Industry News

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

Compass Plus achieves accreditation for Faster Payments Compass Plus, an international provider of retail banking and electronic payments software for processors and financial institutions, has announced that it has been

Andrea Dunlop, CEO of card solutions and acquiring at Paysafe, takes a look at whether retailers are missing out on interchange fees. Has the door been opened for issuers to

Andrea Dunlop, Paysafe: Apple confirmed that with iOS 10, Apple Pay will open up for in-web purchases in addition to in-app purchases on iOS devices.   Just after Apple Pay launched

LTP recently had the pleasure of interviewing Alberto Dalmasso, CEO and Co-founder of Satispay, the app that has not only revolutionized mobile payments but has done so without involving traditional

Milano, 21 June 2016 – Satispay, a young Italian company that has radically redefined mobile payments, and ICCREA Bank announce a synergy that will generate immediate benefits for BCC’s own clients and

PayPoint Romania, the main retail-based cash and mobile payment operator in Romania, is partnering with ERB RETAIL SERVICES, one of the top three consumer lenders in Romania. People with consumer

The SUBWAY® brand is pleased to announce it has extended its partnership with leading food, facilities and uniform services company, Aramark. The partnership will see five SUBWAY® stores open across

Thames Card Technology Ltd reports that it has established manufacturing contracts with an estimated 60% of the UK’s issuers of plastic loyalty key fobs, also known as key tags, confirming

Thomson Reuters has announced the launch of its Org ID managed service solution for Know Your Customer (KYC) due diligence in South Africa, together with design partner banks Barclays Africa,

Travelport (NYSE:TVPT), a leading travel commerce platform has announced a new long term agreement with Travix, one of Europe’s leading global online travel agencies.  Based in the Netherland, Travix operates

TSYS has announced that Lloyds Banking Group, the UK’s leading provider of current accounts, savings, personal loans, credit cards and mortgages, has renewed its agreement with TSYS to continue to

According to new research from Visa, consumers across Europe are interested in using biometrics when making a payment – especially when integrated with other security measures. Nearly three-quarters (73%) see

Wirecard AG, a leading global payment and issuing company, today announced that it has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid card services have launched

Bottomline Technologies and Global Processing Services (GPS) have partnered to deliver banking lite services to the UK card market. With the integration of Bottomline Technologies’ award-winning solution, GPS’s platform includes

Grass Roots and Questback announce the launch of Tune, a quick-to-deploy packaged customer survey solution based on proven Customer Experience (CX) approaches already in place with major brands.  Designed by

IDT Finance’s Managing Director, Daniel Spier, gave an interview at PayExpo Europe in London in June 2016. Watch it here.

Are new technologies really disrupting the commercial financial industry, or are they simply helping us to return to the simple, accessible system that banks used to operate? Read Credit Collections

MasterCard has entered into a definitive agreement to acquire 92.4 percent of VocaLink Holdings Limited for about £700 million, after adjusting for cash and certain other estimated liabilities. VocaLink’s existing

TSYS has announced the availability of an electronic thought-leadership toolkit to help issuers understand and prepare for digital payments. Read more here.

Visa Inc. has announced the completion of its acquisition of Visa Europe Ltd. The combined, global company provides digital payment products, services and processing to about 17,100 financial institution clients

A new study commissioned by Visa forecasts significant growth in international travel by UK households in the next decade. UK spend on global travel is predicted to reach £63.4 billion

Four of the UK’s biggest high street banks have signed up to launch “Pay by Bank app” Mobile payment service. Bank of Scotland, Barclays, Halifax and Lloyds Bank are working

The “Inclusive by Design” report has been released by VocaLink, in conjunction with Federation of Small Businesses (FSB) and Toynbee Hall. The report reviews current payments systems and champions the

Wirecard and Travelex have announced the launch of Supercard, a new MasterCard® card and app combination for UK travellers to avoid overseas debit and credit card roaming fees and charges

Wirecard has been selected as card issuer for Norwegian-based prepaid programme manager, Paygoo. Paygoo have recently launched their first prepaid reloadable MasterCard following the previous launch of their MasterCard Gift

Thomson Reuters Intelligent Tagging clients can now deploy its capabilities behind their secure firewalls, enabling them to manage and potentially extract meaning and value out of massive amounts of data,

London – Thomson Reuters has launched the WM/Reuters 2pm CET benchmark, a new FX benchmark service designed for corporates looking to value, hedge and settle cross-border transactions. The benchmark offers

Independent French ISO JDC has migrated its 50,000 strong IP and wireless point-of-sale (POS) terminal estate to TNS and will use TNS’ innovative new TNSPay Access solution which has recently

TSYS and Equinox Payments have announced the availability of a semi-integrated payments solution to help Value-Added Resellers (VARs) quickly and easily develop and release EMV®-certified technology to their customers. Running

Combining expert travel knowledge and Fintech capability, Morris Visitor Publications (MVP)  and Contis Financial Services have developed the VisaTM “Where Pass London” a one-stop solution for visitors to London, delivering

Discover is introducing a new option for merchants to streamline the checkout process for all chip cards leveraging Discover, Diners Club International and PULSE Networks. Discover Quick Chip will reduce

Equinix has announced a strategic partnership with Datang Telecom Group in China.  As a part of the partnership, Datang Telecom, which currently holds a cross regional Internet Data Center (IDC)

FSS Technologies FZE, the middle-east subsidiary of FSS, has launched FSS Toggle in Middle East. FSS Toggle is an innovative and technologically advanced mobile application that allows the cardholders to

DiPocket, an international fintech company based in the UK, has announced the launch in Poland of its DiP account available through a mobile app – an innovative, easy-to-use and inexpensive

Pakistan’s top financial solutions company, Intelligenes, has joined forces with UAE’s Monami Group to cofound Monami Tech.  Monami Tech has also become a partner of Australian stock exchange listed fintech

Street UK, a leading supporter of the Change Account, has launched its new online affordable lending platform. Over the past 16 years, Street UK has advanced more than £15 million

Thomson Reuters and Hong Exchanges and Clearing Limited (HKEX) have launched a series of Renminbi (RMB) indices which measure the intraday performance of RMB against mainland China’s most important and

Local authorities and housing associations have saved thousands of pounds on procurement and payment processing costs, by expanding their payment options with the Procurement for Housing (PfH) Electronic Payment Services

In an effort to promote further adoption of EMV in the US, American Express have announced changes to its EMV chargeback policy to help merchants limit their fraud costs as

The Nilson Report covered Carta’s unique token services in their most recent issue.  The article includes information on the Token Processing Appliance (TPA), Smart Tokens, and Carta’s work with Nets,

Bank of England launches FinTech Accelerator We have today launched an accelerator to work in partnership with FinTech firms on the unique challenges that we face as a central bank.