PayPoint Issues Call to Arms Over Confirmation of Payee Aggregator Deadline
- 12 months 2 days ago
- Payments
PayPoint today announces a call to arms for Group 2 Payment Service Providers (“PSP”) yet to implement the Confirmation of Payee (CoP) service ahead of the mandated deadline of 31 October 2024, to take action now. CoP is an account name-checking service designed to help reduce misdirected payments and provide greater assurance that they are being sent, and collected from, the intended account holder. The service was developed and owned by Pay.UK... more
Klarna Partners with Adobe Commerce to Extend Flexible Payment Options to Merchants
- 12 months 2 days ago
- Payments
Klarna, the AI-powered global payments network and shopping assistant, today announced it’s partnered with Adobe Commerce to enable merchants to easily implement Klarna’s Buy Now Pay Later (BNPL) services, along with other flexible payment options. This allows Klarna to expand payment flexibility to consumers.
Paxos Secures Full Approval to Offer Digital Payment Token Services from Monetary Authority of Singapore; DBS to be Primary Banking Partner
- 12 months 3 days ago
- Cryptocurrencies
Paxos, the leading regulated blockchain & tokenization infrastructure platform, received full approval from the Monetary Authority of Singapore (MAS) for its Singapore entity, Paxos Digital Singapore Pte. Ltd. to offer digital payment token services as a Major Payments Institution. The approval enables Paxos to issue stablecoins in line with MAS' upcoming stablecoin framework.
dLocal and Wakanow Group Partnership Makes Travel Accessible for Millions Across Africa
- 12 months 3 days ago
- Payments
dLocal, the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with Wakanow Group. This partnership aims to streamline and simplify cross-border payments for Wakanow's customers throughout Africa, supporting the company's expansion into new African markets
Britons Are Struggling with Financial Language Fluency, and It’s Costing the Nation Over £6B Per Annum
- 12 months 3 days ago
- Payments
Today, Klarna, the AI-powered global payments network and shopping assistant, released the results of a national survey exploring financial language understanding across the UK.
MultiSafepay Joins Ant International’s Antom to Enhance Digital Payments Services for SMEs in Europe
- 12 months 3 days ago
- Payments
MultiSafepay (MSP), an Amsterdam-based payment service provider, and Antom global merchant payment services (Antom), a leading payment and digitization services provider under Ant International, announced today that MultiSafepay has become a wholly-owned subsidiary of Ant International and will integrate with Antom to promote convenient, secure and accessible payment solutions and digitalization services to businesses, especially small and... more
Fingerprints™ and IN Groupe Through SPS Brand Announce Launch of Its Secure Component Solution for Contactless Biometric Card
- 12 months 3 days ago
- Payments
Fingerprint Cards AB (Fingerprints™) and IN Groupe, through its SPS brand, a leader in contactless and dual interface cards, announce the launch of its Secure Component solution for contactless biometric payment cards, supporting global card manufacturers to scale up production of next-generation payment cards.
Nexi Expands Payment Choice for Amazon.it Customers
- 12 months 3 days ago
- Payments
Nexi, the leading PayTech in Europe, has signed a new collaboration with Amazon.it, enabling customers to make purchases using Bancomat Pay.
Fintech Ryft to Remedy Pharmacy Application, Charac, With Strategic Marketplace Payment Platform Partnership
- 12 months 3 days ago
- Payments
British payments fintech, Ryft, has partnered with digital pharmacy platform, Charac, to provide its marketplace payment platform, reducing current processing fees for independent pharmacies by over 30%. The partnership demonstrates and consolidates the significant overall impact Ryft is having on the pharmaceutical industry, enabling independent pharmacies to access innovative payments solutions which are flexible and cost effective.
Stitch Partners with Absa to Offer Absa Pay for Enterprise Merchants Across South Africa
- 12 months 3 days ago
- Payments
Payments infrastructure company Stitch today announced that it will partner with Absa, one of South Africa’s leading banks, to make the newly launched Absa Pay available to Stitch merchants. Stitch will offer all available direct bank APIs, including Absa Pay, Capitec Pay and Nedbank Direct API, as part of its broader Pay by bank solution.
KFH Launches (WAMD) for Sending and Receiving Money via Mobile Number
- 12 months 3 days ago
- Payments
In line with the latest payment technologies and to enhance the customer experience, Kuwait Finance House (KFH) has launched a new digital service called (WAMD). This service allows customers to send and receive money instantly and for free using their mobile numbers, 24/7.
Clearstream, DekaBank, and DZ Bank Successfully Issue Tokenised Bonds on DLT at ECB Trials
- 12 months 4 days ago
- Cryptocurrencies
Clearstream, DekaBank and DZ Bank have jointly issued two tokenised €5-million bonds using distributed-ledger technology (DLT). The issuances took place in the context of the ECB trials aimed at exploring the potential of DLT for settling wholesale transactions in central bank money.
Conio, in Partnership with Mesh, Launches Europe's First Open Banking Solution for Bitcoin: a Unified Gateway to Leading Global Crypto Platforms
- 12 months 4 days ago
- Cryptocurrencies
Mesh, a US-based fintech company offering integrations with over 300 leading exchanges and wallets that recently completed a $22 million Series A round and received a $6.5 million strategic investment from PayPal Ventures, and Conio, the Italian fintech company backed by Poste Italiane and Banca Generali, which introduced Italy's first Bitcoin and digital assets wallet, announce today the launch Europe’s first Open Banking solution for Bitcoin.
UK Credit Card Trends 2023-24: FICO Data Shows Rising Spend and Missed Payments
- 12 months 4 days ago
- Payments
The last year has been challenging for UK households balancing budgets against rising fuel costs, spiralling inflation and wage pressures. Analysis by global analytics software firm FICO of its proprietary UK credit cards data for March 2023 to March 2024 illustrates the impact these pressures have had on credit card usage and debt management.
Buy Now, Pay Later Sezzle Expands Payment Streaks Program to Canadian Users
- 1 year 2 days ago
- Payments
Sezzle, the most popular Buy Now, Pay Later (BNPL) provider in Canada, is delighted to announce that its innovative Payment Streaks feature is now available to Canadian users. Following its successful launch among U.S. consumers, we are excited to bring this feature to Canada, rewarding Sezzle users for consistently making timely payments, promoting financial responsibility and enhancing the overall customer experience.
