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Banking Circle, the Payments Bank for the new economy is reporting a significant uplift in its performance in 2021 as it continues to help Payments businesses, Banks and Marketplaces access global cross-border payments, accounts and liquidity management that enables their business customers to transact more efficiently both locally and internationally.

This latest funding round and support from General Atlantic is designed to accelerate Modulr’s vision to become a payments infrastructure leader across the UK and Europe and enable any software platform to embed payment capability using Modulr’s modern FinOps hub.

The technology partnership between DECTA and Entrust provides a solution, offering a timely and cost-effective way for banks, credit unions and fintechs to provide cardholders a comprehensive digital card experience from a single technology source.

Often during an acute crisis, people need help urgently. Many financial organisations struggle to launch secure and easily distributed payment methods fast enough. Cash isn’t accepted everywhere, it can be expensive to handle, it can create additional paperwork, and there can be a risk of the money getting into the wrong hands. 

Enfuce’s First Aid Card helps NGOs and other aid organisations in their day-to-day work to support people in need of urgent financial help. It’s fast and safe, and helps to maximise the impact of the aid by giving the organisation full control of how the money can be spent, and by whom. Enfuce takes care of everything else. Enfuce First Aid Card is powered by Visa.

Swipen’s managing director, Fraser Mitchell, has been nominated for The Influencer of the Year at the #MPEAwards. Influencer of The Year is voted for each year by our fellow payments industry professionals. Please add your vote for Fraser here: 
https://www.merchantpaymentsecosystem.com/awards#online-voting

There are approximately 300 million digital buyers in LATAM (with this figure forecast to grow 25% by 2025). Transact365 evaluate how to tackle fraud in the region.

Orenda Finance announced today it has been selected to use Stripe’s new Beta APIs for Financial Accounts, allowing for a flexible payments system on a reputable platform. This will allow clients to reach further afield across borders in various industries, giving them the environment to easily expand their business reach by doing financial transactions between countries seamlessly.

Bahrain Telecommunication Company – Batelco – has an impressive track-record of transforming its international money transfer services. In order to help Batelco integrate with Mastercard’s Transfast, Fable Fintech’s Growth Suite provides innovative technology and infrastructure support alongside Finleap. Fable’s Growth Suite offers its customers the unique opportunity to provide their own, white-labelled, cross-border payments system which incorporates a variety of methods. As a global banking infrastructure Company, Fable Fintech is ready to exceed that which banks can offer in ensuring the seamless movement of global payments. Batelco required speed, security, compliance, digital readiness and control; this is the story of the way in which Fable Fintech’s Growth Suite was able to meet those challenges.

A recent study found that SMEs across the UK currently owed a staggering £61bn in late payments. Take a look at our guide with how to manage late payments.

DigiDoe has unveiled a super-fast ‘Banking as a Service’ (BaaS) solution which enables innovative businesses to launch a new digital bank within days.

Neil Harris, CEO of b-yond and The Payments Association Advisory Board Deputy Chair takes up role as Group CEO of Pannovate.
Pannovate is a leading TechFin focused on the delivery of Banking and Payment products and services through a suite of full-stack omni-channel digital solutions.
Prior to this new appointment, Neil Harris, was leading the global business growth for Global Processing Services (GPS) since 2017, and in his new role will support the next phase of growth for Pannovate

BPC launches its full suite of SaaS cloud services on Oracle Cloud Infrastructure (OCI) from Ashburn, Virginia, creating a center of excellence to serve clients across North America, Latin America, and the Caribbean.

Pairing will see Ingenico provide ‘Move’ and ‘Desk’ payment terminals to Inspire Payments supporting the payments provider as it grows its merchant estate

The leading Swedish expense sharing fintech Steven has chosen Enfuce, one of Europe’s leading fintechs, as its payment card issuing provider. The aim of the partnership is to expand Steven’s expense sharing solution to multiple European countries in the near future, starting from Sweden.

In this blog, we look at the ‘what, why, when, where and how of a wind-up strategy. We dive deeper into the regulator’s expectations for an exit strategy and offer practical advice for firms on how to improve their plans.

We are delighted to be supporting the Rafiki Thabo Foundation. As we look to give more travellers in the UK the chance to save money, it is really important to Currensea to allow them to also give back to causes they are passionate about! Rafiki Thabo is a charity run by passionate individuals who are making a difference and this really resonates with Currensea. We are excited to see how we can help them continue to make life-changing differences to amazing individuals and communities in Kenya, Lesotho and Uganda.

London-based revenue management Fintech, MONET, is proud to announce the beta launch of its revenue-based lending platform with dedicated Creator Business debit cards and accounts for creators, providing infrastructure that is a world-first in its field.

The platform is facilitated by embedded finance specialist Weavr, using their technology to provide business banking and payments infrastructure.

Fintech scaleup adds 35 developers to its team, following period of exponential growth amid payments revolution. New hires bring extensive ecommerce and cloud infrastructure developer expertise to xpate as it builds out banking and data solutions for clients

Open Banking is the concept of sharing banking information outside the bank. Historically, data and actions with funds are only available to the funds owner and his bank. Open banking introduces the concept of the Banking Consent, when the funds owner allows some third party provider (TPP) to read his bank’s data – such as account information, balances transactions, etc.There is also a payment initiation option, which allows TPP’s to create new payment methods without any intermediaries – such as card schemes (Visa, Mastercard) and wallets (PayPal, AliPay).

Well, Noda Go makes it possible to register a user and fully verify their bank details, and even receive a payment/deposit, in just a few clicks. Noda Go is lightning fast and very easy to use. Our solution means the user doesn’t need to fill out loads of details because we receive all the necessary data directly from the bank. That means your client can quickly and safely spend money on their favorite service.

Buy now, pay later (BNPL) ubiquitousness is unparalleled these days and resembles a behavioural change that we haven’t seen in finance since the arrival of credit cards – a business model that BNPL is now challenging in a big way by putting greater purchasing power in the hands of a younger demographic.

While the classic four Ps are important, the real difference-maker is outstanding service. Your employees’ engagements with prospects and customers not only drive sales but also spur the most powerful marketing tool in existence: word of mouth.

There’s no shortage of advice on how to develop a world-class payment team. That said, the most impactful and eye-opening principle we’ve ever heard is:

Do unto your employees as you would have them do unto your customers.

Unfortunately, cultivating a high-performance team is not as easy as it sounds. That’s why we’ve outlined how fintech leaders can approach this challenge by looking inwardly at their internal processes.

We are proud to have launched the StarLiX platform. StarLiX is an innovative closed-loop tokenised payment and compliance platform that enables regulated payment service providers to send cross-border payments with provable end-to-end compliance along the payment chain.

Leading global payment technology platform GPS, the trusted go-to payments processing partner for today’s leading fintechs, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank and Paidy has today announced the appointment of Simon Stanford as Chief Revenue Officer.

• Simon joins GPS from global online payments platform Worldpay where he was Senior Vice President Group Executive for the EMEA region and led a commercial team of over 450 people. He has more than 20 years of commercial experience, predominantly gained at global technology and telecommunications businesses including Samsung Electronics and O2 (Telefónica UK).

• He will sit on GPS’s global executive committee and lead the company’s global commercial, partnerships and customer relationship management, and marketing teams with a focus on developing GPS’ global partnerships ecosystem, marketing and brand strategy, and driving revenue growth worldwide.

An original co-founder and former Commercial Director at Transact365, Lambert will oversee the fintech’s expanding merchant customer base and card schemes. He will also work closely with the rest of the senior management team to expand the business into new markets and take advantage of new opportunities in the fast-evolving payments landscape.

Exemplary actions from regulators in Europe and some APAC countries, fostering and incentivizing innovation, are behind the emerging local Open Banking (OB) initiatives. As a result, Fintechs are introducing innovative solutions such as simplifying cross-border shopping with local payment methods or streamlining credit rating processes. Promising results are driving the evolution of the OB initiative and hinting at wider adoption of such solutions.