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Why Fintech 2.0 Now?
- 2 years 10 months ago
- Payments
After a decade of being at the core of the financial services industry, having thousands of conversations with the brightest minds on our stages, hosting hundreds of workshops, and getting in the trenches with leaders solving real-world challenges, for the first time in our history, Money20/20 is proud to release our expert predictions in a thorough report about where our industry is headed over the next five years.
Clearpay Reaches Two Million Active Customers
- 2 years 10 months ago
- Payments
Clearpay, a leader in “Buy Now, Pay Later” payments known as Afterpay (ASX: APT) outside the U.K. and Europe, announced that it has reached two million active customers in the UK, just as the business introduces its first major global brand campaign, ‘Pay Better’. Pay Better
Consumer Spending Falls by 16% Since the Latest Lifting of Restrictions, According to Yolt’s User Data
- 2 years 11 months ago
- Payments, e-Payments, Money Transfers
User data from Yolt,* the award-winning smart money app, reveals consumers have spent on average 16% less since lockdown restrictions lifted on the 12th of April, as economic uncertainty continues, and people remain cautious about their spending as they come out of lockdown. However, people spent 9% more on eating out in the last two weeks of May, following the easing of restrictions on the 17th, when compared to the same period in March.
PayNearby bags the ‘Dream Company to Work For’ Award at the 19th Asian HR Leadership Awards 2021
PayNearby, India’s leading branchless banking and digital payments network, has been awarded as the 'Dream Company to Work For' at the prestigious 19th Asian HR Leadership Awards, 2021. The awards were presented at a virtual ceremony held on June 2021, attended by representatives from leading corporations, celebrating the achievements of all the winners. The Asian Leadership Awards recognize outstanding business leaders and organizations for... more
Worldline Steps up its Community Engagement Afforts by Encouraging Users to Make Donations Via its Payment Solutions
- 2 years 11 months ago
- Payments, Money Transfers
Worldline the European market leader in payment and transactional services, is committed to an ambitious Corporate Social Responsibility (CSR) strategy, aiming to achieve growth in a more sustainable way. As part of those efforts, Worldline encourages people to show generosity to the least fortunate in our society via its payment solutions.
Paysend Launches Paysend 4.0: a New Digital Money app Designed to Manage All Your Payments Needs from Just One Place
- 2 years 11 months ago
- Payments, Cryptocurrencies
Global FinTech Paysend today announces the global rollout of its new Paysend 4.0 app, combining the firm’s international transfers, multicurrency accounts and cross-border payments in a simple, top performing, all-in-one digital APP. The launch started in UK and is being rolled-out all over Europe.
Millikart Selects Compass Plus to Transform its Processing Business
- 2 years 11 months ago
- Payments, Banking, Infrastructure
As part of a large-scale strategic project to update its entire processing infrastructure, Millikart, the leading independent processor in Azerbaijan, has successfully migrated its Visa connections to its new platform. The migration of the Visa network is the first stage in the Millikart’s transformation project that will see it migrate all of its services to the open development payments platform, TranzAxis, from Compass Plus.
Payment24 Introduces ‘Vehicle Biometrics’ to Fast Track Refuelling
- 2 years 11 months ago
- Payments
Fuel management and payment solutions specialists Payment24 (www.Payment24.co.za) have launched a new module in their comprehensive solutions suite, bringing contactless, cardless and secure fuel payments to market.
Volt Raises $23.5M to Build Global Instant Payments Network
- 2 years 11 months ago
- Open Banking, Payments
· Volt to build global payments platform by unifying instant schemes around the world to a single point of access · New funding round is the biggest Series A on record for the open banking industry · The investment, led by EQT Ventures, will support Volt’s product development and international expansion activities
OROPAY’s Clients to Enjoy New Payment Options with Salt Edge
- 2 years 11 months ago
- Open Banking, Payments
OROPAY, a Cypriot EMI, has partnered with Salt Edge, leader in developing open banking solutions, for becoming PSD2 compliant to provide safe and secure payments to its customers. OROPAY is an electronic money institution regulated by the Central Bank of Cyprus, providing business & personal eMoney, and eCommerce solutions. The company focuses on international money transfers and aims to help businesses and consumers conduct their... more
Tink and Novalnet AG Enter Partnership for Open Banking Powered Payments
- 2 years 11 months ago
- Open Banking, Payments
German full-service payment provider Novalnet AG, and Europe's leading open banking platform Tink, have partnered to bring a new open banking payment solution to the European payments market.
LSB Issues Warning to CRM Code Signatories Over Authorised Push Payment (APP) Scams
- 2 years 11 months ago
- Payments
The Lending Standards Board (LSB) has today published its latest report detailing findings regarding the implementation of a provision of the Contingent Reimbursement Model (CRM) Code for Authorised Push Payment (APP) scams, which looks at signatory firms’ approach to the reimbursement of customers.
Money20/20 Predicts Central Bank Digital Currencies Spark New Era for Fintech
In a newly released Fintech 2.0 whitepaper, Money20/20, the place where the global fintech community does business, lays out its vision for the next era of fintech, as we enter the recovery phases of COVID-19. The paper predicts seismic shifts for the industry - most notably that digital currencies will become widely adopted in the banking sector in the next three to five years.
Switzerland’s PostFinance Selects FICO Falcon Platform to Protect Nearly 3 Million Debit Cards with AI
- 2 years 11 months ago
- Artificial Intelligence, Payments
Analytics software firm FICO today announced that Switzerland’s PostFinance will protect nearly 3 million debit cards with the FICO® Falcon® Platform, the world’s leading AI-powered payments card protection system. PostFinance, the financial institution of Swiss Post and a systemically important bank, will use the Falcon Platform to manage suspicious behavior on customers’ accounts, including activity that may be the result of scams, which are... more
