Orka Technology Group introduce new pay advance platform
- 4 years 11 months ago
- Payments
Manchester based staff tech group, Orka has announced the launch of their next innovative product, Orka Pay. Orka Pay allows hourly paid workers to withdraw a percentage of their wages as soon as they’ve worked a shift, so there’s no more waiting until payday or taking out high-interest loans. The platform is app based, allowing workers to choose how much they want to withdraw from their available balance, facilitated by full integration with... more
Samsung Reveals the new Samsung Pay Card, powered by Curve
- 4 years 11 months ago
- Payments
Samsung Electronics Co., Ltd has today announced a new partnership between Samsung Pay, the digital banking platform Curve, one of Europe’s leading fintechs, and Mastercard to launch the Samsung Pay Card.
CoinCorner comments on rumours around a possible new Bitcoin service by PayPal
- 4 years 11 months ago
- Bitcoins
Danny Scott, CEO at CoinCorner, commented: “Rumours have been circulating that PayPal is rolling out a service that will allow its 325 million customers to buy and sell Bitcoin. Until now, PayPal has seemingly shown no interest in Bitcoin - founding CEO, Bill Harris has even publicly denounced Bitcoin in the past.
Cost-cutting to accelerate outsourcing of payment processing by acquirers
- 4 years 11 months ago
- Payments
Great diversity exists in payments processing arrangements across Europe, with further outsourcing by acquirers forecast Ways of connecting with card scheme networks vary significantly by country
FIME accelerates open banking API innovation & compliance with automated test solution
- 4 years 11 months ago
- Open Banking, Payments, Compliance, Consultancy
FIME has released a new version of its automated open banking API test solution, TrustAPI+, including support for The Berlin Group, one of the largest open-access API standards.
EQ partners with Encompass to bolster KYC offering
- 4 years 11 months ago
- Artificial Intelligence, Payments, AML and KYC, Data
EQ (Equiniti), an international technology-led services and payments specialist, is delighted to announce that it has partnered with Encompass to further bolster its KYC proposition. EQ will work with Encompass to automate and use artificial intelligence to analyse data that helps build a dynamic picture of a company or individual in just minutes, enhancing EQ’s technological capabilities alongside their fully managed service.
Equiniti rebrands as EQ
- 4 years 11 months ago
- RegTech, Investment Management, Payments
Equiniti, the international technology-led services and payments specialist, is delighted to announce that it is becoming EQ. EQ provides accessible digital services for regulated markets. It specialises in equity and investment products, pensions, payments and regtech, and performs administration and payment services for c.70 of the FTSE 100. The new label, EQ, aligns the company’s branding with its three core divisions: EQ Paymaster, EQ... more
Clearhaus Partners with Spanish fintech PaynoPain
- 4 years 11 months ago
- Payments
The financial institution Clearhaus has announced partnership with the popular Spanish fintech PaynoPain. Now, Clearhaus, licensed to operate in Europe, will be providing payment rails for parts of PaynoPains transactions on the continent. PaynoPain performed more than 36 million transactions in 2019. “Just like us, Clearhaus is known for its innovative technological capacity at an international level. We believe our collaboration will clearly... more
Checkout.com triples valuation to $5.5bn in Series B fundraise
- 4 years 11 months ago
- Payments
Leading global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a $150m Series B funding round, tripling the value of the online international payments business. The $5.5bn valuation reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels. Checkout.com’s online transaction numbers had already increased by... more
Ingenico takes Russian eCommerce by storm reaching 1 billion USD in transactions in the first 18 months
- 4 years 11 months ago
- E-Commerce, e-Payments
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today reveals that within 18 months of going live, its Russian Payments Solution has outperformed all expectations with impressive payment volumes and customer adoption.
Ripple announces PayID and Open Payments Coalition
- 4 years 11 months ago
- Payments
Today, leading technology, finance and nonprofit companies join forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving money globally – across any payment network and any currency. GoPay, Ripple, Blockchain.com, BitPay, Brave, Flutterwave, Mercy Corps and others have collaborated on the development of PayID through the Open Payments Coalition, a multinational alliance of industry leaders.
Worldpay from FIS Enables Instant Payments from Your Bank Account through Open Banking Hub
- 4 years 11 months ago
- Open Banking, Payments
FIS® (NYSE: FIS), a global leader in merchant and financial services technology, today announced Open Banking Hub, an innovative new payment solution for its Worldpay merchant clients and their consumers. Merchants who enable this digital bank account payment method in their online stores can allow their consumers to pay for purchases directly from their bank account, while also allowing consumers to view their bank account balance in real time... more
Money Dashboard Chooses Token For Payments Capability
- 4 years 11 months ago
- Open Banking, Payments
Leading open banking infrastructure provider, Token.io, and the award-winning personal finance management tool, Money Dashboard, today announce that Token PayTM has been integrated into the new Money Dashboard app to power a range of smart open banking payment services for users. The integration enables thousands of UK consumers to initiate instant, low cost account-to-account (A2A) transfers from within the app.
Bottomline 2020 Business Payments Barometer reveals: businesses incur greater losses year-on-year due to payment fraud
- 4 years 11 months ago
- Payments, Fraud Detection
Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, revealed today that 58% of financial decision makers in businesses surveyed across Great Britain view financial loss due to payment fraud as ‘part and parcel of running their business.’ Of those surveyed, 81% were unable to recover more than half of their losses caused by fraud, a figure which rises to 88% for small... more
Mastercard Powers Faster, Seamless Online Shopping Experiences for Amazon Customers
- 4 years 11 months ago
- E-Commerce, Payments, Data
More and more consumers are going online to purchase everything from groceries and food delivery to home improvement goods, apparel and entertainment; as they do, merchants are focused on providing an increasingly seamless experience. Today, Mastercard announced that Amazon customers in 12 countries across North America, Latin America, Middle East and Europe will have their stored card credentials tokenized. By replacing a consumer’s physical... more
