MUFG Union Bank Launches Real-Time Payments for Clients on the RTP® Network
- 6 years 8 months ago
- Payments
MUFG Union Bank N.A.
Europeans spend €4 trillion per year on payment cards
- 6 years 8 months ago
- Payments
Expenditure on European payment cards has grown by a third since 2014 to reach €3.9 trillion, as cards are used increasingly for everyday purchases Rapidly rising usage spurs card spending RBR’s latest research, Payment Cards Issuing and Acquiring Europe 2020, shows that in 2018 cardholders in the UK, France and Germany spent the most, with the total increasing by 26%, 19% and 22% respectively since 2014. The fourth largest market, Russia, saw... more
Visa Takes 'Access To Cash' Programme Industry-Wide
- 6 years 8 months ago
- Payments
Visa is taking its 'access to cash' programme industry-wide, working with partner banks to offer high street retailers in remote and rural locations a fee for processing cashback transactions over the counter. The introduction of the UK-wide programme follows a year-long trial with Lloyds Bank, which offered rewards to retailers in return for providing cashback services. The initiative comes in the wake of a backlash over the creation of 'cash... more
WorldRemit announces global remittance partnership with Alipay
- 6 years 8 months ago
- Payments
WorldRemit has announced a partnership with Alipay, the world's leading payment and lifestyle platform, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app, bringing more convenient and inclusive transfer services to users around the world. “Our vision is to build a mobile-first, international payments service and we’re excited to work with Alipay as a partner,” said Tamer El-Emary, Chief... more
RS2 Acquires KALICOM Liebers Zahlungssysteme KG
RS2 Group, a global payments processing and technology provider, announced the closing of its acquisition of KALICOM Liebers Zahlungssysteme KG, one of the most successful commercial network operators for electronic, card-based payment systems in Germany. The acquisition follows the groups announcement to enter the merchant direct acquiring business and represents along with the earlier announced foundation of RS2 Financial Services GmbH.
Wirecard and UZE Mobility partner to launch innovative services in e-mobility
Wirecard, the global innovation leader for digital financial technology and UZE Mobility, open innovation platform for e-mobility services, have entered into a strategic partnership.
Bankingblocks Teams up with WL Payments
Bankingblocks, an Amsterdam-based wholesale banking provider for fintech and payment companies, teams up with WL Payments to provide a true omni-channel, universal payment gateway.
Ingenico Enterprise Retail accelerates smart city and transport revolution with OP2GO expansion
- 6 years 8 months ago
- Payments
Ingenico Enterprise Retail, part of Ingenico Group, the global leader in seamless payments, today announces it will launch OP2GO, its Open Payment solution, in North America in 2020. This puts Ingenico at the forefront of the smart city and transport revolution, having introduced the solution across Rio de Janeiro, Taiwan, Madrid and Rome in 2019.
WorldPay and Visa Back African Payments Firm Flutterwave
- 6 years 8 months ago
- Payments
Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay. With bases in Lagos and San Francisco, Flutterwave is one of several African fintech firms looking to cash in on the continent's drive to electronic payments. The company helps merchants accept payments both online and at the point-of-sale through a host of... more
Computop Reveals New Payment Card Terminal at Euroshop Trade Fair
- 6 years 8 months ago
- Payments
Computop, a leading global payment processor, today announced that it will be exhibiting at Euroshop, the retail trade fair in Dusseldorf, Germany (February 16-20). The company will be showcasing its new, Android-based card terminal, Computop Next A920, providing demonstrations for visitors to the event.
JCB expands its merchant network with Nets Group in Finland
- 6 years 8 months ago
- Payments
JCB International, Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Nordic-based payment service provider Nets Group, today announce the wider enablement of JCB payment acceptance by Nets merchants in Finland. This latest strategic expansion initially enables over 18,000 businesses across Finland to accept JCB payments through the Nets Merchant Services platform. This will provide JCB’s growing Russian and Japanese... more
Wirecard and EasyTransfer make payment easy for international Chinese students
- 6 years 8 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, and EasyTransfer are collaborating to enable seamless mobile payments for digital-native Chinese students. Together the two companies are launching a new mobile payment and loyalty app designed for Chinese students studying outside of China. Approximately $3.8 billion in tuition payments were transferred via EasyTransfer in the first year alone.
TemTum Launches World’s Fastest Payment Mobile Wallet on iOS and Android
- 6 years 8 months ago
- Blockchain, Payments, E-Wallets, Cryptocurrencies, FinTech StartUps
TemTum (temtum.com), the quantum-secure, ultra-
Visa Is Buying Fintech Startup Plaid For $5.3 Billion
- 6 years 8 months ago
- Payments
Visa announced it will acquire Plaid—a startup that connects payment apps like Venmo and Square Cash to users' bank accounts to transfer funds—for $5.3 billion. That marks a doubling of Plaid’s value in a year. The eight-year-old San Francisco company last raised funding a year ago at a $2.65 billion valuation. In 2019, Plaid doubled its number of customers to reach 2,600, and it expanded beyond the U.S. to the U.K., Spain, France and Ireland.
Yooz Named Finalist in 2019-20 Cloud Awards
- 6 years 8 months ago
- Payments, Cloud, Accounting
Yooz, the international provider of intelligent P2P software, has been shortlisted in the category Best Cloud Automation Solution in The Cloud Awards, the international Cloud Computing Awards program. Since 2011, The Cloud Awards program has sought to champion excellence and innovation in cloud computing. Entries are accepted throughout the globe and across multiple industry sectors.
