Articles with tag: repay

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REPAY scales B2B payments offerings with Billtrust partnership

News | Online Payments | 21 Jan 2021

Repay, a provider of vertically-integrated payment solutions, has announced a technology integration with Billtrust, a B2B accounts receivable automation and integrated B2B payments company.

Repay, Billtrust, business partnership, B2B payments, electronic payments, virtual credit cards

Assembly Payments expands payments partnership with Beforepay

News | Online Payments | 20 Jan 2021

Assembly Payments has expanded its partnership with Beforepay to continue to leverage the New Payments Platform (NPP) to reduce its Pay On Demand approval time from 48 hours to 60 seconds.

Assembly Payments, Beforepay, payments, partnership, Australia, NPP, New Payments Platform, pay on demand, transaction fee, bank account

Greece-based bank loans subject to COVID-19 repayment relief hit USD 37 bln in 2020

News | Payments General | 06 Jan 2021

Greece-based banks have deferred repayments on USD 36.85 billion worth of loans in 2020 to help borrowers cope with the financial fallout of the COVID-19 pandemic, according to Yahoo Finance.

Greece, bank, loans, COVID-19, repayment, borrower, pandemic, European Banking Authority

Banks report an increased use of COVID-19 moratoria and public guarantees

News | Payments General | 23 Nov 2020

The European Banking Authority (EBA) has published a first assessment of the use of COVID-19 moratoria and public guarantees across the EU banking sector.

COVID-19, loans, banks, EBA, moratoria, public guarantees, loan repayments, public guarantee schemes, fiscal measures

OLB Group updates its SecurePay payment gateway with ACH transfers

News | E-invoicing, SCF & E-procurement | 06 Nov 2020

US-based OLB Group has announced that its SecurePay payment gateway now offers transfer of funds within hours with support for ACH (Automated Clearing House) services.

OLB Group, SecurePay, product launch, payment gateway, Automated Clearing House, SME, remittances,

Loans issued via AI underwriting to reach USD 315 bln by 2025

News | Payments General | 03 Nov 2020

A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach USD 315 billion in 2025, up from just USD 24 billion in 2020. 

Juniper Research, study, AI, loans, lending, banks, repayments

Two debt restructuring schemes launched to help distressed SMEs

News | E-invoicing, SCF & E-procurement | 02 Nov 2020

SMEs in financial distress because of the Covid-19 pandemic will be able to access the Sole Proprietors and Partnerships (SPP) Scheme and Extended Support Scheme - Customised (ESS-C) to restructure credit facilities and debts owed to multiple lenders.

SMEs, finance, COVID-19, banks, loans, SMEs, lending, repayments

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

FCA highlights continued support for consumers struggling with payments

News | Payments General | 23 Oct 2020

The Financial Conduct Authority has urged consumers struggling to make repayments due to the impact of coronavirus (Covid-19) to speak to their lenders about options available to them. 

Financial Conduct Authority, lending, loans, repayments, COVID-19, financial resilience, debt, payments, bills

UK-based Atom bank, SurePay partner for fraud prevention

News | Digital Identity, Security & Online Fraud | 21 Oct 2020

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

The UK Chancelor of the Exchequer extends CBILS

News | Payments General | 28 Sep 2020

The UK’s Chancelor of the Exchequer has reported intentions to extend the government loan schemes that have been helping SMEs stay afloat throughout the coronavirus pandemic. 

UK, Chancelor of the Exchequer, CBILS, government loan schemes, SMEs, coronavirus, pandemic, financial aid, fintechs, alternative lenders, accredited lenders, banks, CLBILS, Bounce Back Loans, loans, Future Fund, convertible loans, repayment, Pay As You Grow

EBA to gradually stop loan repayments guidelines

News | Payments General | 22 Sep 2020

The European Banking Authority (EBA) has made plans to phase out its Guidelines on legislative and non-legislative payment moratoria in accordance with its end of September 2020 deadline.  

EBA, Europe, legislative loan repayments, non-legislative loan repayments, guidelines, payment moratoria, European Banking Authority, covid-19, pandemic, regulatory framework, banks, loans

PurePay partners with Clearhaus to boost its presence in the UK

News | Online Payments | 14 Sep 2020

PurePay has partnered with Denmark-based merchant acquiring services company Clearhaus to expand its capabilities in the UK payments space.

PurePay, Clearhaus, UK, PSP, Europe, merchants, online payments, Apple Pay, Google Pay, ANYDAY, PayNoPain, Team.Blue, Payrexx, Newgen Payments

REPAY, Advanced Business Computers of America partner to facilitate card payments

News | Online Payments | 09 Sep 2020

REPAY has partnered with Advanced Business Computers of America to enhance card payment acceptance and processing.

REPAY, Advanced Business Computers of America, ABCoA Deal Pack, debit cards, credit cards, ACH payments, payment entry duplication, transaction processing, electronic payments, merchants

Flipkart launches B2B marketplace for kiranas and small sellers

News | Ecommerce | 01 Sep 2020

Walmart-owned Flipkart has launched operations of its B2B marketplace for kiranas and small sellers, called Flipkart Wholesale.

Walmart, Flipkart, launch, B2B, marketplace, kiranas, Flipkart Wholesale, Delhi, Gurugram, Bengaluru, Flipkart Wholesale’s Easy Credit, repayment behaviour, ecommerce

Repay integrates with Sage 500 to support B2B payments

News | Payments General | 19 Aug 2020

US-based integrated payment solutions provider Repay Holdings has joined forces with Sage 500 – an enterprise management solution designed to streamline the operations of merchants.

Repay, Sage 500, B2B payments, merchants

PayPal rolls out instalment payments programme in France

News | Online Payments | 03 Jul 2020

PayPal has launched an online instalment payments programme to help France-based SMEs during the coronavirus pandemic.

PayPal, launch, instalment payments, France, SMEs, instalments, repayments, purchase protection, bank card, merchant, Paiement en 4X, online payments, coronavirus

Bank of Ireland swings to USD 261 mln loss amid COVID-19 pandemic

News | Payments General | 11 May 2020

Bank of Ireland has reported a USD 261 million loss after taking an impairment charge related to loan repayment breaks for customers in Ireland and Britain.

Bank of Ireland, impairment charge, Ireland, Britain, covid19, pandemic, loan repayment breaks, Tier 1 capital ratio, CET1 ratio, Ireland, Europe

FCA proposes credit-card payment freeze and GBP 500 overdraft for all

News | Cards | 03 Apr 2020

The UK’s Financial Conduct Authority has said that loan and credit card repayments could be frozen for three months.

Financial Conduct Authority, United Kingdom, overdraft, online accounts, online payments, credit card repayments, COVID-19, coronavirus,

PayPal announces new measures on fees, repayments to help merchants

News | Payments General | 01 Apr 2020

PayPal Holdings has announced a set of relief measures to help its more than 24 million merchants around the world impacted by the coronavirus pandemic.

PayPal, fees, repayments, COVID-19, coronavirus, loans, chargeback, merchants, banks, accounts, cards