ISignthis criticizes ASX for requesting sensitive information as its contract with Visa ends LeapRate

May 25, 2020 BY Steffy Bogdanova

ISignthis criticizes ASX for requesting sensitive information as its contract with Visa ends

iSignthis added in its letter criticism of ASX and its quiry seeking sensitive details about its partnership with Visa. iSignthis stated: The company has advised ASX that it is inappropriate for it to be requesting and releasing information regarding current negotiations and submissions, as it may compromise our ability to reach outcomes of best effect…

May 20, 2020 BY Steffy Bogdanova

First Data to pay $40 million fine on charges for consumer scam

Daniel Kaufman, deputy director of the FTC’s Bureau of Consumer Protection commented: First Data is paying $40 million because it repeatedly looked the other way while its payment processing services were being used to commit fraud. When companies fail to screen out fraudsters exploiting the payment processing system to steal people’s money, they’re breaking the…

May 12, 2020 BY Steffy Bogdanova

Revolut strengthens its position in Singapore with new leadership team

Shanahan commented: Revolut has grown rapidly in Singapore and we continue to enjoy very positive momentum despite the short term social and economic restrictions. The Challenger bank has also assigned the roles of Chief Risk Officer and Head of legal in Singapore to the company’s Chief Compliance Officer since September 2019, Rayson Tan. He has…

May 05, 2020 BY Steffy Bogdanova

Mark Barnett named as President of Mastercard Europe

Gilberto Caldart, President for International, Mastercard said: Mark brings with him a wealth of knowledge and experience, he has a proven track record in building new and meaningful partnerships, while creating a culture which fosters new thinking and new ways to deliver. Mark has maintained a laser focus on growing our business and driving and…

May 04, 2020 BY Steffy Bogdanova

Smart Payment Association proposes instant payment card solution in Europe

SPA’s proposals would make real time transfers available to consumers in-store using an Instant Payment Card or smartphone app – in the same way as using the contact or contactless functionality on conventional chip and PIN debit or credit cards today. The proposals by SPA offer an approach, compliant with existing EMV standards and that…

April 30, 2020 BY Steffy Bogdanova

SafeCharge expands in France and launches Cartes Bancaires offering

Retail eCommerce sales in France maintain rise into the double digits, and are expected to reach close to 80 billion euros by 20231, with fashion and apparel being a leading market segment. The French gaming industry has also registered significant growth, led primarily by sports betting, as total revenue in Q3 2019 rose 27.7% year-on-year…

Binance seeks to curb SEC’s hunt for “fraud”

April 23, 2020 BY Steffy Bogdanova

Binance launches payment app for cash and crypto in Nigeria

Bundle also supports a range of deposit methods such as credit cards, bank transfers and mobile money, a widely used cash storing method in Africa. Founder, Yele Bademosi said: We built Bundle with the digitally native African user in mind. They are social, online, and connected across geographical boundaries. They prefer their financial services delivered…

April 15, 2020 BY Steffy Bogdanova

Mobile point of sale infographic shows future benefits and market growth

With the help of on-spot, flexible and instant checkout options, mPOS proves to be an advantage for offering on-the-go cashless transactions for individual business-owners, such as grocery store runners, solo vendors and other mobile businesses such as food trucks, sports venues, flea markets, repair services and so on. For small business owners, the technology is…

cards are just not the most convenient way of paying today

April 06, 2020 BY Valentina Kirilova

Trustly's Philip Ternhem on how to inject the speed and automation into your trading platform

LR: Do you offer any online trading payment solutions? Philip: Indeed, many of the largest trading platforms today are already offering their traders the option to instantly deposit and withdraw funds using Trustly and if you read the report, you’ll see why. LR: How long does it take to register, is the solution user friendly? Philip: There…

March 27, 2020 BY Valentina Kirilova

INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets

LR: Hi Carsten, can you let us know more about INTL FCStone’s Global Payments Network and why it is important to those in the FX sector? Carsten: The Global Payments Network (GPN) is a comprehensive intelligence portal that leverages INTL FCStone’s Global Payments Division’s relationships with global correspondent banks, regulators and other market participants around…

Category: Payments

ISignthis criticizes ASX for requesting sensitive information as its contract with Visa ends

First Data to pay $40 million fine on charges for consumer scam

Revolut strengthens its position in Singapore with new leadership team

Mark Barnett named as President of Mastercard Europe

Smart Payment Association proposes instant payment card solution in Europe

SafeCharge expands in France and launches Cartes Bancaires offering

Binance launches payment app for cash and crypto in Nigeria

Mobile point of sale infographic shows future benefits and market growth

Trustly's Philip Ternhem on how to inject the speed and automation into your trading platform

INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets

Equiti Gains In-Principle Approval to Launch Investment Fund

Euro Route to Romanian Bond Market Opened by Clearstream

CFPB Sues Capital One: Says Company Cheated Consumers Out of Over $2bn in Interest Payments

Thunes and Hyperwallet Expand Payout Access Across Asia-Pacific

Worldline Extends KBC Partnership in New 6-Year Agreement