Articles with tag: payment services

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Repay to buy B2B payments solution provider CPS Payment Services

News | Payments General | 29 Oct 2020

US-based integrated payment solutions provider Repay Holdings has inked a deal to acquire accounts payable (AP) automation provider CPS Payment Services (CPS), reports Electronic Payments International.

Repay, B2B payments, CPS Payment Services, M&A, acquisition, virtual cards

Commercial Bank of Dubai, NOW Money to provide financial inclusion across the UAE

News | Payments General | 19 Oct 2020

Commercial Bank of Dubai (CBD) has signed a partnership agreement with NOW Money, a digital account service, to provide accounts and cards targeted specifically at low-income customers.

Commercial Bank of Dubai, CBD, financial inclusion, NOW Money, banking, digital banking, Payment Services Provider, payroll service, financial inclusion

Wirecard to cease payment services in Singapore, MAS directive

News | Online Payments | 02 Oct 2020

The Monetary Authority of Singapore (MAS) has directed Wirecard entities to cease their payment services in Singapore, according to straitstimes.com.

MAS, Wirecard, payment services, Singapore, payment services, Monetary Authority of Singapore, customer funds, Germany, digital payments, bankruptcy, bank accounts, Phillipines, APAC, Asia Pacific, Pasir Panjang, Wirecard SG, merchants, e-payments, Nets, PayNow, SGQR, pre-paid cards, credit cards, card payments

Bank of Georgia secures USD 50 mln trade finance facility with Citi

News | E-invoicing, SCF & E-procurement | 18 Sep 2020

Bank of Georgia has signed a USD 50 million one-year trade finance facility with US-based bank Citigroup.

Bank of Georgia, Citi, trade finance, facility, Citigroup, bank, reimbursement, trade advances, retail banking, payment services, corporate banking, investment banking, wealth management, trade finance solutions

TipMe drives ecommerce and cashless transactions in Liberia

News | Mobile Payments | 08 Sep 2020

Electronic payment service provider TipMe has launched to provide individuals and businesses access affordable financial products and services that meet their needs.

TipMe, launch, cashless, mobile money wallet, mobile wallet, Visa, Mastercard, LEC tokens, bill payment services, ecommerce

Global fintech platform Nium receives EMI licence in UK

News | Payments General | 01 Sep 2020

Nium, a global financial technology platform, has received the Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA) in the United Kingdom to issue e-money and provide cross-border digital payment services in the UK.

Nium, fintech, financial technology platform, Electronic Money Institution, EMI licence, FCA, UK, e-money, cross-border digital payment services

Western Union enters Brazil with international payment services

News | Payments General | 07 Aug 2020

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.

Western Union, Brazil, Banco SEMEAR, WU GlobalPay for FI, cross-border, cross-currency, payments, platform, banking system infrastructure, international payment services, online platform, Business Solutions, processing transactions, financial institutions

BNY Mellon offers SWIFT gpi Case Resolution service

News | E-invoicing, SCF & E-procurement | 04 Aug 2020

BNY Mellon has collaborated with SWIFT to offer the gpi Case Resolution service to US-based clients.

BNY Mellon, SWIFT, gpi, Case Resolution, US, United States, client-centric payment services, global payments innovation, cloud, banks, inquiries, compliance, payments, cross-border payments, fees

Diginex launches crypto exchange in Singapore

News | Cryptocurrencies | 31 Jul 2020

Hong Kong-based Diginex has launched a cryptocurrency exchange in Singapore, where it currently operates under a ‘temporary exemption’ from licensing. 

Diginex, cryptocurrency, crypto exchange, Singapore, temporary exemption, license, Hong Kong, Nasdaq, EQUOS.io, crypto trading, spot trading, blockchain, Payment Services Act, 8i Enterprises Acquisition, Major Payment Institution

eBay to sell its business unit to Adevinta for USD 9.2 bln

News | Ecommerce | 23 Jul 2020

eBay has revealed it reached a deal to sell off its Classifieds business unit to Adevinta, a Norway-based classified ads publisher majority owned by Norwegian publisher Schibsted.

Adevinta, acquisition, eBay, Classifieds, ecommerce, payment services, regulations

Google to offer loans through Google Pay for Business to India-based merchants

News | Mobile Payments | 26 Jun 2020

Google has announced it will offer credit to millions of merchants in India through its Google Pay for Business app in late 2020.

Google, loans, India, merchants, Google Pay for Business, COVID-19, Nearby Stores, WhatsApp Pay, payment services

Spanish fintech Strands receives AISP license

News | Online & Mobile Banking | 24 Jun 2020

Strands, a Spain-based fintech, has been granted an AISP license as it prepares to expand its PSD2 services offering. 

Spain, fintech, AISP, PSD2, Strands, payments, Payment Services Directive, banks

5 golden rules of ePayments

Voice of the Industry | Digital Identity, Security & Online Fraud | 05 Jun 2020

As epayments become more intermingled with physical card transactions from tech giants, Anne Bailey from KuppingerCole reviews some golden rules of e payments for merchants

Tokenisation, encryption, transaction security, PIN, epayments, KuppingerCole, security, merchants, data protection, banks, payment services, Anne Bailey

Worldline launches a new SoftPos payment solution in Poland

News | Mobile Payments | 04 Jun 2020

Worldline owned SIX Payment Services, together with Poland-based fintech SOFTPOS, have launched SoftPoS mobile terminal.

Worldline, SoftPos, SIX Payment Services, mobile payments, mobile POS solution, Poland, Europe

A look into Japan's fintech landscape - Tokyo FinTech

Voice of the Industry | Online & Mobile Banking | 11 May 2020

Norbert Gehrke of Tokyo FinTech elaborates on the most important fintech trends in Japan, while highlighting the possible impact of the coronavirus pandemic on the financial services sector

Norbert Gehrke, Tokyo FinTech, fintech, Japan, coronavirus, COVID-19, economy, Tokyo, Netherlands, Switzerland, Taiwan, Sweden, cashless, payments, Germany, merchants, SMEs, Open Banking, banking, electronic payments, PISPs, AISPs, banks, APIs, Financial Services Agency, FSA, startups, digital banks, retail, Emerada, cryptocurrency, Bitcoin, Payment Services Act, PSA, Financial Instruments and Exchange Act, FIEA, security, tokens, exchange, blockchain, transactions

Worldline acquires GoPay, strengthens its ecommerce position in Eastern Europe

News | Online Payments | 23 Apr 2020

Worldline, one of the European leaders in payment and transaction services, has announced that it has acquired a majority stake in GoPay, a player in online payments in Eastern Europe.

Worldline, GoPay, acquisition, M&A, merchant, Europe, payment services providers, online payments

Betzest online casino partners Neteller and Skrill

News | Online Payments | 13 Feb 2020

Online bookmaker and casino operator, Betzest, has entered into a new partnership agreement with payment providers Neteller and Skrill.

betting, payment services, Skrill, Neteller, Paysafe, gambling

Monetary Authority of Singapore commences the Payment Services Act

News | Payments General | 03 Feb 2020

The Monetary Authority of Singapore has commenced the Payment Services Act (PS Act) to enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and promote confidence in the use of e-payments.

Monetary Authority of Singapore, Payment Services Act, e-payments, regulation

4Stop, Hexopay join forces to link identity and payment services

News | Digital Identity, Security & Online Fraud | 28 Jan 2020

 

Risk management provider 4Stop has announced its partnership with Hexopay, to bring together a shared ethos of single API platforms.

4Stop, partnership, Hexopay, identity, payment services, risk management, API, onboarding, authorisation, fraud risk, KYB, KYC, fraud prevention, transactional monitoring, merchants

Monetary Authority of Singapore starts consultation on digital payment tokens, e-money

News | Cryptocurrencies | 24 Dec 2019

The Monetary Authority of Singapore (MAS) has commenced consultation on E-money and digital payment tokens (DPTs).

MAS, Monetary Authority of Singapore, Payment Services Act, e-money, fintech, financial technology, token, cryptocurrency, Libra, Facebook Libra, stablecoin, Singapore, Asia, APAC