Mastercard launches Open Banking Solutions suite
The four applications and services, initially focusing on the UK and Poland, aim to support the growth of open banking across Europe.
Payments - Receipts
Background
Collecting bills efficiently, on-time and with a minimum of bad debts is essential in any business. Bill collection, unlike collecting payments at the point of sale, involves granting the buyer credit…
Read moreStripe adds chargeback protection feature as option
Available to Stripe users in North America and Europe from today, the feature is priced starting at 0.4% per transaction.
Consolidation continues as Global Payments pays $21.5bn for TSYS
The payments technology sector marks its third major acquisition deal since the start of this year.
Facebook plans 2020 launch of cryptocurrency
The social media giant plans to establish a digital payments system in a number of countries in the first quarter of next year.
Fintechs gain favour for B2B payments processing
Around three in four banks are seeking to leverage fintech solutions for payments-related services, reports Bottomline Technologies.
Kyriba links with JP Morgan on real-time payments
The San Diego group is the. first treasury management provider to offer real-time payments in the US to the bank’s corporate customers.
CULedger, R3 partner on blockchain for cross-border payments
The US credit union service organisation is to launch CU Pay, an electronic funds transfer product, early next year.
Swift trials real-time cross border payments via Tips
The network launches a Europe cross-border instant payment test via its gpi service and the TARGET Instant Payments Settlement platform
Moving to ISO 20022 message standard is HUGE
Deutsche Bank’s Ultimate guide to ISO 20022 migration on the impacts of standardising on a new payment message format is a must read
Tips for treasury & payments
Useful ’How to’ tips in Treasury Alliance Group’s “Clearing the Fog - The State of Treasury and Payments Technology” report
Dutch group Volt offers single access point to open banking
The Netherlands-based open banking specialist promises access to more than 4,000 Europe banks via a single API.
Sberbank Croatia picks Token.io to progress open banking
The Russian bank’s Eastern Europe subsidiary is integrating Token OS into its banking infrastructure to achieve PSD2 compliance.
Seventeen UK companies rapped for late payments
Rolls-Royce, Balfour Beatty and Persimmon are among those suspended or removed from the government’s Prompt Payment Code.
Amazon Pay enters India’s P2P payments market
Despite an already crowded market, the online giant believes that the country still lacks an efficient money transfer service.
Stripe’s billing product makes debut in Europe
The US online payments platform provider says that Stripe Billing can help European businesses of all sizes get paid faster.
European fintechs marshal forces on PSD2 issues
The European Third-Party Provider Association is a non-profit body to represent them on Payment Services Directive issues.
Payments: everything tracked; inevitable partnerships; block chain; AI collections
Faster, transparent and traceable payments from Swift; markets are different; SAP partnerships; block chain; card payments; third part
Who will win payment race to build “OS for money”?
Alipay - huge mobile payment app; Apple’s new credit card + Apple Pay ewallet; Curve ewallet links to both credit and debit
Global payments - are you ready for e-wallets?
Worldpay’s Global Payments Report: 140 online payment methods as e-wallets taking over, and cash at point of sale overtaken by cards
US Fed delay slows same-day ACH payments progress
NACHA said that its planned third daily processing window will now not go live until March 2021.
FIS-Worldpay $43bn merger creates global payments titan
The deal is the largest to date in the payments industry, following Fiserv’s recent acquisition of First Data.
Europe’s PSD2 ‘could re-direct fraud to other regions’
The European Union’s stricter requirements for prevention could result in more fraud in the US and elsewhere, claims a report.
Recurring revenue: the new frontier
Change your business model and open up new revenue streams
Australian faster payments initiative gains traction
The Australian Supplier Payment Code calls for smaller suppliers to be paid within 30 days of invoicing.