Electronic Payments at the Epicentre of Industry Transformation says PwC Report
- 5 years 1 month ago
- Payments
The financial-services industry is in the midst of a significant transformation, accelerated by the COVID-19 pandemic. Given the key role digitisation plays in the financial lives of more and more of the world’s population, electronic payments are at the epicentre of this transformation.
BNY Mellon’s New Solution Leads the Digital Bill-Pay Revolution
- 5 years 1 month ago
- Investment, Payments
BNY Mellon today announced that it has launched a first-of-its-kind real-time electronic bill (e-bill) and payment solution. Displacing the inefficient and antiquated process historically used to handle the majority of the 15 billion bills paid in the U.S. annually, this pioneering capability enables U.S. businesses to present digital bills to their consumer clients in real-time and receive instant payment via the consumers’ preferred online and... more
Fall in Global ATM Installed Base Following COVID-19 Disruption and Growth of Cashless Payments
Financial inclusion measures and the ongoing need for cash led to a rise in ATM numbers in almost half of all countries, but overall, the global ATM installed base fell slightly in 2020 Cash remains the most widely used method of payment in many countries
FSS Enhances Prepaid Multi-Currency Card Offering
- 5 years 1 month ago
- Management, Payments
FSS (Financial Software and Systems), a globally leading provider of integrated payment products and a payments processor, has introduced significant enhancements to its prepaid multi-currency card offering, aimed at providing greater choice, security, and convenience to international travellers.
Igoria Trade Chooses Nets to deliver Secure Multicurrency Experiences
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month ago
- Payments
Payments fintech company EBANX has announced today EBANX ONE, its ultimate payments solution for global companies in Latin America.
