Wei Qiang Zang, ATFX (UK) Managing Director commented that: The partnership with Trustly shows that we want to make our platform and trading experience as simple and easy as possible. The addition is another route for clients to deposit directly into their trading account from their bank. We believe this will make a real impact…
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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…
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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…
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Payments platform Paysafe has announced yesterday that it has expanded its omni-channel payments offering through the launch of the Cloud SDK from integrated payments firm Handpoint. The Cloud SDK will allow independent software vendors (ISVs) with cloud-based platforms to provide businesses with enhanced in-person payments. According to Paysafe's Q3 2019 report, US, Canadian, and UK…
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LHV, the fintech focused bank and payment services provider, has just announced that it has commenced providing real-time pound payments via the UK’s Faster Payments scheme. The bank is now providing real time euro payments via Single Euro Payment Area Instant (SEPA Instant) and processing pound (Faster Payments) payments. The pound payments service has been…
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The European market has witnessed a great deal of growth and change over the past decade in the area of merchant services and mobile payment apps. A new report from AEVI, a German-based company that enables better cooperation among banks, acquirers, and merchants, states that the industry has matured to the extent that 2020 may…
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Veterans of the payment industry can remember the advent of point-of-sale electronic terminals back in the early eighties, and one of the early pioneers in this effort to automate merchant acceptance of payment cards was Ingenico. The Ingenico Group, headquartered in Paris, France, has grown and prospered with the industry over the past four decades.…
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MoneyGram International, Inc. (NASDAQ:MGI) will team up with Visa Inc. (NYSE:V) to enhance its person-to-person (P2P) debit card deposit service internationally. The pilot program will initially focus on payments to Spain and to the Philippines. Plans are to expand to other jurisdictions soon thereafter. MoneyGram, like its direct competitor Western Union, has always tried to…
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For veterans of the payment industry, it is beginning to be “Déjà vu” all over again. In the early days of Visa and Mastercard, back in the seventies, there were ongoing payment wars between the two U.S.-based card associations and banks in Europe, which preferred their home-grown services, dubbed EuroCheque and Europay at the time,…
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NIUM, a digital payments platform formerly branded as InstaReM and based in Singapore, has announced that it will be supporting Frente Corretora de Câmbio, a foreign exchange broker in Brazil, in its plans to expand its cross-border payments business. The significance of the announcement is that NIUM is also a member of RippleNet, and its…
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