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Tag Archives: payments

TransferMate announces €30m investment by AIB and strategic partnership

20 November 2017 – TransferMate, (“TransferMate” or the “Company”), the world’s leading cross-border B2B payments provider, today announced it has secured €30 million in investment from Allied Irish Banks p.l.c. (“AIB”) for a small minority equity ownership stake in the Company. TransferMate and AIB have also agreed to a strategic partnership …

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UK’s Late Payments Culture Impacting 4 in 10 Businesses

New report identifies liabilities associated with late payments culture spanning jobs, innovation and investment for medium-sized businesses Maidenhead, November 8 2017 – Concur, the world leader in employee spend management, has today released a major report examining the UK’s late payment culture, which is putting job creation at risk. The report, entitled Invoice Utopia, includes …

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Global Processing Services Extends Mobile Wallet Capabilities To Support Android Pay For Issuers

LONDON, UK – October 24, 2017 – Global Processing Services (GPS), a leading payments processor, has increased its support for mobile wallets to include Android Pay using Mastercard Digital Enablement Service (MDES). Android Pay is now available to all clients using the pioneering GPS Apex platform. MDES is a tokenisation solution that enables Programme Managers …

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Money2020: Mastercard Eyes the Future of Retail with Augmented Reality Shopping Experience

Collaboration with ODG and Qualcomm will mark the first time Masterpass is combined with iris authentication in an AR environment for simple, secure payments Mastercard unveiled an augmented reality shopping experience today that for the first time incorporates Masterpass and Identity Check Mobile with iris authentication for safe and seamless …

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Playbasis Pte Ltd Acquires 10 Millionth Player Towards Quest To Bring Funtech To Fintech

Playbasis Pte. Ltd., the world’s leading customer engagement and gamified rewards company, announced today that they have crossed 10 million registered players on the platform. Of these 10 million registered players, 5 million players are active monthly, and these active players collectively generate 10 million transaction events per month. Playbasis …

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Global Processing Services Supports Apple Pay For Issuers

LONDON, UK – September 7, 2017 – Global Processing Services (GPS), a leading payments processor, now supports Apple Pay using Mastercard Digital Enablement Service (MDES). Apple Pay is now available to all clients using the pioneering GPS Apex platform. Apple Pay is transforming mobile payments with an easy, secure and private way to pay that’s fast …

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UTRUST: Mass Crypto Payments

UTRUST pre-ICO sells out raising $1.5 Million in 90 Minutes, ahead of its public fundraising on 20th September Building the world’s first cryptocurrency payments platform with consumer protections; strategic goal of enabling mainstream adoption of blockchain techology Oversubscription, of the 4,000 registered investors, 1,100 able to purchase UTRUST tokens Seven …

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“We think cash, cards and mobile payments will coexist for many years…”

A big theme of Money 20/20 Europe in Copenhagen this year was an engagement between startups and established players. The Fintech Times spoke to Mastercard’s Amy Neale about startups collaborations and about the future of payments What are your thoughts on how Money 20/20 Europe was this year? Amy Neale:I …

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Visa Expands Global Transaction Processing with Facilities in Singapore and United Kingdom

Visa (NYSE:V), a global payments technology company, today announced expanded transaction processing capabilities in two state-of-the-art data centers in Singapore and the United Kingdom. The new global processing hubs will increase the speed, resilience and geo-diversity of Visa’s infrastructure, while strengthening the company’s ability to deliver new and more sophisticated …

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Conferma and Concur Partner to Provide Virtual Card Solution

Conferma, a leading FinTech company specialising in virtual card technology has today announced a partnership with Concur, the world’s leading provider of integrated travel and expense management solutions and services. The Concur Conferma end-to-end integration will automatically deliver card details to hotels securely and electronically. The partnership will bring an integration …

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