PayPal partners UnionPay International to merge their growth network strategies

News | Payments General | Published | Thursday 23 Jan 2020 12:42 CET

UnionPay International and PayPal have announced a global partnership where both companies will work together to accelerate the growth of their networks.

... read more

PayPal partners UnionPay International to merge their growth network strategies

News | Published Thursday 23 Jan 2020 | 12:42 CET

UnionPay International and PayPal have announced a global partnership where both companies will work together to accelerate the growth of their networks.

...

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Cards not used for online payments to be disabled across India, says RBI

News | Online Payments | 24 Jan 2020 13:13 CET
The Reserve Bank of India (RBI) has asked banks and card issuers to disable online payment services of all credit and debit cards that have never been used for online/contactless transactions.
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Amazon enters Australian gig economy with Amazon Flex roll out

News | Ecommerce | 24 Jan 2020 13:06 CET
Amazon has launched Amazon Flex in Australia – an app that offers users the opportunity to deliver Amazon packages under a gig economy model.
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Local online stores account for only 8 percent of ecommerce in Austria

News | Ecommerce | 24 Jan 2020 12:47 CET
Consumers in Austria shop online, but not at local online stores, with only 8% of all online sales generated in the country going to an Austria-based ecommerce company.
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UK-based digital bank Vive acquires banking license from Bank of England

News | Online & Mobile Banking | 24 Jan 2020 11:51 CET

Vive, a newly established UK-based digital bank, has reportedly acquired a banking license with certain restrictions from the Bank of England (BoE).
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Sentry Bank selects CSI as core processing partner

News | Online & Mobile Banking | 24 Jan 2020 11:40 CET

Sentry Bank has selected Computer Service, Inc., a provider of financial technology solutions, as its new core processing partner and provider of digital banking solutions for customers, according to IBS Intelligence.

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Grubbrr integrates with FreedomPay to boost customers payment experience

News | Payments General | 24 Jan 2020 10:59 CET

Grubbrr, a technology company delivering ordering and fulfillment solutions through its self-ordering kiosk, has integrated with FreedomPay commerce platform, MobilePaymentsToday.com reports.

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Western Union, Bharti Airtel launch real-time money transfer services

News | Mobile Payments | 24 Jan 2020 10:41 CET

Western Union and India-based telco Bharti Airtel have partnered to launch two new payments services that will allow customers in India and Africa to move and receive money in real time, ZDNet reports.

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Cashfree launches 'Instant Settlements' feature

News | Payments General | 24 Jan 2020 10:30 CET
Cashfree, an India-based business payments platform, has launched the ‘Instant Settlements’ feature for faster settlements and improved cash flow for businesses. 
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Barclays announces new fintech partnership with Nimbla

News | E-invoicing, SCF & E-procurement | 24 Jan 2020 10:27 CET

Barclays has announced a partnership with Nimbla, a pioneer of single invoice insurance.

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More than 8.2 billion chip cards with EMV chips are used globally

News | Cards | 24 Jan 2020 09:01 CET

EMVCo, a consortium of financial companies, has announced that more than 8.2 billion chip cards with EMV chips are now in use globally.

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Square granted patent for fiat-to-crypto payments network

News | Cryptocurrencies | 24 Jan 2020 08:52 CET

Square, a global payments provider, has won a US patent for a new network that enables crypto-to-fiat transactions.

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Entersekt, Netcetera to secure ecommerce payments for large card issuers

News | Digital Identity, Security & Online Fraud | 23 Jan 2020 14:05 CET
Entersekt together with Netcetera, a payments technology specialist and long-standing regional partner, have implemented the system for Bank-Verlag. read more

Central banks team up to asses CBDC use cases, and more

News | Cryptocurrencies | 23 Jan 2020 13:55 CET
Some of the world’s largest central banks have decided to team up to assess the potential of developing their own digital currencies (central bank digital currencies - CBDC). read more

RS2 acquires KALICOM to support card-based payment systems in Germany

News | Online Payments | 23 Jan 2020 13:49 CET
RS2 Group, a global payments processing provider, has acquired KALICOM Liebers Zahlungssysteme, a commercial network operator for electronic and card-based payment systems in Germany. read more

India's ecommerce market set to surpass USD 91 bln in 2023, says GlobalData

News | Ecommerce | 23 Jan 2020 13:49 CET
The overall transaction value of the Indian ecommerce market is projected to grow from USD 49 billion in 2019 to USD 91 billion in 2023, according to GlobalData.
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Ecommerce in Germany worth EUR 72.6 bln in 2019

News | Ecommerce | 23 Jan 2020 13:47 CET
Ecommerce in Germany was worth EUR 72.6 billion in 2019, pointing out an increase of 11.6% compared to the situation in 2018.
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Bancorp, ACI Worldwide to offer real-time payments delivery for corporate disbursements

News | Online Payments | 23 Jan 2020 13:23 CET
The Bancorp and ACI Worldwide have partnered to enable real-time payments for corporate disbursements via a Visa-powered platform.
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WorldRemit partners Alipay to build a global remittance service

News | Mobile Payments | 23 Jan 2020 13:23 CET

WorldRemit has announced a partnership with Alipay, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app.

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LVMH brings out omnichannel feature to boost shopping experience

News | Payments General | 23 Jan 2020 12:56 CET

LVMH has announced the introduction of a delivery promise feature to boost its omnichannel shopping experience.

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