Press Releases

Challenges and Opportunities Borne by the European Single Digital Market

The promises of the European Union single market, while not full borne out in the reality of the business world, where the same are actually still far from the dream promised when it comes to the virtual single market. What does this mean?

In other words, the European Union might act as a single market when it comes to monetary issues and beyond, but the EU single digital market is hampered and its growth restricted by a myriad of factors including various compliance regimes and the logistical mastery needed to make it all work.

March 12, 2021

Intuit QuickBooks announces agreement with Modulr to power the new QuickBooks Business Account

Intuit QuickBooks, the small business platform, today announces it has entered into an agreement with Payments-as-a-Service FinTech, Modulr. Modulr will power the new QuickBooks Business Account, a new digital payment account[1] designed specifically for small businesses.

By providing payments infrastructure and digital payments expertise, the collaboration will allow QuickBooks to combine an industry leading business account with its suite of bookkeeping, accounting and tax tools, building on its vision to be ‘The One Source of Truth for a Small Business’.

March 12, 2021

Dear Luc: the payments agony uncle, a new segment with Fintech Futures

Moorwand, the payments solution provider which aims to transform compliance into an enabler of innovation, has launched ‘Dear Luc’, a new payments agony uncle column with Fintech Futures.

March 12, 2021

Mobility Industry Payment Solutions Trends

The mobility industry needs a game-changer now more than ever and a great place to start would be to take online payments on your website.

March 12, 2021

Vacuumlabs and Thought Machine partner to transform banking

Vacuumlabs has announced a global partnership with Thought Machine following the two firms’ successful cooperation in Asia.

March 11, 2021

Mastercard’s Open Banking Connect is now available to Lloyds Bank credit card customers

FEBRUARY 23, 2021 | LONDON, UK | BY JAMES THORPE Lloyds Bank customers can now pay their credit card bills via their mobile app, leveraging Mastercard’s open banking technology. Mastercard’s

March 11, 2021

NatWest Group and Mastercard expand payments partnership with a focus on innovation and customer experience

FEBRUARY 4, 2021 | LONDON NatWest Group to switch all Debit portfolios to Mastercard Mastercard and NatWest Group today announced an expansion of their payments partnership by agreeing to convert

March 11, 2021

Trends in the Payments Industry and the Convergence of Card-Present and Card-Not-Present Payment Systems

From currency notes to cheques and then banking cards to completely virtual transactions— the payments industry has come a long way in the last 100 years. The progression in the payment industry has also fuelled growth across the industrial spectrum.

March 11, 2021

Fulham Football Club welcomes Sokin as an Official Partner

Fulham Football Club is delighted to welcome Sokin as an Official Partner for the next three seasons, until the end of the 2022-2023 campaign.

March 11, 2021

Worldline achieves Mastercard “Enhanced Contactless” Certification on its new contactless standard

Worldline [Euronext: WLN], the European market leader in payment and transactional services, is proud to announce that the company is the world’s first payments player to achieve Mastercard Enhanced Contactless (Ecos) certification released in the end of January, on its new contactless standard for POS device through Ingenico, a Worldline brand since October 2020.

March 11, 2021

Paynetics partners with Benamic to power mobile first digital reward programme in Europe

Fintech and trusted payments enabler Paynetics has partnered with Benamic, the global leader in promotional fulfilment, to develop its mobile first, digital corporate card programme.

March 11, 2021

TecBan launches Open Finance platform in Brazil, powered by Ozone API

Payments Association member Ozone API are powering the launch of TecBan’s open finance platform in Brazil.

With a full open finance regulation being implemented in Brazil in 2021, the market could soon eclipse other open banking markets around the world due to it’s scale and the breadth of the regulation.

March 5, 2021

Contis and Bitpanda issue multi-asset debit card

A new Visa debit card from European neobroker Bitpanda launched this week. Combining Contis’ unique “zero-balance” Buffer technology with Bitpanda’s European-wide, multi-service platform has created one of the most powerful multi-asset propositions available – the Bitpanda Card.

March 3, 2021

Prepaid Financial Services Is Now Known As EML Payments

PFS has been fully integrated into EML.

March 2, 2021

Banking Circle identifies evidence of increased costs for EUR payments from UK as a result of Brexit

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.

February 25, 2021

allpay plants the seed for the next generation

allpay is today delighted to announce the launch of degradable swipecards, the next step in allpay’s green strategy.

Swipecards were a core innovation for allpay over 25 years ago, allowing individuals to pay their bills at outlets such as Post Office and PayPoint. Fast forward to today and the innovation continues with degradable cards with no deterioration to quality.

These will be available to all clients by spring 2021.

February 25, 2021

Perx Reward Has Helped Almost 250,000 Remote Workers Across Ireland In Pandemic

Close to a quarter of a million people around Ireland received a Perx Reward from their boss while working from home last year.

February 24, 2021

Konsentus acquires Open Banking Europe from PRETA

Konsentus has acquired Open Banking Europe S.A.S. from PRETA.

February 22, 2021

B2B Cross-Border Payments and Virtual IBANs: What’s the Common Benefit for Businesses?

One of the great innovations of the modern age is the ability of eCommerce to connect businesses, merchants, and consumers all across the world. Not only has this opened up new opportunities for businesses and consumers alike, but also it has expanded the realm of what is possible for small and medium enterprises on the global stage. And here we start with the interesting part of the current topic.

February 22, 2021

What 2021 Will Bring to the Global Payments Industry

The global economy is expected to begin the process of recovery from the 2020 pandemic throughout 2021 and an integral part of that will be the payments industry as well as virtual IBANs and digital banking.

Analysts see five major trends on the horizon for 2021 in how things will change for the payments industry and digital banking services including enhanced automation to more robust identity verification as well as an authentication technology.

February 22, 2021

What’s New in the EU Single Digital Market Arena?

Now, in 2021, and with the Brexit negotiations in their rearview mirror, the EU market is looking to digital banking solutions to help address problems of inequality, sustainability, and supporting a circular economy.

Indeed, the future of the market in Europe is not only digital but digital banking, in particular, will play a huge role in bringing about the social transformations and member-state cohesion needed to build economic resilience and growth for the future.

February 22, 2021

Corporate Banking Digitalization in Process: Trends and Driving Forces

What are some of the major forces driving the corporate banking digitization process? What are the factors and trends behind some of the most seismic moves in recent years in this otherwise quite conservative industry? What are the main key-topics we should have on our radar in order to stay ahead of our business competitors and be the first to learn what would be the next
“big thing”?

February 22, 2021

Digital Payments: What’s the Next Big Thing?

Not only is the extension of digital banking services and digital payments solutions integral to the growth of mobile and online marketplaces, but also it is central to the monetary revolution taking place right now with cryptocurrencies and the rise of a cashless economy. We have identified three major movements in digital banking that could shape how the next several years play out, from enhanced payments processing to the integration of new consumer blocks into the financial system.

February 22, 2021

Vialet selects Moorwand as Issuer and BIN Sponsor for new credit launch

Alternative financial solutions provider VIALET has selected Moorwand as the issuer and BIN Sponsor across Poland, Spain, Lithuania and Latvia for its new credit product.

February 19, 2021

EML announce record revenues of $95.3M and EBITDA of $28.1M

EML Payments Limited (ASX: EML) is pleased to release its FY21 Interim Report.

February 17, 2021

Beam partners with Nuapay to enable Open Banking ecommerce payments for WooCommerce merchants

Beam launches new service, to bring instant and secure payments to WooCommerce merchants via Open Banking. Leveraging Nuapay’s payments platform, Beam is aiming to help UK businesses save £100k over the next year.

The partnership enables Beam to provide Open Banking payments to its clients on WooCommerce – the open-source e-commerce plugin for WordPress – bringing online and omnichannel retailers the benefits of faster, more secure and cost-efficient payments.

February 12, 2021

Banking Circle identifies evidence of increased costs for EUR payments from UK as a result of Brexit

February 12, 2021

Carta Worldwide Expands into Japan

Recently acquired by Mogo Inc., Modern Issuer Processor Carta Worldwide continues international fintech growth with Japanese market expansion

February 12, 2021

Global Processing Services (GPS) and findexable Partner to Uncover Women’s Impact on the Digital Economy

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.

February 12, 2021

Carl Clump, Founder of Retail Decisions PLC and Pioneer in Payment Fraud Prevention, Joins Cybertonica’s Board to Support Global Growth

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.

February 12, 2021

Curve names CreditEase investment leader and former Citi chief Anju Patwardhan as non-executive director

Banker turned fintech investor bolsters Curve Board, ahead of expansion into US, deeper push into Europe and launch of Curve Credit

February 12, 2021

Banking Circle joins Association of Foreign Banks in Germany

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.

February 12, 2021

EML’s Group CFO Rob Shore’s Genetics Background Gives Him Deep Insights Into FinTech’s DNA

Rob Shore, Group CFO at EML, is very excited about the company’s 3-year Accelerator strategy.

February 8, 2021

Hips and Banking Circle partner to offer efficient merchant on-the-spot currency conversion

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.

February 3, 2021

Allstar adds 110 new charge points to EV network with Gronn Kontakt partnership

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.

February 3, 2021

Fintech firm Curve adds former President of Samsung’s Global Strategy Group Cuong Do to its board

Fintech firm Curve adds former President of Samsung’s Global Strategy Group Cuong Do to its Board

February 1, 2021

Trust Payments continues expansion and appoints Tom Pilling as Chief Risk Officer

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.

February 1, 2021

PPRO partners with Banking Circle to add value to PSP propositions

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.

February 1, 2021

Konsentus acquires Open Banking Europe from PRETA

Press release announcing the Konsentus acquisition of Open Banking Europe from PRETA

January 22, 2021

Contis partners with Pin4 cardless cash solution in UK and Europe

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.

January 21, 2021

Refinitiv successfully completes acquisition of GIACT

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

January 21, 2021

Paynetics appoints Ian Clowes as chairman of UK business

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.

January 21, 2021

Open Banking to improve payment experience – Press Release

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.

January 21, 2021

SMEs hit harder by lockdown 2 as financial pressure reaches tipping point

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

January 18, 2021

Keyfuels announces full acceptance across all Moto Hospitality Ltd forecourts and pumps with a further 28 sites added to the network

Renewed partnership means Keyfuels now has over 70% motorway network coverage in the UK

January 18, 2021

allpay and Blocser confirm card contract for fast-growing UK gig economy

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.

January 18, 2021

Cards on the table for a stake in the future

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.

January 18, 2021

Visa Commercial Pay Brings Virtual Card Capabilities to Clients and Partners Worldwide

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.

January 15, 2021