Category: Payments

Thomson Reuters (NYSE:TRI)
February 27, 2018 BY Valentina Kirilova

Thomson Reuters launches myPay Solutions integration with SwipeClock

Information giant Thomson Reuters (NYSE:TRI) announced that it has expanded its strategic alliance with SwipeClock to enable customers of its myPay Solutions service to access automated workforce management services, including the tools needed for complete time and attendance tracking. Thomson Reuters myPay Solutions enhances the competitiveness of full-service accounting firms and reduces their payroll processing…

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ATFX teams up with major payment providers for LATAM and the Middle East
February 22, 2018 BY Valentina Kirilova

OKMerchant Payment Solutions reduces credit card transaction charges for merchants

Established over a decade ago, OKMerchant Payment Solutions is a Brooklyn, New York-based credit card processing platform which is an independent office of Card Connect a First Data Corporation that helps businesses of all sizes reduce and/or eliminate maintenance and transaction charges when they accept credit or debit card payments from their customers. My goal…

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February 21, 2018 BY Valentina Kirilova

Samsung Pay now available for Commonwealth Bank customers

Commonwealth Bank just announced that its customers will now have access to Samsung’s contactless payments platform, Samsung Pay. CBA’s MasterCard card holders can now load their credit and debit card details and make secure payments via compatible Samsung Galaxy, wearables and other compatible devices. Michael Baumann, General Manager Everyday Banking & Payments, Commonwealth Bank said…

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February 14, 2018 BY Valentina Kirilova

ABSA goes live with Finastra PayPlus for CLS

Direct membership of CLS Settlement brings increased efficiency and liquidity as well as reduced settlement risk across the bank’s FX operations Finastra today announced that Absa Bank Limited is using its PAYplus for CLS platform to support the bank’s direct participation in CLS settlement, which provides continuous linked settlement services for the global foreign exchange…

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February 13, 2018 BY Valentina Kirilova

Paysafe to offer cross border settlement via Saxo Payments Banking Circle

Payment systems provider Paysafe Group Limited just announced that it has joined Saxo Payments Banking Circle for fast, cost-effective local and cross border settlement. Through membership of Banking Circle, Paysafe has the added ability to offer its clients settlement accounts from Saxo Payments for their card scheme flow. Paysafe provides end-to-end payment solutions for both…

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ATFX teams up with major payment providers for LATAM and the Middle East
February 13, 2018 BY Valentina Kirilova

MAS releases Guidelines to protect users of electronic payments

The Monetary Authority of Singapore (MAS) informed that it has today launched a public consultation on proposed guidelines to protect users of electronic payments (e-payments). The proposed E-payments User Protection Guidelines aim to encourage wider adoption of e-payments by setting standards on the responsibilities of financial institutions and e-payment users. Under the new Guidelines, individuals…

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BNP Paribas selects Earthport for cross-border payments
February 12, 2018 BY Valentina Kirilova

SET's FinNet launches payment system service for capital market

The Stock Exchange of Thailand’s (SET) subsidiary FinNet Innovation Network Co., Ltd., just announced that it rolls out the payment system infrastructure in order to enhance efficiency of the capital market’s payment process, in line with the government’s National e-Payment Roadmap. This development underlines SET’s vision “To Make the Capital Market ‘Work’ for everyone.” SET…

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Cashless payment solutions provider Nayax establishes Europe operations in Lithuania
February 12, 2018 BY LeapRate Staff

SafeCharge ups investment in cashless payment solutions provider Nayax to $24.5 million

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has invested further in Nayax Ltd., a leading global cashless payment solutions provider for the unattended machine industry. SafeCharge made its initial investment in Nayax in December 2016 and today's follow-on investment takes the total investment by SafeCharge to approximately USD $24.5 million, in…

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February 05, 2018 BY Valentina Kirilova

Electroneum - first cryptocurrency to join GSMA

British blockchain startup Electroneum, has just announced it has become the first cryptocurrency to join the GSMA in a move that will accelerate its integration into the world of mobile payments. Electroneum has been making waves beyond the crypto niche, signing MOUs with several global telecommunications and payments companies. In addition, the cryptocurrency has been…

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