Fintech and trusted payments enabler Paynetics has partnered with Benamic, the global leader in promotional fulfilment, to develop its mobile first, digital corporate card programme.
Open banking payments are new, but where this payment option is offered to consumers, adoption is skyrocketing. TrueLayer CEO & Co-Founder, Francesco Simoneschi, shares some data points which challenge the myth that open banking payments are not ready to go mainstream.
America’s first dedicated consumer privacy watchdog is beginning to take shape, aiming to replace the “two strikes you’re out” framework with a “speeding ticket” one. The new enforcement model brings a risk of higher administrative fines and less chance to escape liability but businesses receive guidance and still have time to become compliant.
Holders of Estonia’s controversial cryptocurrency licences are being widely used by online investment scams to accept payments from victims, an investigation by VIXIO has found.
EPA member Ozone API are powering the launch of TecBan’s open finance platform in Brazil.
With a full open finance regulation being implemented in Brazil in 2021, the market could soon eclipse other open banking markets around the world due to it’s scale and the breadth of the regulation.
A new Visa debit card from European neobroker Bitpanda launched this week. Combining Contis’ unique “zero-balance” Buffer technology with Bitpanda’s European-wide, multi-service platform has created one of the most powerful multi-asset propositions available – the Bitpanda Card.
Join Bottomline Technologies, Regions Bank, EBA Clearing, Lipis Advisors & Bobsguide as we will take a closer look at global payment trends, the real-time payment solutions around the world and the use cases of real-time payments.
Date: Wednesday, March 10, 2021
Time: 03:00 PM Greenwich Mean Time
Register Here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=lobby20.jsp&eventid=3023000&sessionid=1&partnerref=Bottomline_Email&key=681C6D40FB499659D9990BC72EC49CFD&eventuserid=413919310
PFS has been fully integrated into EML.
We have spoken a lot about strong customer authentication (SCA) over the past year. However, the regulation has technically been in effect since mid-September of 2019. Now well into 2021, it is time for all European countries to fully enforce the updated SCA regulations. Let’s take a look at some of the deadlines.
Close to a quarter of a million people around Ireland received a Perx Reward from their boss while working from home last year.
One of the great innovations of the modern age is the ability of eCommerce to connect businesses, merchants, and consumers all across the world. Not only has this opened up new opportunities for businesses and consumers alike, but also it has expanded the realm of what is possible for small and medium enterprises on the global stage. And here we start with the interesting part of the current topic.
The global economy is expected to begin the process of recovery from the 2020 pandemic throughout 2021 and an integral part of that will be the payments industry as well as virtual IBANs and digital banking.
Analysts see five major trends on the horizon for 2021 in how things will change for the payments industry and digital banking services including enhanced automation to more robust identity verification as well as an authentication technology.
Now, in 2021, and with the Brexit negotiations in their rearview mirror, the EU market is looking to digital banking solutions to help address problems of inequality, sustainability, and supporting a circular economy.
Indeed, the future of the market in Europe is not only digital but digital banking, in particular, will play a huge role in bringing about the social transformations and member-state cohesion needed to build economic resilience and growth for the future.
What are some of the major forces driving the corporate banking digitization process? What are the factors and trends behind some of the most seismic moves in recent years in this otherwise quite conservative industry? What are the main key-topics we should have on our radar in order to stay ahead of our business competitors and be the first to learn what would be the next
Not only is the extension of digital banking services and digital payments solutions integral to the growth of mobile and online marketplaces, but also it is central to the monetary revolution taking place right now with cryptocurrencies and the rise of a cashless economy. We have identified three major movements in digital banking that could shape how the next several years play out, from enhanced payments processing to the integration of new consumer blocks into the financial system.
Radar Payments launches Tap to Phone, making it easier for sellers to use their mobile devices to accept payments and offer enhanced customer experience.
EML Payments Limited (ASX: EML) is pleased to release its FY21 Interim Report.
Bottomline, a leading provider of financial technology that makes complex business payments simple, smart and secure, unveiled expanded corporate treasury capabilities as part of its integrated Payments and Cash Lifecycle Platform. The platform empowers financial managers to optimize cash, liquidity and working capital with a unified solution combining payables, receivables, and treasury management, delivering greater visibility and control throughout the end-to-end cash lifecycle.
Bottomline and Strategic Treasurer release the results of the 2021 Treasury Fraud & Controls Survey. This is the 6th annual survey between the long-time collaborators, whose research partnership also includes the annual B2B Payments Survey.
Beam launches new service, to bring instant and secure payments to WooCommerce merchants via Open Banking. Leveraging Nuapay’s payments platform, Beam is aiming to help UK businesses save £100k over the next year.
The partnership enables Beam to provide Open Banking payments to its clients on WooCommerce – the open-source e-commerce plugin for WordPress – bringing online and omnichannel retailers the benefits of faster, more secure and cost-efficient payments.
Banking Circle, the cross border payments expert, has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks to increase their fees for receipt of SEPA local payments in EUR from GB IBANs.
Leading payments provider Paynetics is delighted to share a selection of major milestones in its international growth journey from 2020. The e-money institution has released a new video celebrating its latest appointments, acquisitions, client wins, partnerships, events, launches and more from the last 12 months.
Cybertonica, the advanced fraud and risk management provider, has appointed Carl Clump to its Board to lend his strategic and managerial expertise to the expanding business.
With its modern alternative approach to banking, U Account is helping to deliver greater financial inclusivity with a solution, powered by Modulr, that’s designed to help those underserved by traditional banks to improve their financial wellbeing.
Rob Shore, Group CFO at EML, is very excited about the company’s 3-year Accelerator strategy.
The rise in technology companies looking to help us make better decisions in our finances has created a host of so-called FinTechs emerging into the market. But what is the right solution for you?
Fintech firm Curve adds former President of Samsung’s Global Strategy Group Cuong Do to its Board
Trust Payments has appointed Tom Pilling as Chief Risk Officer (CRO) responsible for overseeing the group’s risk management framework as it expands in key sectors and geographically into UK, EU and the US.
Leading European Banking-as-a Service and payments provider, Contis, is delighted to announce its partnership with Pin4, an international fintech pioneering access to cash. This collaboration will enable account holders to access cash via their mobile phones which they can instantly collect at any enabled ATM, including any of 12,000 Cardtronics ATMs across the UK, without the need for a card or pre-registration.
Fintech and EPA member Paynetics AD has announced the appointment of Ian Clowes as chairman of Paynetics UK, as the regulated payment services provider continues to bolster its senior team.
New data from Open Banking pioneer Nuapay, powered by Sentenial, has revealed that consumers are frustrated with the user experience when making card payments online. This follows recent findings that highlighted a raft of payment card security failings. The news comes as retailers ready themselves for the busy festive shopping season – an event that is even more important this year as businesses seek to plug pandemic losses.
2020 saw significant growth in digital payments with the pandemic as one of the key factors. Covid 19 and shifting consumer behaviours steered the move toward contactless options and Open Banking for a safe, efficient, and contactless alternative to traditional payment methods.
Discover how Account to Account payment providers like Nuapay have worked to enable seamless recurring payments for businesses to deliver a faster and more frictionless experience for their customers.
Explore key trends including subscription models powered by recurring payments and QR codes which are fast becoming a mainstream payment method.
Digital banking is not only the future of banking but also it is allowing for new business segments to emerge and for smaller companies to compete on a more level playing field with major competitors. We’ll explain what they are and how they are making such a massive impact on the financial landscape of today.
The COVID-19 pandemic is changing the way businesses conduct themselves online as well as customer expectations about what they can do. In other words, shopping has moved from the retail space to anywhere a consumer has a smartphone and digital banking is among the greatest business innovations that have enabled this brave new world.
Disruption is a buzzword that is often bandied about in the media for one reason or another but rarely do we take time to consider what it actually means in the marketplace.
To watch that in action, we need only look as far as banking and how banking as a service, or BaaS, is changing the landscape of the once-staid financial industry forever.
With so much change coming to commerce and B2B payments, it is often hard to spot the trends of the future when you’re dealing with so much change here and now. That’s probably easier said than done, especially considering the dual track of digital banking and the traditional banking system that has underpinned much of global commerce over the past several decades.
Do you want to know how are profitable banking services being built? Join us for the virtual event Banking 2021 on February 11 at 5 PM GMT, meet the industry experts and learn more!
Moorwand is pleased to announce that Luc Gueriane, CCO, has joined a group of other industry figures to support the Emerging Payments Association Project Banking Access group.
It is a great honour that Susan Brown the founder of Zortrex is nominated in the category Fintech, Cybersecurity, Susan Brown: To stand next to all the other professional semi finalists, is just amazing. You have all supported me 1 way or another by either liking my articles, or posting news about the major breach news, I just cannot thank you all enough. AccelerateHer has always had the initiative that Scotland Can Do approach.
We are delighted to share the attached press release confirming the allpay.cards partnership with ambitious Danish fintech Blocser with designs on the fast-growing gig economy. Blocser has pinned their Butterfly Card to one of its biggest market moves yet – the UK offer to the near 5million now estimated as working in the nation’s gig economy.
Please find attached a release from allpay.cards and their work with Prosper2. Prosper is a business club and rewards programme who are currently investing in staff, training and marketing in anticipation of growth in 2021. The cards are unique to the market as they use a design that replicates carbon fibre, achieving a 3-dimensional effect.
Visa and Conferma Pay announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and eliminate outdated manual processes.
We are delighted to share the news that allpay Ltd based in Herefordshire, alongside the Scottish Government, has replaced the old UK Government voucher scheme in Scotland with prepaid cards to tackle food poverty with the project being saluted as Social Inclusion Project of the Year at the 2020 Payments Awards announced.
Global Processing Services (GPS) Bolsters Asia Pacific Team with Head of Region Appointment