Bancomat S.p.A. and SIA for The Digital Transformation of Payments in Italy
- 2 years 10 months ago
- Payments, Money Transfers, IT Innovations
Memorandum of Understanding signed between the two companies for the development of cutting-edge technology solutions to benefit the entire national digital payments system The creation of a NewCo to manage the processing of payment transactions is also planned
Worldline Partners with Cendyn to Enhance Online Payment Capabilities in the Hospitality Industry
- 2 years 10 months ago
- Payments, Money Transfers
Worldline, the European market leader in payment and transactional services, today announced its collaboration with Cendyn, a leading innovator in CRM, sales, and revenue strategy in the hospitality industry. Thanks to this partnership, hotels can now include secure e-payment solutions in any automated guest communication based on the seamless integration of Cendyn’s CRM, the hotel’s own PMS (property management system) data and Worldline’s e-... more
Consumer Spending Falls by 16% Since the Latest Lifting of Restrictions, According to Yolt’s User Data
- 2 years 10 months ago
- Payments, e-Payments, Money Transfers
User data from Yolt,* the award-winning smart money app, reveals consumers have spent on average 16% less since lockdown restrictions lifted on the 12th of April, as economic uncertainty continues, and people remain cautious about their spending as they come out of lockdown. However, people spent 9% more on eating out in the last two weeks of May, following the easing of restrictions on the 17th, when compared to the same period in March.
Worldline Steps up its Community Engagement Afforts by Encouraging Users to Make Donations Via its Payment Solutions
- 2 years 10 months ago
- Payments, Money Transfers
Worldline the European market leader in payment and transactional services, is committed to an ambitious Corporate Social Responsibility (CSR) strategy, aiming to achieve growth in a more sustainable way. As part of those efforts, Worldline encourages people to show generosity to the least fortunate in our society via its payment solutions.
Worldline Demonstrates its long-term Commitment to CSR with the Launch of TRUST 2025, its new Transformation Programme
- 2 years 10 months ago
- Payments, Money Transfers
Worldline, European market leader and number four worldwide in payment and transactional services, is unveiling TRUST 2025, its new five-year CSR roadmap, building on the success of TRUST 2020, its previous programme. Corporate Social Responsibility (CSR), a key driver of transformation and a catalyst for sustainable change, lies at the heart of the Group’s strategy. A commitment to excellence in CSR reaffirmed via its TRUST 2025 programme
Global Technology Partners and MFS Africa Agree to Extend Financial Penetration Across Africa
- 2 years 10 months ago
- Payments, Money Transfers
Global Technology Partners (GTP) and MFS Africa have entered into an agreement to deepen financial penetration across the African continent. MFS Africa will leverage on GTP’s prepaid platform and Pan African network of BIN sponsors to launch virtual and physical prepaid / companion cards to over 100 million mobile wallet owners.
Quote on NPCI Data on Fall in Digital Payment Transactions
- 2 years 11 months ago
- e-Payments, Money Transfers
Digital payment transactions fall sharply between April and May after sustaining a rising trend till March, hit by the second wave of COVID-19 pandemic, according to the National Payments Corporation of India (NPCI) data.
Wise Brings Pioneering International Money Transfer Service to India
- 2 years 11 months ago
- Money Transfers
Wise, a global technology company building the best way to move and manage money internationally, announced the launch of its low-cost and fast international money transfers from India today. With this launch, Indians will be able to send money from the country to 44 countries globally, including the UK, US, Singapore, Malaysia, UAE, and countries in the Eurozone. The service is available across Android, iOS, and the web. At launch, Wise’s... more
Commerzbank and Partners Execute Live Transactions on the ‘Marco Polo’ Trade Finance Network
- 2 years 11 months ago
- Payments, Money Transfers, Banking
● Commerzbank successfully executed two live transactions to secure payments for commercial transactions based on blockchain technology ● Key milestone for the market launch of Marco Polo Payment Commitment
Zopa Rolls out Test and Learn Approach to Ensure Sustainable Working Future
- 2 years 11 months ago
- Payments, Money Transfers, Banking
Neobank Zopa has outlined its approach to defining the future of work. With some organisations declaring an end to office-based working and others retrenching to the ‘known’ model by asking staff to return, Zopa is applying a test and learn approach for the rest of 2021. The neobank which has around 450 staff, has announced its trial to staff in order to work collaboratively with them to define ways of working in the post-Covid future.
Worldline to Partner with Luminor to Operate and Upgrade its ATM Network
- 2 years 11 months ago
- Payments, Money Transfers
Luminor Bank, the third largest financial services provider in the Baltics and Worldline (Euronext: WLN), European leader in the payments and transactional services industry and #4 player worldwide have signed a five-year agreement under which Worldline will unify and upgrade Luminor’s current ATM network. Partnering with Worldline will allow Luminor to offer a more customer-friendly and newer ATM network for its customers.
Paysend Secures $125m in Series B Funding to Accelerate Expansion of its Global Payments Platform
- 2 years 11 months ago
- Payments, Money Transfers
Paysend, the card-to-card pioneer and international payments platform, has closed a Series B funding round of $125m, led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing long-term investors including Silicon Valley based Plug and Play. The funding will help Paysend expand its international footprint and speed up product innovation, enabling it to further accelerate its impressive growth... more
#MAKEMONEYEQUAL Campaign Urges Change to The Way Women are Pictured with money
- 2 years 11 months ago
- Money Transfers, Credit Cards
There are stark inequalities in how women and men are represented with money in visual media, according to a new report from Brunel University and Starling Bank. In a study of 600 of the most popular photographs of women/men and finance1 across three leading image libraries, women are frequently depicted as childlike compared to men, while many types of women are not shown at all. A Google image search found each of these images appears on up... more
Fintech Spoko.app and Sumsub Provide Money Transfers with Liveness Technology
- 2 years 11 months ago
- Digital Identity, Money Transfers
Instant money transfers company, fintech Spoko.app, announced their partnership with Sumsub, an ID verification company with bank-grade security. Through this partnership, Spoko.app will fortify fraud protection and reduce user verification time down to one minute - all in efforts to support the 1,7 billion adults worldwide with no access to bank accounts.
QR Code Payments to Hit $2.7T Value by 2025, China to Generate 85% of All Transactions
- 2 years 12 months ago
- Payments, Money Transfers
Over the years, QR code payments have witnessed impressive but fragmented global growth, with significant transaction value differences between the regions. Their ability to combine payments and loyalty makes them ideal for retailers seeking to leverage valuable transactional data, while their low-cost nature is expected to drive growth in the years to come.
