Younger Generations Drive UK Alternative Payment Method Adoption for Online Transactions
- 5 years 6 months ago
- Payments
As the migration away from traditional payment methods in the UK accelerates, younger generations are leading the adoption of alternative payment methods (APMs) such as bank transfers and e-wallets, reveals a new study from PPRO. According to the findings, 42% of Millennials (born between 1980-1993) and 35% of Generation Z (born between 1994-2001) feel confident using, or have used, these methods of payment before.
Sokin Links Into Currencycloud to Strengthen Its Global Payments Network
- 5 years 6 months ago
- Payments
Sokin, the new generation fintech payment firm, has announced it will be integrating Currencycloud’s local payment rails as part of it’s easy to use, low cost subscription-based money transfers service in over 150 countries, with 35 different currency options. Sokin has developed a market leading proprietary global payments network for B2B customers which offers a simple app, or online-based platform which allows multiple transfers with no... more
Customer Expectations Driving Growth in Automated Deposit ATMs Worldwide
- 5 years 6 months ago
- ATMs
Automated deposit terminals (ADTs) offer a range of benefits for banks, but are also increasingly sought after by customers looking to make quick and convenient transactions Automated deposits have become the standard in many cash-heavy markets
One in Three UK Consumers in Favour of Increasing Contactless Spending Limit
- 5 years 6 months ago
- Payments
One in three UK consumers (32 percent) would like to see a further increase of the current £45 contactless spending limit, according to a YouGov survey of more than 2,000 UK consumers commissioned by ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payments software and solutions. Among those in favour of an increase, 40 percent say they want the limit to increase to £100.
VibePay Sets Sights on Growth With Integration of More UK Banks and New Business Accounts
VibePay is continuing on its ambitious path of growth, with the integration of more UK banks and payment providers via open banking, and a business account function in its newly launched social payments app. With 24 banks now integrated with the app, including new additions Starling, Capital One and Tesco, VibePay is aiming to boost engagement with its 50,000 users and drive more sign-ups amongst its Gen Z audience.
Mswipe Launches “Bank Box” to Revolutionize the Digital Payment Landscape for SMEs
- 5 years 6 months ago
- e-Payments
Mswipe announced today the launch of Bank Box, a digital acceptance and payment solution designed to meet the cost-centric needs of MSMEs and merchants, as well as provide for a seamlessly integrated experience. Through this launch, Mswipe aims to pave the way for a futuristic payment solution platform and address key challenges that merchants and MSMEs face, with recurring costs on POS terminals like PoS rentals and Merchant Discount Rate (MDR).
Introducing Alchemy Supernode: The Industry Leading Ethereum API
- 5 years 6 months ago
- APIs, Blockchain, Cryptocurrencies
Alchemy, the world’s leading blockchain developer platform, has today introduced Alchemy Supernode, the industry leading Ethereum API with supercharged reliability, data correctness, and scalability for running world-class applications on the blockchain.
‘Stake’ by India-based Exchange, CoinDCX will now help investors earn passive income
- 5 years 6 months ago
- Cryptocurrencies
CoinDCX, India’s largest and safest cryptocurrency exchange, has announced the launch of ‘Stake by CoinDCX’ which went/goes live on August 7th. The platform will now help investors earn passive income on their crypto holdings in the form of staking rewards supported by partner Proof of Stake (POS) blockchains.
PayNearby announces partnership with Sub-K Impact Solutions; enables access to loan repayment options through its retail network
India’s largest agent banking platform, PayNearby is happy to formally announce its partnership with Sub-K Impact Solutions Ltd (Sub-K), a leading player facilitating loans, savings and payments to underbanked households and micro-enterprises. The partnership will work towards enhancing shared goals of the two organizations, who are committed to enabling financial inclusiveness and economic wellbeing of the country’s masses.
Banking Circle secures five finalist places at 2020 Emerging Payments Awards
Banking Circle, the financial infrastructure provider to Payments businesses and Banks has secured 5 finalist slots in the 2020 Emerging Payments Awards. Designed to celebrate innovation, collaboration and emerging payments, the Emerging Payments Awards recognise companies that have made significant advances in how businesses and individuals pay.
Worldline unites corporations and Fintechs for its 3rd e-Payments Challenge in September
- 5 years 6 months ago
- e-Payments
Worldline [Euronext: WLN], the European market leader in payment and transaction services, is proud to announce it will be hosting the third edition of its e-Payments Challenge, to take place in an innovative fully virtual format for the first time ever on 17-18 September 2020.
Starling, TranSwap and Remitr among first wave to sign up to Currencycloud Spark
- 5 years 6 months ago
- Payments
New solution provides global multi-currency accounts to Fintechs and FIs
Tinkoff launches charitable scheme ‘Cashback to Give Back’
- 5 years 6 months ago
- Payments
Tinkoff is happy to announce the launch of its new charitable scheme Cashback to Give Back. The aim of the project is to help get more people donating to worthy causes in Russia. The scheme allows Tinkoff customers to transfer any cashback they receive directly to some of Russia’s biggest charities.
PPRO announces 85% volume growth despite pandemic, accelerates plans with new investment from Sprints and Citi
- 5 years 6 months ago
- Covid-19, E-Commerce, Payments, PaaS
PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year, highlighting the exponential opportunities for cross-border e-commerce amidst the COVID-19 pandemic. Due in part to a massive digital shift in e-commerce consumer behaviour, PPRO is now processing an annual run rate of USD 9bn in payment transaction volume.
Absa ARO Completes Fully Virtual Implementation as It Moves to Fiserv for Card Management and Processing Across Nine African Nations
- 5 years 6 months ago
- Payments
Fiserv, Inc. (NASDAQ: FISV) a leading global provider of payments and financial services technology, today announced that Absa Regional Operations (ARO) has moved to Fiserv to support credit card management and processing in nine African nations.
