Tink Expands Open Banking Payments Services to Five New Markets
- 4 years 5 months ago
- Open Banking, Payments
Tink, Europe’s leading open banking platform, has announced the expansion of its open banking payments services to five new markets across Europe. Its Payment Initiation Services (PIS) product is now live in the Netherlands, Norway, Estonia, Finland and Latvia. Tink operates in 18 markets in total across Europe, connecting to over 250 million bank customers.
Emerging Economies Outpace Developed Nations in Real-Time Payments Modernization – Boosting Global Economic Growth – ACI Worldwide Report
- 4 years 5 months ago
- Payments
118.3 billion real-time payment transactions were made globally in 2021 – a YoY growth of 64.5 percent – set to rise to 427.7 billion in 2026, according to GlobalData · Real-time payments are forecast to help generate additional GDP of US$173 billion by 2026, up from US$78.4 billion in 2021 – according to a Cebr economic impact study of 30 of the world's largest economies, including both industrialized and developing nations
Volume Raises $2.4m to Drive Online Payment Fees to Zero
- 4 years 5 months ago
- Payments, FinTech StartUps, IT Innovations
Volume wants to bring an end to the “hidden internet tax”, which is the 2%-8% that debit and credit card, ewallet and BNPL facilitators take for every online transaction Volume is the first to leverage the Variable Recurring Payment mandate to significantly speed up open banking-enabled direct account-to-account (A2A) online payments and do away with those 2%-8% costs
Truelayer Creates Innovative Payment Options With Industry’s First VRP API for Sweeping and Non-sweeping
- 4 years 5 months ago
- Payments, IT Innovations
TrueLayer’s Recurring Payments API is now available for customers to use for both sweeping and non-sweeping use cases. Non-sweeping is a fast, secure and low cost payment alternative to Direct Debit and debit cards and goes beyond what is mandated by regulation. Multiple businesses due to go live with sweeping and non-sweeping payments imminently.
Evolve Bank & Trust Joins Newly Launched Banking-as-a-service Association
Evolve Bank & Trust ("Evolve"), a leading financial technology solutions provider, announced today it has joined the newly launched "Banking-as-a-Service (BaaS) Association." The group was formed by "Bankers Helping Bankers," a bankers-only social+platform for collaboration and education.
Nium Signs Definitive Agreement to Acquire Socash
- 4 years 5 months ago
- Payments
Nium, the global platform for modern money movement, today announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a thriving network that allows consumers to deposit, withdraw, and make payments with cash from more than 30,000 local shops, cafes, and grocery stores.
NIFT and M10 Networks Partner to Power Digital B2B Payments in Pakistan
- 4 years 5 months ago
- Payments
The National Institutional Facilitation Technologies (NIFT) of Pakistan and M10 Networks today announce a partnership aimed at facilitating digital B2B payments within Pakistan and enabling low-cost, secure, and instant cross-border transfers.
Equicom Savings Bank Goes Live with FSS Secure 3D
- 4 years 5 months ago
- Payments
FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor announced that Equicom Savings Bank (EqB) - one of the leading banks in the Philippines has successfully deployed FSS Secure3D, an intelligent payment authentication solution which can identify higher risk transactions, to provide cardholders an added security layer for online payments and red
Going Cardless Reduces Payment CO2 Emissions by Over 75%
- 4 years 5 months ago
- Payments
As the world enters a pivotal period in the fight against climate change and the biodiversity crisis, UK consumers are gearing up to play their part. New research reveals that two-thirds (65%) of Brits are now more conscious about how their consumption patterns affect the environment, compared to two years ago. During that time, 67% of people pared back their use of plastic bags, 45% reduced their energy consumption, and 34% ate less meat.
Pemo Launches All-in-one Spend Management Platform
- 4 years 5 months ago
- Payments
Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP), announced today that it has launched its all-in-one spend management platform. Pemo offers fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards, for small and medium-sized enterprises (SMEs) in the region.
CellPoint Digital Partners with MTC Game
- 4 years 5 months ago
- Payments
CellPoint Digital, a leading global provider of digital commerce and payment solutions, today announces a partnership with global e
Nexio Partners with Chargebacks911
- 4 years 5 months ago
- Payments
A leader in payment orchestration, Nexio today announces that it has partnered with Chargebacks911 – the leading dispute technology specialists.
Mastercard Launches Next-generation Identity Technology with Microsoft
- 4 years 5 months ago
- Payments
Mastercard on Monday announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corp.
Shufti Pro Partners with Banxy to Create a Seamless Customer Onboarding Experience
IDV provider Shufti Pro today announced that it has entered into a strategic partnership with the mobile bank, Banxy, to offer seamless customer onboarding. UK-based Shufti Pro, an innovator in identity verification solutions, today announced that it has entered into a strategic partnership with the leading Algerian mobile bank, Banxy, to provide a frictionless and secure onboarding experience for new and existing clients.
Fingerprints’ Shaping the Future of Payments, Supporting Two Additional Commercial Launches of Biometric Payment Cards in the MENA Region
- 4 years 5 months ago
- Payments
World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) is honored to share that its technology will be used and be a part of at least two new commercial biometric payment card launches in Morocco, announced by two of Morocco’s largest banks. Late last year, Fingerprints communicated that its biometric solution is used in a biometric payment card launch in Jordan.
