Payments

Flywire and UnionPay Extend Partnership on Cross-Border Payments

Flywire and UnionPay International today announced that they are re-launching a promotional program that provides Chinese students and patients with discounted foreign exchange rates on cross-border tuition and healthcare payments. Read more »

Klarna and Stripe crowd-surf into events market with Kaboodle and Hideout Festival partnership

Two of the biggest names in payments — Klarna and Stripe — have today announced their latest partnership offering Klarna’s Pay in 3 for music lovers heading to Hideout Festival this summer through ticketing platform, Kaboodle. Hideout, the leading annual electronic music festival, is entering its 9th year on the famous Zrce Beach in Croatia, and the option to pay with Klarna will be available for accommodation, flight and coach packages with the... more Read more »

FSS Wins Triple Honours at Golden Globe Tigers 2019 Awards

FSS (Financial Software and Systems) the global digital payment and financial technology company, has been recognised at the 2019 edition of the prestigious Golden Globe Tigers Award held in Malaysia for excellence and leadership in cards and payments.  The company received top honours for its Prepaid Card Management Suite, Payment Gateway and eFInclusiv in the categories ‘Best Prepaid Card Product,’ ‘Best Online Payment Solution‘ and  ‘Best... more Read more »

JCB partner with Viva Wallet

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., and global acquirer Viva Wallet, the global cloud based digital payments factory, today announced the signing of a joint licencing agreement, enabling JCB cards to be used at all POS systems and online touch points across Europe. This covers 108 K merchants in 12 countries. Read more »

Wirecard Partners with Orange to Launch Innovative New Digital Payment and Banking Service in Eastern Europe

Wirecard, the global innovation leader for digital financial technology, is expanding its collaboration with Orange in the field of digital payment and banking. Together with Orange Money in Romania, Wirecard is now offering an innovative financial commerce solution that allows contactless payments with physical and virtual Orange Money debit cards, smartphones, as well as Fitbit and Garmin smartwatches. Read more »

Allied Wallet Releases New Features

Allied Wallet, a leading provider of online payment processing offering various payment solutions in 196 countries all over the world, is poised to release new features to support new shifts in the world’s e-commerce culture and global technological advancement. As new innovations become available to consumers, it is important that digital payments and their features adapt. Methods of operation and capabilities must change. Read more »

ACI Worldwide Ready for Saudi Arabia’s Real-Time Payments Launch

ACI Worldwide (NASDAQ: ACIW), a leading global provider of bank real-time electronic payment solutions, today announced that it is aiding fast bank adoption of real-time payments in Saudi Arabia with its UP Real-Time Payments solution. Read more »

SETL delivers on administration plan and restructures for growth

SETL Ltd, the London-based institutional payment and settlement infrastructure provider using blockchain technology, today announced the completion of its corporate restructuring programme. At the beginning of March this year, the previous entity, SETL Development Ltd (in administration), announced that it had appointed Quantuma LLP as its administrators.   Read more »

Mercury Payment Solutions and Arion Bank Select Fiserv Anti-Money Laundering Technology

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that a payment scheme in the Middle East and a universal bank in Iceland have chosen Fiserv technology to streamline anti-money laundering (AML) processes and effectively manage fraud risk. Read more »

SWIFT extends integrated payments toolkit

SWIFT announces the launch of an ‘in-flight’ payment investigation and resolution service, available in the cloud, in a significant expansion of its network-wide payments validation toolkit. The new capability allows for dynamic query handling between banks on the SWIFT network, enabling them to quickly resolve instances in which required operational, regulatory or compliance information is incorrect or missing from payment instructions. Read more »

Ripple Partners with Ria Money Transfer to Power Instant Global Payments

Ria Money Transfer, a subsidiary of Euronet Worldwide, has joined RippleNet to enable instant, blockchain-powered global payments. With customers in over 155 countries, more than 377,000 locations worldwide, and $40 billion in money transfer volume per year, Ria is one of the largest payment service providers in the world. Read more »

Britons Predict Cashless Society by 2030

Open your wallet and take out a coin or banknote and the Queen’s portrait offers a symbol of permanence and security – but are the days of cash numbered? A growing number of people now never use cash preferring to use cards, electronic transfers or their smartphones to make purchases. And, according to a new research from ThoughtWorks, three in five adults (59%) think Britain will be a cashless society by 2030. Read more »

Launch of New Paysend Link App Set to Disrupt Payments Market

The launch of Paysend Link app is another innovation from payments disrupter Paysend, which is set to support a new way to send and receive money. The new app builds on the services Paysend already offers, and will allow users to pay anyone in the world with just their mobile number. Ronald Millar, CEO of PaySend, said: “We are constantly looking for ways to simplify and improve customer experience and make it even easier for the sender to... more Read more »

Klarna gets physical: All UK payment methods now available in-store

Global payments provider Klarna has today announced that all its alternative payment options are available both in-store as well as online. Klarna’s alternative payment options include: Read more »

Bankable sets strategic partnership with Visa and receives investments

Bankable, the global provider of “Banking as a Service” solutions, today announced a strategic partnership with Visa (NYSE: V) to enable financial institutions and banks to access real-time and modular banking solutions worldwide. Visa has also made a financial investment in Bankable. Read more »

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