Category: Payments

Teddy Sagi Playtech
September 27, 2018 BY LeapRate Staff

Teddy Sagi increases SafeCharge stake, buying shares from CEO David Avgi

Globe Invest, the family office of online entrepreneur Teddy Sagi, has announced that Northenstar Investments Ltd has increased its shareholding in online payments solutions company SafeCharge International Group Ltd (LON:SCH) by acquiring an additional 3,995,185 shares in the AIM listed entity. Northenstar’s shareholding in SafeCharge has risen to 68.34% following the new transaction. Northenstar is…

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In The Style and Klarna launch Pay later
September 24, 2018 BY Valentina Kirilova

In The Style and Klarna launch Pay later service

Payments provider Klarna has just announced a partnership with Manchester-based fashion brand, In The Style. In The Style customers will now benefit from Klarna’s Pay later service, which allows shoppers to order their favourite clothes online, then have the flexibility to pay for them up to 30 days later — with no interest or fees.…

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ANZ launches smartphone ATM access in Australia
September 18, 2018 BY Valentina Kirilova

ANZ launches smartphone ATM access in Australia

The Australia and New Zealand Banking Group Limited (ANZ) has announced a new way for customers to access cash on the go, using only their smartphone or watch at 2,400 ATMs across Australia. ANZ customers will be able to withdraw cash from ANZ ATMs using their preferred mobile payments device instead of plastic cards across…

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acquisition
September 14, 2018 BY Valentina Kirilova

Payments provider Klarna acquires Close Brothers Retail Finance

The payment provider Klarna Bank AB (Klarna) has just announced that it is acquiring Close Brothers Retail Finance (CBRF) from UK merchant banking group Close Brothers Group plc (Close Brothers). Michael Rouse, Chief Commercial Officer of Klarna: We are delighted to welcome CBRF to Klarna, the complementary talents and propositions will help accelerate Klarna’s leadership…

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Paysafe
September 11, 2018 BY Valentina Kirilova

Paysafe launches ‘Accelerated Funding’ to enable fast settlements for SMBs in the US

The global payments provider Paysafe has announced the launch of Paysafe Accelerated Funding, a comprehensive suite of fast and flexible same or next day settlement options for small and medium-sized businesses (SMBs) based in the U.S. This new funding settlement product offering leverages the company’s collaboration with Company.com and Ingo Money, announced back in June, to…

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Berkshire Bank offers real-time payments with Finastra
September 06, 2018 BY LeapRate Staff

INTL FCStone buys SWIFT Service Bureau from PayCommerce

Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL) has announced that to expand the capabilities of its Global Payments Division, it has acquired the fully accredited SWIFT Service Bureau from PayCommerce. This acquisition will now enable INTL FCStone to act as a SWIFT Service Bureau for its 350-plus correspondent banking network, thus providing another important service for delivering local currency, cross-border payments…

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Paysafe launches paysafecard in Montenegro
September 04, 2018 BY Valentina Kirilova

Paysafe launches paysafecard in Montenegro

The popular and secure online prepaid payment method is now available for online shopping in 47 countries paysafecard, a provider of online prepaid payment methods and part of Paysafe Group, continues its international expansion with a launch in Montenegro. paysafecard is a long-standing method of prepaid payment and today’s launch means that it is now…

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