Remittance

21 May 19 @ 08:25

SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... read more

13 May 19 @ 08:19

Visa announced it has finally acquired control of Earthport, a company that provides cross-border payment services to banks, money transfer service providers and businesses via the world’s largest independent ACH... read more

01 May 19 @ 11:02

Visa recently signed a deal enabling FIS’ clients to have access to Visa B2B Connect. The  uses blockchain to make high-value corporate payments internationally without using SWIFT. In order to... read more

29 Apr 19 @ 11:17

The Saudi Arabian Monetary Authority (SAMA), represented by Saudi Payments, has entered into agreement with Vocalink & IBM to develop the new faster payments system planned for launch at the... read more

02 Apr 19 @ 15:09

A range of pressures are bearing down on acquiring and processing businesses, including the emergence of new technologies such as faster payments and blockchain solutions – not to mention increasing... read more

25 Mar 19 @ 09:29

IBM has created a real-time, global payments network to support cross-border transactions and foreign exchange in more than 50 countries using cryptocurrencies or “stable coins.” IBM Blockchain World Wire will... read more

11 Mar 19 @ 08:49

Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement to acquire Transfast, a competitor account-to-account money transfer network. Transfast... read more

14 Feb 19 @ 14:37

Despite CEO Jamie Dimon labelling Bitcoin a fraud, JP Morgan, the largest bank in the US, has announced it has created and successfully tested its JPM Coin cryptocurrency this month.... read more

11 Feb 19 @ 09:18

Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... read more

28 Jan 19 @ 13:29

Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... read more

25 Jan 19 @ 08:57

PPRO has joined Banking Circle, the financial utility. PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has also joined Banking Circle to streamline payment reconciliation. The latest... read more

23 Jan 19 @ 11:57

Across the 33 countries covered in the European Payments Yearbook, cards in issue (+3.2%), and POS terminals by number (+7.3%) showed remarkable growth rates again while the ATM terminal estate... read more