PAYTECH

ALL PAYTECH NEWS

GoCardless is getting a new Chief Revenue Officer to develop corporate space

GoCardless, the UK-based fintech company that helps companies process recurring payments, has hired a new Chief Revenue Officer (CRO). Even Walser has the task of …

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Mastercard signs debit card contract with First Direct

First Direct has signed a multi-year debit card contract with Mastercard that will switch from Visa in early 2021. First Direct is switching from Visa …

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Buyer’s Guide to Modern Web Scale Backup and Restore

There can only be a few areas of current IT technology that are more important and more innovative than backup and recovery. While the need …

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China expands the experiment with digital currencies to big cities

China’s prototype digital currency launches in Beijing, Shanghai and Hong Kong as authorities experiment with the new payment method. China’s digital currency has accelerated since …

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The BaFin employees increasingly traded in Wirecard shares

Employees of the German financial supervisory authority BaFin increasingly traded in Wirecard shares in the months before paytech went bankrupt. In the first half of …

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Live webinar: The role of digital identity in a physically distant world

The global pandemic brings with it the need for an effective digital identity as physical distancing measures are imposed worldwide. Remote access to financial services …

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PayActiv raises an Eldridge-led Series C financing round valued at $ 100 million

PayActiv, a US-based payroll integration company, has secured $ 100 million through its Series C funding round. The round comes less than a year after …

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Form3 receives investments from major UK banks

Cloud payments company Form3 has raised $ 33 million in a strategic investment round. Form3 has now raised more than $ 55 million in funding …

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The highway payments

Any chief technology officer (CTO) in a financial institution large or small will tell you that the challenges involved in processing payments are the same. …

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FXPress approves the acquisition of Avila House

FXPress Payment Services has entered into an agreement to acquire the e-money institution Avila House. FXPress claims to process £ 600 million worth of foreign …

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The Nationale Sparkasse chooses the ACI Worldwide risk technology

Sri Lanka-based National Savings Bank (NSB) selected ACI Worldwide and its payment risk management solution. The National Savings Bank has 255 branches across Sri Lanka …

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Mastercard works with AlRaedah Finance on payments for Saudi SMEs

Mastercard has signed a Memorandum of Understanding (MoU) with AlRaedah Finance. This will allow a payment solution for small and medium-sized enterprises (SMEs) to be …

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TransferWise goes global with the Mastercard partnership

TransferWise has expanded its card issuing partnership with Mastercard to include cards in any market where the latter is accepted. TransferWise claims to have issued …

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Triodos Bank signs ATM outsourcing contract with Cardtronics

Netherlands-based Triodos Bank has outsourced the management and operation of its Spanish ATM network to Cardtronics. Triodos Bank has around 721,000 customers across Europe The …

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iSignthis files AUD 264m against Australian Securities Exchange

Electronic money and payments firm iSignthis has filed a damages claim worth AUD 264 million ($188m) against the Australian Securities Exchange (ASX). iSignthis accuses ASX …

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Wirecard verkauft Vermögenswerte in Brasilien an PagSeguro

Wirecard hat einen Vertrag über den Verkauf seiner Aktivitäten in Brasilien unterzeichnet Reuters. Der Insolvenzverwalter teilte der Presse am 21. August mit. Grundsätzlich wurde vereinbart, …

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2020 PayTech Awards online hosted by Zoe Lyons

This year’s PayTech Awards will be broadcast online on September 10 at 3:30 p.m. BST. We’re thrilled to announce that the ceremony will be hosted …

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Creating a truly cashless society

The future of payment transactions has long been touted as cashless. During the COVID-19 crisis, that shift to a cashless future became a reality and …

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MoneyGram signs remittances deal with Airtel Africa

MoneyGram International has signed a new partnership with telecoms firm Airtel Africa to allow the latter’s customers to revive mobile wallet payments. The deal is …

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Bank of Baroda credit card subsidiary picks Fiserv’s FirstVision

Bank of Baroda’s credit card division has selected Fiserv and its FirstVision system. BFSL plans a range of new card products BOB Financial Solutions Limited …

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