Payments

Skrill Launches Free International Money Transfer Service In U.S.

Paysafe, a leading specialized payments platform, today announced the U.S. launch of its Skrill Money Transfer service. Existing and new Skrill customers in the United States can now use the solution to transfer money for free to friends and family in Mexico, India and 16 other Asian and European countries, with others available shortly. Read more »

PXP Financial partners with ROAR Digital

PXP Financial, the expert in global acquiring, payment, fraud and data analysis services, has today announced its provision of Gateway services, along with a comprehensive portfolio of payment solutions to gaming giant, ROAR Digital, the joint venture between MGM Resorts International and GVC Holdings Plc. Read more »

CoinCorner launches UK first “Bitcoin Cashback” service

CoinCorner, one of the UK’s leading Bitcoin exchanges, has recently launched a new service that will reward customers with Bitcoin when they shop online. The Bitcoin cashback service is the first-of-its-kind to launch in the UK and CoinCorner has partnered with more than 400 top UK retailers, including household names such as Burton, Twinings, Confused.com, Tails.com, Ninja, Royal Doulton, New Era, Morphy Richards and more, to enable customers... more Read more »

iController takes first step towards AI-driven cashflow forecasting with innovative On Demand Financing

iController is the first to integrate ‘On Demand Financing’ into its software. It is a development of KBC to pre-finance invoices in a flexible way. Innovative On Demand Financing enables a company to sell an outstanding invoice to an intermediary known as a ‘factor’, meaning the company has immediate access to working capital and does not have to wait until the customer pays the invoice. This is a first in Belgium; no similar system is... more Read more »

Wirecard drives the digitalisation of professional sports: Partners with FC Bayern Munich Basketball

Wirecard, the global innovation leader for digital financial technology, and FC Bayern Munich Basketball are announcing their long-standing partnership, which is initially set to run until summer 2022. Wirecard will serve as a platinum partner of FC Bayern Munich Basketball during this time. Read more »

Small businesses face ‘trade credit crunch’ as backlog of unpaid invoices builds up

40% of businesses are currently facing over £10,000 in unpaid invoices (1)  Solvency a concern for small businesses as 1 in 4 worry they won’t survive into 2021 UK faces a trade credit crunch as customers seek longer payment terms and suppliers look to cut them, while the sector deals with backlog of unpaid invoices Read more »

Amadeus and Troovo partner to automate B2B travel payments

The integration of Troovo’s advanced Robotic Process Automation (RPA) engine with Amadeus’ B2B Wallet means the entire virtual payment flow can now be automated very quickly, helping the travel industry digitally transform B2B supplier payments.  Read more »

Enfuce approved as an authorized payment institution

Finland's biggest fintech start-up Enfuce has been accredited as an authorised payment institution by the Finnish Financial Supervisory Authority (FIN-FSA)*. Customers pursuing new opportunities introduced through the second Payment Services Directive (PSD2), can now perform account information and payment initiation services together with Enfuce.  Read more »

Dune London goes live with Klarna’s popular Pay later products

The Dune Group, one of the most influential global players in fashion footwear and accessories today announced an international partnership with leading global payments provider Klarna.  Dune customers shopping online will be able to use Klarna’s popular Pay later products (Pay in 30 days and Instalments) in five European markets (Austria, Germany, The Netherlands, Switzerland and the United Kingdom).  Read more »

Cards Used For Half Of Payments For First Time Last Year

Card and contactless payments continued to increase in 2019, with card payments accounting for over half (51 per cent) of all payments for the first time, according to the latest UK Payment Markets report from UK Finance. Read more »

SumUp Supports Local Businesses with Gift Cards on Instagram and Facebook

UK-based payments service provider SumUp (www.sumup.co.uk) today announces a new experience to enable customers to support small businesses via social media during COVID-19 and beyond, by discovering Gift Cards directly from eligible SumUp businesses on Facebook and Instagram. Read more »

Landesbank Berlin chooses SIA for the new payment card management system in Germany

Landesbank Berlin, Germany`s largest issuer of co-branded credit cards, has chosen SIA, European hi-tech company, leader in the fields of payment services and infrastructures, for the realization of the new system for the management of payment cards co-branded with leading commercial partners in Germany, like ADAC (Allgemeiner Deutscher Automobil-Club) the German Automobile Club. Read more »

Worldpay from FIS Helps Crypto Brokers and Exchanges with New Chargeback Indemnification Service from Forter

FIS™ (NYSE: FIS), a global leader in financial services technology, today announced Fraud Freedom, a new chargeback indemnification service designed for cryptocurrency brokers and exchanges. Read more »

FSS Payment Gateway to Empower MSME Retail Merchants with Online Payment Tools

," FSS (Financial Software and Systems) a globally leading digital payments technology provider and a payment processor, announced today that it has enhanced its e-Commerce Payment Gateway with added value service capabilities to bring more merchants online and deliver smart, secure commerce experiences, especially for the great payment gateway software it has."   The enhancement provides the following benefits: Read more »

Fintech Rapyd launches in the UK offering all-in-one payments

Fintech-as-a-Service company Rapyd has today launched in the UK, offering businesses its all-in-one, full-stack payment solution. Through Rapyd’s solution, businesses will have access to payment methods including cash, bank transfers, e-wallets and cards. In addition, the solution facilitates payments locally, and across borders for companies of any size, through one single API, reconciliation process, and contract. Read more »

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