Payments

Major Banks Join SWIFT’s Global Payments Innovation Initiative

SWIFT announces that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from Europe, Asia Pacific, Africa and the Americas. More banks are expected to join this initiative in the coming months. Read more »

ACI Worldwide to Release UP Retail Payments Solution

ACI Worldwide, a leading global provider of electronic payment and banking solutions, today announced the UP Retail Payments solution. Read more »

World First Declares Sign of Media Agreement with The Australian

World First, the international money transfer expert, has today announced sign of a new partnership with leading national media outlet The Australian as it continues its global expansion strategy. Read more »

Google Launches Android Pay Loyalty Programme

Google announced of testing a loyalty programme, tempting people to use Android Pay with the promise of a free Chromecast media streaming dongle. Quietly rolled out to some Android Pay users in the US last week, the Tap 10 programme sees rewards handed out for making contactless mobile payments. For those picked, the first, second and sixth payment taps each earn a free Google Play Music song, while the 10th tap - which must be carried out by... more Read more »

WorldRemit Introduces Instant Transfers to Nigeria

WorldRemit, anoounces introduction of instant transfers to Nigeria. In addition to its same-day bank transfer service, WorldRemit now allows people to send money to more than 140 cash pickup locations in Nigeria, instantly. People in more than 50 countries can use the app to send to Nigeria. Recipients can collect money instantly from 140 branches of Skye Bank. WorldRemit customers currently send over 400,000 transactions every month. Read more »

BitGo to Release BitGo Instant Bitcoin Transactions

BitGo Inc. is today announcing the launch of BitGo Instant, the world’s first way to safely receive zero-confirm Bitcoin transactions with a full financial guarantee. BitGo Instant is launching with a strong list of initial partners recognizing these transactions, including Bitfinex, Bitstamp, Kraken, CoinHako, FoldApp, Genesis Trading, Shapeshift, Korbit, Unocoin, and SFOX. Read more »

Ingenico ePayments Announces Strategic Partnership with iguama

Ingenico ePayments will begin processing iguama’s payments in Guatemala, Colombia, the Dominican Republic, Chile, El Salvador, Costa Rica, Panama, Peru, and  Honduras. The partnership will gradually expand to include all countries across the region, enabling all of iguama’s customers to pay for purchases using their preferred payment methods and preferred currencies. Read more »

Barclays to Launch Cash Collection Service

Barclays is launching a new cash collection service ‘Barclays Collect’ for business customers and corporate clients which will save time for hard working businesses across the country, with the service collecting straight from their door. The new service offers customers a security vehicle to transport their deposits for them and allows customers to book a collection time online from either their mobile or desktop, which is both convenient and... more Read more »

Ingenico Announces Launch of ePayments

Ingenico Group’s online and mobile commerce division combines the former Ogone and GlobalCollect organizations, merging capabilities and offerings, and providing merchants around the world with enhanced end-to-end products and services. The launch of the Ingenico ePayments brand now completes the integration process and enhances the Group’s position within the ePayments industry. Read more »

SAB AT Banking Platform Selected by Stusid Bank

Tunisian bank Stusid Bank announces its choice in the banking platform SAB AT for its information system. Stusid Bank is a Tunisian universal bank which comprises 22 branches and employs 350 employees. In early 2015, Stusid Bank has begun an overhaul process of its information system. Stusid Bank has launched a tender to acquire a solution of Core Banking System able to bring him a solid return on investment and a competitive advantage in terms... more Read more »

Five UK Bus Operators to Introduce Contactless Payments

Stagecoach, First Bus, Go-Ahead, Arriva and National Express are working together to produce a business case which is expected to be completed by late spring 2016. The scheme, funded predominantly by the private sector, could see new EMV contactless technology installed on every one of the UK’s 32,000-plus buses outside London. It would offer cashless travel for those who want it and capped pay-as-you-go-fares in all urban areas. Read more »

TD Bank to Release Cash Rewards Credit Card

TD Bank, America's Most Convenient Bank® today launched a new credit card product that makes it easier for consumers to earn cash back on everyday purchases. The TD Cash Visa Signature Credit Card provides 2 percent cash back on all dining types and 1 percent cash back on all other purchases. It comes with no revolving categories, annual fees or foreign transaction fees. Read more »

Adyen Reaches $50 billion Processes in 2015

 Adyen, the global payments technology company, today announced that it processed $50 billion in transaction volume in 2015, up from $25 billion, and achieved revenue of $350 million, a growth of more than 100 percent over 2014. The results underscore how Adyen is building on its position as the global partner of choice for international ecommerce, and is rapidly expanding its point of sale offering by connecting a new range of customers to its... more Read more »

Ingenico Group to Launch Contactless Payment on Panasonic Tablet

Ingenico Group a provider in seamless payment, announces having introduced contactless payment onto a Panasonic tablet. This represents a major step in the partnership between Intel and Ingenico Group, initiated in March 2015 and aimed at integrating Intel's technology and Ingenico Group's secure payment solutions into connected objects. Read more »

Federal Reserve Partners with IBM to Boost its Retail Payments

IBM (NYSE: IBM) announced today that the Federal Reserve Bank of Atlanta’s Retail Payments Office has selected IBM to modernize its automated clearing house (ACH) processing platform. When conducting ACH operations, the Federal Reserve serves as the central operator ensuring electronic payments (direct deposit, bill payments) clear and settle between commercial banks. Read more »

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