FSS and AFS Partner to Promote Digital Payments in the Middle East
- 4 years 4 months ago
- Payments
FSS (Financial Software and Systems), a global payments products and solutions provider and payment processor, and Arab Financial Services (AFS), the leading payment solutions provider and FinTech enabler in the Middle East and Africa, have entered into an agreement to bring omni-channel payment acceptance solutions to banks in the region. The partnership combines FSS’ technology expertise in acquiring and payments, with AFS’ payments processing... more
Currencies Direct Appoints Pedro Batista as Chief Payments Officer
- 4 years 4 months ago
- Payments, People Moves
Currencies Direct, the leading international payments provider, has appointed Pedro Batista as Chief Payments Officer. The newly created role will see Batista lead the organisation’s payments strategy – managing extensive banking relationships and the delivery of innovative payment solutions to enhance Currencies Direct’s product range and deliver a cutting-edge service to its clients.
Telleroo streamlines payments for accountancy firms with Moorwand
- 4 years 4 months ago
- Payments
Moorwand, a dedicated BIN Sponsor that turns compliance into a competitive advantage, today announced that it has been selected by Telleroo, a payments company focused on the accounting sector, for its e-money issuing and digital banking capabilities.
Visa selects GPS as strategic partner for Asia Pacific Fintech Fast Track Programme
- 4 years 4 months ago
- Payments
Global Processing Services (GPS), today announced it has entered a strategic partnership with Visa, the global leader in payments technology. The UK-based PayTech Pioneer™ will become a preferred issuer processor for Visa’s Fintech FastTrack Programme in Asia Pacific, with the goal to accelerate fintech innovation in the region and champion the success of local businesses.
Mastercard and Doconomy Extend Collaboration to Deliver a More Sustainable Future
- 4 years 4 months ago
- Payments
Doconomy and Mastercard today extended their joint effort to combat climate change. Moving beyond previously announced programs, this new arrangement brings the ability for any Mastercard issuer to offer their cardholder the ability to track and understand their carbon footprint based on purchases made. Today, the first bank in the U.S. and Nordea in the Nordics announced they will join The Bank of Åland in enabling clients to track and measure... more
Paysend secures money services business license in Canada
- 4 years 4 months ago
- Payments
Paysend, the UK-based fintech business, has secured a licence to operate in Canada, expanding its worldwide footprint for its global money transfers service. Paysend will launch the service to Canadian consumers early in 2020. Obtaining the money service business (MSB) license in Canada is Paysend’s first step in establishing its presence in North America. The license allows Paysend to offer its signature Global Transfers service in Canada.
GoCardless Chooses Accuity Payments Data to Accelerate Growth into US Market
- 4 years 4 months ago
- Payments
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, today announced that GoCardless, the leading global fintech for recurring payments, is using the Bankers Almanac Payments Data solution from Accuity to create a frictionless customer journey for businesses to collect payments in the world’s largest market.
Nets Trials Face Payments in Copenhagen
- 4 years 4 months ago
- Payments
With the tagline ‘Hungry? Face it’, Nets, a leading provider of digital payment services across Europe, has launched a pilot programme testing facial recognition as a payment method. Around 1,000 people – all working at Vibenshuset, an office community of 25 companies in Copenhagen – can sign up to participate in the pilot. By linking their face with their employee ID card, they can now pay for their lunch using their face at Kokkenes Køkken’s... more
International Digital Money Transfer Transactions to Reach 2 Billion by 2024
- 4 years 4 months ago
- Money Transfers
A new study from Juniper Research has found that global international digital money transfer transaction volume will reach 2 billion by 2024; up from 1.1 billion in 2019.
Morgan Stanley Vets Launch Cryptocurrency Derivatives Trading Platform
- 4 years 4 months ago
- Cryptocurrencies
A group of former Morgan Stanley executives is building a cryptocurrency derivatives trading platform. Based in Sinagpore, Phemex is the brainchild of Jack Tao, an 11 year Morgan Stanley veteran who worked as a software engineer on the bank's electronic trading desk, specialising in high frequency trading. Tao has assembled a group of eight former Morgan Stanley staffers for the new venture, which wants to be "the world's most trustworthy... more
Payments Fraud Poses Risk to Retail Growth
- 4 years 4 months ago
- Payments
Thousands of retailers and millions of shoppers are being targeted by fraudsters this weekend as the holiday shopping season begins, according to a comprehensive study by retail and fraud experts at GBG – the global identity data specialist.
Wirecard provides seamless payment solutions to ride hailing platform CarGo Technologies
- 4 years 5 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology is cooperating with CarGo Technologies for seamless payment solutions. The goal is to team up for all in-app payments for the ride hailing platform in Belgrade, Vienna and Zurich where CarGo Technologies is present, and as a payment partner for the company’s expansion.
Airbnb EU payments base opens in Luxembourg
- 4 years 5 months ago
- Payments
Airbnb has officially announced that they are set to process EU payments through Luxembourg as of 2020, as a result of Britain’s departure from the European Union. The American private home rental platform, Airbnb, has announced that EU payments between hosts and guests will be processed through the Grand Duchy as of 2020. The company opened a subsidiary in Luxembourg at the end of last year and has now been granted a payment institution license... more
Computop POS terminals now compatible with treibauf Pepper interface
- 4 years 5 months ago
- Payments
Computop, a leading global payment processor, today announced that its highly secure card terminals are available with the EFTPOS integration interface, Pepper, from the Swiss software service provider treibauf. The Computop card readers can now be accessed via this interface by almost 100 common POS systems.
Travelex establishes new Asia-Pacific headquarters in Shanghai
- 4 years 5 months ago
- Payments
Travelex, a Finablr company and a market leading independent foreign exchange specialist, today announced that it has established a new Asia-Pacific headquarters in Shanghai. As part of the move, Travelex is one of four companies to participate in the prestigious Certificating Ceremony for Multinational Corporation’s Regional Headquarters and Research & Development (R&D) Centers.
