Articles with tag: ec

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Mypinpad to boost omnichannel payments with Visa Ready

20 Oct 2020 | Mobile Payments

Visa has granted Visa Ready certification for UK-based mobile payments company MYPINPAD’s Tap to Phone mPOS solution.

MYPINPAD, Visa, Visa Ready, partnership, Tap to Phone solution, optional PIN capture, Android, mobile payments, mobile security,

UK-based Atom bank, SurePay partner for fraud prevention

20 Oct 2020 | Digital Identity, Security & Online Fraud

SurePay has announced the successful implementation of its UK Confirmation of Payee solution for app-based bank Atom bank

Atom bank, SurePay, fraud prevention, UK, Confirmation of Payee, Netherlands, payments, IBAN, Name Check, online payments, UK Finance, Open Banking Expo, banking fraud, internet fraud, impersonation scams, fraudster

China tests its CBDC in Shenzen

20 Oct 2020 | Online Payments

China’s USD 1.5 million digital Yuan giveaway has completed successfully, with winners spending around 88% of the total prize pool.

CBDC, digital Yuan, China, digital currency, electronic payment, PBoC

Bendigo Bank, Tyro Payments partner for merchant acquiring alliance

20 Oct 2020 | Payments General

Australia-based retail banking company Bendigo Bank has partnered with payments solutions provider Tyro Payments to form a merchant acquiring alliance.

Bendigo Bank, Tyro Payments, merchant acquiring, alliance, partnership, Australia, retail banking, payments solutions, SME, banks, small business, co-branded, EFTPOS, ecommerce

Singaporeans expect retailers to adopt unified commerce, Adyen report shows

20 Oct 2020 | Ecommerce

New data released by Adyen has revealed that Singapore-based consumers were quick to adapt, adopting online channels at a rate well above the global average.

Adyen, research, Singapore, 2020 Agility Retail Report, shopping apps, ecommerce, retailers, online shopping, contactless payments, self-checkout, kiosks, rewards programmes, credit card, loyalty programme

Cordite Society launches Corda Network digital currency

20 Oct 2020 | Cryptocurrencies

Cordite Society, a co-operative society registered in the UK, has launched XDC, the first Corda Network digital currency, according to the official press release.

DeFi, stablecoin, cryptocurrency, token, Cordite Society, UK, Corda, blockchain, R3, CBDC

Billtrust acquired by South Mountain

20 Oct 2020 | E-invoicing, SCF & E-procurement

Billtrust, a B2B order-to-cash solutions provider, and South Mountain Merger Corporation have entered into a definitive business combination agreement.

B2B commerce, accounts receivable, AR, Business Payments Network, ERP, B2B payments, invoicing, Billtrust, automation

i2c joins Visa's Fintech Fast Track Program

20 Oct 2020 | Payments General

i2c, a digital payment and banking technology provider has announced that it has joined Visa’s Fintech Fast Track program as a new enablement partner in the US, Canada and CEMEA.

i2c, fintech, Visa, startups

Polymath adds Coinbase Custody to its Service Provider Ecosystem

20 Oct 2020 | Cryptocurrencies

US-based digital asset custodian Coinbase Custody has been added to the Polymath Service Provider Marketplace. 

Polymath, Coinbase Custody, Service Provider Ecosystem, Polymath Service Provider Marketplace, US, digital asset, custodian, KYC, AML, custody storage, token, NYDFS, regulation, crypto, cryptocurrency, crypto assets

VLS rebrands to 'Banking Works' following transformation project

20 Oct 2020 | Payments General

Virtual Lease Services (VLS), a UK-based outsourcing partner to the banking and lending community, has launched a new brand and service proposition to market.

Banking Works, data processing, decisioning, robotic process automation, NETSOL Technologies, UK, financial services

Zalando acquires Swiss mobile body scanning developer Fision

20 Oct 2020 | Ecommerce

Germany-based retailer Zalando has acquired Switzerland-based software company Fision, with the aim to reduce the number of returns.

Zalando, Fision, online commerce, ecommerce, 3D body scan, personalised 3D body profiles, Switzerland, Germany, Europe, online retailer,

Mastercard to streamline digital transformation for Ethiopian commerce

20 Oct 2020 | Online Payments

Mastercard has announced a partnership with the Ethiopian Ministry of Innovation and Technology (MINT) to develop and implement strategies for a more digitised economy in Ethiopia.

Mastercard, Ethiopian Ministry of Innovation and Technology, Ethiopia, digital transformation, online payments, digitalization, digitised payment solution, Africa, MENA, SMB, SME,

Accelerated Payments obtains GBP 20 mln financing

19 Oct 2020 | E-invoicing, SCF & E-procurement

SME funding provider Accelerated Payments has secured a GBP 20 million senior debt line from asset manager Channel Capital Advisors to expand AP’s receivables financing capability. 

Accelerated Payments, financing, SME, receivables, senior debt line, asset manager, Channel Capital Advisors, invoice financing, Europe, Ireland, UK, covid-19, FCA

KGI Asia, Itiviti partner for global markets' trading

19 Oct 2020 | E-invoicing, SCF & E-procurement

Electronic trading provider Itiviti has announced that Hong Kong-based equity broker KGI Asia has selected its multi-asset order management solution for high and low-touch trading

KGI Asia, Itiviti, trading, global markets, Hong Kong, electronic trading, equity broker, multi-asset, order management solution, OMS, trading, Care, DMA, customer flows, onboarding

Prime FinTech launches Endorse

19 Oct 2020 | Online & Mobile Banking

Egypt-based Prime FinTech has announces the start of its market activities in the Egyptian market by launching its first company, Endorse, with a paid-in capital of USD 3.2 million.

Prime Fintech, Endorse, Egypt, FRA, consumer finance, leasing, factoring

Study reveals the lack of adoption of open banking into commercial lending

19 Oct 2020 | Online & Mobile Banking

An international study of over 1,000 senior professionals in the banking, lending, PFM, investment, and retail sectors has revealed the lack of adoption of open banking into commercial lending. 

Open Banking, commercial lending, study, security, banks

Paytm to issue 2 mln credit cards

19 Oct 2020 | Cards

Paytm had announced that it will be partnering with various card issuers to launch co-branded credit cards.

Paytm, card issuers, launch, co-branded, credit cards, insurance protection, fraudulent transactions, international transactions, reward points

Detect raises GBP 250,000 in pre-seed funding round

19 Oct 2020 | Digital Identity, Security & Online Fraud

UK-based regtech Detected has closed its pre-seed funding round at GBP 250,000.

Detected, UK, regtech, funding, fund raiser, marketplace, procurement

Fintech TradeCore supports Plato

19 Oct 2020 | Payments General

Fintech TradeCore has announced a partnership with Plato, supporting the payments business in bringing new payment transfers to customers.

Fintech, TradeCore, Plato, payments, money transfer

BUX, Yapily enable rapid investments to users in Germany

19 Oct 2020 | Online & Mobile Banking

Enterprise connectivity platform Yapily has partnered with mobile broker BUX to enable German users of BUX Zero to quickly fund their accounts and build an investment portfolio.

BUX, Yapily, investments, Germany, enterprise connectivity, platform, mobile broker, BUX Zero, open banking, mobile banking, app, bank transfers, open finance