
AccessPay aims to double headcount in 2021
Manchester FinTech Accesspay has made three senior hires as part of ambitious growth plans to double headcount in 2021.
Manchester FinTech Accesspay has made three senior hires as part of ambitious growth plans to double headcount in 2021.
The deadline for the 6th Anti-Money Laundering Directive (6AMLD) is rapidly approaching — currently, it is set for June 3rd. That said, the question of whether 6AMLD’s measures are clear and robust enough to combat the ever-growing problem of money laundering remains.
Marius Galdikas, CEO at ConnectPay, has taken the opportunity to overview how the AML regulatory framework has changed over the years, starting with the first Anti-Money Laundering Directive. He has also outlined what to expect in the near future, as some challenges regulators have yet to outline as possible threats.
We are extremely proud to announce our expansion to the United States with Paysafe Group & Mastercard as a partner of their Digital Doors program.
SimplyPayMe will from now on empower & enable American SMBs by allowing them flexibility in getting paid and the ease of running their business, all within one single application.
We are also working with banks and digital partners to help them serve their SMBs better, giving them the option to offer SimplyPayMe as a value-added service or as a white label.
Demand for cash injections from alternative finance providers shows no signs of abating, as such, lenders must embrace innovation to improve their business finance offering. Read @Currencycloud’s blog to discover how APIs are the future of invoice finance. https://bit.ly/3wEqwCr
I hope you are well and enjoying the sunshine! I have a story here from Judopay that you may be interested in covering?
Judopay, a leading mobile-centric and fully cloud based payments provider, today announces that, alongside partner Nuvei, the technology providers will enable a seamless and touch free mobile payment experience for customers at KFC restaurants throughout Spain.
The deal will enable KFC to shift its strategy to focus on providing its customers with an omnichannel experience; Judopay and Nuvei’s innovative solutions provide optimised processing speeds and transaction approvals at scale, delivering effortless payment experiences across all channels.
Ordo wins Open Banking Expo #PoweroftheNetwork Award 2021!
Moorwand is pleased to announce their latest partnership with Payme Swiss. Moorwand will be providing issuing, BIN Sponsorship, and digital banking services to Payme Swiss to help revolutionise card and wearable payments, across Europe, for predominantly affluent and high-net-worth individuals (HNWI).
This 2021 report summarises a survey taken by over 200 payments professionals across the banking, financial, fintech and corporate sectors. It provides an overview of the payments landscape, explores the key findings, and provides insight into the various elements that had an impact on failed payments throughout 2020.
PSD2 is a hot topic for the UK market. How can we tackle it?
We take a look at challenges and solutions for the UK payment ecosystem in complying with PSD2 requirements.
With PSD2 now live in most European countries, being 5 months past the December 31, 2020 deadline, the UK is next, as the deadline for March 2022 is approaching. In order for the cardholder and merchant to properly adopt additional authentication without abandoning the transaction, the main focus is eliminating as much friction as possible. Testing data¹ from merchants such as Amazon, Google and Microsoft has shown that although Strong Customer Authentication has been enabled for most of the UK ecosystem, it is still grappling with several issues. Examples of this are relying on Risk Based Authentication for lower challenge rates, issuer readiness on latest protocols, issuer latency and lastly confusion on what exemptions to properly utilize.
In the post-pandemic world, where digital commerce has become the default, all kinds of financial service innovators are looking for new ways to add value for customers and to monetise these enhanced experiences, even when banking isn’t their core business. Here, digital leaders provide insider tips on how to get ahead.
Download the full report here: https://landing.modulrfinance.com/leaders-and-laggards-part2-report-0
Allstar Business Solutions, the UK’s leading fuel management company, has announced it’s partnership with leading electric vehicle (EV) charging infrastructure provider, EB Charging, to improve access to – and the availability of – electric charging points for fleet operators across the UK.
– Introduction
– Poor hygiene & Persistent threats – ‘perfect storm’ of online fraud
– Customers expect Banks to Know Your User
– Fraud Fighting Collective – Fraud Fusion Centers
– Overwhelmed with Alerts, Automation is key
– Clear ‘risk calculation’ – Frictionless First
– No silver bullet – but there are best practices
– Introduction
– What is BionicID™ analysis best suited for?
– Does BionicID™ data collection or analysis impact the user experience?
– Does BionicID™ data collection/analysis comply with SCA/PSD2?
– Does BionicID™ data collection/analysis (behavioral biometric digital identity) comply with GDPR?
– Introduction
– Physical vs. Behavioral Biometrics
– What is a BionicID™
– What makes Revelock’s BionicID™ solution unique in fraud prevention?
– What makes Revelock’s BionicID™ more accurate than other behavioral biometric solutions?
Banking as a Service (BaaS) refers to the services and tools that allow financial institutions to adapt to the current digital banking shift. BaaS providers are the ones that build the web and mobile applications for these institutions so that customers may access their accounts digitally. But has this environment changed since the release of PSD2? Absolutely – let’s take a look.
Full-service Payment Service Provider (PSP) of local e-payment solutions, Paymaster24, has selected Banking Circle to enhance its service proposition for merchants. Crucially, the partnership with Banking Circle will help Paymaster24 speed up payments and offer additional currencies to its merchant customers.
BPC, the global leading payment solution provider, has announced that Diners Club Peru has selected its commerce suite as part of its innovation program. Diners Club Peru is the third acquiring network in Peru, owned by Banco Pichincha Peru, part of the Pichincha Holding Group headquartered in Ecuador.
How can your bank or building society avoid the payments transformation sinkhole?
Join us and our guest speaker Chris Jones, Managing Director PSE Consulting, on the 20th July to learn:
How customers experience your brand through your payments experience
How to fast track payments technology
What can de-rail your digitisation
Book your spot today and make getting payments right easier for your financial institution https://landing.modulrfinance.com/how-to-avoid-the-payments-transformation-sinkhole-epa
Sibos 2021 Discover Perfect Pitch Flyer Sibos 2021 sees the second edition of the Discover Perfect Pitch competition, a challenge with a twist giving fintechs
SWIFT Hackathon for 2021 View the SWIFT Hackathon 2021 flyer This year, we are challenging the community and wider ecosystem to harness the power of
Award-winning fintech charity, and Payments Association member, Pennies has joined forces with Systopia, (point of sale and payment solutions for the foodservice sector) – to help drive digital “micro-donations” for UK charities, from businesses with on-site hospitality.
It is becoming ever more apparent that ‘Big Tech’ players are looking to service a slice of the financial services sector. What does this mean for the industry and the banks that service it today?
Entersekt and Netcetera implement the first FIDO authentication in payments for Pluscard.
Ordo is making payments right – providing Open Banking enabled solutions that mean businesses can securely and simply collect payments from their customers, instantly. No hidden fees. No hassle. No worries.
Crown Agents Bank has launched its new pension solution, EMpower Pensions that uses biometric technology for remote proof of life authentication.
Invitation for EY’s upcoming Payment Services and E-Money Safeguarding Industry update on 13 July at 10am BST
Over the past 18 months e-commerce has become a lifeline, not just a convenience – both for businesses and consumers alike. This has amplified the importance of digital payments and the ability to transact seamlessly across borders. Find out what you need to know to take your business global and why now is the time to do it, download our eBook.
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, today announced it has partnered with O-CITY, powered by BPC for its next phase of digital innovation and future expansion.
Payments Association members can receive an exclusive 20% discount when purchasing their tickets for the Dark Money Conference 2021!
This guide takes you through some of the innovations and trends taking place in payments, including how different sectors responded to the challenges of Covid-19; why business-to-business payments are ripe for innovation and changes in regulatory landscape that will impact payments in the future.
Okay is mainly concerned about security and Strong Customer Authentication. However, that doesn’t prevent us from taking part in industry conferences or being a member of industry groups. In this blog, we take a look at a few of the hot topics that have been on the discussion table over the past year, with some insight as to where they may be headed.
It is important to remember that even before COVID-19, the planet was in a state of emergency. So with the finance industry focusing on recovery, resilience, and longevity as we come out of lockdown, should sustainability and the environment be top of the agenda as well?
In this article, we break down the post-pandemic sustainability opportunities for the finance industry and speak to our partner ecolytiq about why the best time to focus on climate change was yesterday.
Judopay, the leading mobile-centric and fully cloud based payments provider, has announced its partnership with MedPoint, an automated prescription collection system, to enable a safe, quick and secure method for patients to purchase and collect their prescriptions, 24 hours a day, 7 days a week.
Global Processing Services (GPS), the multi-award-winning payments processing partner behind some of Britain’s biggest challenger fintechs including Revolut and Starling Bank, and Currencycloud, the experts simplifying business in a multi-currency world, have partnered to widen access to cross-border payments for financial institutions and fintechs, providing a passport to a post-Covid world.
B4B Payments, a leading global prepaid payments provider, has selected Banking Circle to provide payments infrastructure for its corporate banking services. Providing prepaid solutions to businesses for more than 15 years, FCA authorised B4B enables organisations of any size to manage expenses, simplify payroll, reimbursements, and offer employee rewards and incentives.
Award-winning Banking-as-a-Service platform, Contis, is pleased to announce the appointment of Andy Lyons as Managing Director of Banking Solutions. Andy brings a wealth of experience in retail and corporate banking to boost Contis’ banking division and cement its position as the European leader in Banking-as-a-Service (BaaS).
Following extensive research, analysis and testing, Thames Technology are excited to announce that they have added a new HP Indigo 35K digital offset press to enhance their printing capabilities for financial and retail cards as well as associated packaging.
TrueLayer, Europe’s leading open banking platform, today announced the launch of a new approach to account ownership checks with its Verification API.
EML’s Sentential acquisition receives FCA approval.
As part of Currencycloud series of interviews that explores the nature and evolution of embedded finance we invited Laurel Wolfe, Vice President of Marketing at Mambu, and former Klarna, to deep dive into how Buy-Now, Pay-Later and embedded lending, a subset of embedded finance, is changing how retailers and payments providers serve their customers.
Ordo collaborates with Siemens, along with CGI, to create a payment method that’s lower cost than direct debit, and has all the certainty of pre-payment without the hardship and hassle…only possible by Ordo’s Open Bankin capability
The German Ministry of Finance’s decision to introduce new rules for crypto transactions has divided opinion, with some fearing it is being rushed through, while others feel it is simply bringing crypto firms up to standard.
The industry welcomes the deadline extension of the temporary registration regime for crypto firms but the regulatory uncertainty created by the lengthy assessment process may drive businesses out of the UK. Read the VIXIO insight to learn more.
The Access Group has announced the launch of Access PaySuite, its new FCA authorised payment division that is focused on integrated payment experiences.
Modulr Pulse, our quarterly insights event, is back on July 20th for a discussion about ‘How to avoid the payments transformation sinkhole’.
Getting payments right is increasingly tougher for established financial institutions so we have brought along a consultant who regularly manages payment transformation projects, to give their advice on how to avoid the various pitfalls and sinkholes.
Register for the event and secure your place today: https://landing.modulrfinance.com/how-to-avoid-the-payments-transformation-sinkhole-epa
Trust Payments, the global unified payments group, has partnered with Zip, the first Buy Now, Pay Later provider to join its network of payment partners. The agreement means UK merchants using Trust Payments’ platform can offer Zip at check out and allow customers to pay over four interest-free instalments.
Blue Train Marketing’s latest blog piece explores the adoption of green marketing and details 5 green marketing strategies you can take on board to make your business more eco-friendly!
Most consumers are more than aware of basic payment solutions, especially after the pandemic struck their lives and their usual means of payment. Even before the new normal, many consumers were familiar with e-commerce and therefore, businesses were already used to accepting online payments on their websites or their apps. If these payments seemed pretty straightforward for consumers, technology now allows for more streamlined payment solutions that make it easier to take online payments on your website.
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