Category: Payments

December 19, 2018 BY Valentina Kirilova

AirTM teams up with pay-to-click platform Neobux

AirTM, a blockchain and bank-connected digital wallet, has announced its partnership with the pay-to-click platform NeoBux. The integration's aim is to provide global payment services and better financial security and control to freelancers in developing countries. AirTM is now available as a payment option on NeoBux, allowing freelancers around the globe to instantly convert money…

Read more
Facebook gearing up to develop a crypto-based P2P payment system
December 18, 2018 BY Valentina Kirilova

Facebook gearing up to develop a crypto-based P2P payment system

Major payment system providers like Visa (NYSE:V) and MasterCard (NYSE:MA) may be having nightmares lately and for good reason. The word on the street is that Facebook is aggressively moving forward with plans to create an internal payment system that connects overnight its 2.3 billion active customer base. How do you do this feat without…

Read more
Paysafe extends Google partnership in 5 new countries
December 18, 2018 BY Valentina Kirilova

Paysafe extends Google partnership in 5 new countries

Google has just informed that it has added paysafecard, a prepaid solution and part of the payments services company Paysafe Group Plc (LON:PAYS), as a new payment method in the Google Play Store in five additional European countries: Germany, the UK, France, Spain and Greece. Earlier this year, Paysafe has teamed with Google to be…

Read more
SafeCharge teams up with online sports betting and iGaming bank payments source Mazooma
December 10, 2018 BY Valentina Kirilova

SafeCharge partners with eCommerce service provider The Level Group

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has partnered with The Level Group - a provider of e-commerce solutions for luxury and fashion brands. The Level Group's aim is to reduce the complexities associated with cross-border payment processing and make it easier for its diverse customer base. The…

Read more
Brokers are seeking alternative payments channels
November 29, 2018 BY Valentina Kirilova

Brokers are seeking alternative payments channels

It is a common situation faced by many Forex brokers: the sales team have attracted an enthusiastic lead, compliance measures have been completed correctly, the lead is all set to deposit a significant sum to your brokerage, and you sit awaiting the incoming funds on the dashboard. But then, instead of seeing a sizable number…

Read more
Goldman Sachs and Morgan Stanley go live with IBM-powered CLSNet
November 28, 2018 BY Valentina Kirilova

Goldman Sachs and Morgan Stanley go live with IBM-powered CLSNet

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just announced that CLSNet is now live with investment bank Goldman Sachs (NYSE:GS) and US based investment banking giant Morgan Stanley (NYSE:MS). Six additional members from North America, Europe and Asia, including Bank of China (Hong Kong) will join…

Read more
LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
November 16, 2018 BY Valentina Kirilova

Bank of Canada, BoE and MAS share assessment on emerging opportunities for digital transformation in cross-border payments

The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. The report,…

Read more
Berkshire Bank offers real-time payments with Finastra
November 15, 2018 BY Valentina Kirilova

BCS Global Markets to develop advanced global payments

The London-based business of BCS Global Markets (BCS GM) has informed the pubic that it has obtained a transaction banking license to provide clients with an integrated investment banking and payment services solution. The platform will combine various new technologies with an innovative payment interface and enhanced fraud protection and will be led by Dr…

Read more