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Vesta Appoints Former Equifax Leader as Chief Product Officer

Vesta, a leading end-to-end transaction guarantee platform for online purchases, today announced the hiring of experienced Identity and Fraud industry leader, Hrishi Talwar as Chief Product Officer. Hrishi Talwar will lead global marketing and product functions at Vesta. For more information visit www.vesta.io

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PXP DaoPay Q&A

PXP CEO, Kamran Hedjri sat down with Peter Krapfl, founder and CEO of DaoPay to discuss how their partnership will support merchants to galvanise their approach to payments, streamline their businesses and confidently expand into new markets.

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Banking Circle increases flexibility with payment solutions fit for purpose

Banking Circle, the tech-led B2B Payments Bank, has further simplified B2B payments by adding Dynamic Sender Name to the suite of solutions available to Payments businesses. Delivering a consultative approach to ensure Payments businesses have access to the best payment solution for each customer use case, the addition of Dynamic Sender Name complements the other payment methods already available from Banking Circle.

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FLEETCOR® appoints Tom Rowlands as MD, Global EV Solutions to super charge its electric future

FLEETCOR®, parent company of the UK’s leading fuel and electric vehicle (EV) management company, Allstar Business Solutions, today announces the appointment of Tom Rowlands as Managing Director of Global EV Solutions.

Now heading up FLEETCOR’s EV product solutions globally, Tom will focus expanding the company’s EV footprint, strategically rolling out the company’s market-leading EV products and services that will help fleets manage the transition to EV.

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The Future of Payments: Flexibility, Regulation, and Bespoke Models

The payments sector has innovated and developed rapidly over the past few years, mostly to make existing processes as efficient and streamlined as possible. In the years leading up to the pandemic, the fintech boom saw the birth and development of many new digital technologies that sought to attract and gain customers – including the inception of By Now Pay Later (BNPL) models, advancements in cybersecurity, contactless payments, cross-border transactions, and more.

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The global fintech race

London, New York, and Silicon Valley are known as the top three biggest fintech hubs, globally. With the number of private high-growth UK fintech’s based in London alone continuing to steadily increase from 847 in July 2021, it’s easy to understand why the West is viewed as more technologically forward. For many years it has comfortably led the race when it comes to reaching peak financial technological advancements. 

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PXP Financial and DaoPay announce their long-term strategic partnership to deliver enhanced payment services across Europe

• Customers will benefit from an enhanced card acquiring service at launch, and an alternative payment method (APM) aggregation service throughout Europe later this year.
• For customers, this means getting all services related to acquiring – from accepting card payments or APMs to receiving money from a single source, as well as access to 100+ payment methods, including mobile and patented phone-based payment solutions.
• As a result, administrative efforts will be reduced to a minimum, and customers will benefit from greater flexibility and less friction in the payment process.
• The new joint solution will give customers access to acquiring service for greater flexibility and less friction in the payment process.

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Banking Circle ecosystem cuts environmental impact for its Money20/20 Europe stand

Building on the success of its first sustainable stand in 2021, a recycled and recyclable stand has been designed for the Banking Circle ecosystem at Money20/20 Europe. Featuring every part of the ecosystem – Banking Circle S.A., YouLend, Biller, SEPAexpress and B4B Payments, every element of the stand, except the lighting feature, has been created using recycled materials.

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SCA Standards & Regulations Across the Globe

SCA, or Strong Customer Authentication, is not a topic exclusive to the EU (or the PSD2, for that matter). Today, we can see it popping up in financial conversations across the globe. And even though global SCA regulations all share the same stigma of ‘expensive’ and ‘inconvenient’, the need to implement SCA and increase the security level of our authentication systems is as relevant and urgent as ever before. Read on to see what is brewing in the world of payment authentication across the US, Asia, Europe and the Nordics.

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Sumsub Partners With Orenda

Orenda Finance is always looking for ways to improve customer experience, which is why they’re thrilled to announce that they are continuing to expand Orenda’s thriving marketplace with yet another exciting partnership. Already trusted by over 1000 clients, Sumsub has partnered with Orenda as a KYC/KYB vendor to support the quick and seamless onboarding of end customers onto Orenda client’s programs and platforms.

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Global Processing Services names Cameron Cox as Chief Transformation Officer

• Cameron Cox has been appointed Chief Transformation Officer at Global Processing Services(GPS), the issuer processor behind Revolut, Starling and Curve.

• He was Head of Technology Transformation & Global Chief of Staff at Worldpay and will spearhead global strategic transformation at GPS, taking them through the next phase of accelerated growth.

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PPS Provides Real Time Payments for the Post Office

PPS has signed up to the Banking Framework offered by the Post Office Ltd that allows customers to deposit instantly using their existing Chip&PIN card.
Individuals and small businesses using PPS services can now deposit cash instantly to their accounts at 11,500 post offices across the United Kingdom.

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Global Processing Services names Cameron Cox as Chief Transformation Officer

• Cameron Cox has been appointed Chief Transformation Officer at Global Processing Services(GPS), the issuer processor behind Revolut, Starling and Curve.

• He was Head of Technology Transformation & Global Chief of Staff at Worldpay and will spearhead global strategic transformation at GPS, taking them through the next phase of accelerated growth.

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The Future of Payment Security

Okay loves to talk about the future of payment security. So why not take a look at how the digital payment and security landscapes of the future are intricately connected, and at how authentication solution providers are indeed a central piece of that puzzle?

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Finerio Connect, Ozone API and Visa Collaborate to Facilitate Open Banking for Financial Institutions in Latin America & the Caribbean

Finerio Connect, a Mexican fintech, together with Ozone API and Visa announce their collaboration to support financial institutions in Latin America & the Caribbean to navigate open banking. Collectively, the three companies will offer an end-to-end set of tools and capabilities enabling rapid implementations – according to market readiness and compliance requirements.

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Local Payment Method Trends in Fast-growing & Emerging Markets

May 30, 2022. 2021 has seen a strong rebound post-pandemic in online shopping as the global e-commerce market amounted to 13 Trillion dollars in value that year. Emerging markets such as India, parts of Africa, The Balkans and the Baltics, have gradually become a stronghold for eCommerce businesses. The online sales increase from emerging marketplaces is expected to contribute to 20% of all retail sales in 2022. Local payment methods(LPMs) played a crucial role in supporting the growth of this economic activity by setting a native and stable payment infrastructure to support the demand for online shopping both locally and cross-border.

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How Better Payment Training Can Prevent Bad Customer Experiences

Unless you’ve been living off the grid for the last 20 years, you’re well aware that the payment world is growing increasingly digital. So, it’d be logical to assume state-of-the-art technology is the predominant differentiator for payment companies — having the best tech should be the biggest competitive advantage, which implies businesses should heavily invest in R&D.

However, based on consumer reviews, that’s not necessarily the case. Tech matters, but it’s not the biggest factor in the eyes of the consumer.

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The Future of Banking Infrastructure

As emerging technology continues to transform the way businesses and consumers spend their money and manage their finances, the future of banking looks to be bright, innovative and accessible. This article explores how new core banking platforms are innovating the sector.

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Global Processing Services names Jill Docherty as Director, Global Partnerships

Global Processing Services (GPS), a leading global payment technology platform that powers Starling, Revolut and Curve, has today announced the appointment of Jill Docherty as Director, Global Partnerships.

Based in London, Jill sits on GPS’ global executive committee and is responsible for identifying, leading and managing all GPS ecosystem partners, facilitating collaboration to drive innovation and growth for GPS and its customers.

Jill spent fifteen years at Mastercard and Visa where she held a number of senior roles across Business Development, Customer Success, Product and Marketing. Jill also has extensive international experience having lived and worked across three continents, Africa, Asia-Pacific, and Europe.

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Banking Circle maintains ambitious growth trajectory in 2021

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.

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