Emerging Payments Association Finds Boom in UK PayTech
- 8 years 5 months ago
- Payments, IT Innovations, Infrastructure
The UK’s payment technology, or PayTech, sector is booming and closing the gap on the US, its closest rival, according to research from the Emerging Payments Association (EPA), sponsored by The Bancorp and conducted by Accourt. But the report also raises concerns about the UK PayTech sector’s attractiveness to acquirers.
ACI Worldwide Discusses Omni-Channel Payments for Merchants
- 8 years 5 months ago
- Payments
Despite the retail industry’s ambition to move to an Omni-Channel strategy, only a minority of retailers have completed an omni-channel payments programme, according to a survey of nearly 100 retailers by PCM Research and ACI Worldwide.
Fiserv and INETCO Reach an Agreement to Boost ATM Management with Real-Time Analytics
- 8 years 5 months ago
- ATMs, Infrastructure
INETCO Systems Limited signed an agreement with Fiserv. As part of this agreement, Fiserv will be reselling the INETCO Insight and INETCO Analytics omnichannel monitoring and analytics software to ATM operators and financial institutions managing large networks.
WEX Australia Prolongs Agreement with FCTG to Provide Virtual Payments Solution
- 8 years 5 months ago
- Payments
WEX announced that WEX Australia has updated its existing agreement with Flight Centre Travel Group (FCTG), one of the world’s largest travel agency groups, to provide virtual credit card payments for its retail stores.
Tipalti SuiteApp Reaches “Built For NetSuite” Status
Tipalti's SuiteApp has achieved ‘Built for NetSuite’ status. The new SuiteApp, built using NetSuite’s SuiteCloud Platform, integrates with NetSuite OneWorld to provide one unified Accounts Payable Automation solution, helping finance departments streamline their entire global supplier payment operation.
Remitly Money Transfer Service Expands in Canada
- 8 years 5 months ago
- Transaction Banking, Payments
Remitly closed a $38.5 million Series C funding round. Stripes Group led this round and was joined by Vulcan Capital, both new investors in Remitly. Existing Remitly investors also contributed to the round including DFJ, DN Capital, Bezos Expeditions and Trilogy Equity Partners, among others. Stripes Group partner Ron Shah will join Remitly’s board of directors as part of the financing. The new capital will be used to grow Remitly’s team and... more
Infosys Finacle and Samsung SDS Partner to Provide Enhanced Mobile Banking
- 8 years 5 months ago
- Payments, Mobile Banking
Infosys Finacle a product subsidiary of Infosys and Samsung SDS, a global ICT service provider, today announced a global partnership that will provide end customers with a more secure, fast and convenient way to use mobile banking and payment services.
Icon Solutions Introduces Instant Payments Framework
- 8 years 5 months ago
- Payments, Infrastructure
Icon Solutions, the independent IT payment consultancy and specialist technology provider, today announced the worldwide launch of its Instant Payments Framework (IPF). IPF is an agile yet robust software product that expedites financial institutions’ transition to instant payments. IPF was designed specifically to meet the needs of national banks and global bank subsidiaries who regularly find the cost and complexity of current payment hubs... more
The Co-operative Group Taps ACI Worldwide to Boost Data Security
ACI Worldwide announced that The Co-operative Group (Co-op), one of the UK’s largest food retailers, has selected the company to run its card payments processing operations and maximise card data security across all of its UK food stores and fuel sites. The retailer, with over 2,800 stores, will utiliseACI’s UP Merchant Payments solution to secure its payment data with the latest version of its point-to-point encryption (P2PE) and ... more
Visa Boosts Up Digital Payments for Rio 2016 Olympic Games
- 8 years 5 months ago
- Payments
Visa celebrated the 100 day milestone to the Rio 2016 Olympic Games. In its 30th year as the exclusive payment provider of the Olympic Games, Visa is creating and managing the entire payment system infrastructure and network throughout all venues including stadiums, press centers, point-of-sale (POS), the Olympic Village and Olympic Superstores. This year Visa will implement 4,000 POS terminals across key Olympic venues, as well as 11 ATMs in... more
FIME Aids Development & Roll-Out of First Android Payment Terminal
- 8 years 5 months ago
- Payments
FIME today announces its successful collaboration with AEVI, a subsidiary of Wincor Nixdorf, to support the development and roll-out of the world’s first payment terminal product based on the Android operating system (OS). The tablet point of sale (POS) device, called‘Albert’, gives merchants a complete solution to manage a range of business functions and accept a number of different forms of secure payments. The solution is already live and in... more
ACI Worldwide and Ovum Discuss Shift in Payments Technology Investment
- 8 years 5 months ago
- Payments
Almost three-quarters (71 percent) of European retailers and financial institutions plan to increase spending on payments technology in the next 18 to 24 months in the face of increasing competitive pressure and a feeling of being ‘under siege.’
CPA Launches Global Messaging Standard in Canada
- 8 years 5 months ago
- Payments, Regulatory Standards, Infrastructure
Canada joins a growing list of countries that have adopted ISO 20022, an important first step in the modernization of Canada’s payment system. ISO 20022 is a global standard for electronic payment messages that will help businesses and financial institutions facilitate the move away from paper by creating the ability to exchange more information – like invoices - with electronic payments. ISO 20022 also helps to streamline cross-border payments... more
VocaLink Won 2016 George Mitchell Payments System Excellence Award
- 8 years 6 months ago
- Payments
VocaLink announced today that it has been selected as the recipient of the 2016 George Mitchell Payments System Excellence Award. The award is given annually by NACHA—The Electronic Payments Association®. The award is named after former vice-chair of the Board of Governors of the Federal Reserve, George Mitchell, an early proponent of electronic payments. It honors an individual or organization that has shown superior leadership in the... more
Fiserv's 'CardFree Cash' Allows Cardless Access to Cash at the ATM
Fiserv announced the launch of
