Category: Payments

LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
November 16, 2018 BY Valentina Kirilova

Bank of Canada, BoE and MAS share assessment on emerging opportunities for digital transformation in cross-border payments

The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. The report,…

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Berkshire Bank offers real-time payments with Finastra
November 15, 2018 BY Valentina Kirilova

BCS Global Markets to develop advanced global payments

The London-based business of BCS Global Markets (BCS GM) has informed the pubic that it has obtained a transaction banking license to provide clients with an integrated investment banking and payment services solution. The platform will combine various new technologies with an innovative payment interface and enhanced fraud protection and will be led by Dr…

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Berkshire Bank offers real-time payments with Finastra
November 06, 2018 BY Valentina Kirilova

Insurance pioneer Setoo integrates SafeCharge for multi-directional payment processing

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has just announced its integration with insurance and protection-as-a-service company Setoo. Setoo has integrated SafeCharge’s technology to facilitate multi-directional payment processing through its platform, enabling the seamless transfers of funds and avoiding the need for any complicated insurance claim processes. Some of the more traditional…

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Rapid Transfer launches for Skill and NETELLER customers in the Netherlands and Belgium
November 01, 2018 BY Valentina Kirilova

Rapid Transfer launches for Skrill and NETELLER customers in the Netherlands and Belgium

The global payments provider Paysafe has just announced the expansion of its payment by online bank transfer solution, Rapid Transfer, into new markets including the Netherlands and Belgium. The latest country additions bring its total availability to 15 countries. The Netherlands provides a retail environment which is particularly suited to payment by bank transfer, which…

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Japan
October 30, 2018 BY Valentina Kirilova

NETELLER digital wallet now live in Japan

NETELLER, a digital wallet provider and part of Paysafe Group Plc (LON:PAYS), has just announced that it is now live in Japan. Having been issued a license from the Kanto Local Finance Bureau (KLFB), the popular wallet service is available for merchants and consumers across the country. The Japanese roll-out of the NETELLER digital wallet…

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london heathrow shopping wechat pay
October 25, 2018 BY LeapRate Staff

SafeCharge enables WeChat Pay for World Duty Free at Heathrow airport

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has partnered with World Duty Free at London Heathrow Airport, enabling Chinese travelers to conveniently pay for their goods using WeChat Pay, a widely adopted e-wallet payment solution in China. World Duty Free now relies on SafeCharge’s new mobile POS application, a solution for…

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FCA clarifies fairer treatment of regular premium PPI complaints
October 24, 2018 BY Valentina Kirilova

FCA publishes PPI complaints deadline progress report

The Financial Conduct Authority (FCA) has today published an update on the progress of its payment protection insurance (PPI) consumer communications campaign and supporting supervisory work. The campaign has succeeded in increasing consumers’ understanding of PPI and how to check if they have had it, as well as awareness of the deadline for making complaints.…

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SET launches interbank payment system for securities transactions
October 24, 2018 BY Valentina Kirilova

Security ranks as number one eCommerce priority for SMBs

Security overtakes reliability and cost in payments decision-making process thanks to rise in emerging payment methods More than half (52%) of online small to medium sized businesses (SMBs) worry that the move to frictionless payments, such as transactions that take place behind the scenes in apps, is leaving them more open to fraud and will…

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