Category: Payments

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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paysafe skrill neteller buyout
June 26, 2017 BY Valentina Kirilova

Paysafe launches cross-border payments strategies to drive business growth

Payments services company Paysafe Group Plc (LON:PAYS) has today released a whitepaper, titled Five Proven Strategies to Achieve Cross-Border E-commerce Growth, which reveals how companies can use cross-border payments to gain competitive advantage in the booming international e-commerce market. International sales are becoming a growing part of every organisation’s revenue, particularly for e-commerce businesses. This…

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June 22, 2017 BY admin

ECB developing retail service for instant settlement of euro payments

The new service, TARGET instant payment settlement (TIPS), will enable citizens and firms to transfer money between each other in real time and will be available around the clock, 365 days a year. The Governing Council of the European Central Bank (ECB) has decided to develop a new service for the settlement of instant payments.…

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SafeCharge launches Identity Manager
June 22, 2017 BY Valentina Kirilova

SafeCharge reveals research urging fintech innovation for marketplace payments

New research from Edgar, Dunn & Company, commissioned by SafeCharge (LON:SCH) the payments services partner, has revealed the challenges inhibiting the growth of marketplaces and is calling for fintech innovation to address them. The report ‘Marketplaces Best Practices for a Successful Payments Strategy’ also identifies solutions to address the specific needs of the marketplace business…

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June 19, 2017 BY Valentina Kirilova

Sweden online payments provider Klarna gets bank license

Swedish payments firm Klarna just announced that had received a banking license from Sweden's financial watchdog Financial Supervisory Authority (Finansinspektionen). While the company would not comment on immediate plans, the banking license that is valid across the European Union gives it "very interesting opportunities" including the possibility to issue credit cards and other retail banking…

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