Instant Payments a first step on the journey to real-time treasury, says Deutsche Bank
Deutsche Bank’s guide to Instant Payments shows global trends in their development and sets out how corporates can prepare for the future of payments and treasury. Over the past five years, Instant Payment schemes have been developed across the world, gaining the attention of consumers, banks, corporates and regulators. While initially making waves in the consumer-to-consumer space, Instant Payments have grown in global prominence for consumer-... more
Mastercard announces new partnership with sync. as it prepares to launch
- 5 years 6 months ago
- Payments
Mastercard today announces a new partnership with sync. as it prepares to launch a new all in one smart banking service across the UK and Europe.
Worldline and CashSentinel Join Forces to Enlarge Payment Solution Offering for WL Marketplace Payments
- 5 years 6 months ago
- Payments
Worldline, the European market leader in payment and transaction services and the escrow payment services provider CashSentinel have combined their expertise in order to provide a payment solution tailored to meet the complex requirements of Swiss and European online marketplaces. Worldline and CashSentinel have joined forces to offer a payment solution that fits the requirements of a wide variety of online marketplaces including traditional... more
Travelex Opens Five Currency Exchange Stores in Birmingham Airport
- 5 years 6 months ago
- Payments
Travelex, a Finablr company and market leading Foreign Exchange specialist, today announced the opening of five new currency exchange stores in Birmingham Airport. The opening of the new stores represents Travelex’s latest UK airport launch and follows a competitive bidding process. Travelex will be the sole foreign exchange provider at Birmingham Airport.
Vodacom Tanzania and WorldRemit Launch Mobile Money Transfers to M-Pesa Accounts in Tanzania
- 5 years 6 months ago
- Money Transfers
Leading digital money transfer service WorldRemit has partnered with Vodacom Tanzania to enable nine million M-Pesa customers to receive money directly to their M-Pesa wallets from friends and family living abroad. The new service increases convenience for money transfer recipients in urban and rural areas of Tanzania as they can receive international money transfers directly to their phones, without the need for a bank account or internet... more
Swedish Central Bank taps Accenture for e-krona Pilot
- 5 years 6 months ago
- Cryptocurrencies
Sweden's central bank is set to sign a deal with Accenture to develop a digital currency, dubbed the e-krona, in a test environment.
ICBC, Alibaba and Ant Financial Strengthen Fintech Partnership
- 5 years 6 months ago
- Payments
Giants in their own right, ICBC - the world's largest bank in terms of assets - will work with Alibaba and Ant Financial by leveraging their collective expertise in electronic payment settlement and cross border finance to promote the wider use of digital technology in financial services. The Chinese companies aim to improve the quality of fintech products and services with smart technologies and product innovation, expanding on the... more
Citi and PayPal Extend Partnership to Institutional Payments
- 5 years 6 months ago
- Transaction Banking, Payments
Citi (NYSE: C) and PayPal (NASDAQ: PYPL) have expanded their partnership to enable Citi’s institutional clients to make payments into customers’ PayPal digital wallets. The extended partnership brings together Citi’s large global network and client base of multinational corporations, financial institutions, and public sector organizations and PayPal’s vast two-sided network of consumers and businesses, delivering more choice and flexibility to... more
PXP Financial Empowers Scenic to Set Sail for a Seamless Payment Future
- 5 years 6 months ago
- Payments
Leading payment services specialists, PXP Financial, has partnered with riverboat and discovery ocean cruise operator, Scenic Luxury Cruises and Tours, to empower it to set a new standard in ocean cruises for luxury and technology with a cashless payment system on board its newest “discovery yacht”, Scenic Eclipse.
Comviva Leverages HCE Technology to Power the SBI Card Pay Service
- 5 years 6 months ago
- Payments
SBI Card has recently launched the SBI Card Pay service that enables customers to create a virtual card on their mobile phone for their physical Visa SBI credit card. The customers can now simply tap their mobile phone on a Near Field Communication (NFC)-enabled point of sale (POS) terminal to make payments.
FSS Appoints K Srinivasan as its Global CRO
- 5 years 6 months ago
- Payments, People Moves
FSS, Financial Software and Systems, a leading global provider of integrated payment products, solutions, services and India’s largest payment processor announced the appointment of K Srinivasan as its Global Chief Revenue Officer. The announcement comes as a part of the company’s redefined strategy to increase its global footprint, enhance and strengthen its customer engagement and experience in India and across the globe. K Srinivasan will be... more
FSS accelerates global expansion plans; appoints K Srinivasan as Global Chief Revenue Officer
- 5 years 6 months ago
- Payments, People Moves
FSS, Financial Software and Systems, a leading global provider of integrated payment products, solutions, services and India’s largest payment processor announced the appointment of K Srinivasan as its Global Chief Revenue Officer. The announcement comes as a part of the company’s redefined strategy to increase its global footprint, enhance and strengthen its customer engagement and experience in India and across the globe. K Srinivasan will be... more
Introducing the first mobile gift card – just in time for Christmas
- 5 years 6 months ago
- Payments
Mastercard has partnered with CleverCards and Appreciate Group to launch Europe’s first ever fully digital gift card. The gift card is available now as a last minute Christmas present, as shoppers are able to send their gift card immediately by email, text or message app. Recipients can then simply add the fully digital Mastercard to their mobile wallet to instantly “tap-n-pay” in-store, or buy online.
SWIFT opens its KYC Registry to corporates
- 5 years 6 months ago
- SWIFT
SWIFT today announces the opening of its global Know Your Customer (KYC) registry to SWIFT-connected corporate groups, enabling them to manage and share KYC data with their banking partners across the globe. The go-live for corporates follows a successful testing period with 18 leading corporate groups including BMW, Spotify and Unilever which was supported by 16 global banks representing over 7,000 corporate to bank relationships on SWIFT.
Clear Skies Ahead for SatchelPay After Clearing Regulatory Hurdle
- 5 years 6 months ago
- Payments
SatchelPay, one of the leading European electronic money institutions, has been cleared by the Bank of Lithuania to resume all suspended services. This comes after the Bank of Lithuania imposed a temporary hold on selected SatchelPay services, following concerns raised by an audit that took place last spring. SatchelPay was immediately informed of the positive decision by the Bank of Lithuania, which communicated that all suspended services may... more
