UK based payment card manufacturer TagNitecrest is bringing a new sustainable card option to the market for card-issuing banks. Having first introduced a degradable payment card, in 2019, the manufacturer can now offer a recycled PVC card option.
At Consult Hyperion we always round off the year with some time reflecting on what has been, and kicking off our thinking for what’s ahead. This is our Live 5. Readers over the years will know our Live 5 traditionally takes market insight, coupled with research and conversations with our clients; then we consolidate our thinking and detail four short- to medium-term trends and one that’s perhaps not as obvious, or maybe a little further out. When we reviewed previous years, we’ve been a pretty good weather vane. 2020 has been a year like no other, so our Live 5 is taking a slightly different approach. If 2020 has taught us anything, it is that the best laid plans can be rendered irrelevant by a “black swan” event.
Taxi Companies in Scandinavia Go Contactless and COVID-safe with HIPS Payment Group’s QR Payment Solution, a First for the European Market Solution supports current trend
A discussion with Fintech Finance about Kani and Railsbank’s partnership – from automation and innovation to how partnerships are key to the fintech industry as a whole.
Elemental.io and Flash Labs Corporation—of Big Sun Holdings Group, Inc., and a member of Hyundai BS&C family of companies—today announced a strategic partnership and joint venture to advance software development, distribution and availability of consumer credit, using financial technologies in Latin America and Asian markets.
W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with Enfuce to provide a range of compliance solutions through its award-winning platform.
eComm360 Fraud Prevention by Cybertonica, a new solution from the intelligent #fraud and risk management provider, is now available to Shopify merchants. The product offers enterprise-level protection and enhanced conversions while eliminating the headache of fraud and #chargebacks. This allows small and independent online businesses access to the same expert solutions as #ecommerce powerhouses.
The announcement comes following the busiest online #BlackFriday ever recorded – which saw a surge of nearly 22% on a year ago to $9 billion.
FinTech EML is a proud sponsor of Betting on Sports America Digital 2020.
New report challenges the Fintech industry to do more in helping the unbanked and underserved within the youngest and oldest age groups of adults, following
Press Release: Konsentus launches international Open Banking Hub
This is the time that will define the thinkers, movers, and shakers who will shape the rest of this century
Mathias Wikström, CEO of Doconomy, and Johan Pihl, Doconomy’s founder and Head of Innovation & Founder are two people who share the desire to help our planet. They have a powerful vision: to give both consumers and businesses the digital tools that they need to understand and reduce the environmental impact of their consumption. This led to Doconomy launching the Black Card in 2019 – the first credit card to limit spending not on available credit, but on the levels of CO2 emission caused by the owner’s purchases. How does it work – and what are their next steps?
The Payments Association Awards 2020 was a big success for leading issuer processor Global Processing Services (GPS), who took home five awards over the course of the evening.
The global company was recognised for the major launch of its APAC hub in Singapore and its work with fintech start-up Currensea, making it easier for customers to pay abroad. GPS has done a lot to support the fintech scene abroad this year and has also been paving the way for financial inclusion. It latter is why GPS’ group CCO, Neil Harris was also crowned as Industry Contributor of the Year.
Global Processing Services sweeps the board with five awards including Industry Contributor of the Year for Neil Harris London, United Kingdom. 27th November 2020: The
Have you ever wondered what makes a bank a 21st century bank? A small hint; it isn’t the ginormous rigid and extremely expensive mainframes, it isn’t the systems that have to shut down every night for maintenance, and it definitely isn’t the glued-by-hope hollowed out cores.
The list can go on and on. What a good 21st century bank needs is security, scalability, flexibility, availability, and adaptability. So, where do you get it all, nicely packed and with a bow on top at a low cost?
Nektarios Liolios has worked closely with corporates, startups and investors over the last ten years. He set up and led bootcamps, founded competitions for startups, and facilitated cooperations between fintech and financial institutions. How did this all turn out? In all honesty, it was both frustrating and difficult.
Sometimes it’s the smallest pebbles that make the biggest splash. It’s particularly true when it comes to innovation; a simple idea can be the very thing that propels a business into the global arena. But like finding the perfect pebble on a large beach, it sometimes takes another pair of eyes to spot the ideas and features that have the most potential.
For Swedish fintech Doconomy, the collaboration with Vacuumlabs accelerated their journey to making a global impact. We recognized Doconomy’s tremendous potential, and helped it build its most crucial innovation into a world-class product: the 2030 Calculator.
Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across a wider range of online marketplaces.
Payment Processing Platforms
At Consult Hyperion we spend a lot of our time looking into payments processing platforms for our clients. Over recent months we’ve delivered;
technical due diligence, assessing their capabilities
security and vulnerability analysis on networks and products
designed fundamental security architectures for new payments solutions
advised clients on the selection of payment platform solutions
and helped design new platforms or extended the capability of their existing platforms
Specialist FinTech PR agency SkyParlour have launched three new business divisions to help new and growing tech business to succeed through the pandemic.
Global Processing Services (GPS) has been selected by the Department for International Trade (DIT) to become a London Export Champion. GPS joins a prestigious cohort of Export Champions who operate across various sectors, ranging from fintech to sustainable transportation, innovative food and drink products, to events management.
The London Export Champions are a group of London-based business leaders who have successfully sold overseas and are now willing to share their time and knowledge with other business leaders looking to do the same. GPS was selected due to its very successful launch in the APAC region in 2019.
LOUGHBOROUGH, UK – 11 November 2020 The Access Group has today announced it has been appointed by Lloyds Banking Group (LBG) to offer enhanced Direct
Guidance for Financial Institutions on how to interpret the information provided by Konsentus Verify, post-Brexit. The guide is based on four possible scenarios.
On the 22nd of October algbra featured in an interview conducted by the The Payments Association’s Project Inclusion. algbra were interviewed by Ravindra Meshram and explained the issue of “faith-based underbanking”, whereby a segment of people may voluntarily exclude themselves from the financial system for reasons of faith.
Guidance on the FCA’s new requirements on digital certificates and the on-going regulatory obligations for Financial Institutions (ASPSPs)
The future of the FinTech industry might have more to do with a person’s individual biology than numbers and chips in the future, multiple reports indicate. Known as biometric technologies, this group of payments innovations remove the old pin systems and chips of old and replace them or augment them with fingerprint scanners and other biometric methods.
Another revolution is coming for the financial sector and this one could change the way that consumers and businesses conduct themselves forever.
The rise of the Internet and the spread of smartphones is, together, perhaps the single most powerful force of economic change ever at any point in history.
Not only are millions of people getting connected to the wider world for the first time, but also businesses are able to get up and off of the ground with little to no investment in brick-and-mortar, traditional locations. In other words, the digital era is one of opportunity and promise.
London, 11 November 2020 – Visa today announced the launch of Visa Fintech Partner Connect, a new initiative that will provide financial institutions and merchants in Europe with a suite of enhanced capabilities combining Visa’s own capabilities with those of carefully selected fintech partners.
Fintech Partner Connect will help Visa’s clients meet their customers’ demand for new digital payment experiences by providing seamless access to innovative fintech solutions.
The European rollout of Fintech Partner Connect follows a successful pilot which has already seen a number of Visa’s clients benefit from the expertise on offer.
Innovation has always been a focus at Visa, yet the impact of the Covid-19 pandemic has forced us – as well as the wider payments ecosystem – to double down on the development of new payment technologies. The pandemic has accelerated what was an already increasing demand for digital payment experiences and it is incumbent on us and our partners to meet this.
Payments provider Contis and Open Banking platform Token partner to deliver new value in digital payments. When complete, Contis’ 250+ clients will be able to use Token’s AISP and PISP functionality to deliver Open Banking services to their end-customers through the Contis Platform.
And Token’s merchant, digital wallet and PSP customers will be able to perform account pay-outs and refunds via the Token platform using established payment rails, such as Faster Payments in the UK, SPayments Association and SPayments Association Instant across the EEA.
Contis migrated its data centres from the US to Europe, in record time and with minimal service interruption. This completes the final hurdle in Contis’ Brexit preparedness and gives clients the comfort of knowing all customer data is securely managed and processed in-region.
New research released by British fintech Currensea reveals that of the 80% of British SMEs (4.72 million businesses) that trade internationally in any given year, 1.18 million have had to pause directly because of the global pandemic and a further 283,000 because of Brexit..
– buguroo launches behavioral biometric 3D Secure solution
– The new 3D Secure offering
– The 3D Secure payment authentication system
– What is smishing?
– What happened in Ireland?
– Why is smishing so effective?
– The bank’s responsibility: Raise awareness, prevent fraud
– Using behavioral biometrics to prevent smishing
Fighting environmental issues using fintech? Definitely possible with Doconomy.
PPS announces partnership with exceet to power sustainable cards for the fintech industry
Judopay partners with UK Government to drive the adoption of digital payments across the public sector – The strategic partnership will also help to boost financial inclusion in the UK
Boom in the fintech industry during 2020 brought an increased need for identity, verification and KYB. And W2 manages to keep the pace!
Payments Association and For Good Causes co-promoting Gift of Giving Christmas campaign with many companies signing up to celebrate Christmas with their staff by helping them support their favourite social and environmental causes
We’ve written a major research report into the true cost of payment inefficiencies, using independent data sourced from over 260 UK business leaders. We explore themes around operational efficiencies, collaboration and ultimately the impact on customer experience.
Tune in to hear Cybertonica Chairwoman Jane Butler’s fireside chat “How to Keep Bias Out of Payments” on the 12th of November at 12pm (GMT). Hosted by the European Women Payments Network (EWPN), this event will explore the impact of human bias on the payments industry.
Entersekt, a leader in device identity and authentication, today announced the appointment of Nicolas Huss to its board of directors.
How is the payment industry progressing towards building a digital payments ecosystem?
London, U.K. (October 5th, 2020) – Bottomline Technologies (NASDAQ: Payments AssociationY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced a partnership with Dow Jones Risk & Compliance, that adds key data to Bottomline’s Anti-Money Laundering and Counter Terrorist Financing monitoring and screening capabilities, used to identify and thwart illicit transactions.
Lockdown 2 – Ordo is the safe & free alternative to cash and cheques for the UK’s community of helpers….again
EQ (Equiniti Group plc), the international technology-led services and payments specialist, is pleased to announce that seven of its services, including its payments division EQPay, have been approved as suppliers for the Government’s G-Cloud 12 framework.
Tech partnership making the lives of countless SMEs easier – Ordo and Contis – a match amde in heaven!
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