPL is risk-free or isn’t a form of borrowing that can lead to debt, are a much bigger issue. Regulation won’t go far enough - lenders need to ensure they develop awareness amongst... more
