Econombank Migrates To Compass Plus To Ensure Fast And Secure MIR Card Processing
Econombank, the largest bank in the Saratov region of Russia, has migrated its card processing business to the Compass Plus Processing Centre. The two companies worked closely together throughout the migration process, ensuring a smooth transition and the non-stop operation of the bank’s services. By utilising Compass Plus Processing Centre infrastructure, Econombank can now issue its customers with MIR cards. The cards can be used to make fast... more
MYHSM joins Forces with STS Payments to Deliver a Secure Payments i\Infrastructure for Merchants Worldwide
- 5 years 3 months ago
- Payments, Security, Compliance
STS Payments employs MYHSM’s secure and versatile HSM as a service to securely accept and process cardholder present transactions MYHSM by Utimaco, today announces it has partnered with STS Payments, a leading payments acceptance software specialist, to deliver a complete and secure payment solution.
Porter Airlines Partners with Worldline Offering WeChat Pay and PayPal
- 5 years 3 months ago
- Transaction Banking, Payments
Worldline, the European leader in the payments and transactional services industry and number 4 worldwide, today announced it has partnered with Porter Airlines to offer popular digital wallets, namely WeChat Pay and PayPal, for bookings through the airline’s website.
RemitONE Integrates With Vyne For Fast, Cost-Effective Money Tansfers
Integration offers 100+ remittance businesses access to Vyne’s Open Banking payments platform Vyne, the specialist account-to-account payments platform, today announces its integration with the leading global, technology and business services firm for the remittance world, RemitONE.
PayU Partners with Visa to Enable Push Payments for Businesses in Europe
- 5 years 3 months ago
- Payments, e-Payments
PayU, an online payment service provider for emerging markets operating on four continents, announced that it will enable push payments in partnership with Visa, a global leader in digital payments.
Klarna Launches £3M Support Package and Accelerator Program to Support SME Recovery
- 5 years 3 months ago
- Payments, Banking, IT Innovations
Klarna today launches a £3m Small Business Support Package to help 100 retail SMEs get back on their feet As new research reveals 46% of SME owners’ main priority is to simply survive next six months with 38% worried that their business won't survive the pandemic Personal toll is clear with 44% of senior managers feeling COVID related business struggles have negatively impacted their mental health
Leading Payment Processor VizyPay Hires Director of Business Development to Oversee and Expand Industry Partnerships
- 5 years 3 months ago
- Payments
VizyPay, an award-winning leader in the payment processing industry for small businesses, today announced the promotion of Kyle McCann to Director of Business Development. The brand new position will focus on driving the business forward through the expansion of vendor partnerships.
Internal Payments Fraud On The Rise And Costing SA Businesses
- 5 years 3 months ago
- Payments
South African businesses, already under severe economic strain, are now counting the costs of rapidly increasing internal payments fraud. According to Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider, the number of recent high-profile cases before the courts only partly reflects the true scale of the problem.
GoCardless Appoints Alexandra Chiaramonti as General Manager of Southern Europe
- 5 years 3 months ago
- Payments, People Moves
GoCardless, a global fintech in account-to-account payments, has appointed Alexandra Chiaramonti as General Manager of Southern Europe. Chiaramonti will sustain GoCardless' rapid growth in the region by continuing to hire top talent to strengthen and accelerate the company's presence in its existing French market -- where it has tripled its customer base since opening its Paris office in 2018 -- as well as leading its expansion in the region.
Ripple Launches On-Demand Liquidity with SBI Remit To Accelerate and Grow Cross-Border Payments from Japan
- 5 years 3 months ago
- Blockchain, Payments, Cryptocurrencies
Partnering with Coins.ph and SBI VC Trade, SBI Remit Will Deliver A Superior Customer Experience With Faster and Cheaper Remittances Starting in the Philippines
Philippines Payments Provider Paymaya Signs Iliad Solutions for Payments Testing
- 5 years 3 months ago
- Payments, e-Payments
Paymaya, the leading, mobile money and payments provider in the Philippines has chosen Iliad Solutions as its payments testing supplier. Iliad Solution’s products and services, used by leading financial institutions around the globe, help to minimise the risk when deploying new payments technology, reducing the costs associated with testing and improve the speed of launching new systems.
EasySend Partners with PSCU to Swiftly Digitize and Enhance Customer Experience
- 5 years 3 months ago
- Payments
EasySend, a no-code platform for building and optimizing digital customer journeys, announced a partnership with PSCU, the United States’ premier payments credit union service organization (CUSO). The partnership will integrate EasySend’s platform into PSCU’s back-end systems, helping to export and import data.
Comment on Lloyds Commercial Banking Rolling out New Service for Payments Directly on an Organisations Website
- 5 years 3 months ago
- Payments
Okan Ozaltin, GM Payment Solutions, Signifyd; "As consumers increasingly adopt APM (alternative payment methods) for online transactions, potential lower transaction costs and instant receipt of funds are making some bank-to-bank payment methods popular with merchants.
Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups
- 5 years 3 months ago
- Payments, FinTech StartUps
From creating a marketplace for non-fungible tokens (NFTs) to building an air-gapped cold vault to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow.
PayPal Accounts for Nearly Half of All Digital Wallet Complaints in the US, Almost 4,500 in the Last Four Years
- 5 years 3 months ago
- Payments
Over the last four years, consumer complaints about digital wallets and mobile payment apps in the United States surged as more and more Americans choose cashless payments. Between April 2017 and April 2021, the US Consumer Financial Protection Bureau received nearly 9,300 complaints related to mobile or digital wallets, and the majority of them aimed at one platform.
