FCA Warns Providers of BNPL Products about Unregulated Promotions
- 4 years 2 months ago
- Payments
The FCA has warned firms that offer Buy Now Pay Later (BNPL) products that although some agreements are unregulated the financial promotions of all BNPL products must comply with the financial promotion rules. Unauthorised firms face criminal charges if they do not have an FCA-authorised firm approve their financial promotions. Authorised firms must also ensure that all promotional advertising comply with the FCA guidelines, unless an... more
Verto Acquires Locusnine to Deliver World-class Cross-border Payments Solutions
- 4 years 2 months ago
- Payments
Verto, the leading B2B cross-border payments and foreign exchange (FX) enabler, today announced that it has acquired Locusnine, a software studio that delivers innovative solutions, products and services that help to transcend technological barriers to customers’ experiences.
Klarpay AG Adds 70+ Currencies to Enable Cross-Border International Payments
- 4 years 2 months ago
- Payments
Swiss fintech Klarpay AG has launched a cross-border business pay
Checkout.com Announces Major Authentication Enhancements to Deliver Payment Performance Amidst Evolving SCA Requirements
- 4 years 2 months ago
- Payments
Checkout.com, the cloud-based payments service provider, today announced updates to its Authentication product to help merchants combat fraud and optimize their revenues, with an evolving toolkit of products and features to help merchants navigate the rapidly evolving landscape.
Pin Payments Expands to New Zealand
- 4 years 2 months ago
- Payments
Australia’s online payments provider Pin Payments has recently expanded its offering to New Zealand. The strategic expansion comes less than two years after the Melbourne-based startup was acquired by global payments unicorn Checkout.com, which recently reached a $40 billion valuation.
Adyen Advances In-person Payments with the Launch of In-house Designed Terminal Range
- 4 years 2 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, is pleased to announce the launch of its first in-house designed terminals. Innovated to facilitate diverse payment use cases, the terminal range marks the latest step forward in Adyen’s growing unified commerce offering. Running on the company’s single platform, the new devices remain inherently flexible, in order to address a rapidly advancing payment landscape... more
Vyne and Wix Partner to Expanding Payment Options for UK Business Owners and Their Customers
- 4 years 2 months ago
- Payments
Vyne, the specialist pay with bank account-to-account (A2A) payments platform, today launches its SME proposition via a new partnership with Wix.com Ltd., a leading global SaaS platform to create, manage and grow an online presence.
Bank of New Zealand Rolls Out SoftPOS App
- 4 years 2 months ago
- Payments
Bank of New Zealand (BNZ) has unveiled BNZ Pay, a mobile app for retailers that transforms an Android device into a contactless payment terminal. Developed in conjunction with Visa and Quest Payment Systems, BNZ Pay is being launched with no monthly costs to merchants who settle into a BNZ account until January 2024. After that, a monthly fixed fee of $10 will be applied.
Revolut Rebrands Child Service as Revolut <18
- 4 years 2 months ago
- Payments
Revolut, the global financial super app with more than 20 million customers worldwide, has rebranded its service for 6 - 17-year-olds. ‘Revolut <18’ is an account for young people which is connected to their parent/guardian’s Revolut account, helping young people feel positive and empowered about money, and giving them a financial head-start in life.
SmilePay Launches Face Biometrics Payments in Azerbaijan
- 4 years 2 months ago
- Payments
Azerbaijan-based SmilePay has struck deals with two major food retailers in the country to let shoppers buy their groceries using their faces. SmilePay has secured an investment from the biggest acquirer bank in Azerbaijan, Pasha, and formed deals with the Bravo and Araz supermarket chains. Already installed at Bravo, in its first month the technology has been used for 3000 transactions from 418 users.
PayMate Offers Vendor Payments and GST Payments Using Commercial Credit Cards Through its Recently Launched Android and iOS Mobile Application
- 4 years 2 months ago
- Payments
PayMate India Limited (“PayMate”), a leading B2B payments and services provider that digitizes, automates and streamlines business-to-business (B2B) payments in supply chains; stated in its recently filed Draft Red Herring Prospectus for its proposed IPO that the company has launched the PayMate mobile application (“PayMate App”) on the Android and iOS operating systems.
Akurateco Integrates with AFS Benefit, Mercury, and UPC to Expand Business Coverage
- 4 years 2 months ago
- Payments
The Netherlands-based Payment Orchestration Platform Akurateco announced its recent integration with AFS Benefit, Mercury, and UPC in order to boost clients’ business coverage and scale their market share.
Future FinTech Labs Partners with Currencycloud, Making Low-cost Remittance a Reality for US-based Immigrants
- 4 years 2 months ago
- Payments
Currencycloud, the experts simplifying business in a multi-currency world, has teamed up with Future FinTech Labs (FTFT Labs) to launch the remittance app Tempo to offer US-based immigrants a streamlined, secure and cost-effective way to send money. Tempo currently serves money transfers to North America (Canada, Mexico), Europe (Italy, Spain, France, Germany, the United Kingdom), India and the Philippines.
A Revolution in Crypto Payments: Ukrainian Startup Weld Money is Estimated to of $100 Million
- 4 years 2 months ago
- Payments
Ukrainian fintech company Weld Money officially launched their innovative product, which we have followed for a year - weld card. The product is expected to make a global step in the process of the mass adoption of cryptocurrencies. We carried on the analysis of the market of fintech products with solutions for crypto payments and came to the following conclusions:
VizyPay is Nation’s #918 Fastest-Growing Company
- 4 years 2 months ago
- Payments
Today, Inc. Magazine revealed that leading payments processor VizyPay is No. 918 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. It is the No. 3 fastest growing company in Des Moines and fourth overall in Iowa.
