Payments Technology | Finance Magnates

FM Home

> FinTech

> Payments

ECB Selects Amazon, Nexi, Others for Digital Euro Prototype Exercise

The prototyping exercise is part of ECB's two-year digital euro investigation project.
The project is now expected to be completed during the first quarter of 2023.

Friday, 16/09/2022 | 16:14 GMT by Solomon Oladipupo

PayU

PayU Gets Regulatory Backing to Acquire Colombian Fintech Ding

The approval came from Colombia's SIC and SFC.
PayU and Credibanco entered an agreement on Ding months ago.

Friday, 16/09/2022 | 00:04 GMT by Solomon Oladipupo

payments

ePayments to Shutter after 3 Years of FCA-Ordered Business Suspension

It was ordered to suspend activities due to weaknesses in our financial crime controls.
It processed online payments for high-risk clientele.

Tuesday, 13/09/2022 | 11:21 GMT by Arnab Shome

Thought Leaders

The key to success is to continuously educate yourself

Confessions of a manager at an investment "playground" for men

Tuesday, 27/09/2022 | 09:51 GMT by Profit Level

TransferWise

Wise Introduces Intermediary SWIFT Connection Service for Neobanks

The new platform has gone live.
The service is also beneficial to established banks, Wise says.

Monday, 12/09/2022 | 16:53 GMT by Solomon Oladipupo

Equals

Equals Ends H1 2022 with £0.8 Million in Net Profits

The company generated record revenue in the period.
Its partial Q3 revenue already came in at 55 percent higher than the previous year.

Wednesday, 07/09/2022 | 07:03 GMT by Arnab Shome

payments

PayProff Launches Escrow Services amid Gaining Danish Payments License

It is offering services across Denmark.
The platform was developed by a Danish used car trading platform.

Tuesday, 06/09/2022 | 10:13 GMT by Arnab Shome

Ebury

Ebury Rebrands Division, Commits More to Alternative Investment Sector

The rebranding is targeted at meeting the growing demand in the sector.
Ebury International Solutions offers forex risk management, etc.

Wednesday, 31/08/2022 | 13:16 GMT by Solomon Oladipupo

Wise (TransferWise)

UAE’s Free Zone Regulator FSRA Fines Wise $360k for Gaps in AML System

No actual instance of money laundering was found.
FSRA said Wise has taken 'substantial steps' to cover identified gaps.

Tuesday, 30/08/2022 | 14:37 GMT by Solomon Oladipupo

payments

The FedNow Instant Payments Service Is Coming in 2023

The Federal Reserve will launch the payments platform in 2023 between May and July.
Over 100 companies are participating in pilot including FIS, Opus and VSoft.

Tuesday, 30/08/2022 | 08:14 GMT by Matti Williamson

Thought Leaders

Don’t let your trading platform be the single-point-of-failure

Modern brokerage requires a modern trading platform

Tuesday, 27/09/2022 | 09:08 GMT by Match Trader

Unlimint

Unlimint Enhances Offerings with New Banking-as-a-Service Solution

It enables clients to customize and integrate payment solutions.
It offers more than 150 APIs.

Tuesday, 23/08/2022 | 08:41 GMT by Arnab Shome

SEPA

SEPA Instant: Europe’s Way of Revving Up Your Business

SEPA vs SEPA Instant: which system better suits your business needs?

Monday, 22/08/2022 | 10:36 GMT by Finance Magnates Staff

payments

Best Payments Networking Events in UK

London has emerged as one of the best cities for payments events in recent years.

Tuesday, 16/08/2022 | 14:53 GMT by Finance Magnates Staff

payments

Payment Facilitators: How They Work and How to Become One

How does the PayFac model work, and how can you get the best out of it?

Tuesday, 09/08/2022 | 10:50 GMT by Finance Magnates Staff

payments

Interchange Fees: Everything You Need to Know

Interchange fees are used to keep the payment systems functioning as securely as possible.

Thursday, 04/08/2022 | 08:55 GMT by Finance Magnates Staff

payments

Top Payments Events in 2022

There are several marquee payment and fintech events coming this fall.

Wednesday, 03/08/2022 | 15:17 GMT by Finance Magnates Staff

Thought Leaders

iFX EXPO Asia 2022 brought fintech industry to the heart of Bangkok

The 2 days of unmatched networking and business collaboration were simply unforgettable

Monday, 26/09/2022 | 07:00 GMT by iFX

payments

Cross-Border Payments: All You Need to Know

Why cross-border payments are so important in today's interconnected world?

Thursday, 28/07/2022 | 22:05 GMT by Finance Magnates Staff

payments

Amir Sadras, Founder of FUGU Says Merchants Can Significantly Reduce False Declines

FUGU offers fraud solutions that track the client post-payment to combat false declines.
The verification process (such as KYC) can take place after the purchase is made.

Wednesday, 27/07/2022 | 10:09 GMT by Matti Williamson

payments

Boku Sees $30.3M in H1 Revenue, Profits Soared Due to Identity Unit Sale

The group sold its identity division to Twilio for $32.3 million.
Its total forfeit for the period came in at $29.5 million.

Wednesday, 27/07/2022 | 08:40 GMT by Arnab Shome

Latin America

Start Your Online Business in Latin America

Latin America is looking better each day, but entrants must be ready for adversity.

Wednesday, 27/07/2022 | 08:20 GMT by Finance Magnates Staff

Fiserv

Fiserv Upbeat as Revenue Jumps 10% to $8.59B in First Half of 2022

GAAP EPS grew by 130% to $0.92 in Q2, and 128% to $1.94 in H1 2022.
Fiserv has raised its full year outlook for 2022.

Tuesday, 26/07/2022 | 18:37 GMT by Solomon Oladipupo

Bank Of America

Bank of America’s Net Income Drops 13% to $6.1bn in Q2 2022

EPS dropped 9% from $0.80 to $0.73.
However, net interest income rose 22% to $12.4 billion.

Monday, 18/07/2022 | 20:36 GMT by Solomon Oladipupo

Thought Leaders

IC Markets unveils new campaign to help traders to reach new heights

The advertisement will air in 10 countries

Friday, 23/09/2022 | 14:57 GMT by FM

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}