Glance Technologies announces increased investment into cryptocurrency space LeapRate

October 24, 2017 BY Valentina Kirilova

Glance Technologies announces increased investment into cryptocurrency space

Glance Technologies Inc. (CNSX:GET) announced that it is researching the creation of a rewards based cryptocurrency for use within its mobile payment platform. We believe that there is an opportunity in the payment space for a cryptocurrency that can facilitate rewards and promotions," said Glance, CEO, Desmond Griffin, "The new cryptocurrency frameworks are highly flexible…

October 19, 2017 BY Valentina Kirilova

Saxo Payments helps financial tech businesses address PSD2 regulation for online marketplaces

Changes brought about under the latest Payment Services Directive, PSD2, mean that Marketplaces will no longer be exempt. For Marketplaces to remain exempt under PSD2, they should act only on behalf of the payer or the payee or not at any time enter into possession or control of client funds. Saxo Payments announced that it…

October 19, 2017 BY Valentina Kirilova

55% of consumers think fraud is inevitable when shopping online, want business to heighten security measures

Payments services company Paysafe Group Plc (LON:PAYS) report reveals merchant focus on convenience at the expense of security is a false economy More than half (55%) of consumers think fraud is an inevitable part of shopping online, according to new research conducted by Paysafe. In a wake-up call for online business, the Lost in Transaction…

BoC: Bank of Canada January Rate Meeting: What to Expect?

October 18, 2017 BY Valentina Kirilova

TMX Group announces integrated securities and payment platform as next phase of Project Jasper

Payments Canada, the Bank of Canada and TMX Group (TSX:X) today announced a new collaboration to experiment with an integrated securities and payment settlement platform based on distributed ledger technology (DLT) as part of the third phase of the Project Jasper research initiative. Building on previous Jasper work, this phase of the project will develop…

October 16, 2017 BY Valentina Kirilova

Goldmoney Inc. selects SafeCharge to expand its online and mobile deposit options

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) announced it has been selected by Goldmoney Inc. (TSE:XAU), a precious metal financial service and technology company traded on the Toronto Stock Exchange, to further expand its online and mobile deposit options. By integrating Goldmoney’s new platform to SafeCharge’s Payments Engine, Goldmoney will provide its…

October 13, 2017 BY LeapRate Staff

GMO's Z.com Trade adds deposits via China UnionPay Mobile Banking

GMO-Z.com Trade UK Limited, the FCA regulated brokerage arm of Japanese retail forex giant GMO Click Holdings Inc (TYO:7177) has announced that it will now be accepting deposits through China UnionPay Mobile Banking Payment. The following details pertain to Debit Cards issued by the following Chinese banks: Bank Per Transaction Limit (RMB) Daily Limit (RMB) China Merchants…

October 10, 2017 BY Valentina Kirilova

NEX Group launches PIVOT, a new cash and collateral movement workflow tool

NEX Group plc (LON:NXG), a financial technology company at the centre of the global markets, announced today that it has launched PIVOT, a new cash and collateral movement workflow tool which enables clients to make cash movements and money market sweeps. Through the partnership between NEX Optimisation and NEX Markets, PIVOT connects the ENSO Core…

October 09, 2017 BY Valentina Kirilova

INTL FCStone's GPD offers real-time access to indicative rates in more than 175 currencies

INTL FCStone Inc. (NASDAQ: INTL) has just announced that its London-based subsidiary, INTL FCStone Ltd’s Global Payments Division (the Company) offers indicative exchange rates, viewable in real-time for more than 175 currencies through its proprietary Global Payments Network, which is specifically enhanced for corporate clients. Through its Rate Feed, INTL FCStone is the only company…

October 06, 2017 BY Valentina Kirilova

Global merchants welcome new-generation Chinese tourists with UnionPay card services

6 million Chinese tourists are expected to visit foreign countries during the Golden Week from October 1. According to the latest analysis of China Tourism Academy, compared with previous years, the new-generation Chinese tourists of outbound tourism, instead of spending much time in shopping, they prefer activities such as self-driving, performance, special food and entertainment…

October 05, 2017 BY Valentina Kirilova

Singapore consortium to harness blockchain technology for more efficient inter-bank payments

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that the consortium which they are leading has successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms. The project, conducted together with 11 financial institutions and five technology companies, is…

Category: Payments