Payments

Cybersecurity enables digitalization of the housing market

The DIAS platform, built by a Finnish technology startup Tomorrow Tech, and audited by cybersecurity company Nixu, enables digitalization of the housing market in Finland. Currently, up to 96% of the Finnish housing loan market is included in the service. Read more »

Volante Technologies delivers immediate support for SWIFT Standards Release 2020 MT messages

Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced immediate support for SWIFT Standards Release 2020 MT messages. Read more »

Neyva Bank speeds up payments for customers

Neyva Bank will now be able to offer instant money transfers via mobile phones after joining Bank of Russia’s new Faster Payments Service (FPS). The project to introduce the use of phone numbers as a token to perform transfers between recognised contacts of Neyva Bank’s account holders and other FPS member banks was completed with support from Compass Plus. Read more »

MoneyGram Launches Referral Program to Grow Peer-to-Peer (P2P) Payments and Money Transfers

MoneyGram International, Inc. , a global leader in cross-border P2P payments and money transfers, today announced the launch of a new referral program, which provides MoneyGram users with discounts after referring new customers. "The launch of our customer-centric referral program supports our company strategy to accelerate digital growth," said Alex Holmes, MoneyGram Chairman and CEO. "Our customers continue to provide incredibly positive... more Read more »

Mastercard and Samsung Partner to Enable Digital Inclusion

Mastercard today announced a global partnership with Samsung to enable digital access to consumers and small businesses in emerging markets through its extensible Pay on Demand platform. Mastercard’s Pay on Demand platform is designed to accelerate digital inclusion by bringing together financial institutions, original equipment manufacturers and telcos to holistically solve issues that have limited device financing in emerging markets. In line... more Read more »

Yooz Wins Third Consecutive FinTech Breakthrough Award

Yooz, a leading provider of innovative, cloud-based AP automation, today announced that it has been selected as the winner of the “Best Procure-to-Pay Software” award for the third year in a row by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today. Read more »

phos and Mastercard boost digital payment acceptance for micro, small and medium-sized companies

phos today unveiled a pilot project with Mastercard, introducing an innovative mobile solution that enables merchants to accept contactless payments on Android mobile devices without the need for any additional hardware. Simple and effective, the solution will enable millions of micro, small and medium-sized enterprises (MSMEs) to accept cashless payments and grow their businesses. Read more »

State of the Industry: Global financial services players yet to align on key issues of collaboration, innovation and cybersecurity

Exclusive research from Barclays Corporate Banking reveals the contrasting views of nearly 2,000 financial services leaders from across the globe on the key drivers of collaboration, innovation and cybersecurity More than two-thirds of businesses identify collaborating and partnering with FinTechs as the preferred approach for traditional banks in the future China will be king for innovation in the next five years, but India is still set to be a... more Read more »

EPA publishes collaborative report to debate payments regulation ahead of PSD3

The Emerging Payments Association (EPA), which celebrates collaboration and innovation within new and existing finance companies, has published its first report to address the issues from the second Payment Services Directive (PSD2). Read more »

Paysafe and Mastercard extend strategic partnership

Paysafe, a leading specialised payments platform, has today announced an expanded strategic partnership with Mastercard. The new agreement is designed to support Paysafe’s growth and card acceptance in the European Economic Area (EEA) with a particular focus on Paysafe’s card issuing solutions, including its Skrill Prepaid Mastercard® and NETELLER Net+ Prepaid Mastercard®. Read more »

Wirecard and Klarna launch joint payment solution for merchants

Wirecard, the global innovation leader for digital financial technology, and Klarna, a leading global payments and shopping provider, announced today the launch of a new enhanced joint payment solution. All three Klarna shopping methods, Pay Now, Pay Later and Klarna Financing, can now be embedded into merchants’ checkout via a single integration through the Wirecard digital financial commerce platform to boost average order value, conversions... more Read more »

equensWorldline signs CBCS

The Centrale Bank van Curaçao en Sint Maarten (CBCS) has contracted equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, to introduce an Instant Payments (IP) CSM on top of their current clearing & settlement system. This means that all interbank payments in Curaçao, Sint Maarten and Bonaire will soon be processed within ten seconds - 24 hours a day, 365 days... more Read more »

Saudi Payments Becomes nexo standards’ First Member from Saudi Arabia

nexo standards, the international association dedicated to enabling global interoperability in payment acceptance, today welcomes Saudi Payments as its latest Principal Member and the first in the association’s history from the Kingdom of Saudi Arabia. Read more »

UnionPay, Network International complete successful pilot QR Code-Payment transaction in the UAE

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region, and China’s UnionPay International have successfully executed their first pilot QR code -based payment transaction at a merchant outlet in the UAE. Read more »

Valantic on how to deliver instant payments for Erste Bank Hungary

The trend to Open Banking in real time continues: With a project in Hungary, a comprehensive solution package has been created for the customers of the Erste Bank Hungary. The subsidiary company of the Erste Bank Group Vienna operates one of the largest branch networks in Hungary. Read more »

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