Payments

nexo standards to Launch First Accredited Test Tool

Global industry association, nexo standards, today announces the launch of its first accredited test tool, delivering services in line with its latest nexo Implementation Specification NIS version 4.0 allowing the validation of an Acquirer Host supporting the nexo Acquirer protocol, version 6.0. Payment acceptance stakeholders can now feel confident solutions will interoperate seamlessly with other nexo-compliant players in the field, fast-... more Read more »

Brits care more about online payment security than convenience

British consumers care far more about online payment security than speed, simplicity and convenience, according to research from Equifax, the consumer and business insights expert. Two thirds (66%) of people rate safe and secure payments as most important in the online checkout process, with only one in ten being most concerned about speed or simplicity. Security ranked highest across all age groups, and was a particular concern for over 55s (75... more Read more »

iSignthis Ltd - Australian Licensing Update

iSignthis Ltd (ASX: ISX|FRA: TA8) (“The Company”) is pleased to announce that it has recently met with representatives from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA), and advises that its applications are progressing well, and likely issued this quarter. Engagement with the Australian Securities and Investment Commission (ASIC) also continues on our Australian Financial Services License (AFSL). Read more »

PayU Expands Operations to Southeast Asia

PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over the last three years. The move demonstrates PayU’s commitment to becoming the leading payments... more Read more »

Point of Sale (POS) Terminal Markets to 2024: Fixed & Hardware POS Systems have been Witnessing Growth at a Noteworthy Rate

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global POS Terminal Market. The report analyzes the Global POS Terminal Market By Product Type (Fixed and Wireless/Mobile), By Component Type (Hardware and Software) and By Applications (Retail, Healthcare, Restaurant, Hospitality and Others). Read more »

Payments Technology Company BPC Expands Middle East Presence with Opening of Pakistan Office

Switzerland-based payments technology firm BPC has opened an office in Pakistan to serve the growing financial services market in the Middle East. The office location is Karachi, the country’s largest metropole and financial centre. The BPC team, with global and local staff, covers the need for innovative payments solutions while taking advantage of the rich and growing pool of finance and technology talent available in the country. Read more »

FCA Proposes Ban on Sale of Crypto-Derivatives to Retail Consumers

The FCA considers these products are ill-suited to retail consumers who cannot reliably assess the value and risks of derivatives or ETNs that reference certain cryptoassets (crypto-derivatives). This is due to: Read more »

InstaReM Launches Card Issuing Platform for Fintechs and Enterprises

InstaReM, Southeast Asia’s leading digital cross-border money transfer and payments company, has announced the launch of its API-based digital platform that will enable start-ups, fintech companies and enterprises to launch their own branded cards. Read more »

SIA-New Specialized Payment Cards Center Inaugurated in Verona

In Verona today SIA has inaugurated a new specialized center for payment cards, capable of managing every stage of issuing, from conception to distribution, through a monitoring system compliant with the highest standards of security. The technological excellence center uses state-of-the-art equipment capable of producing an average of 10 million cards per year, with volumes that are scalable even further. Read more »

Wirecard and CreditPilot Announce Strategic Partnership to Drive Provisioning of Mobile and Digital Financial Services to Mobile Network Operators and Retailers

Aschheim (Munich). Wirecard, the global innovation leader for digital financial technology, and CreditPilot, a banking and B2B2C-focused fintech, have announced the signing of a new partnership agreement. Under the terms of the agreement, CreditPilot will incorporate Wirecard’s digital payment processing technology into its A2A (Any2Any) platform ecosystem for mobile and digital financial services provision, which is available to almost 100... more Read more »

Allied Payment Network Expands Technology Development Team

Allied Payment Network, the industry’s most progressive provider of online and mobile bill payment services to banks and credit unions, announced today the addition of Product Manager Adam Bischoff and Software Engineer Harold Smith. The company is expanding its team of world-class developers in response to the rapid growth in new clients and the market demand for product innovation. Both employees report to Chief Technology Officer Leo D’Angelo. Read more »

Banking Circle shortlisted for four Emerging Payments Awards

Banking Circle, the ground-breaking financial utility, has been named as a finalist in four coveted Emerging Payments Awards categories: Best International Payments, Remittance or use of FX; Best B2B Payments Programme; Best Back Office Innovation and Best Technical Service Organisation supporting Emerging Payments. Read more »

Nets and Swish Partner on First of its Kind In-Store Payments Pilot

Nets, a leading player in the European payments industry, and Swish, the number one payments app in Sweden, today announce their collaboration on an in-store payments pilot programme.  Until now, Swish has mostly been used for account-to-account transactions and, more recently, ecommerce payments. Now, the popular payment app is working with Nets to expand into the retail and service sectors by piloting in-store mobile payment functionality. Read more »

Klarna and BigCommerce Announced the Expansion of Current Partnership Globally

Today, Klarna, a leading global payments provider and licensed bank, and BigCommerce, a leading SaaS ecommerce platform for fast-growing and established brands, announced the expansion of their current partnership in the US, initiated in 2016, to also include Klarna’s European core markets. Read more »

EBANX Brings Commercial VPs with Focus in Asia and Europe

EBANX, a global fintech company offering full-service payment solutions from Latin America to global digital commerce merchants, announces several new key hires across partnerships, business development, customer service and product innovation. 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