Changing Consumer Behaviour Will Drive Growth in Card Spending Post-COVID-19
Economic pressures hindered growth in 2020 but underlying trends show positive outlook for the payment cards sector Global payment card spending reaches $35 trillion worldwide
Wari and Lycaremit Join Forces to Facilitate Cross-Border Remittance
- 4 years 4 months ago
- Payments
Wari (www.Wari.com), a global platform offering digital financial services, is partnering with Lycaremit to strengthen its global network; Lycaremit users will benefit from Wari’s highly secure network to access low-cost fund transfers across 30 African countries, Europe, Russia, and the Middle East; Services will be available online immediately, via WhatsApp Messenger and via a mobile app which is to be launched imminently.
Cloud and Digital Wallets to Drive Payments in Latin America, Despite Pandemic
64% of financial institutions in Latin America will be increasing investment in retail payments over the next two years, according to a survey conducted by OpenWay, a global vendor of digital payment software, and technology analyst house Omdia. Banks and fintechs in the region are looking to improve their customer experience by focusing on mobile wallets, digitalization of back-office operations and use of cloud technologies.
Paymentology to Join Mastercard’s Fintech Express and Engage Programmes
- 4 years 4 months ago
- Payments
Payment processing platform, Paymentology, has been selected by Mastercard to join Mastercard’s Fintech Express programme and its Engage Programme.
Fime to Enable Remote Card & Mobile App Testing with Cloud-Based Tool
Fime has continued its mission to evolve and digitize testing processes with the launch of its fully cloud-based, automated test tool, Global+. The new tool is qualified to validate Level 2 card and mobile
Gibraltar Extends Regulatory Guidelines for Digital Asset Exchanges
- 4 years 4 months ago
- Cryptocurrencies
As warnings intensify for the regulation of digital assets across the UK and Europe, Gibraltar is adding to its already regulated digital ledger technology (DLT) framework with the development of a ‘10th Core Principle’, specifically for digital asset exchanges.
Volante Extends Collaboration with Citi for Global ISO 20022 Migration
- 4 years 4 months ago
- Payments
Volante Technologies, the global leader in cloud payments and financial messaging, and Citi Treasury and Trade Solutions (Citi) are deepening their longstanding relationship to accelerate the bank’s adoption of the ISO 20022 financial messaging standard across its global payments operations.
Worldline and Gold Global SA to Launch the "DaVinci Gold" Token
- 4 years 4 months ago
- Blockchain, Payments
Worldline [Euronext: WLN], the European market leader in payment and transactional services, has announced a strategic co-operation with Gold Global Currency Corp. SA (“Gold Global”), to offer the DaVinci Gold token based on Worldline’s stablecoins management infrastructure. This initiative further expands the capability of Worldline’s Digital Asset Management (DAM) platform and will assist towards fulfilling the company’s goals to be in the... more
Paydock and Azupay Team up to Deliver New Payments Platform Powered Payments for Digital Merchants
- 4 years 4 months ago
- Payments
Paydock, an enterprise-grade payments orchestration platform, is delighted to announce its strategic partnership with Australian fintech Azupay to support its New Payments Platform (NPP) powered payments infrastructure.
CoinDCX Eyes Mass Adoption Among Novel Crypto Investors; Launches CoinDCX Go
- 4 years 4 months ago
- Cryptocurrencies
In a bid to help novel investors adopt cryptocurrency as a potential asset class, CoinDCX - India’s largest and safest cryptocurrency exchange has launched CoinDCX Go - the simplest and the most secure place to buy and sell bitcoin and cryptocurrencies. The exchange eyes mass adoption among beginner investors in crypto especially millennial and Gen Z and aims to onboard 50 million Indians.
Fingerprints Global Survey Finds Strong Consumer Appetite for Biometric Payment Cards With 51% Ready to Switch Bank for One
- 4 years 4 months ago
- Payments
The need for safer and more touchless ways to pay has escalated and consumers are embracing contactless cards as the preferred means of payment, with 77% using them regularly in-store. However, in parallel with the increased use of contactless are rising security and usability concerns. The pandemic has rapidly changed the way we pay and our attitudes towards how we want to pay in the future.
Malawi’s NBS Bank Launches Ecommerce Platform and Online Payment Gateway With Network International
- 4 years 4 months ago
- E-Commerce, Payments
NBS Bank, a leading commercial bank in Malawi, launches its state of the art e-commerce platform, powered by Network International (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East.
PayComplete New Cash Handling Brand from SUZOHAPP Announces its Global Launch
- 4 years 4 months ago
- Payments
PayComplete, the new brand and identity of the cash handling division of SUZOHAPP announced its launch today. This new brand will invest in what is an Internet of Things (IoT) platform for broader financial transactions, running both on PayComplete’s native devices and others.
GM, Goldman Sachs and Mastercard to Collaborate on New Credit Card Programs
- 4 years 4 months ago
- Payments
The Goldman Sachs Group, Inc. (NYSE: GS) and General Motors Co. (NYSE: GM) along with Mastercard (NYSE: MA) announced today the formation of a multi-year relationship for co-branded rewards-based credit cards. Goldman Sachs will be the issuing bank for GM’s credit card programs, with a targeted start of September 2021. Mastercard will remain network of choice for the offerings. Current cardmembers will see no changes to their card accounts prior... more
5 B2B Finance Trends to Watch in 2021
- 4 years 4 months ago
- Payments