Category: Payments

ANZ launches smartphone ATM access in Australia
July 18, 2017 BY Valentina Kirilova

ANZ partners with Samsung Pay to give more choice in mobile payments

The Australia and New Zealand Banking Group Limited (ANZ) today announced its customers in Australia can now use Samsung Pay to easily make secure purchases wherever contactless payments are accepted. The introduction of Samsung Pay marks the fourth mobile payment service ANZ offers its Australian customers and further enhances the bank’s leadership position in using…

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July 11, 2017 BY Valentina Kirilova

Alipay signs new global partnership with Stripe

Stripe just announced a new global partnership with Alipay, operated by Ant Financial, unlocking the Chinese consumer market for Stripe-powered businesses around the world. Starting today, businesses on Stripe can begin accepting Alipay on their websites in just a few clicks. For the first time, eligible businesses can activate Alipay right from their Stripe dashboards,…

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July 11, 2017 BY LeapRate Staff

SafeCharge spends £4 million in one-time share buyback

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it recently completed a £4.05 million (USD $5.2 million) share buyback. On July 10, it purchased for treasury 1,500,000 ordinary shares at a price of 270 pence per share. SafeCharge has not announced a formal share buyback program, so it remains to…

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July 10, 2017 BY Valentina Kirilova

China payment wars heat up as WeChat Pay launches in Europe

Chinese internet giant Tencent launched its WeChat Pay payments service in Europe on Monday, challenging rival Alipay, which is owned by rival Alibaba's affiliate Ant Financial. Tencent has partnered with German payments firm Wirecard to allow European retailers to accept WeChat pay as a payment option. As CNBC reports, the move is specifically aimed at…

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June 28, 2017 BY Valentina Kirilova

Visa commits to strategic investment in Klarna

Visa (NYSE:V) and Klarna just announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is an online payments companies, serving 60 million consumers and 70,000 retailers. The equity investment and planned partnership demonstrate Visa and Klarna’s shared vision to accelerate online and mobile…

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mobile payments solactive
June 27, 2017 BY Valentina Kirilova

Earthport chooses Accuity for tailored payments

Accuity is back in the news today as Earthport, the payment provider transforming the future of cross-border payments, has chosen the regtech provider of financial crime compliance, payments and know-your-customer (KYC) solutions, to power its payments platform, giving its clients a faster and more secure international payment service. Accuity has built a tailored solution for…

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June 26, 2017 BY admin

Currencycloud partners with Hyundai Card for international payments in South Korea

Global cross-border payments platform Currencycloud and South Korea’s Hyundai Card announced today an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. The service, established by the UK-headquartered FinTech company and Hyundai Motor Group’s credit issuing arm in conjunction with Korea’s long-standing Shinhan Bank, allows users to…

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June 26, 2017 BY Valentina Kirilova

INTL FCStone adds ACH connectivity for high-volume low-value cross border payments

INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd’s Global Payments Division (GPD) has introduced Automated Clearing House (ACH) connectivity, significantly enhancing the Company’s solutions for high-volume, low-value cross-border payments. Low-value payments are the single largest driver of growth in GPD’s payments volumes, which are currently ~60% higher than at…

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mobile payments solactive
June 26, 2017 BY Valentina Kirilova

TransferMoney Latvia selects Accuity to streamline compliance and boost payment processing

TransferMoney Latvia, a cloud payment institutions, announced that has selected Accuity to streamline its account and payments screening processes. The move is to help better identify financial crime risk, highlight potential sanctions breaches and flag potentially high-risk customers. In addition to regulatory compliance, Accuity will also help TransferMoney boost its payment processing. By using Accuity’s…

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