Payments provider Klarna has just announced a partnership with Manchester-based fashion brand, In The Style. In The Style customers will now benefit from Klarna’s Pay later service, which allows shoppers to order their favourite clothes online, then have the flexibility to pay for them up to 30 days later — with no interest or fees.…
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The Council of Financial Regulators (CFR) has today released an Issues Paper: Review of Retail Payments Regulation: Stored-Value Facilities. The Issues Paper is part of a review into the regulatory regime for ‘stored value facilities’, which are payment products that allow users to pre-load money for future purchases (such as a travel money card). While…
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The Australia and New Zealand Banking Group Limited (ANZ) has announced a new way for customers to access cash on the go, using only their smartphone or watch at 2,400 ATMs across Australia. ANZ customers will be able to withdraw cash from ANZ ATMs using their preferred mobile payments device instead of plastic cards across…
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In China, one can use a vending machine to buy a car with the same amount of effort it takes to purchase a coke and now caffeine deprived workers in need of a hot drink can order a coffee using cryptocurrency. This convince is made possible by a new partnership between iVend and GoByte and…
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The payment provider Klarna Bank AB (Klarna) has just announced that it is acquiring Close Brothers Retail Finance (CBRF) from UK merchant banking group Close Brothers Group plc (Close Brothers). Michael Rouse, Chief Commercial Officer of Klarna: We are delighted to welcome CBRF to Klarna, the complementary talents and propositions will help accelerate Klarna’s leadership…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has reported record Revenues amid continued growth in the first half of 2018. Overall, SafeCharge brought in $66.8 million in Revenues, up 14% from 2H-2017 and up 26% from the previous year's first half. Financial highlights for 1H-2018 Revenue growth of 26% to US$66.8 million…
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The global payments provider Paysafe has announced the launch of Paysafe Accelerated Funding, a comprehensive suite of fast and flexible same or next day settlement options for small and medium-sized businesses (SMBs) based in the U.S. This new funding settlement product offering leverages the company’s collaboration with Company.com and Ingo Money, announced back in June, to…
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Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL) has announced that to expand the capabilities of its Global Payments Division, it has acquired the fully accredited SWIFT Service Bureau from PayCommerce. This acquisition will now enable INTL FCStone to act as a SWIFT Service Bureau for its 350-plus correspondent banking network, thus providing another important service for delivering local currency, cross-border payments…
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The popular and secure online prepaid payment method is now available for online shopping in 47 countries paysafecard, a provider of online prepaid payment methods and part of Paysafe Group, continues its international expansion with a launch in Montenegro. paysafecard is a long-standing method of prepaid payment and today’s launch means that it is now…
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New partnership sparks launch of UP Payments to provide integrated payment solutions to North American customers Payments services company Paysafe Group Plc (LON:PAYS) and Upper Hand, Inc., a provider in cloud-based sports and fitness management software and business services, have just announced that they have entered into a strategic partnership that sees Upper Hand leverage…
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