
PPS Provides Real Time Payments for the Post Office
PPS has made banking more efficient for Post Office customers by deploying a real time solution that allows card holders banking with the Post Office to make instant deposits.
PPS has made banking more efficient for Post Office customers by deploying a real time solution that allows card holders banking with the Post Office to make instant deposits.
Leading international fintech PR firm SkyParlour has today announced the appointment of Matt Pears to its board as Executive Director and Head of SkyParlour Scale.
This follows significant growth for the firm, which has increased its team by 50% and its revenue by 100% on pre-Covid figures.
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.
Just how good is our sector at diversity? And just as important, what actually is it? Indeed, if we can answer those two questions, how does fintech and financial services improve its standing to deliver a diversity dividend?
USDC and USDT are currently the world’s leading stablecoins, with a combined share of more than 80% of the stablecoin market. Both are pegged to $1, but they differ in terms of how they are backed and audited. So which one is better for cross-border settlements?
SWIFT, in collaboration with Capgemini, is conducting new experiments to test how we can interlink domestic CBDCs and take the next step towards seamless cross-border payments involving digital currencies.
This article dives into the history of social media marketing and its ever-changing landscape.
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.
This latest funding round and support from General Atlantic is designed to accelerate Modulr’s vision to become a payments infrastructure leader across the UK and Europe and enable any software platform to embed payment capability using Modulr’s modern FinOps hub.
Salt Edge has successfully passed the international ISO/IEC 27001:2013 information security surveillance audit, confirming once again the high level of reliability in protecting data from any threats.
Open banking is a global phenomenon created to boost innovation, competition, and efficiency by combining the strong points of both fintechs and banks. Here at Salt Edge, we’ve analysed thousands of demo requests and the actual experience of our clients to qualify the most spread and with the highest-potential open banking-powered use cases. Having discovered insightful findings, we are excited to share them with you in our latest report: Top 5 use cases for B2B companies powered by open banking.
The technology partnership between DECTA and Entrust provides a solution, offering a timely and cost-effective way for banks, credit unions and fintechs to provide cardholders a comprehensive digital card experience from a single technology source.
Often during an acute crisis, people need help urgently. Many financial organisations struggle to launch secure and easily distributed payment methods fast enough. Cash isn’t accepted everywhere, it can be expensive to handle, it can create additional paperwork, and there can be a risk of the money getting into the wrong hands.
Enfuce’s First Aid Card helps NGOs and other aid organisations in their day-to-day work to support people in need of urgent financial help. It’s fast and safe, and helps to maximise the impact of the aid by giving the organisation full control of how the money can be spent, and by whom. Enfuce takes care of everything else. Enfuce First Aid Card is powered by Visa.
Swipen’s managing director, Fraser Mitchell, has been nominated for The Influencer of the Year at the #MPEAwards. Influencer of The Year is voted for each year by our fellow payments industry professionals. Please add your vote for Fraser here:
https://www.merchantpaymentsecosystem.com/awards#online-voting
BCB Group, the leading provider of business accounts and trading services for the digital asset economy, is pleased to announce the appointment of Natasha Powell as Chief Compliance Officer.
There are approximately 300 million digital buyers in LATAM (with this figure forecast to grow 25% by 2025). Transact365 evaluate how to tackle fraud in the region.
The Swipen team made their way to London on 5th May for The Card & Payments Awards. We attended the event as a Category Finalist for the Best Payments Industry Newcomer award. The Card & Payments Awards recognise success and innovation within the payments industry from a diverse range of corporations. Winners are chosen by an experienced and completely independent panel of industry experts.
Orenda Finance announced today it has been selected to use Stripe’s new Beta APIs for Financial Accounts, allowing for a flexible payments system on a reputable platform. This will allow clients to reach further afield across borders in various industries, giving them the environment to easily expand their business reach by doing financial transactions between countries seamlessly.
Noda was launched in a private beta mode in Summer 2021. Company’s core area is Open Banking solutions for online services. Noda focuses on direct communication with online merchants, and instantly searches for new ways to apply Open Banking technologies in different fields to help e-commerce businesses grow and evolve. During the first year, we grew the team from 5 to 20 people, contracted with the first few merchants and polished the technologies and processes. As we see the increasing demand and specter of possible Open Banking applicability, we keep growing the muscles on product and sales expertise, with a high attention to both merchants and end-users online experience. For the moment, we quite fully covered our UK and European connections. So we are currently active in two areas:
Expanding the geography of connections – this year we plan to connect to the banks in Canada, Australia, and ASEAN countries. Next year, as soon as local banks are ready – USA, Latin America, Africa
Optimization of “Sign in via Bank” functionality – we are actively exploring technological and legal opportunities to increase the value of the service for merchants by providing them with the functions of benchmarking potential customers based on financial information. This will allow us to offer the most relevant products and services in the future, and optimize the Customer Experience for end-users.
Bahrain Telecommunication Company – Batelco – has an impressive track-record of transforming its international money transfer services. In order to help Batelco integrate with Mastercard’s Transfast, Fable Fintech’s Growth Suite provides innovative technology and infrastructure support alongside Finleap. Fable’s Growth Suite offers its customers the unique opportunity to provide their own, white-labelled, cross-border payments system which incorporates a variety of methods. As a global banking infrastructure Company, Fable Fintech is ready to exceed that which banks can offer in ensuring the seamless movement of global payments. Batelco required speed, security, compliance, digital readiness and control; this is the story of the way in which Fable Fintech’s Growth Suite was able to meet those challenges.
Uncovering the key questions and decisions that make a Payments-as-a-Service platform an increasingly viable option for banks looking to future proof their payments capabilities.
Payments are evolving significantly – and while there are many areas of development, one of the most significant is that of instant payments. But what’s driving the adoption of instant payments, and how is this area progressing in Europe and beyond?
A recent study found that SMEs across the UK currently owed a staggering £61bn in late payments. Take a look at our guide with how to manage late payments.
DigiDoe has unveiled a super-fast ‘Banking as a Service’ (BaaS) solution which enables innovative businesses to launch a new digital bank within days.
Neil Harris, CEO of b-yond and The Payments Association Advisory Board Deputy Chair takes up role as Group CEO of Pannovate.
Pannovate is a leading TechFin focused on the delivery of Banking and Payment products and services through a suite of full-stack omni-channel digital solutions.
Prior to this new appointment, Neil Harris, was leading the global business growth for Global Processing Services (GPS) since 2017, and in his new role will support the next phase of growth for Pannovate
BPC launches its full suite of SaaS cloud services on Oracle Cloud Infrastructure (OCI) from Ashburn, Virginia, creating a center of excellence to serve clients across North America, Latin America, and the Caribbean.
Pairing will see Ingenico provide ‘Move’ and ‘Desk’ payment terminals to Inspire Payments supporting the payments provider as it grows its merchant estate
The leading Swedish expense sharing fintech Steven has chosen Enfuce, one of Europe’s leading fintechs, as its payment card issuing provider. The aim of the partnership is to expand Steven’s expense sharing solution to multiple European countries in the near future, starting from Sweden.
In this blog, we look at the ‘what, why, when, where and how of a wind-up strategy. We dive deeper into the regulator’s expectations for an exit strategy and offer practical advice for firms on how to improve their plans.
Join a network of payment pioneers!
If you’re an innovator with interesting ideas and a unique perspective on the future of payments, come and see team Marqeta at Money20/20. There could be an opportunity to showcase your expertise at an upcoming live stream.
We are delighted to be supporting the Rafiki Thabo Foundation. As we look to give more travellers in the UK the chance to save money, it is really important to Currensea to allow them to also give back to causes they are passionate about! Rafiki Thabo is a charity run by passionate individuals who are making a difference and this really resonates with Currensea. We are excited to see how we can help them continue to make life-changing differences to amazing individuals and communities in Kenya, Lesotho and Uganda.
London-based revenue management Fintech, MONET, is proud to announce the beta launch of its revenue-based lending platform with dedicated Creator Business debit cards and accounts for creators, providing infrastructure that is a world-first in its field.
The platform is facilitated by embedded finance specialist Weavr, using their technology to provide business banking and payments infrastructure.
Fintech scaleup adds 35 developers to its team, following period of exponential growth amid payments revolution. New hires bring extensive ecommerce and cloud infrastructure developer expertise to xpate as it builds out banking and data solutions for clients
Open Banking is the concept of sharing banking information outside the bank. Historically, data and actions with funds are only available to the funds owner and his bank. Open banking introduces the concept of the Banking Consent, when the funds owner allows some third party provider (TPP) to read his bank’s data – such as account information, balances transactions, etc.There is also a payment initiation option, which allows TPP’s to create new payment methods without any intermediaries – such as card schemes (Visa, Mastercard) and wallets (PayPal, AliPay).
Well, Noda Go makes it possible to register a user and fully verify their bank details, and even receive a payment/deposit, in just a few clicks. Noda Go is lightning fast and very easy to use. Our solution means the user doesn’t need to fill out loads of details because we receive all the necessary data directly from the bank. That means your client can quickly and safely spend money on their favorite service.
Arf Co-Founder Kazım Rıfat Özyılmaz and Faisal Khan discussed this topic in a fireside chat on April 28th. The insightful discussion covers the impact of digital assets in terms of
Buy now, pay later (BNPL) ubiquitousness is unparalleled these days and resembles a behavioural change that we haven’t seen in finance since the arrival of credit cards – a business model that BNPL is now challenging in a big way by putting greater purchasing power in the hands of a younger demographic.
While the classic four Ps are important, the real difference-maker is outstanding service. Your employees’ engagements with prospects and customers not only drive sales but also spur the most powerful marketing tool in existence: word of mouth.
There’s no shortage of advice on how to develop a world-class payment team. That said, the most impactful and eye-opening principle we’ve ever heard is:
Do unto your employees as you would have them do unto your customers.
Unfortunately, cultivating a high-performance team is not as easy as it sounds. That’s why we’ve outlined how fintech leaders can approach this challenge by looking inwardly at their internal processes.
We are proud to have launched the StarLiX platform. StarLiX is an innovative closed-loop tokenised payment and compliance platform that enables regulated payment service providers to send cross-border payments with provable end-to-end compliance along the payment chain.
Upgrading the UK’s interbank payments infrastructure to align it with a growing digital agenda is an increasing necessity, and through The New Payments Architecture this project is well underway with many banks and Fintechs now in the process or assessing its impact.
But with this new way of organising the clearing and settlement of payments being at the forefront of payment innovation, a conversation is emerging around the types of access model and settlement models that will be supported.
Leading global payment technology platform GPS, the trusted go-to payments processing partner for today’s leading fintechs, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank and Paidy has today announced the appointment of Simon Stanford as Chief Revenue Officer.
• Simon joins GPS from global online payments platform Worldpay where he was Senior Vice President Group Executive for the EMEA region and led a commercial team of over 450 people. He has more than 20 years of commercial experience, predominantly gained at global technology and telecommunications businesses including Samsung Electronics and O2 (Telefónica UK).
• He will sit on GPS’s global executive committee and lead the company’s global commercial, partnerships and customer relationship management, and marketing teams with a focus on developing GPS’ global partnerships ecosystem, marketing and brand strategy, and driving revenue growth worldwide.
An original co-founder and former Commercial Director at Transact365, Lambert will oversee the fintech’s expanding merchant customer base and card schemes. He will also work closely with the rest of the senior management team to expand the business into new markets and take advantage of new opportunities in the fast-evolving payments landscape.
Originally developed for travel companies, ConnexPay broadens reach to other industries ConnexPay, an industry-leading payments provider that seamlessly connects acceptance and issuance for commerce intermediaries, has reached its 5th year
Arf CEO & Co-Founder Ali Erhat Nalbant joined “The Future of Crypto Payments” panel with FTX COO Constance Wang, OpenPayd Chief Executive Iana Dimitrova, and damex.io CEO Sam Buxton at
Crypto-backed lending has already become a major hit in the market – there’s no doubt about that fact. It offers a way for people and businesses that need money to
Industry initiative will support displaced people by connecting them with opportunities in the fast-growing fintech sector. It is looking for participants from the tech industry to join the collective and help match growth opportunities with talent displaced by conflict
Ozone API, developer of the leading standards-based software for open banking and open finance, has launched a suite of solutions that enable banks to move beyond compliance and convert their
Azimut, the largest independent asset manager in Italy and one of biggest in Europe, through its subsidiary Azimut Investments, has teamed up with Salt Edge, a leader in providing open banking solutions, for powering its newly-launched investment mobile app – Beewise in Italy, to allow users to aggregate account information and initiate payments straight from their smartphones in a secure and frictionless manner.
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