Payments

BELGRAVIA CAPITAL INTERNATIONAL Receives Cash Payment, Appoints Renowned Dermatologist as Special Advisor to ICP Organics, and Provides Updates on Additional Blockchain Developments

6 years 10 months ago
Payments, Infrastructure

BELGRAVIA CAPITAL INTERNATIONAL INC. is pleased to announced that the second cash payment of USD $1.4 million, due from Cartesian Capital Group controlled Intercontinental Potash Corp. (USA) has been received. The Canadian equivalent amount received is $1.74 million. Current working capital, prior to the completion of the current financing, announced on January 3, 2018, is CAD $5.1 million.

Saxo Payments Banking Circle Up for Two FSTech Awards

6 years 10 months ago
Payments

Saxo Payments Banking Circle, the ground-breaking financial utility, has once again been recognised for its high level of innovation on behalf of the financial services (FS) industry. Banking Circle Virtual IBAN has been shortlisted for two FSTech Awards: ‘Financial Sector Innovation of the Year’ and ‘Most Innovative Product of the Year’. This adds to the two nominations in the 2018 Card and Payments Awards.

Kreditech Selects Mambu’s SaaS Banking Engine for Expansion into India

6 years 10 months ago
Payments

Mambu today announced it has signed a deal with Kreditech, the leading technology group for digital consumer lending using machine-learning based underwriting, to support the online lender’s entry into the Indian market. Kreditech currently operates in Europe and Latin America and will expand into India in early 2018, together with its partner PayU, a global online payments provider and Mambu client in Latin America. Mambu’s SaaS banking engine... more

Visa and Dynamics Unveil the world’s first Wallet Card

6 years 10 months ago
Payments

Visa and Dynamics today unveiled the Dynamics Wallet Card, an Internet of Things (IoT) device that holds multiple payment cards and includes a digital display allowing for greater security, instant issuance and on-card alerts or coupons. The Visa-branded version of the Wallet Card is the same size and shape as a normal Visa credit or debit card, yet it incorporates multiple features and technologies not previously found in a single payment card.

Google Merges Payments Platforms and Launches Google Pay

6 years 10 months ago
Payments

Google has finished revamping its mobile payment offerings bringing together Android Pay and Google Wallet in one product and creating a new brand called Google Pay. The new product merges Google’s existing mobile payment platforms. That includes Android Pay, which lets customers pay for things online and in stores with their Android phones, and Google Wallet, which lets you send money to your friends.

Klarna Payments Expands eCommerce Footprint with ACI Worldwide

6 years 10 months ago
Payments

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced an extended partnership with Klarna, leveraging ACI’s UP eCommerce Payments solution. This will enable online businesses in 10 major markets, including the U.S.

Dash to Bring Cryptocurrenyc Payments to Retailers in Spain

6 years 10 months ago
Payments

Dash, the top digital currency for payments, today announced a partnership with Bitnovo, the Spanish cryptocurrency payment platform, allowing consumers to purchase Dash in over 10,000 retailers throughout Spain.

Western Union fined $60 million for violating AML laws

6 years 10 months ago
Money Transfers

Financial Services Superintendent Maria T. Vullo today announced that Western Union has agreed to pay a $60 million fine as part of a consent order with the New York State Department of Financial Services (DFS) for violations of New York Bank Secrecy Act (BSA) and anti-money laundering laws (AML).

Gemalto launches the first biometric EMV card for contactless payments

6 years 11 months ago
Payments, IT Innovations, Infrastructure

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by Bank of Cyprus to supply the world's first EMV biometric dual interface payment card for both chip and contactless payments.

Finom Pioneers Cryptocurrency Stock Capital in Switzerland

6 years 11 months ago
Blockchain, Cryptocurrencies

Financial blockchain company Finom AG today announced it has become the first company in the world to increase its stock capital by such an unprecedented level of Ether (ETH) at 7,760 - the second most popular cryptocurrency. Finom's capital stock now comprises 2.5 million Swiss Francs (CHF).

ACI Worldwide and HyperPay Protect eCommerce Payments for Merchants Across Middle East with Real-Time Fraud Prevention

6 years 11 months ago
Payments

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that HyperPay, a leading payment service provider (PSP) in the Middle East and North Africa (MENA) r

Payment Industry Collaborates with EMVCo to Address the Complexities of Remote Payments

6 years 11 months ago
Payments

As EMVCo addresses the rapid growth of remote payments globally through its payment tokenisation, 3-D Secure, secure remote commerce, and mobile and security initiatives, industry stakeholders have responded by joining its Associates Programme. EMVCo today announces that eight new organisations have joined the programme in the past twelve months to play an active role in the strategic and technical direction of the EMV® Specifications.

Holiday e-Commerce Spending Sees Record Year

6 years 11 months ago
Payments

Nothing says the holidays like… delivery trucks? As the primary e-Commerce shopping period comes to a close due to shipping deadlines, Mastercard SpendingPulse reports that online shopping will play a bigger role in what’s under the tree than ever before. A new report out today finds that in 2017 e-Commerce saw the largest share of holiday sales ever (tracking at more than 11 percent) and growth of 16.3 percent compared to last year. The... more

Invoice2go Reveals mPOS device in Association with PayPal

6 years 11 months ago
Payments

Invoice2go, the simplest way for business owners and freelancers to track work and get paid, is today launching a mobile point of sale (mPOS) payments feature with PayPal Here, enabling the smallest businesses to be paid in person, nearly anywhere they are.