Payments

CoCoNet launches its next generation payment and cash management solution for banks’ corporate customers

CoCoNet announced the launch of MULTIVERSA IFP Version 4.0. This is the next generation of its highly successful payment and cash management solution for banks’ corporate customers. Banks that use the latest version of MULTIVERSA IFP will enjoy two main benefits. Firstly, they will be able to increase their corporate customers’ satisfaction by offering them an improved solution for payment and cash management services. Secondly, they will gain... more Read more »

FIME joins the Berlin Group’s NextGenPSD2 Advisory Board

 FIME has joined the Berlin Group’s NextGenPSD2 Advisory Board, a pan-European technical standardization body. Additionally, FIME is participating in NISP, which supports the implementation of the NextGenPSD2 XS2A interface, as defined by Berlin Group and in compliance with PSD2. FIME’s expertise will guide the stakeholders of the group’s open banking API standard in defining and testing efficient implementation solutions. Read more »

Fraud and cybersecurity announced as key focus areas for 2019 P20 Global Payments Conference

P20 has announced combating fraud and criminal transactions as the first major issue to be addressed at its global payments conference at Church House, Westminster, London on 3rd October 2019. In the UK alone, unauthorised financial fraud losses across payment cards, remote banking and cheques totalled £844 million in 2018. In addition, over 80,000 incidents of authorised push payment scams were recorded in 2018, totalling gross losses of £354... more Read more »

Smartphones are used by 62% of Brazilians to buy on international e-commerce websites, research shows

An exclusive survey on the state of cross-border purchases in Brazil has revealed that smartphones have been instrumental in democratizing access to global products and services: mobile phones were the preferred device for 62% of respondents when making international purchases last year. Read more »

Europe’s number one international news channel inks deal with freelance payment platform paydesk

Euronews, Europe’s number one international news channel, with a reach of 400 million households in 160 countries, today announced a strategic partnership with UK-based journalist payment platform, paydesk, the world’s leading booking and payment platform for freelance media professionals. Read more »

NSD Goes Live SWIFT gpi Service

National Settlement Depository (NSD) has begun to provide SWIFT gpi (global payment innovation) services. The first gpi transaction was conducted by NSD in late September 2019; the depository announced this at SIBOS, the annual international forum organized by SWIFT (which this year are holding in London). NSD is the first CSD to provide its clients with the gpi service which lets them conduct cross-border real-time payments and track the status... more Read more »

PXP Partners with Travelpack to Enable End-to-End Payments Processing

PXP Financial, the global experts in acquiring solutions, has teamed up with Travelpack Marketing and Leisure, providing the package holiday experts with frictionless payment services. One of the UKs largest independent travel companies, Travelpack has been supplying flights and package holidays for over 30 years. Teaming up with PXP Financial as its acquiring bank and utilising its gateway services, Travelpack now benefits from a fully unified... more Read more »

Bottomline Powers Faster Payments for Vive via its Real Time Express Service

Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced that new financial services entrant, Vive, is set to deliver real-time payments to its future customers on day one of trading. Read more »

Gresham and AccessPay partnership to accelerate global adoption of Clareti Multi Bank services

Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management, today announced a partnership with AccessPay, significantly enhancing its market-leading Clareti Multi-Bank cloud-based solution with connectivity to AccessPay’s enterprise-to-bank integration platform. Read more »

Klarna announces latest growth stats

Today, Klarna, the leading global disruptor of payments and banking and provider of smoooth retail services announces major UK milestones with the launch of its latest campaign — “No drama, just Klarna” — in partnership with some of the UK’s best-loved retailer brands.  Read more »

Equiniti announces landmark partnership with SWIFTEquiniti announces landmark partnership with SWIFT

Equiniti Business Payment Services (formerly EQGlobal), the international payments division of Equiniti Group, is delighted to announce that it has partnered with SWIFT, the global provider of secure financial messaging services. The partnership is announced at a time of significant investment for Equiniti Business Payment Services, a leading global business payment platform provider, as it enhances its customer experience though fast, flexible... more Read more »

Accuity Enhances its Financial Crime Screening Solution for Highest Levels of Accurate Alert Detection

Accuity, the leading provider of financial crime compliance, payments and Know Your Customer (KYC) solutions, announced new enhancements to its account screening and alert management platform, Firco Screening Insight – for accounts, including new data offerings, improved list management capabilities, and integration with third-party case management solutions. Read more »

National Bank of Canada and CGI team up to enhance the bank’s payments ecosystem

CGI (TSX: GIB.A)(NYSE: GIB) has been awarded a contract by National Bank of Canada (NBC) to implement All Payments (APS) as its payments hub solution. Under the agreement, NBC will deploy new technology in preparation for its adoption of Payments Canada regulatory changes. The modernized payments ecosystem will increase the bank’s straight-through processing (STP), improveoperational efficiencies and allow more flexibility in the bank’s product... more Read more »

Form3 announces the creation of its International Payments business

Form3, the leading provider of cloud-native API payments technology today announced the creation of its International Payments Business, a new initiative by Form3 to give financial institutions servicing consumers and SMEs access to low cost payments and FX services, utilising its API technology. Read more »

NatWest and Featurespace Partner for Real-Time, Enterprise-Wide Fraud Prevention and Transaction Monitoring

NatWest has agreed a strategic partnership with Featurespace to profile and monitor payments and account activity to prevent fraud and scams using Featurespace’s ARIC™ platform. The platform has the ability to detect and reduce third-party fraud losses and prevent overall fraud before the point of payment. Read more »

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