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Wirex receives Georgia-based license, pursues US expansion

Payments General | 07 Aug 2020 14:40 CET | United States

Payments company Wirex has received its first money transmission license in the US from the State of Georgia Department of Banking and Finance.
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BIO-key integrates Clearent to its PortalGuard portfolio

Digital Identity, Security & Online Fraud | 07 Aug 2020 13:05 CET | World

BIO-key has landed another customer for its PortalGuard access management solution, stating that Clearent will be using PortalGuard to replace its previous identity application. 
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CO-OP teams up with Zelle

Online & Mobile Banking | 07 Aug 2020 12:54 CET | United States

US-based CO-OP Financial Services has partnered with Zelle to offer P2P payments to credit unions in the CO-OP ecosystem.
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Kroger unveils contactless payments pilot

Online Payments | 07 Aug 2020 12:52 CET | World

The Kroger Co. has announced the launch of a contactless payments pilot across the QFC division, allowing customers to use their mobile device for a seamless checkout experience. 
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Huawei reveals Digital Payment Cloud Solution

Mobile Payments | 07 Aug 2020 12:49 CET | World

Huawei has launched a new Digital Payment Cloud Solution to help digital payment service operators build super app centered payment ecosystems.
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Cynopsis Solutions, FaceTec partner to facilitate the digital onboarding process

Digital Identity, Security & Online Fraud | 07 Aug 2020 12:45 CET | World

Singapore-based company Cynopsis Solutions has partnered with FaceTec to provide a secure ID verification solution, empowered with 3D liveness detection.
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Paynetics, phyre, VIVACOM unveil the Mastercard Digital First card

Cards | 07 Aug 2020 12:43 CET | Europe

Fintech payment service provider Paynetics, digital banking platforms provider phyre, and Bulgaria-based telecoms provider VIVACOM have launched the Mastercard Digital First card. 
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Ted Baker integrates Klarna as one of its payment methods

Online Payments | 07 Aug 2020 12:32 CET | United Kingdom

UK-based luxury clothing retail company Ted Baker has partnered with Klarna to offer two new payment methods on its UK website.
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Yoox Net-a-Porter to leverage Montblanc's online shopping experience

Ecommerce | 07 Aug 2020 12:27 CET | World

Luxury goods company Montblanc has announced that Yoox Net-a-Porter will operate its ecommerce platform starting from August 2020 to expand its digital capabilities.
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Klarna creates new ways to make shopping social with the launch of followable Wish lists

Ecommerce | 07 Aug 2020 11:57 CET | United States

Klarna has launched followable Wish lists for shoppers, a new feature that allows customers to create, share, and follow shoppable Wish lists on the Klarna app. 
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Alta by Helium 10 allows Amazon sellers to benefit from a suite of financial solutions

Online Payments | 07 Aug 2020 10:49 CET | World

Helium 10 has launched its Alta programme that allows Amazon sellers to use features such as digital wallets, rapid approval of credit lines, and international direct payments.
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Western Union enters Brazil with international payment services

Payments General | 07 Aug 2020 10:42 CET | Brazil

Cross-border and cross-currency payments provider Western Union has announced a partnership with Banco SEMEAR in Brazil to offer the WU GlobalPay for FI platform.
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Axis Bank partners with Innoviti

Payments General | 07 Aug 2020 09:22 CET | India

India-based Axis Bank has partnered Innoviti to provide options of the bank’s debit cards through Innoviti POS terminals.
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BankMobile merges with Megalith Financial Acquisition

Online & Mobile Banking | 07 Aug 2020 09:18 CET | United States

US-based BankMobile, a subsidiary of Customers Bank, and Megalith Financial Acquisition (MFAC) have entered into a definitive merger agreement.
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Paystand launches its Zero Card

Cards | 07 Aug 2020 09:16 CET | United States

US-based Paystand, a payments-as-a-service platform, has announced debuting its Zero Card, a touchless, prepaid B2B corporate expense card for mid-market businesses.
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Capital One to pay USD 80 mln fine over 2019 data breach

Digital Identity, Security & Online Fraud | 07 Aug 2020 09:12 CET | United States

Capital One Financial must pay an USD 80 million fine over issues related to a data breach in 2019 that exposed more than 106 million records of customers and credit card applicants.

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UK regulator stops the merge between FNZ and GBST

E-invoicing, SCF & E-procurement | 07 Aug 2020 09:12 CET | United Kingdom

The UK Competition and Markets Authority (CMA) has provisionally blocked the merger of suppliers of retail investment platform solutions, FNZ and GBST.
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United Overseas Bank launches its digital bank in Indonesia

Online & Mobile Banking | 07 Aug 2020 09:10 CET | Indonesia

Singapore-based United Overseas Bank (UOB) has launched its digital bank TMRW in Indonesia.
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Swiss bank Basler Kantonalbank to offer crypto trading and custody services

Cryptocurrencies | 07 Aug 2020 09:05 CET | Switzerland

Basler Kantonalbank, a Switzerland-based bank backed by the country’s government, has announced plans to offer crypto trading and custody services via its subsidiary Bank Cler.

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Sezzle eyes expansion plans in India

Payments General | 07 Aug 2020 09:05 CET | India

Sezzle, a US-based company that offers buy now, pay later service, has announced plans to foray into India by the end of this year, reports Electronic Payments International.
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MatchMove introduces cross-border remittance platform for businesses

Payments General | 07 Aug 2020 08:59 CET | Singapore

MatchMove, the Singapore-based Banking-as-a-Service platform, has announced the launch of its new remittance platform, RemitSend by MatchMove, to enable cross-border business-to-business (B2B) remittances for businesses.
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Mozper provides digital banking services to South American parents and kids

Online & Mobile Banking | 07 Aug 2020 08:39 CET | Latin America

The Uruguayan-Mexican fintech Mozper has launched a new service to provide digital banking services to parents and kids in Latin America. 
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Ayoconnect closes USD 5 mln Pre-Series B funding round

Payments General | 07 Aug 2020 08:30 CET | Indonesia

Ayoconnect, an Indonesian fintech company, has raised USD 5 million in Pre-Series B funding from strategic global investors to continue building Indonesia’s largest bill network. 
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Singapore's IRAS taps DBS for payment digitalisation

Online Payments | 06 Aug 2020 14:48 CET | Singapore

Inland Revenue Authority of Singapore (IRAS), a government authority in charge of tax collection, has collaborated with DBS to digitalise payments.


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Apple acquires Mobeewave to pursue contactless payment in Canada

Mobile Payments | 06 Aug 2020 14:45 CET | Canada

Apple had finalised its acquisition of Canada-based payment acceptance solution provider Mobeewave in a bid to strengthen its contactless payment platform....

 

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