Igoria Trade Chooses Nets to deliver Secure Multicurrency Experiences
- 3 years 11 months ago
- Trading Systems, Payments
Igoria Trade S.A., a European Payment Institution from Poland, has chosen payment services provider, Nets Group, to deliver its risk management solution, enhancing security for business and individual cardholders. The partnership further expands Nets’ growing presence in Poland, following the Group’s acquisition of local payment services provider Polskie ePłatności (PeP) in 2020.
Retailers Risk Losing Loyal Customers if They Get Returns Wrong, Klarna Warns
- 3 years 11 months ago
- Payments
Over eight in ten (84%) online shoppers would turn their back on a retailer after a bad returns experience. That’s according to new research from Klarna, which highlights the power of returns as a customer acquisition and retention tool, and the repercussions of getting them wrong.
Paysend Secures $125m in Series B Funding to Accelerate Expansion of its Global Payments Platform
- 3 years 11 months ago
- Payments, Money Transfers
Paysend, the card-to-card pioneer and international payments platform, has closed a Series B funding round of $125m, led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing long-term investors including Silicon Valley based Plug and Play. The funding will help Paysend expand its international footprint and speed up product innovation, enabling it to further accelerate its impressive growth... more
Volante Technologies and Deloitte Enter Into Strategic Alliance Agreement To Accelerate Payments Modernisation
- 3 years 11 months ago
- Payments
Volante Technologies, the global leader in cloud payments and financial messaging, and Deloitte are joining forces to offer clients an innovative new service that enables financial institutions to transform how they run their payments business. Volante’s cloud-based technology solutions for financial institutions will now include added insight and integration services from Deloitte as part of a broader strategic alliance agreement.
Response Comment to Bitcoin Volatility and Industry News - Stephen Kelso, ITI
- 3 years 11 months ago
- Bitcoins, Cryptocurrencies
Stephen Kelso, Head of Markets, ITI Capital comments: “Bitcoin is a volatile asset, as demonstrated by the extended deleveraging from liquidations on retail trading platforms over the last week. The substantial draw-down has triggered fresh scrutiny from some traditional banks and institutional asset managers across Europe.
EMVCo Reports Over 10 Billion EMV® Chip Cards in Global Circulation
- 3 years 11 months ago
- Payments
Data published by EMVCo shows that at the end of 2020, 10.8 billion EMV® chip cards were in global circulation – an increase of nearly 1 billion compared to the previous twelve months. In addition, EMVCo reports that 66% of all issued cards are EMV, with over 86% of all card-present transactions conducted globally using EMV chip technology.
Deko maximises checkout power with new partner Zip
- 3 years 11 months ago
- Payments, Credit Cards
Leading retail finance platform Deko, has announced a partnership with Zip, the global Buy Now, Pay Later (BNPL) pioneer, which has been added to Deko’s multi-lender platform. The partnership allows customers to pay over four interest-free instalments, supporting merchants seeking to expand their turnover as the UK’s economic recovery accelerates.
ACI Worldwide and J.P.Morgan Collaborate to Offer Merchants in Europe Greater Choice of Payment Options
- 3 years 11 months ago
- Payments, e-Payments
ACI Worldwide, a leading global provider of real-time digital payment software and solutions, today announced a collaboration with J.P. Morgan, a global leader across banking, markets and securities services, that will enable merchants in certain European countries to deliver in-store payment acceptance capabilities to their customers.
Ethereum Creator Vitalik Buterin to Deliver Keynote at Virtual FinTech Forum 2021
- 3 years 11 months ago
- Blockchain, Cryptocurrencies
Amid rising use of blockchain in finance and cryptocurrencies emerging as Digital Gold for millennial investors across Asian markets, the alternative investment class will take centre stage at Virtual FinTech Forum on May 27 when Ethereum Creator, Vitalik Buterin delivers a keynote address on The Progress of Ethereum and its role in Future of Finance.
RS2 Granted Electronic Money Institution License from the German Federal Financial Supervisory Authority
- 3 years 11 months ago
- Payments, e-Payments
RS2, the global payments processing and technology provider, today announced that its German subsidiary, RS2 Financial Services GmbH, has been granted an E-Money Institution (EMI) license by the German regulator, the German Federal Financial Supervisory Authority (BaFIN).
EBANX Unveils EBANX ONE, Its Ultimate Payments Platform for Global Companies in Latin America
- 3 years 11 months ago
- Payments
Payments fintech company EBANX has announced today EBANX ONE, its ultimate payments solution for global companies in Latin America.
Fintech Start-up Launches to Help SMEs Manage Cash Flow
- 3 years 11 months ago
- Payments, FinTech StartUps
Manchester-based fintech start-up Hydr today announces the launch of its proprietary invoice finance platform to help small businesses optimise their cash flow. Co-founded by fintech experts with first-hand experience of the challenges that long payment terms and late payments can create, Nicola Weedall and Hector Macandrew are on a mission to tackle poor payment culture in the UK.
Fall in Remittances in May due to Localized Lockdowns
- 3 years 11 months ago
- Payments
Anand Kumar Bajaj, Founder, MD & CEO, PayNearby said: “The second wave of the COVID-19 pandemic has hit the country harder than ever. As people struggle for survival, lockdown and its impact on the economy has slowed down our domestic remittance business. The remittance business was gradually recovering from the impact of last year's lockdown and labour migration when the sudden spread of the virus in April yet again prompted a large section... more
Community 1st Credit Union Chooses Scienaptic For Quicker, Sharper AI-Powered Credit Decisioning
- 3 years 11 months ago
- Artificial Intelligence, Credit Cards
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Community 1st Credit Union has selected its AI-powered platform to enhance and augment its credit decisioning and underwriting capabilities for new and prospective members.
Brands Must Improve Online Experiences and Embrace Personalisation to Capitalise on the Growing Gift Card Market
- 3 years 11 months ago
- Payments
The gift card market is growing, delivering significant opportunities for retailers Intro: The gift card market in the United Kingdom is seeing significant growth. According to recent research from the Gift Card and Voucher Association (GCVA) supported by Blackhawk Network, the market is now worth £6.9 billion, up almost £1 billion from its previous evaluation in 2019.
