Airwallex gets $13m in Series A from Tencent, Sequoia Capital China and Mastercard LeapRate

May 01, 2017 BY admin

Airwallex gets $13m in Series A from Tencent, Sequoia Capital China and Mastercard

Airwallex, an ASIC regulated international payments company has raised USD $13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments worldwide. Chinese internet giant Tencent Holdings, one of the earliest Chinese investment institutions Sequoia Capital China, and Mastercard all participated in the…

April 25, 2017 BY Valentina Kirilova

INTL FCStone unveils cross-border payments intelligence portal GPN

INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD) unveiled its proprietary cross-border payments intelligence portal - the Global Payments Network (GPN). The comprehensive intelligence portal leverages GPD's relationships with global correspondent banks, regulators and other market participants in the developing world, to provide clients with…

April 25, 2017 BY Valentina Kirilova

ENSO expands Broker Vote Tool to offer MiFID II research solution powered by RSRCHXchange

ENSO, a NEX Group (LON:NXG) business and portfolio finance and centralized treasury management solution for the buy-side, announced today that it plans to expand the ENSO Broker Vote tool to include MiFID II research consumption, powered by RSRCHXchange, the MiFID II compliant marketplace for institutional research. The expanded tool will provide buy-side institutions with evidence-based…

April 12, 2017 BY Valentina Kirilova

IC Markets adds deposits via PayPal

ASIC regulated Retail Forex broker IC Markets just announced that has added PayPal to its list of accepted payment methods. The addition of PayPal as another funding method will allow IC Markets’ clients to send and receive funds via one of the world’s most trusted and secure payment solutions. In addition to over 10 different…

April 10, 2017 BY Valentina Kirilova

Facebook Messenger's AI 'M' now with payments feature

Facebook has revamped its AI assistant for Messenger, M, letting it butt into conversations about payments to offer help with sending and requesting money. The upgrade, initially only for US users, lets M pop into open conversations on Messenger when it "recognises intent" and suggest relevant content and capabilities. The suggestions feature has a handful…

April 06, 2017 BY Valentina Kirilova

Spain’s Correos selects Paysafe to drive e-commerce payments

Paysafe’s NETELLER, Skrill and Rapid Transfer added as payment options on Correos’ e-commerce platform Comandia Spain’s state-owned postal company Correos announced that has chosen payments services company Paysafe Group Plc (LSE:PAYS) as a recommended payment provider for businesses using Comandia, its e-commerce platform. As part of the collaboration between the two companies, Paysafe’s Skrill Quick…

CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first

April 06, 2017 BY Valentina Kirilova

CLS to extend payment netting service to all global currencies

In response to market demand, CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, just announced that will expand its proposed bilateral payment netting service – CLSNet – to support more than 140 currencies (coverage will include all currencies associated with jurisdictions not on an official black/grey or sanctions…

April 05, 2017 BY Valentina Kirilova

AgriClear announces collaboration with Verified Beef Production Plus (VBP+)

New relationship will promote VBP+ Canadian cattle via web-based platform AgriClear, North America's online transaction and payment platform for cattle buyers and sellers, just announced it is entering into a collaborative marketing agreement with Verified Beef Production Plus (VBP+), a national, industry-led program providing verification of Canadian beef production practices at the farm, ranch and…

April 05, 2017 BY Valentina Kirilova

Buckaroo chooses Fiserv's anti-money laundering solution

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced today that Buckaroo, a payment solutions provider based in the Netherlands, has selected AML Risk Manager from Fiserv. AML Risk Manager is an anti-money laundering (AML) solution providing advanced customer risk profiling, risk scoring, transaction monitoring and know your customer (KYC) capabilities.…

April 04, 2017 BY Valentina Kirilova

Cash still dominates POS payments in Europe

Supporters of digital payment schemes like to push the idea that a cash-free future is just around the corner, but fully three quarters of all Euro zone payments at the point-of-sale are still made in cash, according to the European Central Bank. The data comes from a survey conducted by the ECB to mark the…

Category: Payments