Payments News in Brief – October 2019
Players’ Strategy UNITED STATES – Active.Ai teams up with Visa to provide banking institutions with interactive AI-powered solutions (e.g.:...
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Players’ Strategy UNITED STATES – Active.Ai teams up with Visa to provide banking institutions with interactive AI-powered solutions (e.g.:...
The global provider of financial messaging services SWIFT has been testing their gpi offer for over a year by more than 150 institutions worldwid...
FACTS The interbank network SWIFT announces a Proof of Concept on trialling a gateway for interlinking trading and e-commerce platforms wit...
Schemes – Balance expected to shift in France and affect card networks’ strategies FRANCE – French merchants and consumers may now choose t...
Driven by the alignment of Nordic central banks around TIPS and the growth of instant payments, the P27 organisation is unveiling a harmonised pa...
Players’ Strategy FRANCE – HiPay releases their results for H1 2018, reporting €13 million turnover (+12%) and €1.3 billion processed trans...
The Indian domestic scheme RuPay (former IndiaPay) issues its first domestic cards with the National Payments Corporation of India (NCPI).These c...
American Express has signed a partnership with Experian to offer international payment processing and foreign exchange services to Experian’s UK ...
Players’ Strategy – FinTechs Racing for Investments and Valuation UNITED KINGDOM – The British unicorn TransferWise sees their valuation i...
POS Checkout – Cashierless Stores: a Tsunami Washing over the Retail Industry UNITED STATES – Inokyo –start-up focusing on commerce automat...
Players’ strategies – FinTech companies following in banks’ footsteps EUROPE – Klarna has been granted a banking licence allowing them to l...
American Express announced the launch of Amex Business Link, a business-to-business payment system that enables Amex customers to offer their bus...
Players’ Strategy UNITED KINGDOM – Curve opened their capital to large audiences for a short while via the crowdfunding platform CrowdCube....
FACTS On the occasion of the Web Summit held in Lisbon, the British FinTechs TransferWise and GoCardless announced a partnership.
FACTS The global interbank messaging network SWIFT starts an EU-wide cross-border instant payment trial on their gpi service through TIPS p...
In roughly three months, businesses will be able to pay in real time in the entire Eurozone using the ECB’s real-time settlement infrastructure. ...
By way of facing competition on the mobile payment sector, Bancontact and Payconiq Belgium just announced their merger. The Belgian domestic card...
The National Payments Corporation of India (NPCI) carries on developing RuPay, the Indian “Not for profit” payment system designed to rival large...
Founded in 2009 to help companies migrate their domestic direct debits to the European SEPA standard, the payment service provider SlimPay, a spe...
The major mobile carrier China Mobile (667 million subscribers) and the Chinese domestic card scheme China UnionPay have partnered to work on the...