SIX Payment Services takes over the acquiring and terminal business of Aduno Group LeapRate

August 10, 2017 BY Valentina Kirilova

SIX Payment Services takes over the acquiring and terminal business of Aduno Group

SIX Payment Services Ltd announced that is purchasing from Aduno Group the business unit Aduno SA, responsible for acquiring and terminal business (card acceptance and processing). By so doing, SIX is underscoring its aim of driving forward its growth and consolidating its position over the long term as a provider of card-based payment services in…

August 09, 2017 BY Valentina Kirilova

Oracle releases Oracle Banking Payments solution

New solution built on ISO standards enables end-to-end payments innovation for banks Oracle today announced the worldwide release of its Oracle Banking Payments solution. The offering was built from the ground up leveraging ISO 20022 and is designed to help banks compartmentalize payments messaging, message transformation and payment processing while providing high fidelity insight. Using…

August 05, 2017 BY LeapRate Staff

Skrill and NETELLER go private: Paysafe agrees to $3.9 billion buyout offer from Blackstone and CVC

Continuing the rapid consolidation and M&A activity sweeping the online payments business, the board of Paysafe Group Plc (LON:PAYS) has decided to recommend a £2.96 billion (USD $3.9 billion) buyout of the company by private equity fund groups Blackstone Group LP (NYSE:BX) and CVC Capital Partners. The Paysafe Board was initially approached by the consortium in early…

August 02, 2017 BY Valentina Kirilova

RBC first bank in Canada to enable bill payments using Siri

New capabilities also include the launch of seamless P2P transfers within iMessage The Royal Bank of Canada (RBC) just announced that its personal banking clients are now the first in Canada who can ask Siri to pay their bills on iPhone and iPad using RBC Mobile app. RBC has also launched seamless Interac e-Transfer® payments within…

August 01, 2017 BY Valentina Kirilova

Klarna launches Wavy peer-to-peer payment service

Klarna Bank AB just announced the release of its new free of charge peer-to-peer (P2P) payment service ‘Wavy’, which enables people to send and request money in a secure, fast and easy way. Wavy enables consumers across 31 European markets to smoothly transfer money (Euros) and split bills amongst friends, colleagues and family members. Consumers…

July 31, 2017 BY admin

NordFX informs Thailand's MyPay stops its payment activities

Global forex brokerage NordFX has informed today that the Thailand based MyPay Payment System has officially announced that, starting from August 2, 2017, it will stop processing payments including the option to Deposit into MyPay Pocket. The management of MyPay told NordFX the reason for this is the unprofitability of working in Thailand due to…

July 31, 2017 BY Valentina Kirilova

paysafecard launches cash based online payment solution to the UAE

paysafecard, an online prepaid payment methods company and part of Paysafe Group plc (LON:PAYS), announced that enters the United Arab Emirates, offering a secure and fast prepaid payment solution that will not require bank or credit card details. The UAE continues to embrace technology innovation in line with its government's 'Smart Dubai' initiative to transform…

July 21, 2017 BY Valentina Kirilova

Skrill and NETELLER parent Paysafe gets $3.7 billion buyout offer from CVC and Blackstone

The Board of payments services company Paysafe Group Plc (LON:PAYS) confirmed today that it has received a preliminary, conditional proposal from funds managed by Blackstone (NYSE:BX) and funds managed by CVC Capital Partners (such funds together, the Consortium) regarding a possible all cash offer for the entire issued and to be issued share capital of…

July 20, 2017 BY LeapRate Staff

Exclusive: Payoneer hiring 140 tech and sales personnel to deal with growth

LeapRate Exclusive... LeapRate has learned from sources in Israel that digital cross-border payments provider Payoneer is on an official hiring spree, looking to add 140 employees in its home base of Israel, plus personnel in other locations abroad including New York and Tokyo. According to sources, Payoneer is looking to add mainly experienced sales personnel and…

July 18, 2017 BY admin

Cloud-based payments provider Form3 raises $5m led by Barclays

This latest funding will be used to continue building on Form3’s momentum in the UK and expand services across Europe and North America. Form3, the cloud-based, end-to-end, secure platform for global payments processing, today announced it has secured a strategic investment from Barclays PLC (LON: BARC) the Angel Co-Fund and several individual investors who have…

Category: Payments