Royal Bank launches ‘Tyl’ to help Scottish business build for the future
- 6 years 3 months ago
- Payments
Royal Bank of Scotland has announced the launch of a new, innovative payments service in Scotland. ‘Tyl’ is designed to make it easier for small business customers across the country to receive payments and manage cash flow during COVID-19 and beyond.
O-CITY joins the Visa Ready for Transit program to drive contactless payments for mass transit systems globally
- 6 years 3 months ago
- Payments
BPC’s smart city payment division, O-CITY, has joined the Visa Ready for Transit program for mass transit systems. Visa Ready for Transit program is designed for companies, like O-CITY, whose technology products and capabilities are helping transit agencies and riders realise the benefits of tapping to ride with a contactless card or digital wallet. Acceptance to the program means that O-CITY is a now certified partner and available to cities... more
Marqeta powers Capital on Tap’s expansion to Spain
- 6 years 3 months ago
- Payments
Marqeta, the leading global modern card issuing platform, today announced it has helped one of the UK’s fastest-growing companies, Capital on Tap, to expand its small business credit lending services to Spain. Capital on Tap will be using Marqeta to power payment processing for its small business credit card, offering a working capital facility of up to €50,000 for small businesses.
MFS Africa Acquires Beyonic, Bringing Cross-Border Digital Payments to SMEs Throughout Africa and Beyond
Pan-African cross-border payments leader MFS Africa today announced that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact entities across Africa.
Zenus Bank becomes Visa Principal Member
- 6 years 3 months ago
- Payments
Zenus Bank, the American digital bank is announcing today it is the first International Financial Entity to become a Principal Member of Visa, the world’s leader in digital payments. Zenus Bank makes it easy and safe for clients to access, send, receive and store money in the USA from anywhere globally. By leveraging Visa’s brand, scale and global acceptance footprint, Zenus will bring a robust and innovative value proposition.
Xalq Bank successfully completes implementation of TranzAxis
- 6 years 3 months ago
- Payments
As part of a strategic project to modernise its infrastructure, Xalq Bank, one of the leading banks in Azerbaijan, has launched the open development payments platform TranzAxis from Compass Plus. The flexibility of this software solution will allow the bank to expand the range of services and products provided to customers and quickly respond to market changes.
Trend of increased global use of digital payment technology to be accelerated
- 6 years 3 months ago
- Payments
The Covid-19 pandemic will accelerate a worldwide trend towards contactless payments, according to a new report from the Emerging Payments Association EU (EPA EU), which was commissioned by Luxembourg for Finance (LFF).
Zumo becomes latest crypto start-up to partner with Modulr
- 6 years 3 months ago
- Payments, Cryptocurrencies
Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has taken its first step towards the creation of a seamless fiat-to-cryptocurrency payments system with the launch of a sterling (GBP) functionality, powered by Modulr, the digital payments platform. From mid-July, the partnership will allow Zumo users in the UK to hold GBP funds within the Zumo wallet, as well as buy and sell cryptocurrencies Bitcoin (BTC) and Ether (ETH).
WEBINAR: Using payments to enhance the shopping experience for everyone
- 6 years 3 months ago
- Payments
Ingenico Enterprise Retail is pleased to announce its latest webinar on how payments can enhance the shopping experience for both the consumer and the retailer. Taking place on Wednesday 1st July at 2pm BST, the session will delve into the challenges faced by retailers as consumers demand to pay when and where suits them best and using the method they prefer.
Dwolla Announces New Portal For Superior Partner Experience
- 6 years 3 months ago
- Payments
Dwolla, the programmable payments platform, today announces the latest feature in its robust Partner Ecosystem, the Partner Portal.
NatWest launches new open banking payments service
NatWest has today announced the launch of a new online payment service, Payit by NatWest, which allows customers to make instant online payments to participating retailers, without the use of a debit or credit card - resulting in a fast, fair, simple and safe payment experience. Payit uses the Open Banking infrastructure to allow customers of UK banks to pay for products and services offered by retailers who use the service, which is targeted at... more
SYKES for FinTech Survey Reveals Consumer Behavior Shifts in the Era of COVID-19
A new SYKES for FinTech survey finds many U.S. adults are new users of financial technologies, specifically in response to the COVID-19 global pandemic.
Orka Technology Group introduce new pay advance platform
- 6 years 3 months ago
- Payments
Manchester based staff tech group, Orka has announced the launch of their next innovative product, Orka Pay. Orka Pay allows hourly paid workers to withdraw a percentage of their wages as soon as they’ve worked a shift, so there’s no more waiting until payday or taking out high-interest loans. The platform is app based, allowing workers to choose how much they want to withdraw from their available balance, facilitated by full integration with... more
Samsung Reveals the new Samsung Pay Card, powered by Curve
- 6 years 3 months ago
- Payments
Samsung Electronics Co., Ltd has today announced a new partnership between Samsung Pay, the digital banking platform Curve, one of Europe’s leading fintechs, and Mastercard to launch the Samsung Pay Card.
Cost-cutting to accelerate outsourcing of payment processing by acquirers
- 6 years 3 months ago
- Payments
Great diversity exists in payments processing arrangements across Europe, with further outsourcing by acquirers forecast Ways of connecting with card scheme networks vary significantly by country
