Cardtek Teams Up With Emcredit on Mobile Wallet for UAE Residents
- 7 years 10 months ago
- Payments
Today Cardtek, an advanced international payment solutions provider, is delighted to announce its partnership with Emcredit, a subsidiary of the Dubai Economic Department (DED). The purpose is to launch the secure mobile payment platform, emPAY, offering United Arab Emirates residents a national mobile wallet solution.
WEX Introduces Virtual Credit Cards to Singapore
- 7 years 10 months ago
- Credit Cards
Today WEX Inc., a major provider of corporate payment solutions, reported that it will begin issuing virtual credit cards in Singapore, expanding its program in the Asian region that currently includes Hong Kong and Thailand. WEX’s single-use virtual credit card (VCC) technology, assigns every transaction a unique card number, and provides companies with additional controls for security. Additionally, the VCC technology can deliver efficiencies... more
FCA Proposes New Rules to Tackle Credit Card Debt
- 7 years 10 months ago
- Credit Cards
The Financial Conduct Authority (FCA) is today proposing new rules to help customers who are in persistent credit card debt. This follows the FCA’s study of the UK credit card market, which found significant concerns about the scale, extent and nature of problem credit card debt.
India's ItzCash Further Invests in POS Terminals
- 7 years 10 months ago
- Payments, e-Payments
ItzCash India’s leading player in the digital payment space and a pioneer in prepaid card industry, today, announced further investment and scale up of its Point-of-Sale terminals. It will enable to pay, transact and withdraw money at local kirana store with ItzCash’s Point-of-Sale machine.
WEX Virtual Credit Cards Now Available in Singapore
- 7 years 10 months ago
- Payments
WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced that it will begin issuing virtual credit cards in Singapore, expanding its program in the Asian region that currently includes Hong Kong and Thailand.
Citibank to repay $5 million for inability to disclose A$ international transaction fees
- 7 years 10 months ago
- Credit Cards, Banking
Citigroup Pty Limited has to pay approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process its transactions.
Wells Fargo Adds Axis Bank to ExpressSend Remittance Network in India
- 7 years 10 months ago
- ATMs
Wells Fargo & Company (NYSE: WFC) announced today that it has added more than 2,500 Axis Bank locations to its ExpressSend® remittance payout network in India, bringing the total number of locations in that country to more than 8,300, in addition to nearly 35,000 ATMs. Wells Fargo also announced that beginning April 8, 2017, it will offer a $0 transfer fee for all ExpressSend transactions sent to India, extending pricing that was previously... more
Harbortouch POS Firm Launches Product Development Unit in Lithuania
- 7 years 10 months ago
- Payments, People Moves
Harbortouch, a market leader in point-of-sale (POS) payment solutions, is setting up a product development division in Lithuania. The division, which will be the company’s first outside the US, is expected to employ approximately 60 IT specialists.
ITG colaborates with Commcise for MiFID II research
- 7 years 10 months ago
- Payments
Today Commcise, the eminent provider of integrated commission management solutions for investment management firms, and ITG, a major independent broker and financial technology provider, reported that their research payment and management technology solutions have been integrated to provide a seamless end-to-end MiFID II research solution.
Iroquois Federal Savings & Loan Association Select Fiserv to Build Commercial Capabilities and Attract Business Customers
- 7 years 10 months ago
- Payments, Compliance
Today Fiserv, Inc., a world leading provider of financial services technology solutions, announced that
CaixaBank, Global Payments, Samsung, Visa and Arval Set up Payments Innovation Hub in Spain
- 7 years 10 months ago
- Payments
CaixaBank, Global Payments Inc., Visa, Samsung and Arval have joined forces to set up the Payment Innovation Hub, Spain's first innovation hub for commerce and payment methods. The hub is among the first where multiple industry leaders from around the world will research and develop innovative payment solutions together.
VocaLink Partners BancTec to Create Faster Image-based Cheque Clearing in the UK
- 7 years 10 months ago
- Payments
VocaLink, the global payment partner to banks, corporates and governments, and BancTec, a part of SourceHOV, a leading provider of enterprise information management (EIM) and transaction processing solutions, today announces that it has been selected by the Cheque and Credit Clearing Company (C&CCC) to build and run the infrastructure for an industry-wide image-based cheque clearing system that will significantly r
Hyperledger Member Will Take Part in Blockchain & Bitcoin Conference Russia
- 7 years 10 months ago
- Blockchain, Bitcoins
On April 19, Duncan Johnston-Watt, a member of the Hyperledger project and a serial entrepreneur, will speak at the annual Blockchain & Bitcoin Conference Russia in Moscow. He will reveal details of the large-scale project and present the case study related to the use of its instruments. IBM has recently announced about the launch of IBM Blockchain service based on the technology Hyperledger Fabric. It can be used for creating commercial... more
Seqr Joins Forces with Mastercard
- 7 years 10 months ago
- Payments
Seqr™, the innovative and easy mobile payment solution developed by Seamless, has joined forces with Mastercard to provide a contemporary and secure way to pay. Seqr continues to innovate by integrating Masterpass by Mastercard into its mobile payment app to provide even greater convenience to its consumers, by enabling them to make secure digital payments online, in-app and in-store. During the second quarter of 2017, Seqr customers will... more
76% of Merchants Experienced at Least One Complete Payments Outage Within the Last Year
- 7 years 10 months ago
- Payments
A new study commissioned by SafeCharge, a leader in advanced payment technologies, has revealed that payment outages and downtime are causing frequent disruption to merchants bottom line and growth abilities. The research ‘Payments, Interrupted’,conducted by WBR Digital, surveyed 200+ CFO, VP Finance, Payment Managers and Payments Controllers at large multinational retailers across Europe.
