Over 1,000 Banks Across The World Use RMB For Payments With China And Hong Kong
- 9 years 10 months ago
- Payments
Recent SWIFT data shows that the growth in RMB payments is supported by an increasing number of banks. In May 2015, 1,081 financial institutions used the RMB for payments with China and Hong Kong, representing 35% of all institutions exchanging payments with the latter across all currencies. This is a 22% increase in the number of institutions using the RMB and a 6% increase in adoption, up from 29% two years ago.
LendInvest Receives First European rating for a P2P Platform
- 9 years 10 months ago
- Payments
LendInvest has confirmed that it has received the first European rating from a regulated credit rating agency for a peer-to-peer platform.
Saxo Payments To Co-operate with Allied Wallet for Global Expansion
- 9 years 10 months ago
- e-Payments
Global transactions services provider, Saxo Payments, has partnered with Allied Wallet, an online payment processing and global merchant services solutions provider to support its plans for exponential market growth.
Ireland To Cancel 1c and 2c coins
- 9 years 10 months ago
- Payments
The Central Bank welcomes the decision by the Government to rollout the rounding of 1c and 2c coins nationally. This follows a successful trial that was conducted by the National Payments Plan in Wexford in 2013. The Central Bank will now assume responsibility for the project. Details of how rounding will be implemented have yet to be finalised but it is anticipated that it will be rolled out in the next few months. The key features of rounding... more
Visa Mobile Contactless Accredited FIME Korea
- 9 years 10 months ago
- Payments
Having supported the Korean market with EMVCo Level 1 compliance services for a number of years, FIME’s Korean secure chip test laboratory is now approved to test compliance of mobile handsets, chipsets and near field communication (NFC) antennae to Visa’s Level 1 specifications.
EMP Launches Online Fraud Prevention Services
- 9 years 10 months ago
- Payments
Emerging Markets Payments (EMP), the leading payments processessing company in Africa and the Middle East, has today launched its EMP Online Fraud Prevention Services.
Industry-leaders join forces to install cash recycling functionality in ATMs in North America
- 9 years 10 months ago
- ATMs
Nautilus Hyosung America (Hyosung), the #1 provider of ATMs in the United States and market leader in Branch Transformation solutions, today announced a partnership with Elan Financial Services (Elan), a leader in electronic funds transfer (EFT) processing, to provide banks and their customers with a co
WorldRemit Wins Prestigious Award Issued By United Nations Agency
- 9 years 11 months ago
- Payments
IFAD, a United Nations agency, today recognised WorldRemit’s role in shaking up the global money transfer industry. International Fund for Agricultural Development (IFAD), which focuses on agricultural development and financial inclusion, named WorldRemit winner of its 2015 private-sector award for Best Practice in Remittances for Development, ahead of fourteen other nominees.
The Emerging Payments Association Launches The World’s First Dedicated Payments Incubator: The Catalyst
- 9 years 11 months ago
- Payments
The Emerging Payments Association (EPA) today announces the launch of its incubator for early stage payments companies, the Catalyst. The Catalyst provides access to investors, workspace, mentors and commercial partners in association with MasterCard and The Bancorp. The Catalyst beneficiaries – its ‘Rising Stars’ - are new entrants to the fintech industry, mostly founder-owned and with a combined investment and revenue between £0.5m and £2m in... more
Elliptic announces the Bitcoin Big Bang – A breakthrough in bitcoin anti-money laundering
- 9 years 11 months ago
- Cryptocurrencies
Elliptic, the bitcoin analytics and security firm, today announced a breakthrough in bitcoin transaction monitoring and compliance. In an industry first, the company has launched ‘The Bitcoin Big Bang’, an interactive visualisation that plots the emergence and interconnectivity of the key players in bitcoin since its genesis in 2009.
ICA Banken And Oberthur Technologies To Launch Dual Interface Payment Cards in Sweden
- 9 years 11 months ago
- Payments
Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, and ICA Banken - the first Swedish bank to do so - announce the launch of the first Dual Interface payment cards in Sweden.
Moneris and Powa Technologies join forces to offer merchants next-generation sales solution
- 9 years 11 months ago
- Payments
Moneris Solutions Corporation (‘Moneris’), one of North America’s largest processors of debit and credit payments, announced today it will be entering into a relationship with Powa Technologies (‘Powa’) to be the preferred Canadian provider of PowaTag, a unique mobile solution that extends the world of online commerce to traditionally offline environments.
Paying Bills Should Be As Easy As Taking a Photo
- 9 years 11 months ago
- Payments
Virtusa, a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, is meeting the rising demand for instant payment solutions amongst banking customers, with innovative apps such as its
ANZ Partners with CR2 to Accept UnionPay Bank Cards at its ATMs and Merchant Terminals
- 9 years 11 months ago
- Payments
CR2 is delighted to announce that it has successfully completed a project with ANZ to enable the acceptance of UnionPay cards through the ANZ ATM and merchant terminal POS networks. ANZ is a leading super-regional bank represented in the key markets of Australia and New Zealand, Asia and the Pacific with more than 5 million customers and assets of over AUD$247 billion. UnionPay is the world’s fastest growing global payment network, operating in... more
Chip & PIN Solutions selects TNS’ GWA
- 9 years 11 months ago
- Payments
Chip & PIN Solutions, a leading UK based terminal provider with over 10 years’ experience within the payment industry, has chosen TNS’ Global Wireless Access (GWA) Roaming SIM and MIS solutions to boost its future growth. The company, established in 2004, supplies thousands of mobile card payment terminals to a broad range of businesses, from sole traders to blue chip companies, with an impressive existing customer base including Virgin... more
