Payments

WorldRemit Introduces Instant Transfers to Nigeria

WorldRemit, anoounces introduction of instant transfers to Nigeria. In addition to its same-day bank transfer service, WorldRemit now allows people to send money to more than 140 cash pickup locations in Nigeria, instantly. People in more than 50 countries can use the app to send to Nigeria. Recipients can collect money instantly from 140 branches of Skye Bank. WorldRemit customers currently send over 400,000 transactions every month. Read more »

BitGo to Release BitGo Instant Bitcoin Transactions

BitGo Inc. is today announcing the launch of BitGo Instant, the world’s first way to safely receive zero-confirm Bitcoin transactions with a full financial guarantee. BitGo Instant is launching with a strong list of initial partners recognizing these transactions, including Bitfinex, Bitstamp, Kraken, CoinHako, FoldApp, Genesis Trading, Shapeshift, Korbit, Unocoin, and SFOX. Read more »

Ingenico ePayments Announces Strategic Partnership with iguama

Ingenico ePayments will begin processing iguama’s payments in Guatemala, Colombia, the Dominican Republic, Chile, El Salvador, Costa Rica, Panama, Peru, and  Honduras. The partnership will gradually expand to include all countries across the region, enabling all of iguama’s customers to pay for purchases using their preferred payment methods and preferred currencies. Read more »

Barclays to Launch Cash Collection Service

Barclays is launching a new cash collection service ‘Barclays Collect’ for business customers and corporate clients which will save time for hard working businesses across the country, with the service collecting straight from their door. The new service offers customers a security vehicle to transport their deposits for them and allows customers to book a collection time online from either their mobile or desktop, which is both convenient and... more Read more »

Ingenico Announces Launch of ePayments

Ingenico Group’s online and mobile commerce division combines the former Ogone and GlobalCollect organizations, merging capabilities and offerings, and providing merchants around the world with enhanced end-to-end products and services. The launch of the Ingenico ePayments brand now completes the integration process and enhances the Group’s position within the ePayments industry. Read more »

SAB AT Banking Platform Selected by Stusid Bank

Tunisian bank Stusid Bank announces its choice in the banking platform SAB AT for its information system. Stusid Bank is a Tunisian universal bank which comprises 22 branches and employs 350 employees. In early 2015, Stusid Bank has begun an overhaul process of its information system. Stusid Bank has launched a tender to acquire a solution of Core Banking System able to bring him a solid return on investment and a competitive advantage in terms... more Read more »

Five UK Bus Operators to Introduce Contactless Payments

Stagecoach, First Bus, Go-Ahead, Arriva and National Express are working together to produce a business case which is expected to be completed by late spring 2016. The scheme, funded predominantly by the private sector, could see new EMV contactless technology installed on every one of the UK’s 32,000-plus buses outside London. It would offer cashless travel for those who want it and capped pay-as-you-go-fares in all urban areas. Read more »

TD Bank to Release Cash Rewards Credit Card

TD Bank, America's Most Convenient Bank® today launched a new credit card product that makes it easier for consumers to earn cash back on everyday purchases. The TD Cash Visa Signature Credit Card provides 2 percent cash back on all dining types and 1 percent cash back on all other purchases. It comes with no revolving categories, annual fees or foreign transaction fees. Read more »

Adyen Reaches $50 billion Processes in 2015

 Adyen, the global payments technology company, today announced that it processed $50 billion in transaction volume in 2015, up from $25 billion, and achieved revenue of $350 million, a growth of more than 100 percent over 2014. The results underscore how Adyen is building on its position as the global partner of choice for international ecommerce, and is rapidly expanding its point of sale offering by connecting a new range of customers to its... more Read more »

Ingenico Group to Launch Contactless Payment on Panasonic Tablet

Ingenico Group a provider in seamless payment, announces having introduced contactless payment onto a Panasonic tablet. This represents a major step in the partnership between Intel and Ingenico Group, initiated in March 2015 and aimed at integrating Intel's technology and Ingenico Group's secure payment solutions into connected objects. Read more »

Federal Reserve Partners with IBM to Boost its Retail Payments

IBM (NYSE: IBM) announced today that the Federal Reserve Bank of Atlanta’s Retail Payments Office has selected IBM to modernize its automated clearing house (ACH) processing platform. When conducting ACH operations, the Federal Reserve serves as the central operator ensuring electronic payments (direct deposit, bill payments) clear and settle between commercial banks. Read more »

Swift India Announced Partnership with Barclays

Swift India announced  that Barclays  selected it as a channel for payments, cash management, trade finance and treasury transactions for their corporate customers. Eleven banks in India have already selected SWIFT India and are currently under implementation. Read more »

Fiserv and Alpha Payments Cloud Announce Partnership to Boost Real-Time Payments in Australia

Alpha Payments Cloud, a global leader in providing third party payment, risk and commerce solution access to international banks and merchants, has today announced a partnership with Fiserv, Inc., a leading global provider of financial services technology solutions. The partnership will provide Australian banks with a simpler and faster way to process payments in Australia while also generating significantly more value through the addition of... more Read more »

Newgen Payments Expands in Dutch Market

Newgen Payments is entering in the Dutch market, kicking off at Webwinkel Vakdagen in Jaarbeurs Utrecht on January 20-21 2016. Read more »

Earthport Announces Release of Distributed Ledger Hub

Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, known for its operation of a large global ACH infrastructure, today announces further expansion of its growing capabilities with the launch of its Distributed Ledger Hub (DLH). The DLH is a service accessed through Earthport’s Distributed Ledger Gateway, announced in August of 2015, that will provide full connectivity into the Ripple distributed ledger protocol,... more Read more »

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