Industry News

John Davies set up Just Cash Flow in 2013 and to date has funded 400 companies, providing them with a Revolving Credit Facility that operates in the same way as

Amazon UK has announced the launch of the Amazon Women in Innovation Bursary created to help young women from less advantaged backgrounds fulfil their ambitions of a career in innovation

As the share of digital payments in Europe keeps on growing to reach 38% of payments by 2020, the continued transformation of Mastercard to an even more digital company is

Bacs, the organisation which owns and operates the UK’s Current Account Switch Service, has welcomed the Payment Systems Regulator’s announcement that CASS is now officially designated as an alternative switching

Novatti Group Limited (ASX: NOV, “Novatti” or the “Company”) has signed an agreement with RoyalPay Australia, the first Australian distributor for WeChat Wallet, following the commencement of commercial operations in

Employee access to social media (43%) and bring your device to work (35%) are considered to be the biggest obstacles to preventing security breaches and fraud according to fraud prevention

Paysafe is expanding its product capabilities by acquiring Income Access Group (“Income Access”), a pioneering affiliate technology business for a cash consideration of CAD$40m (approximately US$30m1). Income Access is a

A survey conducted by Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has revealed that industry expectations about the future of

Asian payments specialist PaySec has announced the creation of PaySec Indonesia and revealed partnerships with two of the country’s leading payment service providers. PaySec expands its international footprint with an

The United Settlement System (USS) has implemented a project to expand its network of cash recycling ATMs using Compass Plus’ TranzAxis platform. The ATMs will also be processed by Compass

Tramonex, the international financial services provider, has partnered with global transactions services provider, Saxo Payments, for segregated client accounts in 25 currencies, and FX liquidity. Read more here.

Currencycloud, the international Payments Engine behind countless financial firms, has signed a new partnership with Arkéa Banking Services, a subsidiary of Credit Mutuel Arkea. Through the partnership, Currencycloud will offer

The Bancorp and Varo Money, Inc., a mobile-only banking start-up that will help consumers gain greater control of their financial lives, have signed an agreement whereby The Bancorp Bank will

Diners Club is proud to offer a new solution for the UK Travel Account and Direct Booking Account that ensures you have 100% acceptance available with these accounts. Read more

Tencent’s subsidiary, Money Data Limited, has selected Thomson Reuters Risk solutions to comply with the Hong Kong Monetary Authority’s (HKMA) Anti Money Laundering (AML) and Countering the Financing of Terrorism

Diners Club International Ltd., as part of Discover Global Network, and JSC Kazkommertsbank, one of the largest acquirers and credit card issuers in Kazakhstan, will commence Diners Club card business

With Kenya one of the top countries in the world for mobile payment readiness 1, travellers can now use M-Pesa and Airtel Money mobile money transfer services to facilitate payment

Equinix has completed the second phase expansion of its LD6 International Business Exchange™ (IBX®) data center in Slough, London, doubling capacity to meet demand from customers in the financial services,

The Wirecard Group, a leading supplier of electronic payment and risk management solutions, has entered into a partnership with Commerzbank AG. Wirecard enlarges the portfolio of Commerzbank with easy to

Analytic software firm FICO has announced it is providing the decision management platform for UniCredit’s buddybank, a bank project exclusively designed for smartphones. Scheduled to launch in early 2017 in

Effective immediately, Fidor AG and GFT Technologies SE have reinforced their cooperation and signed a strategic partnership agreement to focus on developing mobile financial and banking apps, as well as

FIS has partnered with CO-OP Financial Services to add Cardless Cash to its CO-OP Terminal Driving services. The partnership brings additional security to credit union members by reducing risk of

Grass Roots (Grass Roots Group Holdings Ltd.), a leading employee and customer engagement solutions company, has entered into an agreement to be acquired by Blackhawk Network Holdings, Inc., a leading

IP Integration has announced that the Crown Commercial Service (CCS), who works with over 17,000 customer organisations in the public sector to provide these organisations services from more than 5,000

Law360, London (September 15, 2016, 8:00 PM BST) —   The Bank of England will set out a plan Friday to overhaul its creaking settlement systems, with radical changes predicted as the

TNS STRENGTHENS AUSTRALIAN PAYMENTS INFRASTRUCTURE WITH CONNECTIVITY TO APCA COIN NETWORK   September 6, 2016 – Transaction Network Services (TNS) is giving the payments industry efficient, secure and reliable connectivity

In an important industry milestone, Mastercard has become the first network to deliver all-digital payment service in-app, online and now contactless with Masterpass through the new Masterpass global digital payment

Payment Card Solutions are pleased to announce they will be working with The Greater London Authority to provide Bread4Business prepaid MasterCards to Team London Ambassadors. Team London Ambassadors are the

It is my pleasure to inform you that we have just completed a Management buyout of PCT from the Lenlyn Group with the support of a €12m investment from a

Recent studies commissioned by PayPoint Romania have shown that, at a national level, over 70% of PayPoint users want to be able to pay taxes through this system; as such,

PaySec, the provider of Asian payment solutions for some of the world’s biggest ecommerce marketplaces, has noted with sadness the closure of its namesake, a provider of digital wallets in

Bacs Payment Schemes Limited (Bacs), the organisation which owns and operates the UK’s Current Account Switch Service, has welcomed the publication of the Competition and Market Authority’s (CMA) final report

A first of its kind, Raphaels Bank Payment Services, a niche payments bank now offers Apple Pay to the bank’s Cash Passport Multi-currency card customers. The Cash Passport Multi-currency card

Bryan Cave is running a one-hour webcast on 25th August at 12 EDT discussing the legal issues of commercializing data and common questions regarding the creation of commercial data products.

Raphaels Bank has become the first new fully operational participating financial provider of Faster Payments, the UK’s 24/7 real-time payment service. Raphaels Bank is the 12th direct participant of the

Callcredit Information Group has appointed Steve Humm as chief operating officer. Steve Humm joins the Leeds-headquartered business from Hull’s KCOM, where he was chief information officer.  Humm has extensive experience

Saxo Payments, the global transactions services provider, is offering an insight into the current global B2B payment landscape, with the creation of a new infographic – available to download from

Newer, more powerful phones hit the market every few months, and millions of users throughout the US upgrade their devices regularly. According to Chargebacks911™ COO, Monica Eaton-Cardone, roughly 72 percent

Following the acquisition in November 2014, we are continuing to integrate the operations of Motivcom Plc and its subsidiaries (P&MM, AYMTM, Allsave, Filmology, Fotorama, Protravel, and The Voucher Shop). From

Compass Plus, an international provider of retail banking and electronic payments software for processors and financial institutions, has announced that it has been certified as one of only five companies

Thomson Reuters has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets. As a leading source of news and information

The 2016 Debit Issuer Study, commissioned by PULSE (a Discover Financial Services company), takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments. As a result of the

Transaction Network Services (TNS) has launched a dual diverse network for its dial payments traffic, giving acquirers full redundancy and fail over capabilities through one supplier relationship. The service, which

Equinix, Inc., the global interconnection and data centre company, announced the completion of the second phase expansion of its International Business Exchange™ (IBX®) in Melbourne, known as ME1. Phase two

Travelport, a leading travel commerce platform, has announced an exciting new distribution agreement with Airtrain, Brisbane’s leading airport transport service which connects Brisbane Airport to Brisbane City and Gold Coast

Analytic software firm FICO has released an interactive map of European card fraud, which reveals the UK saw Europe’s largest annual jump in card fraud losses for 2015. Most of