Deutsche Bank and Fiserv reveal joint venture for payments acceptance in Germany LeapRate

June 21, 2021 BY Steffy Bogdanova

Deutsche Bank and Fiserv reveal joint venture for payments acceptance in Germany

Deutsche Bank and Fiserv plan to bring multiple payment solutions together, complementing Deutsche Bank’s banking offering. It will ultimately save merchants from having to enter into multiple contracts with a variety of payment providers. Stefan Hoops, Head of Corporate Bank at Deutsche Bank, said: By combining Fiserv payment solutions with our banking products, we will…

June 15, 2021 BY Steffy Bogdanova

NAGA announces new payments platform

Benjamin Bilski, CEO of NAGA, said: Our first NAGA card offering suffered from technical limitations and did not meet all our customers’ needs. In choosing to work with Contis, we’ve gained a strong and highly experienced partner with a documented track record and industry leadership. Contis brings a proven ability to deliver large scale payment…

June 14, 2021 BY Steffy Bogdanova

Societe Generale and Kyriba team up to launch treasury management solution

Through their new solution, Kyriba and Societe Generale will be offering real-time monitoring of treasury positions and provisional management of liquidity flows, payment automation (remittances), banking delegation and mandate management, enhanced fraud management and multi-bank connectivity and ERP, payment validation workflow management. Edi Poloniato, co-Head Banking Solutions for Kyriba added: We are very proud to…

June 09, 2021 BY Steffy Bogdanova

Equiti releases payment card and mobile app

Ahead of the launch, traders were informed of the Equiti prepaid Master card and app and they demand showed a roughly 250% higher uptake rate than originally anticipated. Mohamed Alahmad, managing director for the Middle East region at Equiti, said: Equiti aims to make our client’s experience a global market disruptor so we are thrilled…

June 08, 2021 BY Steffy Bogdanova

Visa teams up with Goldman Sachs to improve global payments

Alan Koenigsberg, global head of new payment flows, Visa Business Solutions said: There is an immediate need for modernization of global money movement to help businesses around the world simplify and enhance how they pay and get paid across borders. Visa’s partnership with Goldman Sachs Transaction Banking is an important milestone in our efforts to…

June 01, 2021 BY Steffy Bogdanova

Skrill and Wix partner to bolster e-commerce business growth

A single integration to Skrill’s payment gateway allows the use of alternative payment methods such as the Skrill digital wallet and other Paysafe services including online bank transfer solution Rapid Transfer and online cash solution Paysafecash. Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access at Paysafe, said: The last year has been a pivotal…

May 27, 2021 BY Steffy Bogdanova

PayPal set to allow customers to withdraw cryptocurrency

During the conference, da Ponte was also probed on the subject of central bank digital currencies (CBDCs), following news that the PayPal vice president had met up with central bankers across the globe. Though da Ponte accepted the logic of central banks issuing their own tokens, he refused the common opinion that just one of…

May 24, 2021 BY Steffy Bogdanova

Fintech Plaid teams up with payments firm Square

Square’s tokenized check system uses Plaid to allow customers to securely connect their bank accounts for bank payments. This verification option enables customers to quickly enter their bank login credentials to connect an account to enable payments. Additionally, Square offers no fee refunds on ACH payments they process to make ACH acceptance even easier. Dennis…

May 17, 2021 BY Steffy Bogdanova

Stripe acquires Bouncer to boost fraud prevention

When a transaction is flagged, Bouncer does not block the purchase entirely, a business can use it to verify the card. Bouncer achieves this by requesting live photos of the card which can be taken with a smartphone. The scanning technology supports all card types, cards designs and can even be done in low light.…

May 07, 2021 BY Steffy Bogdanova

Nuvei linked to Simplex acquisition

Also, in December 2020, the start-up announced the launch of Simplex Banking, its very own crypto banking solution created with the intention of integrating seamlessly into exchanges and wallet apps. Simplex is fully licensed as a financial entity under the European Union. Although its actual valuation is still unknown, it has reportedly raised around $19…

Category: Payments