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allpay Limited awarded contract to deliver £1.35 million project supplying prepaid Cards to Herefordshire Shop Local campaign.

allpay Limited are delighted to have been awarded a contract by Herefordshire Council for the delivery of its Shop Local campaign.

The Hereford-based company secured the contract following an open procurement process to produce prepaid cards – keeping the council’s own spending within the county. As part of the £1.35 million project, every household in Herefordshire can apply for a prepaid card before January 31st 2022, loaded with £15 to spend as part of a major campaign to help the county’s local and independent traders.

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There are over a billion emerging market consumers. We explain how to access them.

When considering the top examples of disruptive technology set to transform businesses in 2022, the metaverse and blockchain no doubt rank high in the minds of most people. While these technologies will have a profound and enduring impact on society, we should not let this overshadow the impact certain B2B platforms are having in actively transforming businesses. Global payment gateways and payment services providers (PSPs) are deploying new payment technologies to ensure merchants can access new markets once considered out of reach… 

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Biller.AI joins the Banking Circle ecosystem

Biller, an AI-driven Buy Now Pay Later (BNPL) company focused on business invoices, is set to join the Banking Circle ecosystem of financial services and applications. After closing of the acquisition, Biller will operate as an independent sister company in the Banking Circle ecosystem.

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ECOM21 Conference, organized by our esteemed Payment Organisation member DECTA in collaboration with Deloitte and Mastercard, is back!
Don’t miss a chance to #MeetDECTA and others at ECOM21 on 7-8 April 2022 in Riga, Latvia.

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Transact365 introduces seamless cross border payments in India

By using our gateway solution, merchants can now access new opportunities in India without having to form local payment partnerships or establish an Indian company. This move ensures merchants have access to over one billion Indian-based consumers enabling them to pay faster in a familiar way.

This launch in India is the first in a series of big market expansions planned for 2022. Having already expanded into Europe, Asia and Australia, our payment gateway system ensures merchants of all sizes and sectors can access fast-growing markets seamlessly and quickly. 

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Nium Unveils Industry Predictions for 2022

Nium, a leader in global payments and card issuance for businesses, today unveiled its predictions report for 2022, examining the latest trends in regulation, crypto, travel, and global payments.

Explore Nium’s seven predictions across three key areas including:

Regulation: Regulators are taking notice of new payments methods such as cryptocurrencies and Buy Now, Pay Later methods

Travel: As travel returns to pre-pandemic volumes, the industry will look to fintech to drive revenue

Global Payments: New technology infrastructure is the emerging theme across major industries; payments particularly will transform to cater to evolved consumer behavior.

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Best Practice Guidance for AML and CTF risk assessments

All financial services firms in the UK are required to carry out risk assessments for Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF). Yet a survey of AML audits reveals that some firms do not have risk assessments, and many that do, fail to record the rationale they adopted when arriving at their risk assessment.

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