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.
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!
Changes to EU Regulations governing DCC and the impact on the payments industry
EML’s new FINLAB incubator has invested in Hydrogen.
Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking Circle is helping Novalnet to efficiently support its global clientele with local and cross border settlement at competitive rates and with faster reconciliation to help online merchants manage and maintain cashflow.
Allstar Business Solutions has today announced its partnership with major petrol forecourt retailer, Applegreen, that will see another 102 mainland UK fuel sites added to the Allstar network. Allstar fuel cards will now be accepted at all of Applegreen’s mainland UK locations from this month.
EML’s new FINLAB incubator has made its first investment in US FinTech disrupter Interchecks.
The Payments Association have decided to co-promote For Good Causes Christmas campaign. It’s a great opportunity to work together to make a difference. It gives:
UNDER EMBARGO UNTIL 9AM OCTOBER 28 TH , 2020 The Fintech Power 50 launches the Fintech KICKSTART scheme to provide employment opportunities for young people.
GPS technology will power Lanistar’s polymorphic debit card as the fintech challenger seeks to capture the Millennial and Gen-Z market London, UK – 2nd
Early payment discounts: Research from Barclaycard reveals that a Chief Financial Officer’s (CFO’s) leadership style and willingness to invest in their financial and accounting software has a tangible impact on their business’ bottom line.
The London based E-Money solution for global citizens Privat 3 Money (P3) has selected leading anti-money laundering and intelligent compliance software provider Napier, to integrate enhanced transaction monitoring into the core P3 platform.
The adoption of ISO20022 is at the core of a major transformation across the payments industry- find out how Barclays is supporting customers getting ready for it, and the key benefits of the adoption.
EML’s New FINLAB Incubator Will Immediately Benefit Two Disruptive Tech Brands.
PPS, formerly PrePay Solutions and subsidiary of Edenred, has announced that it is powering the first card created by Yolt, the smart money app, following the companies recent launch of its contactless debit Mastercard. This partnership was formed thanks to PPS’ years of experience powering payments cards and Yolt’s desire to expand beyond the confines of the digital space and into the physical one.
Despite having registered over two million users in the UK, Open Banking is still failing to meet its objectives of creating a more competitive retail banking landscape. Moorwand CCO Luc Gueriane and David Monty, Founder of Tell.Money, speak to Bobsguide.
As #emerchants face high market volume and volatility, they will benefit from setting a North Star to focus on customer experience while effectively managing #fraud and #transaction risk. At Cybertonica, we create solutions on our SaaS/PaaS platform to make trust and frictionless commerce safe and secure for businesses and consumers. We know that outdated rules and operations can create almost Kafka-like situations. This happens through false positives and inappropriate rule-action that make consumers unhappy and businesses less profitable. We decided to collect stories from colleagues, friends and people in our network, including our customers and their clients, telling us how their e-commerce experience is going in this period. What we found was that there are both nightmares and nice surprises, but the payment experience is still far from perfect.
The Payments Association challenges the Government’s changes to the payments landscape, alongside its recommendations London, United Kingdom. 21st October 2020: The The Payments Association, which
What is the future of authentication? Many solutions have appeared in the past two decades since online sales and payments were born to secure and verify both the ability to make a payment and user’s identity. In this article, ‘Authentication, Privacy and Our Digital Future’, Cybertonica discuss the history of authentication, the ways in which a users personal data is leveraged, and how behavioural biometrics can offer secure, frictionless authentication experiences while maintaining user privacy.
Currencycloud, the leader in providing B2B embedded cross-border solutions, and Tribe Payments, a tech company dedicated to deliver the future of payments technology across the ecosystem, have partnered to deliver complete transparency to foreign exchange costs charged on international card transactions, whilst also giving customers access to multi-currency wallets.
A panel of industry experts has selected Banking Circle’s SME lending initiative, delivered by Cardstream, as winner of the 2020 Tech Ascension FinTech Award for Most Innovative FinTech Solution.
Global Processing Services Continues International Growth with Visa Investment
Information gathering
Establish a bond with the victim
Exploit the bond
– It’s hard for us to say “no”
– We are trusting
– We like to be taken into consideration
– We are empathetic
