Mizuho and Marubeni unite for Asean fintech partnership LeapRate

March 27, 2017 BY Valentina Kirilova

Mizuho and Marubeni unite for Asean fintech partnership

Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Marubeni Corporation announced that have agreed to start exploring for opportunities to provide new financial services utilizing FinTech in the ASEAN region. As various new FinTech based financial services are recently being offered, the companies will explore opportunities to provide community-based financial businesses in the ASEAN region…

March 21, 2017 BY LeapRate Staff

SafeCharge Revenues and EBITDA decline in second half of 2016

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) announced its full year 2016 results. And, despite using phrases such as 'strong financial performance' and 'strong trading and operational momentum', the numbers indicate that SafeCharge saw a slight decline in both revenues and profitability in the second half of the year. Nevertheless, SafeCharge's 2017…

March 16, 2017 BY Valentina Kirilova

ThinkMarkets implements PayPal for global payments coverage

ThinkMarkets, a global multi asset brokerage, has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network. With the addition of PayPal as a funding method, ThinkMarkets’ users will be able to deposit funds into their trading accounts on…

March 15, 2017 BY Valentina Kirilova

Google brings P2P payments to Gmail Android app

Google is wading back into the crowded P2P payments arena, adding a feature to its Gmail Android app that makes sending friends funds as easy as attaching a file to an email. Google first began letting US users send and receive money through Gmail on desktop back in 2013 but is only now bringing the…

March 13, 2017 BY Valentina Kirilova

DBS Bank and Xero partner on SME accounting

DBS Bank and Xero, a global cloud accounting platform, announced a strategic partnership to transform the way SMEs in Singapore manage their financials and access capital. The partnership is centered on several aspects including aligning both parties’ technology platforms to ultimately enable SMEs to make payments and apply for loans seamlessly, transforming how SMEs manage…

March 08, 2017 BY Valentina Kirilova

Fiserv integrates credit score monitoring into digital banking

Fiserv, Inc. (NASDAQ: FISV), the global provider of financial services technology solutions, has launched Credit Sense, a solution that enables financial institutions to meet consumer expectations for personalized credit information by integrating credit scores into the digital banking experience. Credit Sense provides a credit score, daily credit monitoring, insight into factors influencing credit score and…

March 08, 2017 BY Valentina Kirilova

WeChat scam nets $70,000 from FX and online gaming mobile users

There have been multiple reports of victims being cheated of their money by scammers operating on Chinese social media app WeChat, the Singapore Police Force (SPF) stated yesterday. More than $70,000 was lost by the victims in these cases. The scammers had promised to sell various items such as online gaming credits or foreign currency…

March 08, 2017 BY Valentina Kirilova

Safecharge selected by online travel agency AnywayAnyday for payment services

Payment technologies company SafeCharge (LON:SCH) today announced that it has been selected by online travel agent (OTA) Anywayanyday to provide payment services. Anywayanyday shared that was looking to improve transparency and control around its payments, to better combat fraud and improve business efficiency. As part of the collaboration SafeCharge will be providing card acquiring, enhanced…

March 07, 2017 BY LeapRate Staff

Paysafe reports whopping 63% growth in 2016 as Revenues top $1 billion

Payments services company Paysafe Group Plc (LON:PAYS) has released its 2016 financial results, showing phenomenal top line growth of 63%, as the company joins the $1 billion annual Revenues club. Paysafe operates the Skrill and NETELLER online payments brands. Paysafe shares were hit hard in December, when a report issued by short selling firm Spotlight…

March 03, 2017 BY LeapRate Staff

ASX CIO Tim Thurman returns home to Canada as Chief Digital Officer at payments provider Paysafe

Payments services company Paysafe Group Plc (LON:PAYS) has announced that it has appointed digital technology innovator Tim Thurman as its Chief Digital Officer, reporting to Paysafe President and CEO Joel Leonoff. Thurman, who will join the company on March 27, will be responsible for driving the development and deployment of Paysafe’s digital technology capabilities across its…

Category: Payments