Payments

Paymentology and Pie People partner to launch unique Shari’ah compliant Payment Solutions in the UK

Pie People have selected world leading payment processor innovator, Paymentology, to be their card processor. The leading edge Paymentology platform will form the backbone behind the companies new Shari’ah compliant banking payment platform. Pie People are building a full service Shari’ah compliant banking platform ground up to offer end to end Banking as a Service (BAAS). The Paymentology partnership is one of the first steps in this journey. Read more »

Most countries see growth in ATMs despite pressure from cashless payments

Payment cards and other cashless payment methods are reducing demand for cash, but many countries and sectors remain heavily cash dependent Fall in number of ATMs worldwide skewed by China data According to RBR’s brand new report Global ATM Market and Forecasts to 2025, the number of ATMs worldwide fell slightly in 2019, contracting by 15,000 units – half a percentage point. China is the main driver of this decline, itself seeing a fall of 30,... more Read more »

TrueCommerce enters into strategic partnership with retail payments specialist

Leading retail technology business TrueCommerce has entered into a new strategic partnership with international payment gateway provider Trust Payments, as it looks to broaden its offering to B2B e-commerce customers.   Read more »

PayNearby collaborates with IndusInd Bank for contactless payments at 2 lakh+ Kirana stores

In its bid to simplify ordering, payments and delivery of essentials during the lockdown, PayNearby, India’s fastest growing hyperlocal FinTech startup has now expanded its hyper local discovery and purchase application ‘BuyNearby’ for Pan India operations with IndusInd Bank as digital payment partner.  Read more »

CoinDCX announces US$2.5 million strategic investment from Polychain Capital and Coinbase Ventures

CoinDCX, India’s largest and safest cryptocurrency exchange, has announced that it has secured a US$2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures, the investment arm of San Francisco-based cryptocurrency giant  Read more »

ACI Worldwide Expands Benefits of Real-Time Payments to Any Digital Channel for Consumers, Merchants and Billers

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the launch of a series of new capabilities in its UP Immediate Payments solution. To address the increased demand for new real-time and digital payments during and beyond the pandemic, UP Immediate Payments now offers extended API capabilities for simple integration into any digital channel—including internet banking,... more Read more »

Bankart Selects IXOPAY

Last year Bankart put out a request for proposal (RFP) for a new Payments Orchestration Platform provider. IXOPAY is delighted to announce that after a long and competitive tender process it has been confirmed as Bankart’s new provider. Key criteria in Bankart’s decision were IXOPAY’s extensive feature set, maturity, and flexibility. Read more »

Bitstocks Research Indicates Britons Bemused by Bitcoin

Bitstocks, an established UK-based Bitcoin market advisory and educational media house, has spent the last couple of weeks broadcasting bitcoin across the airwaves in an attempt to re-educate the UK about the utility of bitcoin and blockchain technology. Read more »

Shopify introduces major product launches, including Shopify Balance and Shop Pay Installments

Shopify Inc., a leading global commerce company, announced new and updated products at Reunite, the company’s first virtual event that hosted members of Shopify’s global merchant community. Reunite, which was also open to Shopify partners and the public, covered the latest product news in areas like finance, retail, and shipping to showcase how Shopify is helping merchants future-proof their businesses amid COVID-19. Read more »

10th anniversary of Bitcoin Pizza Day: bitFlyer Europe reveals what the BTC price of two pizzas could have bought you since

To celebrate the 10th anniversary of Bitcoin Pizza Day – an important day in the digital currency calendar, marking the first time Bitcoin was used to purchase goods – bitFlyer Europe has looked back at the value of the digital currency on the same day each year since. Read more »

Recycling ATMs in Latin America to treble by 2024

Deposit automation and recycling terminals are revolutionising the way banks operate across the globe, allowing routine transactions to be migrated from the teller to self-service, significantly reducing cash management costs Brazilian banks look to recyclers to reduce CIT costs Read more »

Neobank Jingle Pay chooses W2 to power its new Super App for the Unbanked

W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with neobanking group Jingle Pay to power a new digital solution for the unbanked and underbanked in the U.A.E.  Read more »

Wirecard and websms enable smart shopping via SMS and Messenger

Wirecard, the global innovation leader for digital financial technology, and websms, a pioneer in mobile messaging, have come together to set new standards in mobile marketing. With this cooperation websms and Wirecard aim to make it possible to handle payment transactions in a simple way via SMS or directly in the chat messenger for the first time. Read more »

NatWest research: UK small businesses accelerate transition to cashless during pandemic

UK SMEs are moving to accept card and contactless payments at an increasingly rapid rate as a result of the coronavirus crisis, according to findings published today by NatWest. Read more »

Judopay and Mastercard partner with The Pharmacy Centre to ensure access and availability of medical supplies

Judopay, a leading mobile-first payment provider, today announced that together with Mastercard, it will enable The Pharmacy Centre to take safe and secure payments through its new PaybyLink solution, as well as other digital payments. Read more »

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