Finzly CEO Booshan Rengachari Named to U.S. Faster Payments Council’s Board Advisory Group
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced that the company’s CEO and founder, Booshan Rengachari, has been named a new member of the U.S. Faster Payments Council’s Board Advisory Group.
Contactless Payments to Double and Hit $1.6T Value by 2024
The COVID-19 has given contactless payments technology the boost it needed for widespread global adoption, as consumers worldwide started avoiding cash in fear of spreading the virus.
Mizrahi-Tehafot Bank Selects Finastra to Support Cross-border Payments
Finastra today announced that Mizrahi-Tehafot Bank, the third largest bank in Israel, has chosen its pre-packaged payments solution, Fusion Payments To Go. The solution, aimed at small and medium-sized banks looking to implement domestic and cross-border payment services, will enable the bank to offer its customers frictionless and immediate payments, with reduced, fixed implementation cost.
FSS Enhances Merchant Hub to Boost Business Efficiencies and Performance
- 5 years 5 months ago
- Management, Payments, Financial
FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payment processor, announced new enhancements to FSS Merchant Hub to maximize the value of the acquirer ecosystem for merchants through support for new transactional journeys and superior merchant service.
Bhairav Trivedi, CEO of Crown Agents Bank comments on Central Bank Digital Currencies
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Crypto Wallet Zumo Announces Major New Hire
- 5 years 5 months ago
- Payments
Zumo is pleased to announce that Liam Birch has joined the team as Senior Product Owner. Liam joins the Zumo team at a time of massive growth in the crypto space. He will be instrumental in leveraging the brand’s continued success as it moves past 50,000 users and launches the Zumo Convertible debit card.
Yimba and Railsbank Partner to Enhance Digital Wallet Services
Yimba a FAST (Fintech As a Service Technology) company, and
MoonPay Partners with Sumsub to Bolster its KYC Processes
- 5 years 5 months ago
- Payments, Cryptocurrencies
MoonPay, the global payments solution for cryptocurrency, has partnered with Sumsub, an identity verification platform to provide its 250 customers better compliance processes. The partnership will see MoonPay utilise Sumsub’s industry-leading compliance solution to create a stronger and safer Know Your Customer (KYC) and Know Your Business (KYB) processes for its global clients.
Three Highest-Valued US Startups Now Worth $208 Billion Following Stripe’s $95 Billion Valuation
- 5 years 5 months ago
- Payments, FinTech StartUps
Three Highest-Valued US Startups Now Worth $208 Billion Following Stripe’s $95 Billion Valuation Following its most recent funding round, Stripe became the most valuable private company in Silicon Valley. According to the research data analyzed and published by ComprarAcciones.com, the digital payments giant raised $600 million at a $95 billion valuation.
MYPINPAD Set to Transform Mobile Devices Into Payment Terminals Following Australian Payments Network Certification
- 5 years 5 months ago
- Payments, Security, Authentication Technology
MYPINPAD, a global leader in secure personal authentication solutions has received certification from the Australian Payments Network (AusPayNet), the self-regulatory body for Australian payments. Australian payment regulations stipulate that all new card-acceptance technology must undergo an evaluation to assess the security, integrity and network operability and be approved by AusPayNet prior to market deployment.
HSBC Switches to Recycled Plastic Payment Cards
- 5 years 5 months ago
- Payments, Credit Cards
HSBC is announcing a new programme to introduce sustainable payment cards across all its global locations. By the end of 2026 it will eliminate single-use PVC plastic, in favour of recycled PVC plastic (rPVC). The programme - which includes HSBC’s debit, credit and commercial cards - is part of the bank’s strategy to reduce its carbon emissions and achieve net zero in its operations and supply chain by 2030 or sooner.
Worldline Continues to Build its “payments Platform as a Service” (PPaaS) Solution, at the Heart of its Terminals, Solutions & Services Transformation Roadmap
- 5 years 5 months ago
- Transaction Banking, Payments
Worldline, the European leader in the payments and transactional services industry, today announces that it has completed the second phase of development of its new “Payments Platform as a Service” (PPaaS) solution. The commercial launch of PPaaS is scheduled for the second half of 2021, supporting the Group’s Terminals, Solutions & Services division’s (TSS) transformation towards being an ecosystem enabler and trusted technology partner in... more
TransferGo Defies Remittance Predictions with All-time Highs
- 5 years 6 months ago
- Payments, Money Transfers
TransferGo, one of the world’s fastest growing money transfer companies, today showcases the strength and importance of digital remittances by hitting new milestones in total transactions and in cross-border payment flows. It has now recorded over £3billion in international money flows and over 10 million customer transactions, demonstrating both its resilience and value in keeping its global migrant customers connected with loved ones during a... more
Citi Taps Mastercard Send™ to Expand Payment Exchange Capabilities for Clients in the U.S.
Integration of Mastercard Send™ provides the ability to transfer funds to debit and prepaid card accounts
Emerchantpay Uses Ai to Take a Tough Stance on Fraud Through the Ai Corporation’s Aifraud Managed Service
- 5 years 6 months ago
- Payments
Online payment fraud is becoming more prevalent due to a rise in online transactions during the global pandemic, with The City of London Police reporting online shopping fraud was up 42% in the UK from March 2020 to March 2021.
