Global Processing Services Continues International Growth with Visa Investment
Global Processing Services Continues International Growth with Visa Investment
Fredrik Neumann, Kathy Heath, and Clare Haskins have joined Konsentus in senior leadership roles as Financial Institutions across the EEA embrace Open Banking.
Wayne Mckenzie appointed Head of Business Development by xpate, bringing over 14 years of payments expertise to the up-and-coming fintech
Three in four shoppers (76%) admit local high streets need support while four in five (80%) are shopping with local small businesses as much or more frequently since lockdown lifted, both in person and online
Despite this support, the next three months are crucial to the survival of two fifths (42%) of small businesses
Visa has partnered with grassroots initiative Totally Locally to sponsor Fiver Fest from 10th – 24th October and together they are calling on consumers to divert £5 of their weekly spend to support local businesses in store or online
RegTech specialists launch Kompli-Outsource™ to help regulated entities complete comprehensive customer onboarding
Eversheds Sutherland’s banking and finance team has appointed Ian Tetsill as Head of Debt Finance Strategy.
An innovative lending solution from financial infrastructure provider, Banking Circle, has been named as a finalist in the 2020 Credit Awards category for Best Use of Technology – SME Lender.
Two technology leaders join forces: Giesecke+Devrient invests in Netcetera
Today, PPS is announcing its partnership with France-based payment expert and card provider for teenagers, Vybe.
Due to the systems in place across France when it comes to banking and owning your own account, around five million teenagers (between 13 to 18 years old) have been left with no access to financial services.
This is a problem that Vybe aims to solve and is working with PPS to make it happen, thanks to the company’s well-tested technology infrastructure and PPS-powered Mastercard virtual cards.
Press release regarding Ordo Accounts package integration & Codat
With the financial pressures from COVID-19 still unclear for many, new research commissioned by payments provider, PayPoint, throws the spotlight on small adjustments landlords and lettings agencies could make to help tenants manage their finances during this uncertainty and beyond.
Judopay, a leading mobile-first payments provider, today announces its partnership with Mastercard, which will further increase Judopay’s network with a direct route to Mastercard’s Payment Gateway Services global acquiring ecosystem.
Entersekt, a leader in device identity and omnichannel authentication, has announced a strategic partnership with ndgit, a Munich-headquartered open banking platform provider. The agreement makes Entersekt’s state-of-the-art strong customer authentication and smart messaging solutions available on the ndgit Marketplace, where financial services providers can access a carefully curated set of fintech products in a secure hosting environment.
Entersekt, a leader in device identity and omnichannel authentication, today announced a partnership with NuData Security, a Mastercard company. This agreement allows the fintech to tightly integrate NuData’s behavioral analytics solution NuDetect with the Entersekt Secure Platform.
British fintech Currensea is today launching a first-of-its-kind open banking debit card for small businesses, enabling them to make international transactions through their existing bank account without any of the charges and with low fees competitive with the leading challenger banks.
Following a record number of applications, Banking Circle has been awarded two prestigious awards in the 2020 Juniper Research Future Digital Awards. The innovative financial infrastructure provider was awarded the Lending Platform Platinum Award for Banking Circle Lending, and a Gold Award for Banking Platform Innovation.
Leading payments issuer processor, Global Processing Services (GPS), announces its appointment of three C-level executives: Richard Hodgson as Chief Financial Officer, Shaun Puckrin as Chief Product Officer, and Jerome Gudgeon as Chief Technology Officer.
The new hires bolster the executive leadership team of GPS, the payments processing partner for some of the most well-known and successful fintechs on the market, including Revolut, Starling Bank and Curve, as the business drives its global expansion plans forward beyond Europe and APAC. It’s also a great sign of confidence for the fintech sector.
Press Release GPS to further engage the wider EPA community to drive innovation and collaboration in the payments industry London, UK. 6th October, 2020. The Emerging Payments Association
Press Release The new training alliance aims to provide specialist compliance and skills training For payments a fintech businesses London, UK. Monday 28th September, 2020.
First UK bank to use open banking to enable credit card holders to pay their balance Tesco Bank is to become the first UK bank
Mastercard and PFS partner with the Government of Jersey on the Spend Local cards Every Jersey resident will receive a £100 Spend Local pre-paid Mastercard
Financial infrastructure provider, Banking Circle, has been named Best E-Commerce Initiative for its Banking Circle Marketplaces solution in the 2020 PayTech Awards.
Netcetera is Mastercard’s exclusive 3-D Secure testing partner to help retailers and other businesses ensure they are ready to comply with PSD2. Mastercard and Netcetera, the market leader for 3DS and EMVCo associate, are supporting merchants to improve their transactions and conversion rates. This is the first time that merchants are able to run tests in their live online shops.
Accomplished CFO and COO, Suraj Badlani, joins the international technology platform to lead corporate development and finance
Kompli-Global, the leading RegTech AML specialist, has announced today that it that it is ensuring corporate entities do not fall victim to potential fraud and money laundering, as it unveils Kompli-Reveal™, a screening solution harnessing augmented intelligence (AI) and human expertise, to provide the most up-to-date information on their client bases.
Radius Bank, the best online US bank of 2020*, and Currencycloud, the leader in providing B2B embedded cross-border solutions, have partnered to offer Radius clients the ability to send money to more than 180 countries.
Following increased customer demand for international wire transfers for both their own clients and their Banking-as-a-Service partners, Radius sought to find a solution that could be quickly integrated. Using Currencycloud’s APIs means Radius Bank can send outgoing payments to international destinations they were unable to reach before on behalf of their clients.
Modulr is the first non-bank or building society to join the Confirmation of Payee service.
Confirmation of Payee allows users to check if the payment details they’ve entered for a person or business match the details held by the recipient’s bank.
This provides reassurance that payments are being sent to the right recipient and protects Modulr customers from certain types of payment fraud.
UK-based end-to-end accounts and payments solutions provider Contis has forged a partnership with global payments platform Currencycloud.
Through this partnership, Contis can now offer foreign exchange and international money transfer services to its clients and account holders.
EML and Laybuy are working together on Buy Now Pay Later (BNPL).
– Challenges facing the industry in stopping online banking fraud
– Decision criteria utilized to determine a winner across technology attributes and future business value drivers
– Reasons Buguroo was selected as the clear winner across all determining criteria
Financial infrastructure provider, Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments with its new Payments on Behalf of (POBO) and Collections on Behalf of (COBO) solutions.
Ben Agnew brings a wealth of B2B events experience to lead the team at the UK’s premier payments industry member body London, UK. 1st September,
PRESS RELEASE COPENHAGEN, 27 August 2020 – Coinify, Sygnum Bank and Galaxus announce the world’s first e-commerce transaction using a bank-issued stablecoin. The Sygnum Digital
FORM3 is delighted to announce it has raised $33 million in a strategic investment round with new investors Lloyds Banking Group, Nationwide Building Society and VC 83NORTH.
Following our Series B funding round in November 2018, Form3 has trebled in size and increased its annual recurring revenue by 160%.
The funding will strengthen Form3’s market-leading cloud-native payment technology, building significant functional enhancements, and accelerating our global expansion plans in existing and new markets.
Michael Mueller, Chief Executive Officer at Form3 said, “Our latest equity round is a testament to our growth and maturity in delivering highly secure, best in class technology for major financial institutions globally.”
We are pleased to announce that we are now 1 of 7 non-banks to have secured an e-money license from the Dutch Central Bank.
Mike Laven says of the recent news, “Covid-19 has accelerated the rush towards digital payments and Europe represents a tremendous opportunity for Currencycloud. The Netherlands possesses the perfect blend of factors to support our expansion in the EU…”
Last year the pilot programme for our newest offering, Currencycloud Spark went live.
Over 30 Fintechs around the world, including Starling Bank, Remitr and TranSwap , signed up to benefit from the functionality, which gives businesses and their customers – the ability to receive, store funds and make payments in more than 30+ different currencies, almost anywhere in the world.
We’re pleased to now announce the wider rollout of Currencycloud Spark, our multi-currency wallet infrastructure!
Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies today announced it has acquired Mobilize Systems, a UK based engagement and mobile loyalty platform serving the retail and hospitality sectors.
Mobilize provides seamless, data-rich services to merchants looking to capture and expand customer engagement and loyalty programmes, primarily in the mobile space. The acquisition will enable Trust Payments to combine behavioral analytics with transactional data to offer enhanced product journeys for customers, improved payment options, and better insight for businesses.
Payments Giant EML is Creating a Better Tomorrow Through its Commitment to Reducing the Use of Plastic Cards in the Communities it Serves Worldwide by 50%.
xpate, a fintech services platform for both retail and business customers, launches xPP [xpate Partnership Program] to emphasize its major commitment to grow through and with its partners. xPP makes it fast and simple to refer businesses that will get access to a global payments platform along with the opportunity to expand their operations with value added services, local payment and wire transfer options across the globe.
Konsentus partners with Open Vector
Press release announcing Konsentus partnering with Open Banking API provider Ozone
Privat3Money (P3) a UK E-Money Institution who offers global citizens and corporates an intuitive digital platform to manage their financial needs, has selected Vilnius (Lithuania) based FintechLab to power its core payments platform and mobile app.
As brick-and-mortar firms come under increasing market pressure, eCommerce business models are starting to appeal to a larger segment of the global population and it is so for solid reasons. For one, they’re not only more nimble and agile firms when it comes to meeting customer demands and adapting to the market but also they are the first to take advantage of the latest innovations in B2B eCommerce solutions like virtual IBANs.