Visa’s van Rensburg reflects on global m-payments growth
Visas acquired South Africa-based m-payments player Fundamo in 2011, signalling a major strategic move in the region for the…
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Duygu Tavan
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Fiserv, Earthport give insight into their partnership
In May, Fiserv and Earthport announced that they had gone into a partnership to offer a cross-border payments clearing…
ByDeutsche appoints head of GTS to grow China business
Deutsche Bank has appointed the former head for transaction banking for Standard Chartered Bank in Taiwan, Carl Wegner, to…
ByRBS enables ATM withdrawals via mobile app – without a card
Now the bank has updated its mobile banking app offering with GetCash, a feature of the app that can…
ByFacebook updates m-payments service, cuts down check-out steps
Facebook has updated its mobile payments system to make the check out process easier and faster. The updated version…
ByEquens achieves milestone success with WAY4 processing platform
POS and ATM clearing transactions via Equens WAY4 payment platform have sky rocketed in the past two years, rising…
ByPayPal brings in-store payment service to UK
Judging by its latest moves, it was only a matter of time and now PayPal has indeed launched an…
ByEurope’s thought-leaders get together at CPE
The event covered in-depth the role of social media in banking, the future of prepaid, loyalty and rewards, and…
ByRMB in trade finance – bigger than in payments
Now SWIFT has drawn attention to the use of the RMB in trade finance, where the RMB has a…
ByACI upgrades Money Transfer System for SEPA
ACI has upgraded its ACI Money Transfer System and built it so it can be deployed faster for high…
ByACI, Aite Group identify new consumer segment in payments market: Smartphonatics
ACI and US-based consultancy Aite Group have identified a new consumer segment within the payments space, the Smartphonatics. Smartphonatics…
ByEBA issues SEPA migration guidelines
The paper, titled Banks Preparing for SEPA Migration, was announced at EBA Day in Edinburgh and provides an insight…
ByFundtech offers new liquidity, risk product
Fundtech has added a new solution to its portfolio: The Global Liquidity & Risk Management solution addresses banks changing…
ByAsian Green Development Bank, Kasikorn Bank establish remittance service
Burma-based Asian Green Development Bank and Thailand-based Kasikorn Bank have signed a deal to establish a remittance service between…
ByLogica, FSC, EBA: SEPA will survive – even if the euro does not
The key results of the State of the European Payments Marketplace report, the fourth so far, will be announced…
ByJapan e-payments: Softbank & PayPal team up for $25m worth JV “PayPal Japan”
The joint venture is called PayPal Japan and will be marketed to consumers and merchants as a premier digital…
Bye-invoicing: adding value in SCF
Duygu Tavan looks at trends in the electronification of the supply chain, asking where it adds value and offers…
ByDubai updates mPay gateway for e-gov scheme
Dubais e-government scheme (Dubai eGovernment) has been updated with new features, including automated payments via SMS.
ByMasterCard ranks m-payment readiness level
Is the world truly ready to adopt mobile payments? To give in indication, MasterCards thought leadership unit Global Insights…
ByMicropayments: ZunguZ aims to displace M-PESA, PayPal as top e-payments provider
ZunguZ, a multi-tiered platform that consolidates social networks, financial service providers and banking institutions to enable the exchange of…
ByWorld Bank, Kenya gov launch mobile treasury bond purchasing app
Mobile payments may usually be associated with the consumer segment, especially in the case of Kenya, where the local…
ByFiserv, Earthport partner for cross-border ACH payments clearing in US
Fiserv and Earthport have announced a new partnership.
ByBank Payment Obligation – the best of both worlds
In the second part of the EPI series on trends and opportunities in Supply Chain and Trade Finance, Duygu…
BySunGard: payments service differentiator in corporate client acquisition
This was the question SunGard posed in its latest study and it turns out that corporates want clarity in…
ByVocaLink increases focus on Direct Debit Training
VocaLink has started an audit and training programmed aimed at institutions that collect payments to deal with Direct Debit…
ByBlueSnap, Zibaba ink deal for Facebook commerce optimisation
Cloud commerce technology provider BlueSnap has inked a deal with Facebook-focused e-commerce platform Zibaba to provide a full suite…
ByCrédit Agricole’s Cedicam changes name for European expansion
Crdit Agricoles payment processing subsidiary Cedicam has changed its name to Crdit Agricole Cards and Payments as part of…
ByUganda: Western Union, MTN start m-money transfer service
Western Union has acquired another partner in its expansion into the mobile money transfer market: It has teamed up…
ByViVOtech in for next round of funding
NFC software and systems maker ViVOtech has secured a second round of funding. The company has already raised $96m…
ByEurosystem issues paper to identify risks in retail payments
The Eurosystem has issued a new paper titled Oversight Expectations for Links between Retail Payment Systems in which it…
ByHSBC, Deutsche, BNP Paribas, Citi, RBS leaders in corporate cash management in Europe
HSBC, Deutsche Bank, BNP Paribas, Citi and Royal Bank of Scotland (RBS) are the top five leaders in European…
ByRMB payments soar 33% in February
RMB payments have soared by 32.6% in the four week to the end of February, the latest SWIFT RMB…
BySWIFT: concrete steps to migrate to SEPA
SWIFT has published a white paper defining the steps necessary to migrate to SEPA. The paper argues that banks…
ByBofA ML extends Global Liquidity Platform
Bank of America Merrill Lynch has added an enhanced version of its global Physical Cash Concentration capabilities to its…
ByAdyen: make national alternative payment methods compatible with mobile apps
Payments made via mobile sites have a much higher conversion rate than in-app mobile payments due to a lack…
ByBrazil’s Paymentez receives 2nd funding
Paymentez, a Latin American company that focuses on payment platforms for virtual content, has received a second round of…
ByITV picks Bottomline Technologies for cash reporting
One of the UKs largest TV networks, ITV, has implemented Bottomline Technologies SWIFT Access Service for cash reporting and…
ByZambia: e-payments in transport
Zambia's Road Transport and Safety Agency RTSA is considering the introduction of electronic payments on cabs and for driving…
ByApple receives patent for m-payments
Apple has been granted a patent for setting parental controls on mobile payment apps.The patent paper says: The financial…
ByInterview: Proxama CEO Neil Garner
Proximity marketing and m-payment software application provider Proxama has had an exciting start to the year it has signed…
ByTradeshift: No need for PDF invoices
Tradeshift, one of the companies Electronic Payments International had identified as one to watch at Finovate, has launched an…
ByCapital One now accredited AFP Service Codes provider
US-based Capital One has been named as the official provider of codes which the corporate treasury industry uses to…
ByPeople’s Bank of China enables RMB settlement
The People's Bank of China is the latest proof that the Chinese renminbi is gaining international recognition as a…
ByHSBC assigns Dovetail for SEPA credit transfers
HSBC has chosen payment service provider Dovetail to process SEPA Credit and Debit Transfers. HSBC will implement the Dovetail…
ByCashFlow launches e-payment solution for MNOs
CashFlow, a new business division within Voice Commerce Group, has rolled out a white label electronic payment processing service…
ByAlfa, TeliaSonera fight over Turkcell
Mehmet Karamehmet, the Turkish businessman with a controlling stake in Turkcell, may lose his shares if he does not…
ByEBA adds extra settlement cycles to STEP2 SCTs
EBA Clearing has added three new settlement cycles to its STEP2 SEPA Credit Transfer (SCT) service. EBA will introduce…
ByBelgium’s bpost deploys Fiserv’s AML Manager
Fiserv has completed the implementation of its AML Manager, part of the vendors Financial Crime Risk Management Platform, for…
BySybase 365, Telefonica in m-payment deal
Sybase 365 and Telefonica has gone into a global strategic partnership to market mobile wallet services and will launch…
ByAzerbaijan non-cash payments on the rise
The head of payment systems and account department at the Central Bank of Azerbaijan, Kamala Gurbanova, said that the…
BySunGard study: insights into treasury policies
A study on cash management by SunGard has revealed that more and more corporate treasurers are considering money market…
BySunGard strikes deal with First Financial Investment Fund for collections analytics
SunGard has inked a deal with the receivables purchasing and finance division of First Financial Asset Management (FFAM). FFAMs…
ByFinovate: Hot stuff from Finland – meet Holvi
Electronic Payments International took aside Kristoffer Lawson, co-founder and head of product at the Finnish start-up, at Finovate to…
ByFinovate – who is taking off
Finovate Europe showcased, once more, the likely up and coming stars of the financial services industry We take a…
ByInterview: BPC’s Phillimore & Berg on Africa
BPC Banking Technologies has appointed a new business development executive for Africa as part of its expansion plans in…
ByG4S Cash Solutions, YourCash sign ATM contract
UK-based G4S Cash Solutions has signed a five-year ATM replenishments and engineering service contract with ATM provider YourCash. The…
ByEquens opens London branch
The future for automated clearing houses (ACH) may seem uncertain in light of SEPA, but that does not prevent…
ByBranchless banking accounts in Pakistan soar by 51% QoQ
According to the latest Branchless Banking Newsletter by the State Bank of Pakistan, the total number of branchless banking…
ByClear2Pay acquirers ISTS Worldwide
According to Michel Akkermans, chairman and CEO of Clear2Pay, the acquisition follows a growing interest in new payments technology…
ByHSBC Merchant Services signs processing deal with UK Post
HSBC Merchant Services has signed a card processing deal with the UK Post Office. The Post Office has 11,500…
ByBPC Technologies signs contract with Panama’s TELERED
TELERED is Panama's national payments processor and switching company and runs an ATM acquiring businesses, as well as network…
ByM&A: VeriFone buys Global Bay for retail payment expansion
Global Bay's mobile retail applications complement our vision to deliver rich commerce solutions that open up new opportunities for…
ByWells Fargo expands treasury services to Europe
The expansion of the treasury service to Europe is part of Wells Fargos strategy to provide a consistent and…
ByIndia goes live with e-transactions
The system will eliminate cheques completely with all payments to be made via direct debit. According to the countrys…
ByWestern Union launches B2B e-wallet
Western Union is going to launch a closed-loop e-wallet designed to meet the needs and requirements of business to…
ByWorldPay: international e-commerce revenue driver for SMEs
SMEs are fine-tuning their focus on e-commerce solutions to increase international transactions revenue, research by WorldPay has found. The…
ByExperian to create corporate payment database for UK Payment Council
The UK Payment Council has appointed Exprian to create, manage and maintain an industry database on corporate payments as…
ByBill.com introduces new eBill functions
Bill.com has introduced a new feature on its e-billing service that it claims significantly enhances the invoicing and payments…
ByBofA sees attractive business case in SMEs
It may be under fierce criticism for introducing a debit card fee for retail customers but Bank of America…
ByEarthport extends cross-border payment service with BofA ML’s CashPro
Earthport has deployed Bank of American Merrill Lynch's online banking channel CashPro to enhance its cross-border payment service. Now…
ByUAE banks adopt IBAN standard
The UAE central bank has announced that IBAN numbers will have to become mandatory. The IBAN number will, as…
ByGemalto to focus on biometric payments technology in 2012
Magnetic stripes, EMV, contactless, mobile payments and now biometric payments? Apparently, yes, according to Gemalto
ByCall for SEPA end-date to spur Europe’s economic recovery
The uptake of SEPA has been a rather slow one, but now, considering the crisis Europe is in, stakeholders…
ByAre you ready for the online passports?
Trust is still the biggest barrier that prevents the digital economy from achieving its full potential According to analysts,…
ByTravelex aims to curb university fee processing costs with Pay 24-7 acquisition
Travelex Global Business Payments said it estimates that Pay 24-7 will save universities about £50,000 ($78,234) per year in…
ByHeartland Payment Systems: Educational Durbin impact campaign for merchants
Heartland Payment Systems has launched a campaign to educate merchants about potential pitfalls of the Durbin Amendments. Payments processors…
ByAzerbaijan’s MilliKart starts foreign currency clearing
The Central Bank of Azerbaijan and MilliKart as well as 13 local banks served by the clearing platform signed…
By77% of banks to form single transaction banking business in 2012
The latest Trends in Transaction Banking survey by Misys has found that 77% of banks have commenced consolidating their…
By70% of consumer wary of paying online
It may be considered part of a lifestyle nowadays, but research has found that seven in ten people are…
ByEBA Clearing responds to Europe’s payment challenges
EBA Clearing has announced reforms to the EURO1 system as part of a wider review to enhance the systems…
ByJP Morgan launches escrow service in France
JP Morgan Treasury Services has launched an escrow service in Europe to reduce the level of counter party risk…
ByHSBC launches PCI compliant solution
HSBC said that the new service, called Global Fortress, was developed for merchants to comply with minimum security requirements…
ByStandard Chartered deploys ACI clearing system
Standard Chartered Bank has implemented ACIs Money Transfer System 4.0 for its currency clearing business in Germany. The implementation…
BySIA Expo Milan: ICT key theme
Banks, corporates and other companies in the payments value chain will be addressed at the annual SIA Expo in…
ByFSC, Logica report: SEPA critical for future of Europe
Two-thirds of people in the banking industry consider a single payments market either critical or very important for the…
ByM-payments: Dwolla says no need for hardware investment
M-payment services- they are emerging left, right and centre. One of the newest is Dwolla, a location-based service that…
ByIngenico acquires Italian TNET
Ingenico's executive vice president SEPA-Europe Region, Pierre-Antoine Vacheron said that the acquisition of TNET reflects our strategy aimed at…
ByVocaLink’s break-up with SEPA: An unwise decision
But the payments processor is sending the wrong message to clients because, the vision of SEPA is not a…
ByVocaLink drops SEPA services
VocaLink has made a U-turn on its global strategy to push SEPA and announced the withdrawal of the service…
BySwedish payment acceptance provider iZettle takes on Square
A new payment acceptance provider is aiming to take on the likes of Square and VeriFone with and EMV-compliant…
ByOmaha bank confirms Discover branding deal
First National Bank of Omaha, Americas largest privately-held bank holding company, confirmed it will issue credit cards on the…
ByEMV cards used by a billion worldwide
Regional figures released by EMVCo, which sets EMV standards and technical specification across the world, show a 36 percent…
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