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Latest News - Alternate Payments

ACI Worldwide, Payment21 collaborate to facilitate AML-compliant bitcoin transactions

  • Published: 23 Mar 2017

ACI Worldwide has entered into a strategic partnership with Payment21 to enable payment service providers (PSPs) to offer merchants anti-money laundering (AML)-compliant bitcoin acceptance globally.. read more

Paytm rolls out bill payments service in Canada

  • Published: 17 Mar 2017

Paytm, an India-based mobile payments and commerce company, has entered the Canadian market with the launch of its bill payments service in the country.. read more

TransferTo, Wirecard team up to launch mobile money remittance service

  • Published: 25 Jan 2017

TransferTo, a cross-border B2B mobile payments network, has partnered with digital payment company Wirecard to offer a white-label mobile-to-mobile remittance service.. read more

Samsung Pay could be in Canada in a matter of days

  • Author: Patrick Brusnahan
  • Published: 27 Oct 2016

According to Samsung Customer Care, Samsung Pay will be available in Canada within days. read more

SMEs could be losing out on £8.8bn in sales by only accepting cash

  • Author: Jessica Longley
  • Published: 17 Aug 2016

Small businesses in the UK are losing out on more than £8.8bn ($11.4bn) each year by not accepting credit and debit card payments – an 18% increase compared to two years ago.. read more

TIM collaborates with SIA for new POS payment service

  • Published: 15 Jul 2016

TIM, a brand of Telecom Italia Group, has partnered with payments firm SIA to make POS MultiPay terminals operative in over 2,200 stores in its sales network across Italy.. read more

Raphaels banks on SIA to push payments innovation

  • Author: Jessica Longley
  • Published: 2 Jun 2016

After a recent partnership with Avuba for an alternative payment account in early May, Raphaels Bank has now decided to launch an alliance with electronic payment afficionados SIA. The move demonstrates Raphael's desire to become a reputed figure in the delivery of innovative payment solutions. read more

WorldRemit launches remittance services to Niger

  • Published: 29 Apr 2016

WorldRemit, a UK-based remittances start-up, has launched its instant money transfers to Airtel Money wallets in Niger.. read more

SWIFT’s eight requirements needed to deliver blockchain to banking

  • Published: 21 Apr 2016

Distributed ledger technologies (DLTs) and blockchain are two new developments that the financial industry is closely watching. Research from SWIFT and accenture has highlighted why this is creating so much buzz and how to bring it into the fray. read more

Top stories from Money 20/20 Europe, Copenhagen

  • Author: Anna Milne
  • Published: 7 Apr 2016

Money 20/20's inaugural European event was a runaway success and a total blast, with stories, themes and arguments exploding, flying and bouncing around the place more than flying ants on flying ant day. Top highlights for you here with more to follow. Anna Milne reports. read more

Android Pay lands on American shores

  • Author: Patrick Brusnahan
  • Published: 11 Sep 2015

Google’s second attempt at a mobile wallet, Android Pay, has launched in the US today.
Working with all NFC-enabled Android devices, if running mobile operating system KitKat 4.4, Android Pay can be used to purchase items at over one million store locations across the US on NFC terminals. In-app purchase capability will follow.. read more

MasterCard launches global digital payment platform MasterPass in Hong Kong

  • Author: EPI editorial
  • Published: 14 Jul 2015

MasterCard has launched digital payment platform MasterPass for the first time in Hong Kong, which allows consumers to securely store their MasterCard and other branded card information all in one place – along with their shipping and billing addresses. Asia editor Xiou Ann Lim writes. read more

Expansion into Nigeria creating ‘a lot of opportunity’ for BitX

  • Author: Patrick Brusnahan
  • Published: 10 Jul 2015

Bitcoin exchange BitX, headquartered in Singapore, has just entered the Nigerian market. Patrick Brusnahan speaks to Werner van Rooyen, head of business development and growth at BitX, to see what opportunities this move represents. read more

Alipay gets an upgrade

  • Author: EPI editorial
  • Published: 10 Jul 2015

Alibaba affiliate Ant Financial updated its mobile payment app, Alipay Wallet, renaming it Alipay 9.0. The app – which is available on both iOs and Android – boasts a new interface and more features.. read more

Western Union pushing for an omnichannel experience

  • Author: Patrick Brusnahan
  • Published: 3 Jul 2015

The Western Union Company has signed an agreement with British retailer WHSmith to activate its Western Union Money Transfer services via Western Union’s self-service kiosks.. read more

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