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Payments
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Expert Insights
Payment and Fraud Trends to Look for in 2015
2015-01-14T02:01:06.000+02:00
The payments world is rapidly advancing technologically and globally, giving rise to many future payment possibilities for users.
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Exchanges
Coinsetter Launches Margin Trading for Business Customers and Market Makers
2015-01-12T18:54:21.000+02:00
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Products
China's First Online-Only Bank Launched by Popular Messaging App Developer
2015-01-05T19:36:04.000+02:00
The Chinese Premier Li Keqiang took part in the ceremony to launch WeBank, and sent RMB35,000 to a truck driver showing how China's newly approved private lenders will make it easier for small companies to get loans.
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Brokers
SafeCharge International Group Ltd Acquires Irish Pre-Paid Payment Provider 3V
2014-12-23T09:56:54.000+02:00
The listed company will pay €14.5 million euros for the acquisition, delivering to its clients a virtual and physical card-issuance platform, while establishing its own Issuing Services division.
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Payments
Belarus Introduces 30% Tax on Bank Card Transactions Buying Foreign Currency
2014-12-22T17:12:25.000+02:00
All clients from Belarus will have to pay a transaction cost of 30% if they are transferring funds from a Belorussian ruble linked credit or debit card to the foreign currency of their trading account.
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Products
Bitcoin Innovation Continues as Sector Integrates with Fintech Industry
2014-12-15T11:31:46.000+02:00
Bitcoins aren’t just about anonymous payments with presenters at Fintech Aviv showing that the technology is quickly evolving to encompass core services provided by the financial industry.
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Brokers
SafeCharge International Group to Acquire CreditGuard for $8 Mln
2014-12-12T10:01:55.000+02:00
The company acquires a level 1 certified payment service provider with white labeling capabilities and a highly secure payment gateway environment and reconciliation solutions brining annual revenues of $2.9 million.
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Expert Insights
How Brokers Can Comply with Data Standards for Online Payments
2014-12-11T02:01:42.000+02:00
All online brokerages need to comply with the Payment Card Industry Data Security Standards.
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Products
SafeCharge Gets Approval for Issuing Activity by MasterCard Europe
2014-12-10T10:22:14.000+02:00
MasterCard Europe granted the company the ability to issue pre-paid MasterCard products opening the doors for the firm to expand its range of services to its clients and seek new growth opportunities.
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Executive Moves
Liquid Finance Taps Kevin Coles as Non-Executive Director
2014-12-02T02:01:20.000+02:00
Liquid Finance has appointed a payments expert to its staff, culminating in the recruitment of Kevin Coles as its newest non-executive director.
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Payments
Skrill Group Acquires Ukash Expanding Its Secure Prepaid Payments Solutions
2014-11-27T18:56:53.000+02:00
The prepayment market is a key area of focus for the UK based company and going forward the new acquisition subject to final regulatory approvals is going to boost Skrill’s position on a global scale.
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Payments
Chinese Yuan Global Payments Market Share Drops in November, Maintains 7th Spot
2014-11-26T16:13:14.000+02:00
The latest set of data from the SWIFT Renminbi Monthly Tracker report is revealing that the liquidity squeeze on mainland China could have materially affected global flows throughout the past month.
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Analysis
Exclusive: New Lottery Platform Emerges from Merger of Kootac with Lottonetix
2014-11-16T18:03:06.000+02:00
As the lottery white labeling industry keeps gaining popularity, we are seeing another platform provider emerging with the merger between a tech company and an experienced team of marketing specialists.
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News
Bitcoin Picks: Silk Road 2.0 Taken down, NFC Chip Implants, Coinsetter Equity Offering
2014-11-15T16:08:08.000+02:00
The FBI took down the second version of Silk Road, while the Bank of Canada mulled the potential benefits of utilizing Bitcoin and the Russian government lowered its prospective fines for dealing in digital currency.
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Payments
Alipay Set for IPO after Alibaba Brought in a Record $9.3 Billion in 24 Hours on Singles Day
2014-11-12T13:05:40.000+02:00
The Chinese payment provider is bound to go public says founder and China' richest man, Jack Ma. Alibaba sold yesterday,on Singles Day, seven times more than Amazon sold on the last Cyber Monday.
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Analysis
Renminbi Maintains 7th Spot in Global Payments, Closing in on Canadian Dollar
2014-10-30T16:49:04.000+02:00
According to the RMB tracker report released by SWIFT, the Canadian dollar’s sixth spot is hanging in the air as the Chinese currency is on track to surpass it this month, trailing it by only six basis points.
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Analysis
UnionPay Payments Monopoly in China Close to Ending, as Russia Is Moving Towards One
2014-10-30T13:06:11.000+02:00
Taking yet another step to market reform, albeit at a very slow pace, the Chinese government is likely to let VISA and MasterCard into the card transactions business at a time when Russia is doing the opposite.
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Regulation
Arthur Levitt Is Advising BitPay and Vaurum as Bitcoin Smart Contracts and Crypto Equities Emerge
2014-10-29T15:11:13.000+02:00
The Former SEC Chairman will help the two companies to adapt their services into regulatory and financial standards. "Bitcoin related property is in the future of blockchain technology," says Bitpay's Tony Gallippi.
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Expert Insights
How to Maximize Customer Ease of Use and Broker Security
2014-10-22T02:01:39.000+02:00
The main challenge that an online forex broker faces is how to detect fraudulent customer behaviour in real-time and providing balance.
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Analysis
SafeCharge Lands The Rank Group Deal to Provide Payments for their Digital Businesses
2014-10-21T11:15:16.000+02:00
Stating fraud prevention and decreased costs, UK based The Rank Group selects SafeCharge for its payment processor of its Mecca Bingo and Grosvenor Casinos UK customer facing digital businesses.
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Executive Moves
Adyen Appoints Jean-Marc Thienpont as Its Newest Managing Director
2014-10-09T02:01:59.000+02:00
Adyen, a global provider of comprehensive omni-channel payment solutions has announced the appointment of Jean-Marc Thienpont as its newest Managing Director, Point-of-Sale Solutions.
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Interviews
Talking Mobile Payments, Bitcoins and Apple Pay with Glidera's David Ripley
2014-09-24T02:01:40.000+02:00
DC Magnates connected with Gliera CEO, David Ripley, for his take on the payments industry and to learn more about Apple Pay.
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Analysis
Russian Government Devises SWIFT Alternative, FBI Exams Russian Trail in JPMorgan Hacking
2014-08-27T23:37:35.000+02:00
Russian government takes countermeasures against future sanctions, devises an alternative interbank payment system to SWIFT, while Bloomberg reports about allegedly Russian hackers attacking JPMorgan.
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Analysis
Yuan Payments Sent from Europe to China Increased by 105% YoY with New RMB Clearing Banks
2014-08-26T13:39:20.000+02:00
The Chinese central bank continues to push for the internationalization of the Yuan as a trade facilitator for its export driven economy and European firms are quick to adopt to payments in the Chinese currency.
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Analysis
SafeCharge Granted VISA Europe Principal Membership Status
2014-08-26T10:01:35.000+02:00
The VISA membership status is expected to reduce the Company's direct acquiring cost structure, accelerate the merchant acquisition process and improve its competitive position for winning new business.
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