Payments

Zumo Rolls out Payment and Exchange Cryptocurrency App for Mass Market

Zumo, an Edinburgh-based mobile wallet and payments start-up backed by Coldplay bassist Guy Berryman, has launched an app that stores, sends and allows consumers to spend and exchange cryptocurrencies online. Today, customers can use the app to buy, sell and exchange both Bitcoin and Etherium cryptocurrencies. Since the start of lockdown in March, the price of Bitcoin has risen sharply as retail investors rush to Bitcoin as a safe haven. Read more »

Carbon launches its new Social Banking Service

Nigeria’s leading digital financial services company, Carbon (https://GetCarbon.co) in an effort to improve the experience of its customers, has launched Carbon Express - A keyboard extension that allows customers to access Carbon services from within whatever app they are using. Read more »

Nearly one of three consumers is past due on at least one bill - due to COVID-19 pandemic, new ACI Worldwide research reveals

Nearly one of three consumers (27%) is past due on at least one bill and nearly 50 percent will need up to a year to catch up on bills due to the COVID-19 pandemic, according to a new study from YouGov and ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions. Read more »

Moorwand inks deal with TWIGA Wallet for new card offering

Moorwand, which aims to transform compliance into an enabler of innovation, has been selected by TWIGA Wallet for issuing, acquiring and BIN Sponsorship services ahead of the launch of TWIGA Card. The TWIGA Card is the companion to the TWIGA Wallet and will be available either as a debit or full IBAN account to consumers across Europe.  Read more »

8x8 selects GoCardless to manage recurring payments across its growing global business

GoCardless, the leading fintech for recurring payments announces that 8x8, a leading integrated cloud communications platform provider, is using GoCardless to provide direct debit as a payment method to its customers worldwide. The company joins a growing number of SaaS businesses choosing GoCardless to power their global payments. Read more »

Surecomp supports DNB with full SWIFT readiness ahead of new 2021 deadline

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that one of its flagship customers - Norway’s largest bank DNB - is ready to be switched on with SWIFT-compliant versions of both its front and back-end solutions, IMEX and allNETT. Despite the deadline of the guarantee messaging standard moving back to 2021, DNB’s proactive approach is exemplified by dozens of other customers who have also... more Read more »

Europe’s Top 10 Cashless Countries: study by Merchant Machine

A new study by Merchant Machine has analysed Europe’s leading cashless economies. The study highlights the countries where citizens would like to go completely cashless the most and who uses contactless payments the most. You can view the graphic here. Read more »

Worldline launches the ‘World After COVID-19’ report to help business leaders prepare for the future

Worldline, the European market leader in payment and transaction services, today has published its ‘World after COVID-19’ report.  The report highlights the trends of the worldwide pandemic, both the immediate impacts and the potential long-term impacts, and presents key takeaways that business leaders may use to start adapting their strategies now to the post pandemic world.  Read more »

OpenWay Unveils Hygienic Payment Solution for Distributing Financial Aid

OpenWay, a top-ranked digital payments software provider, has launched a new solution: Way4 Social Cards. The solution digitalizes distribution of social benefits and eliminates common issues faced by social programs around the world. Read more »

British shoppers return £5.2 billion worth of goods each year, new report from Openpay reveals

British shoppers are returning a whopping £5.2 billion worth of goods purchased online each year, according to a new report released today from buy now, pay smarter solution Openpay. In fact, over one in ten (12 per cent) admit they have made purchases with returns in mind, intentionally buying more than they intend to keep.   Read more »

Mode launches new banking capabilities, powered by Modulr

Mode Banking​, the London-based FinTech backed by the co-founder of Twitter Biz Stone, is rolling out new banking capabilities including individual sort code and account numbers for all its users, as part of its long  term commitment to delivering a truly digital banking app. Read more »

Geidea set to transform the Saudi SME market with its BETA testing launch of new products

Leading Saudi fintech company, Geidea launches BETA testing for its new and innovative range of SME products that will be available in September of this year. With nearly 70% market share, Geidea is the number one payment provider to banks in Saudi Arabia, and is now targeting the SME market. With these new products and its existing expertise, Geidea will deliver to any business type end-to-end payment solutions and store management technology... more Read more »

Unibank completes the next stage of its migration to TranzAxis

As part of a large-scale strategic project that will substantially increase its offering and expand its business, one of the largest banks in Azerbaijan, Unibank, has successfully connected its in-house processing directly to Mastercard. The integration marks the completion of the second phase of a major project to migrate the bank’s payment infrastructure to the open development payments platform, TranzAxis, from Compass Plus. Read more »

Ebury launches instant payment service

Global transaction platform Ebury has launched its new feature, ‘Ebury Instant’, which allows clients to make and receive payments immediately, regardless of currency and the cut-off time that usually applies. Where both parties are Ebury clients, payments will arrive in the recipient's account immediately, in the currency in which the funds were sent. Read more »

Chargebacks911 launches Digital Chargeback University Educational Series

Chargebacks911, a dispute management specialist, announced dates for the first set of Chargeback University seminars, a series of webinars that educate online merchants about managing risk, payment disputes and internal processes, helping minimize losses and maximize revenue recovery related to chargebacks. Read more »

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