illimity launches first PIS Platform
- 6 years 4 months ago
- Payments
illimitybank.com, the illimity Group’s digital direct bank, is introducing the Payment Initiation Service (PIS) in Italy for the first time ever, a system which enables customers to make payments from accounts of other banks consolidated on its platform.
New payments methods accelerate growth in cashless payments worldwide
- 6 years 4 months ago
- Payments
Strong growth in cashless payments as cards increasingly preferred for everyday transactions
Absa rolls out PowerCARD across Africa
- 6 years 4 months ago
- Payments
HPS, a leading multinational provider of payment solutions, today announces that it has completed the modernisation of Absa’s African Operations outside of South Africa (“ARO”) acquiring payments infrastructure journey. The transformation journey started in July 2019 with HPS replacing the existing legacy acquiring switch with PowerCARD for eight countries where Absa operates: Botswana, Kenya, Mauritius, Zambia, Tanzania, Ghana, Uganda and... more
Brits adapt to lockdown lifestyle: weekly spending trends revealed
- 6 years 4 months ago
- Payments
Klarna, the leading global payments and shopping provider, today released new data that tracks how UK consumer purchasing habits have evolved while under lockdown and as the COVID-19 outbreak continues. The company, which is used by over 7 million shoppers and has over 5,000 retail partners in the UK, analysed all the transactions made through its retail partners to identify what product categories Gen Zers, Millennials, Gen Xers and Baby... more
QuadPay builds new installment model with Stripe Issuing
- 6 years 4 months ago
- Payments
QuadPay, the payment installment platform, is partnering with Stripe to power advanced buy-now-pay-later experiences that boost conversion and let consumers start shopping instantly both online and in-store. Built on Stripe’s issuing infrastructure, QuadPay enables consumers to start shopping in installments anywhere Visa is accepted and powers buy-now-pay-later experiences that boost sales by more than 20% on average.
Global Payments to Provide Credit Card Processing Services for Truist Financial Corporation
- 6 years 4 months ago
- Payments
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that TSYS, its Issuer Solutions business, has signed a long-term agreement with Truist Financial Corporation (NYSE: TFC), to process the bank’s consumer, commercial and small business credit card portfolios.
Adflex introduces Modular Cloud-based Payment Services to allow fast and simple service activation
- 6 years 4 months ago
- APIs, Platform Technology, Payments, Cloud
B2B digital payments integration specialist, Adflex, now enables both acquirers and supply chain businesses to simplify and accelerate integration of its modular digital payment services, following the cloud-transformation of its popular payments platform. “By wrapping our suite of digital payment services in RESTful APIs, we can now serve our acquirer and merchant clients with new levels of flexibility and agility,” comments Pat Bermingham, CEO... more
Conferma Pay and Visa to launch Virtual Card Payments Globally via Mobile App
- 6 years 4 months ago
- Payments, Online Banking
Fintech leader Conferma Pay has teamed up with Visa to integrate Visa virtual cards in the Conferma Pay mobile app. This solution is now globally available to Visa’s commercial bank clients, allowing them to bring the Conferma Pay app to their corporate customers as part of Visa’s broader technology offering.
Japanese Payment Methods Konbini and Pay-easy Join APAC Giants on PPRO’s Payments Platform
- 6 years 4 months ago
- E-Commerce, Payments, PaaS
PPRO, the world's leading local payments platform-as-a-service, has entered the Japanese e-commerce market. Two popular Japanese payment methods – Konbini and Pay-easy – join over 150 local payment methods on PPRO's platform, a portfolio that already includes APAC heavyweights like Alipay, WeChat Pay, UnionPay, and GrabPay.
Banking Circle Research Reveals How Payments Businesses Are Adapting in the Wake of COVID-19 Restrictions
Recent research[1] commissioned by financial infrastructure provider, Banking Circle, following a webinar on the impact of COVID-19, has found that businesses are innovating rapidly to meet their customers’ ever-changing needs. Key highlights:
Pandemic Accelerates Contactless Payment Adoption in the Nordics
The first four months of 2020, during which the Nordics imposed strict Covid-19 social distancing measures, saw contactless payments in the region increase by an unprecedented 12 percentage points, according to transaction data from European payments industry leader, Nets, released today.
Asia Pacific Partnership Offers FIs a Future-proof Solution for All Their Payment Needs
- 6 years 4 months ago
- Payments
Compass Plus further strengthened its partnership with Stratus Technologies in Asia Pacific with the announcement of the successful stress testing of TranzAxis using Stratus
TranSwap Launches E-Remittance Services for Foreign Domestic Workers
- 6 years 4 months ago
- Payments
TranSwap, a home-grown cross-border payments platform for businesses, today announced that it has launched an e-remittance service, for employers of foreign domestic workers (FDWs) to digitally send money back to their FDW's families during Circuit Breaker. The launch comes at a time when it has been challenging for FDWs to access remittance services to send money home and support their families.
Marriage Care Roll Out MobiCash to Enable Charitable Donations
- 6 years 4 months ago
- Payments
Marriage Care, a UK relationship counselling service charity, are rolling out MobiCash, a mobile payment service, to all of their centres that provide counselling across England and Wales.
MEA Retail Banks Strongly Believe in a Cashless Society According to Temenos Research
- 6 years 4 months ago
- Payments, Online Banking
Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos (SIX: TEMN), the banking software company. The in-depth survey conducted in 2019 by the Economist Intelligence Unit (EIU) on behalf of Temenos reveals that 6 in 10 Middle East and African banking executives think cash will dip below 5% of retail transactions in the next five years, compared... more
