ONPEX and Financial House partner for transparent cross-border financial services
- 5 years 6 months ago
- Payments
FCA-regulated e-money institution (EMI), Financial House, has partnered with ONPEX, a leading provider of multi-currency IBAN accounts.
Mastercard Pay By Bank goes live on MuchBetter, eliminates transfer fees
- 5 years 6 months ago
- Payments
MuchBetter, the award winning payments company, today announced its integration with Mastercard’s Pay By Bank, one of the first ewallets to do so. Pay by Bank app is a new online checkout option from Mastercard that lets users pay for goods and services in real-time using the banking app on their phone – across online and in-store purchases. It allows MuchBetter users to top up their account in real-time from their bank account without entering... more
Westpac Hires Promontory to Run AML Review
- 5 years 6 months ago
- Payments
Westpac has hired IBM subsidiary Promontory to undertake an independent review into the failings that led to the bank breaching AML/CTF laws on over 23 million occasions.
Wirecard’s boon and SwatchPAY! launch in Germany and Austria
- 5 years 6 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, is the exclusive payment partner for the SwatchPAY! launch in Germany and Austria. With the help of the mobile payment solution boon, consumers can carry out easy and contactless payments with the brand new line of Swatch watches.
PayPal and Mastercard Extend Instant Transfer to Singapore & Europe
- 5 years 6 months ago
- Payments
Following the success of its Instant Transfer feature in the U.S., PayPal and Mastercard recently extended the service to Mastercard cardholders in Singapore and a number of European countries. Mastercard Send™ is an application that leverages the card network infrastructure to facilitate the secure availability of funds in real-time*. With Mastercard Send™, PayPal users can transfer their account balances to eligible Mastercard cards seamlessly... more
Revolut Launches GBP Direct Debits for All EEA Customers with Local UK Account Details
- 5 years 6 months ago
- Payments
The new functionality will utilise Modulr’s Direct Debits Mandate, adding another essential feature that Revolut customers can use in their everyday lives. This new feature allows Revolut’s EEA customers with local UK account details to make all their regular GBP Direct Debit payments straight from their Revolut accounts, whether that be retail customers paying for their gym memberships, phone contracts, utility bills or subscriptions, or... more
Upbit Leaks $49 million in Ethereum
- 5 years 6 months ago
- Payments
South Korea's Upbit, which styles itself as 'the most-trusted crypto-asset exchange', has temporarily frozen withdrawals and deposits after losing $49 million worth of ether in a single transaction. The exchange confirmed the loss this morning, noting that 342,000 ether has disappeared from its wallets due to an "abnormal transaction" in the early hours of Wednesday morning. Upbit later posted a support notice saying it had suspended its cypto-... more
Air Europa Selects Riskified PSD2 Optimization to Maximize Revenue and Improve Customer Experience
- 5 years 6 months ago
- E-Commerce, Payments
Riskified, the payments and fraud-prevention solution provider announced today that Air Europa, the airline division of Globalia, has chosen Riskified PSD2 Optimization to allow the airline to maintain a frictionless booking experience and maximize revenue under the EU’s new PSD2 regulation. Riskified data shows that European merchants could miss out on up to 15 percent of their revenue if they do not proactively address the regulation.
Agreement between SIA and Unicocampania to enable contactless payments on public transport in Naples and at regional level
- 5 years 6 months ago
- Payments
The world of public transport is preparing to face a new challenge. Thanks to the agreement signed between SIA and the Unicocampania Consortium, trials will start in the second half of 2020 in Naples, Salerno, Avellino and their respective provinces for payment of tickets for local public transport using contactless credit and debit cards.
JGOO reveals many UK retailers are failing in China - new focus needed
- 5 years 6 months ago
- Payments
JGOO, the next generation mobile payments platform, says many UK retailers are failing to break into the Chinese market because they don’t acknowledge its huge scale and localise their propositions accordingly. Further, it says that many companies don’t understand the country’s strict censorship arrangements or adapt to the unique shopping habits of Chinese consumers.
ACD and Alchemy Launches ACD Cryptocurrency Tokens Across Asia
- 5 years 6 months ago
- Payments, Bitcoins, Cryptocurrencies
Alchemy Global Payment Solutions Limited ("Alchemy"), a global cryptocurrency payment pioneer that powers businesses with Asia's first hybrid cryptocurrency and fiat payment solutions ("Hybrid Payment Solution"), has partnered with Tokyo-based ACD Inc. (a Joint-Venture Group Company of ANA Holdings, TSE:9202) ("ACD"), a company that provides cross-border e-commerce and global air cargo delivery, logistic services in Japan, to enable ACD tokens... more
Cardpay Extends Reach into Mexican eCommerce Market
- 5 years 6 months ago
- Payments
Cardpay – global fintech provider and fast-growing payment processor is expanding into the eCommerce market of Mexico. Providing its payment solution to millions of unbanked customers and eCommerce businesses alike. Through Cardpay, businesses can take payments using local payment methods commonly accepted by popular retailers like Walmart, 7eleven, Superama and Extra.
Ripple makes final $20 million investment in MoneyGram equity
- 5 years 6 months ago
- Investment, Payments
MoneyGram, a global provider of innovative money transfer services, today announced that Ripple, a provider of leading enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple's original $50 million equity investment commitment made earl
Judopay reveals Brits would rather queue up in store on Black Friday than pay on their mobile.
- 5 years 6 months ago
- Payments
Black Friday is just around the corner with even more UK bargain hunters expected to pounce on big discounts this year. But new research from Judopay shows that not all of these sales will happen online or on mobile, with over a quarter of Brits admitting that they’d rather queue in store than make a purchase on their mobile as it’s ‘too stressful’.
Klarna partners with a new merchant every 8 minutes in 2019
- 5 years 6 months ago
- Payments
2019 to date has proven to be a record growth year for Klarna, and this is before the much anticipated shopping holidays. Each day thousands of new consumers are choosing Klarna, with especially strong preference building in the UK and the US markets. The unique online and offline customer-centric offering, providing a healthier, simpler and smarter alternative to credit cards, and with multiple services to smoothen the end to end shopping... more
