Payments

Avelacom and BEQUANT collaborate to build a diverse and liquid ecosystem for professional crypto traders

BEQUANT, a leading cryptocurrency exchange with prime brokerage services is collaborating with Avelacom, the high-performance global connectivity and IT infrastructure provider; to provide crypto currency market participants with faster access to BEQUANT’s market infrastructure via Avelacom’s low latency network.  Through this initiative BEQUANT’s colocation facilities and connectivity footprint globally will be increased through a point-to-... more Read more »

Equiniti launches digital experience centre to transform app development

Equiniti, an international technology-led services and payments specialist, is delighted to announce that it has opened EQ Tek, a new R&D facility for its client-facing applications. Headquartered in Krakow, Poland, EQ Tek will create an additional 150 roles for high-calibre developers as well as systems and UX experts within Equiniti. The team will be developing best-in-class applications and product delivery systems across all divisions of... more Read more »

JPMorgan Targets e-commerce and Gig Economy Firms with e-wallet

JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts. With technology giants increasingly moving in on banks' turf, JPMorgan Chase has decided that its best option is to help them do it. According to Bloomberg, the Wall Street giant has spent a year building an e-wallet that gives online... more Read more »

Semafone’s Intelligence+ empowers contact centres with actionable payment transaction analytics

Semafone®, the leading provider of data security and multi-channel compliance solutions for call and contact centres, today announced Intelligence+, a real-time data analytics offering, integrated into its award-winning and patented telephone payments solution – Cardprotect Voice+. Read more »

Apple Pay coming to Rabobank’s customers

Rabobank brings its Dutch customers Apple Pay, which helps them to make payment in an easy, secure and private way. With Apple Pay on iPhone, Apple Watch and iPad customers can do fast and convenient payments in stores, in apps and on websites. Activation of Apple Pay can be made via the Rabo Banking App by adding the debit card to the Wallet-functionality. Apple Pay works wherever it is possible to do contactless payments and in many webshops... more Read more »

MoneyGram Announces Extension of Walmart Contract

MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, previously announced it has extended its agreement with Walmart to continue to provide MoneyGram-branded money transfer, 'powered by' white-label Walmart2World money transfer, bill payment and money order services into 2021. Read more »

Wirecard will acquire Bejing-based AllScore Payment Services

Wirecard, the global innovation leader for digital financial technology, is investing in a comprehensive license portfolio for digital payments through an acquisition in China. Wirecard will gradually acquire all shares in the Bejing-based AllScore Payment Services. AllScore Payment Services is currently controlled in its majority by its founder and CEO Mr. Yao Lin and Shanghai Aiwu Investment Management Co. Ltd.. The framework agreement was... more Read more »

Flywire Appoints New President and COO

Flywire, a provider of global payment solutions for businesses and institutions, today announced the appointment of Rob Orgel to the newly created position of President and Chief Operating Officer. In the role, Orgel will oversee the company’s global payment network, business operations, finance, legal, compliance, and corporate strategy and development. He will report to CEO Mike Massaro who will now focus his efforts on the company’s long-term... more Read more »

Compass Plus survey finds millennials choose convenience over security

A survey by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that while millennials rely heavily on their mobile phones, they consider them one of the least secure payment methods. Read more »

Unity Trust Bank Joins Current Account Switch Service

The flagship Current Account Switch Service, which is owned and operated by the UK’s leading payments authority Pay.UK, today welcomes another brand to join the service.   Unity Trust Bank is the latest to offer consumers a simple, reliable and stress-free means of switching banking provider.   Read more »

Nets Enables Mobile Payments for OmaSp Customers

The rapidly growing Finnish savings bank, OmaSp, has chosen Nets to enable mobile payments for its customers. Initially OmaSp will offer Google Pay for Visa Credit cardholders, with debit cards on the roadmap for 2020.   By partnering with Nets, banks can offer their customers the freedom to choose their preferred payment method.   Read more »

Apple Pay launched to NatWest Business Customers

NatWest today brings its business banking customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites. NatWest has launched the new feature across its full range of VISA debit cards to its 1 million Business Banking customers, complementing the existing range of payment... more Read more »

ACH Alert to Lead Panel Discussions, Share Expertise at Fourth Annual 2019 Hawaii Payments University

ACH Alert, an award-winning provider of electronic payments fraud prevention technology for financial institutions of all sizes, announced it is attending the 2019 Hawaii Payments University & Fraud Day for the second year, taking place November 5-7 in Honolulu. Read more »

Frost & Sullivan Selects FSS for 2019 Best Practices Award for Technology Leadership

FSS, a Payments and Fintech leader, today, announced it has won the prestigious 2019 Frost & Sullivan, India Best Practices Award for Leadership in Payments. FSS has been conferred the 2019 India Payments Technology -- Transaction Processing Services and Product Line -- Strategy Leadership Award for a proven track record for technology services and commercial model innovation.  Read more »

Late Payments: Buyers Leave SME Suppliers Last

Businesses pay their smallest suppliers 30 days later than their bigger suppliers. Data released today by Previse, the fintech that uses AI to get suppliers paid instantly, shows the extent to which the problem of slow payments is concentrated among small suppliers, a fact which public payments reporting fails to highlight.   Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel