Articles with tag: enet

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"The pandemic isn't the cause of the rise of instant payments, it is rather further motivation for an already growing trend" – Interview with BPC

02 Jul 2020 | Online Payments

The Paypers sat down with Oleg Patsiansky, Head of Digital Banking at BPC to discuss the current status of instant payments and lessons learned from implementing infrastructures on a nationwide level

Oleg Patsiansky, BPC, BPC Payments, SEPA, Faster Payments, SEPA Instant Credit Transfer, instant payments, Europe, instant payments infrastructure, C2C, B2B, QR payments, IBAN, machine learning, WeNet, fraud prevention

Ripple to release On-Demand Liquidity in Brazil

15 Jun 2020 | Cryptocurrencies

US-based crypto company Ripple has announced plans to launch its On-Demand Liquidity service in Brazil, as reported by a company representative during an interview.

Ripple, On-Demand Liquidity, Brazil, ODL, crypto, cross-border payments, Latin America, Santander, Bradesco, Banco Rendimento, blockchain, RippleNet, payments, XRP token, fiat currencies, cross-border transactions

Ripple joins ISO 20022 standards body

07 May 2020 | Payments General

Cross-border payments network Ripple has become part of the ISO 20022 standards body, becoming one of its first members focused on distributed ledger technology (DLT). 

Ripple, XRP, ISO 20022, distributed ledger technology, DLT, RippleNet, API, global payments network, MUFG, SCB, Santander, SWIFT MT, cross border payments, payment messaging standard

MoneyGram receives USD 16.6 mln in XRP incentives from Ripple in Q1 2020

06 May 2020 | Cryptocurrencies

Global money services company MoneyGram has received incentives from Ripple in the first quarter of 2020, amounting to a total of USD 16.6 million, according to The Block Crypto.

XRP, MoneyGram, RippleNet, Ripple, remittances, cross border payments, money transfers

Bank of America reportedly joins RippleNet to power instant global payments

20 Feb 2020 | Payments General

Bank of America (BofA) has been quietly exploring the blockchain technology for several years now, and could be officially joining RippleNet, according to Zy Crypto.

Bank of America, BofA, blockchain, RippleNet, cross border payments, instant payments, DLT, US

WEX acquires eNett and Optal for geo-expansion and consolidation

27 Jan 2020 | Online Payments

WEX has entered into an agreement to purchase eNett, a B2B payments solutions provider to the travel industry, and Optal, a B2B transactions optimization company, for a total consideration of approximately USD 1.7 billion.

WEX, acquisition, eNett, Optal, B2B payments

Alibaba makes it way in Europe, undercutting Amazon's expansion

08 Jan 2020 | Ecommerce

China’s retail company Alibaba is making its move on Europe, by undercutting Amazon sellers’ fees to attract vendors, according to Reuters.

AliExpress, Alibaba, Amazon, vendors, retail, Benetton, Tendam, ecommerce, online shopping

5.4 mln people shopped online in Hungary in 2018

28 May 2019 | Ecommerce

Approximately 5.4 million people shopped online at least once in 2018, accounting for 91% of adult internet users in the country, according to an eNet survey.

Hungary, online shopping, ecommerce, eNet, cash, card

BS PAYONE, Retail Pro equip Benetton with mobile tablet POS solution

23 Apr 2019 | Payments General

BS PAYONE and Retail Pro International (RPI) have announced that they are equipping the Benetton Group`s London store with a mobile POS and payments system.

BS PAYONE, Retail Pro, Benetton, mobile POS, UK

Finablrs UAE exchange to partner with Ripple for cross border payments

11 Feb 2019 | Payments General

Ripple has announced a new partnership UAE exchange and Finlabr subsidiary Unimoni to facilitate cross-border payments in Thailand.

UAE Exchange, Finlabr, Ripple, Unimoni, partnership, cross-border payments, blockchain, Thailand, United Arab Emirates, Asia, IPO, RippleNet

Why are some markets more ecommerce friendly than others

10 Jan 2019 | Expert Opinion

James Booth, Vice President, Head of New Business at PPRO, talks about digital literacy, internet penetration, ecommerce, and more

James Booth, PPRO, digital literacy, internet penetration, ecommerce

Belfrics Group launches its KYC blockchain, Belrium

24 Dec 2018 | Digital Identity, Security & Online Fraud

Belfrics Group has announced the global launch of Belrium Mainnet, a KYC compliant blockchain, offering companies a secure and decentralised ecosystem.

Belfrics Group, KYC, blockchain, decentralized system, security, onboarding, regulations, govermenet, banks, national ID, transactions

Travelport Worldwide to be acquired by two US investment funds

12 Dec 2018 | E-invoicing, SCF & E-procurement

Travel technology platform and B2B payments specialist Travelport Worldwide has announced it will be acquired by Siris Capital and Evergreen Coast Capital.

Travelport Worldwide, Siris Capital, Evergreen Coast Capital, mergers and acquisitions, M&A, US, Travel technology platform, B2B payments, investment fund, eNett, Elliott Management Corporation

Disrupting travel payments: from concept to reality

03 Oct 2018 | Interviews

We sat down with Anthony Hynes, CEO of eNett International, to learn how the company aims to disrupt travel payments and change the way travellers interact with travel suppliers

Anthony Hynes, eNett International, travel payments, eNett VANs, Optal, online travel agent (OTA), credit card, Europe, Travelport,