Conversation on Crypto: Adoption, Regulation & Implications for Finance’s Future
- 2 years 7 months ago
- Cryptocurrencies
Digital assets started as an alternative currency and investment after the 2008 financial crisis that saw people lose faith in the government and banks. The highest adoption of digital assets was experienced in 2021, following the covid-19 pandemic. During the pandemic, almost all businesses had to operate online; introducing contactless payments. Several stores ended up accepting crypto as means of payment.
CBA Delivers Competitive Head Start to User Banks with SWIFT ISO 20022 Readiness
- 2 years 7 months ago
- SWIFT
As banks around the globe grapple with major upheaval in the way they will need to operate, Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that it has completed the roll-out of the latest version of its IBAS GBF – Global Banking Factory solution – readying all its customers for full compliance with the new SWIFT ISO 20022 message standards (MX messages). These are due to come into effect from 21st November... more
2022 Payments Innovation Jury Split on BaaS and Unconvinced by CBDCs
- 2 years 7 months ago
- Payments
The Payments Innovation Jury today releases its 2022 global report titled: “Payment Innovation: Myths and Realities”, which reveals some surprising insights from senior decision makers across the industry. The 2022 report explores several key areas where payment innovation is currently focused, including A2A payments and BNPL, what actually drives innovation, and which areas of innovation are most overhyped.
Ecospend Partners with QR-code-Based Payment Service App Peng
- 2 years 7 months ago
- Payments
Ecospend, the UK’s leading Open Banking payment provider, today announces its partnership with the QR-code-based payment services app, PENG.
Circle Announces Acquisition of Elements to Accelerate Crypto Payments
- 2 years 7 months ago
- Payments
On stage at Converge22 today, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform. The announcement includes plans to quickly scale payment offerings to unlock utility value for crypto and lower the barrier of entry for merchants to access next-gen payments and financial services.
CellPay and Klarna Have Partnered to Offer Consumers More Flexible Payment Options
- 2 years 7 months ago
- Payments
CellPay and Klarna have partnered to offer consumers more flexible payment options.
Societe Generale Announces the Proposed Acquisition of Payxpert
- 2 years 7 months ago
- Payments
As a recognised and long-standing player in all aspects of merchant services and card payments’ processing in France, Societe Generale provides both online and in-store payment solutions.
HPS Partners with Visa to Fast-track Access to the Scheme’s Payments Network
- 2 years 7 months ago
- Payments
HPS, the leading global provider of payment solutions and services, today announces it has obtained a principal membership license from Visa, the world leader in digital payments, which will enable HPS’ clients to join the global Visa payments network.
Fintech Paylink Solutions Launches New Website to Coincide with Release of Next-Generation Embark Affordability Software
- 2 years 7 months ago
- Payments
It’s an exciting time for fintech Paylink Solutions, which has recently launched not only the next generation of its market-proven affordability software but a new website too. Paylink Solutions is the UK’s most experienced provider of customer affordability software. From industries including lending to collections right through to utilities, Paylink’s flagship product Embark helps create intuitive and automated customer journeys.
Barclaycard Finds SCA Leads to Drop in Online Card Fraud, but Non-compliance is Costing British Retailers £2.07M in Sales Per Day
- 2 years 7 months ago
- Payments
200 days on from the mandatory introduction of Strong Customer Authentication (SCA), new research by Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, uncovers the impact of the regulation on UK businesses. SCA requires shoppers to provide two-factor authentication to complete online purchases and was introduced to help fight the £238.6m of online fraud committed in the UK each year.
Letus, Formally RentMoola, Embeds BlueSnap Payments to Facilitate Rental Transactions
- 2 years 7 months ago
- Payments
BlueSnap , a global payment orchestration platform whose embedded payments solution is used by many leading SaaS platforms, today announced Letus has selected BlueSnap to power payments for their cloud-based platform for the property rental
Square Launches Tap to Pay on iPhone for US Sellers
- 2 years 7 months ago
- Payments
Square today launched Tap to Pay on iPhone to its millions of sellers across the U.S. Available within the Square Point of Sale iOS app, Tap to Pay on iPhone lets sellers of all sizes accept contactless payments directly from their iPhone, with no additional hardware required and at no additional cost to the seller.
Gen Z at Highest Risk from Buy-Now-Pay-Later Identity Fraud
- 2 years 7 months ago
- Payments
With high inflation and the cost-of-living crisis pushing people towards increased borrowing*, research by GBG, the experts in digital identity, has uncovered that people applying for buy-now-pay-later (BNPL) accounts are less likely to be subject to affordability checks.
BharatPe’s POS Vertical Hits Profitability in 2 Years of Launch
- 2 years 7 months ago
- Payments
BharatPe, India’s leading fintech company, today announced that it has achieved an important milestone on its road to profitability with BharatSwipe, the company’s POS business turning profitable. BharatPe has achieved this milestone 2 years of the launch of the product. The company also shared that this is the fastest-ever launch to the profitability story of any brand in the POS category in the country.
Worldline India Launches Paytech Pioneer Programme
- 2 years 7 months ago
- Payments
Worldline India, a leader in digital payment services today announced the launch of Paytech Pioneer Programme to onboard some of India’s best Engineering Talent from college campuses across the country.
