Anthemis’ Samantha Ghiotti Joins The Currencycloud Board To Support With International Expansion
- 6 years 2 months ago
- Payments, People Moves
Leading international payments platform Currencycloud has today announced the appointment of Anthemis partner and payments expert Samantha Ghiotti as a new board member, to underpin Currencycloud’s ambitious international growth plans.
Ithmaar Bank and Eazy Financial Services Announce Plans to Launch the Region’s First Biometric Payment Network
- 6 years 2 months ago
- Payments
Ithmaar Bank and Eazy Financial Services today announced plans to launch the region’s first biometric payment network, supported by the Labour Fund “Tamkeen”, providing new and more efficient alternative for customers to conduct many of their financial transactions.
Compass Plus Announces Global Expansion of Processing Business
Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has announced the global expansion of its processing business with its fully compliant, Mastercard and Visa certified UK-based processing centre.
Western Union and Techstars to Drive Payments Innovation
- 6 years 2 months ago
- Payments, IT Innovations
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, and Techstars, a worldwide network that helps entrepreneurs succeed, have come together to spur the next generation of disruption in the fintech sector with a focus on payments and seamless global money transfer. Over the next three years, Western Union will work with Techstars to run a mentorship-driven accelerator program and provide seed funding for... more
Gemalto and R3 pilot blockchain technology to put users in control of their Digital ID
- 6 years 2 months ago
- Blockchain, Payments, Security
Who are you, and can you prove it? The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple yet critical questions. By creating and managing their own 'Self-Sovereign' Digital ID, users can enroll with a host of different digital banking, eCommerce and eGovernment services, without having to go through repeated due diligence processes for each of them.
ZED Network Partners with Interstellar to Service Money Transfer Operators on top of Stellar
- 6 years 3 months ago
- Payments
Integrated global payments platform ZED Network today announced an agreement with Interstellar, a company that develops applications and infrastructure for the
SoftBank and Synchronoss partner on Proof of Concept for RCS and Blockchain-based mobile payments
- 6 years 3 months ago
- Blockchain, Payments
SoftBank Corp., a Japan-based telecom carrier; Synchronoss Technologies, Inc. (SNCR), a global leader and innovator of cloud, messaging, digital and IoT products; and TBCASoft, Inc., an innovator of cross-carrier blockchain platform technology, today announced that they have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standa
Paysend Releases the Beta Program for its New Global Account Service
- 6 years 3 months ago
- Payments
Paysend, an international payments and money transfer company, is today announcing the beta program for its new Global Account service. Built by a team of ex-Revolut engineers and designers, the Global Account is a simple mobile app that allows people to hold, move and spend multiple currencies globally. Ronald Millar, CEO, said “This is another great first for our team. They have created an award winning product that changes how consumers can... more
SmartStream further expands presence in Asia with new Chinese partner TGT Chibo Data Service
- 6 years 3 months ago
- Transaction Banking, Payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the appointment of TGT Chibo Data Service, one of the leading technology services and payment solution providers in China, as an official distributor partner for SmartStream’s TLM solutions in the Mainland market. This new agreement will allow TGT Chibo Data Service to initially market SmartStream’s reconciliations solutions to the... more
Over two-thirds of UK consumers still abandon online shopping purchases due to poor payment processes
- 6 years 3 months ago
- Payments
Online retailers are continuing to lose out on sales by failing to address customers’ preferred payment methods. According to research by PPRO Group, one of the fastest growing global FinTech providers, 67% of UK consumers have abandoned an online retail transaction due to the payment process, only down 1% in the past four years from 68% in 2014. With the biggest reasons cited as 22% didn’t recognise the payment process up from 6%.
SWIFT gpi to provide payment message error detection and upfront fee transparency
- 6 years 3 months ago
- Payments
SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers. More than 50% of SWIFT gpi payments are credited to the beneficiary in less than 30 minutes and many arrive in just a few seconds. A significant part of the remaining messages are delayed due to errors in the payment... more
Paxos Launches New Stablecoin
- 6 years 3 months ago
- Cryptocurrencies
Paxos today announced the launch of Paxos Standard™, the world's first regulated crypto asset. The Paxos Standard token is fully collateralized 1:1 by the U.S. dollar, issued by the Paxos Trust Company, and approved and regulated by the New York State Department of Financial Services.
Ripple and R3 Reach Settlement
- 6 years 3 months ago
- Blockchain, Payments
Ripple Labs Inc., provider of the leading enterprise blockchain solutions for payments and XRP II, LLC, release the following statement today: R3 HoldCo LLC, R3 LLC, Ripple Labs Inc. and XRP II, LLC announce that they have reached a settlement of all outstanding litigation between the parties. The terms of the agreement will remain confidential and both sides look forward to putting these disputes behind them.
FIME’s Shenzhen lab receives EMVCo, Mastercard and Visa accreditations
- 6 years 3 months ago
- Payments
FIME’s Shenzhen laboratory is now accredited by EMVCo to deliver contactless EMV® Level 1 card, terminal and mobile, and contact EMV Level 2 terminal testing, debugging and type approval services. In parallel, the lab has received accreditation from Mastercard and Visa to deliver contactless terminal testing and type approval services in-line with each scheme’s respective requirements.
Viva Wallet activates UK IBAN accounts for its business customers
- 6 years 3 months ago
- Payments
Viva Wallet activates UK IBAN accounts for its UK business customers via Faster Payments for direct money transfers between banks as well as payment providers in the UK.
