French consumers have no need to switch banks to enjoy state-of-the art financial management.
French consumers have no need to switch banks to enjoy state-of-the art financial management.
Irish consumers can now manage their money using just one card and digital app
Polish consumers can take advantage of great FX rates and 1% cashback rewards
The innovative risk management and fraud prevention company Cybertonica today announced its strategic partnership with Acuris Risk Intelligence (ARI), the independent data intelligence provider. The partnership will integrate Cybertonica’s cutting edge real-time behavioural biometrics platform with the Risk Intelligence flagship fraud product Cybercheck.
Modulr receives strategic investment from the venture arm of FIS
• FIS Ventures invests in leading UK FinTech Modulr, as it drives real-time payments solutions and capabilities at a global scale.
• Modulr, the payments platform, is regulated by the Financial Conduct Authority and Central Bank of Ireland, with the EMI also benefiting from direct access to the Bank of England.
• The corporate and business payments market, in which Modulr operates, is considered to be worth $2 trillion, nearly five times as large as consumer payments.
Checkout.com, the leading cloud-based global payment solutions provider, has announced the launch of its Payouts Product, which enables merchants to make seamless payments directly to eligible recipients’ cards and bank accounts.
The solution will enable merchants to make payouts in real-time to over four billion cards in over 174 countries and seamless payments to local bank accounts in over 40 countries around the world. It also leverages market-leading scheme and interbank FX rate sources, leaving global merchants with minimal exposure to currency fluctuations.
Payouts will enable the remittance, digital wallet, travel, insurtech and the gig economy industries to deliver more efficient, faster payments as a competitive differentiator. Checkout.com is the only payment service provider to have built a completely new infrastructure that spans the entire payouts value chain.
Online Payment Platform, the Netherlands payment service provider, has selected payments expert and licensed bank, Banking Circle, to enhance its marketplace offering.
EML partners with Orenda’s zero-code, machine learning and serverless technology.
Sokin launched Sokin Enterprise, our B2B product that supercharges your unlimited business payments and FX Transfers for a fixed fee.
The London based E-Money solution for global citizens Privat3 Money (P3), is pleased to announce the launch of its new Mobile App available for both Apple IOS and Android devices. This milestone is P3’s latest step to provide its global citizen clients a completely seamless user experience and ultimately greater control over their finances.
PPS, payments and banking-as-a-service provider, has officially announced that it is powering the first Gen Z fintech for the German market. pockid is the first German Neobank specifically designed for Generation Z (15-24-year olds), providing a much-needed solution to the payment spending issue facing German youths. PPS enables pocked to achieve this through its scalable solution, utilising years of experience powering banks and fintech across the globe.
London, UK – 6th April 2021: Now in its 14th year, the Emerging Payments Awards (EPAwards), in association with Mastercard, were announced winner of the
EML has entered into a binding agreement to acquire Sentenial.
Allstar Business Solutions has partnered with the electric vehicle (EV) fast charging point provider Plug-N-Go.
Allstar will be integrating Plug-N-Go’s 18 EV charging sites into its multi-branded Allstar One Electric network, which now consists of over 1,700 sites across the UK.
For customers, the partnership will:
• Provide greater access to charging points, lowering range anxiety – a barrier for businesses adopting EV
• Ensure that they have full control over their drivers’ refuelling and spending habits, capturing where and how company money is being spent
For Allstar, the partnership is the latest in a string of strategic deals that are enabling it to work towards its goal of creating an EV charging network equivalent to its traditional fuelling points.
FLEETCOR® UK has made a minority investment in Mina, a cloud-based digital software platform that simplifies charging and payments management for commercial fleets with electric vehicles (EVs).
The Fintech for Fintech’s Kani Payments, specialising in payment reconciliation and reporting has announced hitting £5 billion reconciliation milestone and the appointment of three senior hires.
Saurus.com partners with EML to power its game-changing mobile payments app.
Trust Payments is pleased to announce that the United Kingdom’s Financial Conduct Authority (FCA) has granted its subsidiary, TrustUK Payments Ltd, an Authorised Payment Institution (API) License. The license permits the company to engage in payment services directly in the UK without the need to rely on its existing EU licensing structures, or transitional arrangements in the wake of Brexit.
Banking Circle, the financial infrastructure provider, today announces that it is now completely cloud-based, with all aspects of its infrastructure hosted within Microsoft Azure. This includes its purpose built, cloud-first, cross border payments platform, which delivers greater speed, enhanced functionality, and a more intuitive user experience to its clients.
W2, award winning global provider of regulatory compliance solutions today announced their partnership with market leading payments provider Contis to supply end-to-end KYC/AML processes for customer onboarding and ongoing monitoring.
Nuapay, powered by Sentenial, announces it is extending its open banking payment capabilities to German and Italian banks. This expansion will enable German and Italian partners to offer open banking payment solutions, powering seamless account-2-account payments for their customers.
This rollout connects 308 banks in Italy and 435 banks in Germany to Nuapay’s Open Banking platform, connecting 134 million European accounts and reaching 98% and 70% of payers in each country.
Rush has partnered with EML Payments to deliver its prepaid Mastercard card.
Ordo is on a mission to make paying and getting paid easy, helping everyone control their finances, from large enterprises to small businesses and consumers. Using Open Banking technology, Ordo has digitised the process from buying goods or a service, invoicing, payment, reconciliation and confirmation to make it seamless for business and easy for payers.
Ordo has partnered with CGI, independent IT and business consulting services firm delivering an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions.
Together they helped PFP energy, a not-for-profit energy company, or as they like to call it ‘Profit for Purpose’….a partnership with that warm fuzzy feeling.
The recipe for success in the e-commerce business is much the same as any other entrepreneurial endeavor except it comes with many opportunities for growth and leverage that physical businesses don’t have.
Online business may be the future of many markets, and for good reason. From scalability of immediately needed resources to cost-effective innovation and optimization, we have identified five key elements of success for e-commerce business in the modern age:
E-commerce businesses can’t put enough of a premium on online cybersecurity and protection against threats. Not only can malicious actors steal data and commit fraud, but they can also completely undermine a customer’s confidence in your business.
To avoid costly fraud and cyber threats, we’ve found five primary areas of focus that e-commerce businesses need to keep in mind as they move forward in the online market:
As part of a European Union mandate called the Revised Directive on Payment Services, or (PSD2), merchants operating in the EU economic zone must use payment service providers within the European Economic Area that offer what is known as strong customer authentication.
This is also sometimes referred to as the SCA requirement or the PSD2 compliance. In essence, this directive ensures that transactions occurring within the EU’s economic territories make use of multi-factor authentication in order to verify a buyer’s identity.
The promises of the European Union single market, while not full borne out in the reality of the business world, where the same are actually still far from the dream promised when it comes to the virtual single market. What does this mean?
In other words, the European Union might act as a single market when it comes to monetary issues and beyond, but the EU single digital market is hampered and its growth restricted by a myriad of factors including various compliance regimes and the logistical mastery needed to make it all work.
Intuit QuickBooks, the small business platform, today announces it has entered into an agreement with Payments-as-a-Service FinTech, Modulr. Modulr will power the new QuickBooks Business Account, a new digital payment account designed specifically for small businesses.
By providing payments infrastructure and digital payments expertise, the collaboration will allow QuickBooks to combine an industry leading business account with its suite of bookkeeping, accounting and tax tools, building on its vision to be ‘The One Source of Truth for a Small Business’.
Moorwand, the payments solution provider which aims to transform compliance into an enabler of innovation, has launched ‘Dear Luc’, a new payments agony uncle column with Fintech Futures.
Vacuumlabs has announced a global partnership with Thought Machine following the two firms’ successful cooperation in Asia.
FEBRUARY 23, 2021 | LONDON, UK | BY JAMES THORPE Lloyds Bank customers can now pay their credit card bills via their mobile app, leveraging
FEBRUARY 4, 2021 | LONDON NatWest Group to switch all Debit portfolios to Mastercard Mastercard and NatWest Group today announced an expansion of their payments
From currency notes to cheques and then banking cards to completely virtual transactions— the payments industry has come a long way in the last 100 years. The progression in the payment industry has also fuelled growth across the industrial spectrum.
Fulham Football Club is delighted to welcome Sokin as an Official Partner for the next three seasons, until the end of the 2022-2023 campaign.
Worldline [Euronext: WLN], the European market leader in payment and transactional services, is proud to announce that the company is the world’s first payments player to achieve Mastercard Enhanced Contactless (Ecos) certification released in the end of January, on its new contactless standard for POS device through Ingenico, a Worldline brand since October 2020.
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.
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.
PFS has been fully integrated into EML.
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.
allpay is today delighted to announce the launch of degradable swipecards, the next step in allpay’s green strategy.
Swipecards were a core innovation for allpay over 25 years ago, allowing individuals to pay their bills at outlets such as Post Office and PayPoint. Fast forward to today and the innovation continues with degradable cards with no deterioration to quality.
These will be available to all clients by spring 2021.
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.