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
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
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
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
APS financial (“APS”), one of the UK’s leading banking services providers, has today launched a £5 million bond offering via its subsidiary company, APS Bonds PLC. Investors will have the
The UK’s flagship switching facility, the Current Account Switch Service is three years old today (16 September). Since launch, the switching engine has seen 3,240,640 successful switches – including 73,899
Friendly Compliance By Tony Craddock, Director General We enjoyed a warm welcome from Allinpay in Shanghai, starting with a dinner to die for at one of the best gourmet
Glimpses of the Future By Tony Craddock, Director General Insight 1 – Difficult is not necessarily bad It’s overwhelming sometimes. The regulations are complex and changing. The behaviour of
China: A country of Paradox By Tony Craddock, Director General Formed on the ‘now’ and the ‘here and now’. And four hundred years to build a wall six thousand
Letters from the Eastern Innovation Front By Tony Craddock, Director General I’m sitting in a classroom on the 20th floor of the CKGSB in Beijing. Why do I have a
Pioneering lender becomes benefactor of The Payments Association’s Project Rome Project Rome targets fair and equal access to payments infrastructure London, UK. 13 September 2016 – The Just Loans
Nottingham, UK – 8 September 2016 – A survey conducted by Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has revealed
OPENING UP ACCESS TO BACS SERVICES In February 2016 we issued a consultation on access titled ‘Payments Service Provider Access: Widening Access and Choice’. The consultation sought to offer more choice
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
When the news of Brexit broke, there was understandably concern over its implications on the UK payments market. After all, since 1999 the EU has successfully launched initiatives aimed at
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
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.
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
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
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
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
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
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
Because the underlying technology supporting credit card payment processing hasn’t changed in decades, the majority of card issuers and financial institutions find themselves severely limited in terms of being able
In this article, IP Integration looks at why we buy Workforce Management (WFM) systems. We want them to take various inputs such as expected contact volumes, Average Handle Times (AHT),
The Department of Economic Development has issued a consultation paper on a range of proposals to grow the Island’s workforce. The ‘Proposals to Accelerate Economic Growth’ consultation is open until
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
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
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
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
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
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
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
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
TSYS has announced it has extended its payments agreement with Swisscard AECS GmbH to continue processing the company’s consumer credit and commercial card portfolios on the TS2® platform, as well
Global law firm K&L Gates LLP welcomes Judith Rinearson and Linda C. Odom as partners in the firm’s FinTech and Consumer Financial Services practices. Rinearson, who joins K&L Gates’ New
Compass Plus, an international provider of retail banking and electronic payments software for processors and financial institutions, has announced that Mutual Trust Bank Ltd (MTB), one of the top five
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
ABA Bank launches Cash by Code service using TranzWare from Compass Plus Kuala Lumpur, Malaysia – 1 August 2016 – Compass Plus, an international provider of retail banking and
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
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
