Banking Circle, the cross border payments expert, has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks to increase their fees for receipt of SPayments Association local payments in EUR from GB IBANs.
Recently acquired by Mogo Inc., Modern Issuer Processor Carta Worldwide continues international fintech growth with Japanese market expansion
Leading payments provider Paynetics is delighted to share a selection of major milestones in its international growth journey from 2020. The e-money institution has released a new video celebrating its latest appointments, acquisitions, client wins, partnerships, events, launches and more from the last 12 months.
Leading payments issuer processor, Global Processing Services (GPS) has announced that it will be sponsoring findexable’s Fintech Diversity Radar, the world’s first global platform gathering progressive data to understand women’s impact and contribution to the digital economy.
Cybertonica, the advanced fraud and risk management provider, has appointed Carl Clump to its Board to lend his strategic and managerial expertise to the expanding business.
With its modern alternative approach to banking, U Account is helping to deliver greater financial inclusivity with a solution, powered by Modulr, that’s designed to help those underserved by traditional banks to improve their financial wellbeing.
Banker turned fintech investor bolsters Curve Board, ahead of expansion into US, deeper push into Europe and launch of Curve Credit
Luxembourg-based financial infrastructure provider Banking Circle, a partner of Payments businesses and Banks, has joined the Verband der Auslandsbanken in Deutschlan (VAB) which is the Association of Foreign Banks in Germany.
Rob Shore, Group CFO at EML, is very excited about the company’s 3-year Accelerator strategy.
The rise in technology companies looking to help us make better decisions in our finances has created a host of so-called FinTechs emerging into the market. But what is the right solution for you?
Ekata surveyed over 500 issuers & platforms. Download our ebook which aims to inform merchants of issuer readiness findings and future updates.
HIPS Payment Group Ltd, a provider of innovative and cost-effective e-commerce and mobile payment solutions, and licensed bank, Banking Circle, which delivers ground-breaking financial infrastructure for Payment businesses and Banks, today announced their partnership, which enables Hips to offer settlement with domestic payment rails.
Allstar Business Solutions Limited, the UK’s leading fuel management company, announces its new partnership with Gronn Kontakt, an electric vehicle (EV) charging company owned by Statkraft – Europe’s largest producer of renewable energy. The deal means that Allstar adds a further 47 charging sites and 110 charge points to the multi-branded Allstar One Electric network.
Fintech firm Curve adds former President of Samsung’s Global Strategy Group Cuong Do to its Board
Trust Payments has appointed Tom Pilling as Chief Risk Officer (CRO) responsible for overseeing the group’s risk management framework as it expands in key sectors and geographically into UK, EU and the US.
PPRO, the global provider of local payments infrastructure, is working with Banking Circle, the ground-breaking financial infrastructure provider, to enhance the PPRO service offering, supporting PSPs working with cross border e-commerce merchants. The partnership underlines the effectiveness of Banking Circle as a next-generation provider of mission-critical infrastructure for online cross border payments.
Join us for a cross pond webinar focusing on the enormous changes that are expected to impact payments in the US and UK featuring:
•In London, new K&L Gates Special Payments Counsel, Kai Zhang, and Partner, Philip Morgan.
•In New York, Partner and Global Fintech Co-Chair, Judie Rinearson.
•In Washington DC, Partner and Technology Law Specialist, Linda Odom, and Associate, Daniel Cohen.
•In San Francisco, Partner, Cryptocurrency and Fintech Lawyer, Jeremy McLaughlin.
Topics to be covered include:
•Expected changes to be implemented by the new US Democratic administration
•New leadership in the CFPB, SEC, OCC, and CFTC and what it means for banks and Fintechs
•UK and the implementation of Brexit with respect to payments and banking
•Anticipated changes in providing payment services to the UK and Europe
•The outlook for Fintech investment, Mergers and Acquisitions in the next 12 months on both sides of the pond
•What products and services are the winners and losers from these sweeping changes? Mobile apps? Traditional banking? Digital assets, stable coins and cryptocurrencies?
Press release announcing the Konsentus acquisition of Open Banking Europe from PRETA
Every business from sole traders to large corporations are always on the lookout for ways to save time and money.
With the big banks’ monopoly on providing financial services now broken by FinTechs and new players in the Open Banking space, the choice of alternatives has never been more exciting – and maybe a little confusing for newcomers.
The 6th Anti-Money Laundering directive (6AMLD) came into effect on the 3rd December 2020 and must be implemented by regulated businesses by 3rd June 2021. After the 5th AMLD introduced so many fundamental changes to the regulatory landscape, most notably introducing a focus on ultimate beneficial owners and strengthening the need for a Know Your Business offering, will the 6th be so impactful?
The EU has not at this point, granted the UK and GDPR equivalency status. We continue to hope that this, or a trade agreement is in place before the 31st. However, we have in place with our EEC clients standard contractual clauses under which we facilitate data transfers.
A new set of Standard Contractual Clauses (SCC) have been drafted, and the consultation period for these closed on the 10th December 2020.
Leading European Banking-as-a Service and payments provider, Contis, is delighted to announce its partnership with Pin4, an international fintech pioneering access to cash. This collaboration will enable account holders to access cash via their mobile phones which they can instantly collect at any enabled ATM, including any of 12,000 Cardtronics ATMs across the UK, without the need for a card or pre-registration.
On Wednesday 20 January at 4pm UTC, Ince hosted a webinar in cooperation with Lexology on the draft EU Markets in Cryptoassets (MiCA) Regulation. On 24 September 2020, the EU
With half of consumers more likely to go cashless as a result of COVID-19 businesses can no longer shy aware from the concept of a digital-first business model. And as this focus shifts, the concept of identity intelligence has become a strategic imperative. In the GBG State of Digital Identity Report we dive into the digital accelerations, tomorrow’s threats and outline a blueprint for the next normal.
Addition of payment fraud prevention extends expertise in anti-money laundering and financial crime NEW YORK – Refinitiv has expanded its suite of risk and compliance products following the successful acquisition of
Fintech and Payments Association member Paynetics AD has announced the appointment of Ian Clowes as chairman of Paynetics UK, as the regulated payment services provider continues to bolster its senior team.
Webinar | January & February 2021 View in browser As the UK’s transition arrangements with the EU draw to a close and the US beds in a new Administration, significant
New data from Open Banking pioneer Nuapay, powered by Sentenial, has revealed that consumers are frustrated with the user experience when making card payments online. This follows recent findings that highlighted a raft of payment card security failings. The news comes as retailers ready themselves for the busy festive shopping season – an event that is even more important this year as businesses seek to plug pandemic losses.
2020 saw significant growth in digital payments with the pandemic as one of the key factors. Covid 19 and shifting consumer behaviours steered the move toward contactless options and Open Banking for a safe, efficient, and contactless alternative to traditional payment methods.
Discover how Account to Account payment providers like Nuapay have worked to enable seamless recurring payments for businesses to deliver a faster and more frictionless experience for their customers.
Explore key trends including subscription models powered by recurring payments and QR codes which are fast becoming a mainstream payment method.
Digital banking is not only the future of banking but also it is allowing for new business segments to emerge and for smaller companies to compete on a more level playing field with major competitors. We’ll explain what they are and how they are making such a massive impact on the financial landscape of today.
The COVID-19 pandemic is changing the way businesses conduct themselves online as well as customer expectations about what they can do. In other words, shopping has moved from the retail space to anywhere a consumer has a smartphone and digital banking is among the greatest business innovations that have enabled this brave new world.
Disruption is a buzzword that is often bandied about in the media for one reason or another but rarely do we take time to consider what it actually means in the marketplace.
To watch that in action, we need only look as far as banking and how banking as a service, or BaaS, is changing the landscape of the once-staid financial industry forever.
With so much change coming to commerce and B2B payments, it is often hard to spot the trends of the future when you’re dealing with so much change here and now. That’s probably easier said than done, especially considering the dual track of digital banking and the traditional banking system that has underpinned much of global commerce over the past several decades.
Do you want to know how are profitable banking services being built? Join us for the virtual event Banking 2021 on February 11 at 5 PM GMT, meet the industry experts and learn more!
Moorwand is pleased to announce that Luc Gueriane, CCO, has joined a group of other industry figures to support the The Payments Association Project Banking Access group.
It is a great honour that Susan Brown the founder of Zortrex is nominated in the category Fintech, Cybersecurity, Susan Brown: To stand next to all the other professional semi finalists, is just amazing. You have all supported me 1 way or another by either liking my articles, or posting news about the major breach news, I just cannot thank you all enough. AccelerateHer has always had the initiative that Scotland Can Do approach.
Pre-pandemic, mobile wallets struggled to compete with the penetration rates of alternative – more embedded – payment methods. But then COVID happened and it caused the payments landscape to shift. But mobile wallets aren’t just for COVID, and here’s why…
According to new Allstar Business Solutions research, businesses are adapting with varying rates of success to futureproof their businesses in the hopes of surviving the post-pandemic normal
Renewed partnership means Keyfuels now has over 70% motorway network coverage in the UK
We are delighted to share the attached press release confirming the allpay.cards partnership with ambitious Danish fintech Blocser with designs on the fast-growing gig economy. Blocser has pinned their Butterfly Card to one of its biggest market moves yet – the UK offer to the near 5million now estimated as working in the nation’s gig economy.
Please find attached a release from allpay.cards and their work with Prosper2. Prosper is a business club and rewards programme who are currently investing in staff, training and marketing in anticipation of growth in 2021. The cards are unique to the market as they use a design that replicates carbon fibre, achieving a 3-dimensional effect.
Visa and Conferma Pay announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and eliminate outdated manual processes.
We are delighted to share the news that allpay Ltd based in Herefordshire, alongside the Scottish Government, has replaced the old UK Government voucher scheme in Scotland with prepaid cards to tackle food poverty with the project being saluted as Social Inclusion Project of the Year at the 2020 Payments Awards announced.
Changes in digital payments due to the global pandemic are likely to carry over into next year and will have security implications. Visa’s Chief Risk Officer Diego Paul Fabara identifies five key developments that will impact the global payments ecosystem in 2021
The banking platform will launch in the US and further its European reach in 2021 London, UK, 12.01.2021: Curve, the London-based fintech that combines multiple cards and accounts into one
Global Processing Services (GPS) Bolsters Asia Pacific Team with Head of Region Appointment
The new talent mark the business’ ongoing commitment to simplifying international payments by already offering nearly 80 international payment methods.
Checkout.com, the leading Connected Payments solutions provider, announced on 12 January the closure of a $450 million Series C fundraising round, tripling its valuation to $15bn and making it the fourth largest fintech globally and EMEA’s most valuable venture-backed business. Since its creation in 2012, Checkout.com has been driven by a firm belief that the way money flows into and out of businesses is changing. Its latest fundraise reflects its commitment to developing even more products to support progressive businesses as they reinvent industries and redefine the customer experience.
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
