Crown Agents Bank welcomes David Smithson back to the fold as Regional Banker for East and Southern Africa
David Smithson has re-joined Crown Agents Bank (CAB) in his role as Regional Banker for East and Southern Africa.
July 30, 2021
David Smithson has re-joined Crown Agents Bank (CAB) in his role as Regional Banker for East and Southern Africa.
Universo, one of Portugal’s leading financial institutions, is using Token’s open banking payments platform to enable customers of its Cartão Universo credit card product to easily load funds onto their accounts with a click of a button. This new open banking partnership marks the first of its kind for Universo.
EML signs a multi-country contract extension with PTA.
On 14 July, Marion King, Director of Payments, NatWest took part in the 2nd webinar in NatWest’s Banks 45 Series. Joining Marion on the panel was Gerard Lemos, Independent Chairman
Monneo, a virtual IBAN and eCommerce bank account provider, has announced its new Multicurrency merchant settlement solution. This unique solution enables acquirers to receive and distribute settlements to their merchants through the Monneo platform. The service will help make transactions across borders and currencies easier and quicker, which is vital for acquirers that operate in different verticals.
Many acquirers, PSPs and Payment Facilitators face challenges when distributing funds to merchants across borders, and this unique service will help make settlements easier and quicker to send out. This is yet another example of how fintech innovation is helping to solve problems relating to cross border payments and underbanked eCommerce verticals.
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 from around the globe the
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 AI & machine learning to
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.
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