Monzo, the U.K. challenger to traditional banks, has reportedly disabled card payments after having an issue with a supplier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Secure financial messaging services provider SWIFT announced Thursday that 22 additional global banks had joined its blockchain proof of concept (PoC). The PoC is designed to validate whether the technology can help banks reconcile international nostro accounts in real time. Get the Full Story Complete...
First Data Corporation, the commerce-enabling technology and CardConnect, a payment processing and technology solutions provider, announced Thursday (July 6) the successful completion of First Data’s tender offer to purchase the outstanding shares of CardConnect common stock for $15 per share in cash Get the Full...
Omise, a fintech startup headquartered in Thailand, has raised $25 million in new financing via a coin offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Valitor, a Fintech payment service company announced Wednesday (July 5) the acquisition of Chip & PIN Solutions, a U.K. card-based payment provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Open Banking, the U.K. bank-funded entity that was mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation. Get the Full...
Alipay, Ant Financial Group’s payment platform, announced Wednesday it had inked a Memorandum of Understanding (MoU) with Han Feng Inc., a food supplier for Chinese restaurants and supermarkets in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Falling sterling and growing digital payments make not-so-strange bedfellows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Whether it’s waiting for a paycheck to show up in the bank or accidentally making a charge on a company card rather than a personal one, payment method and online pay accidents are bound to happen to everyone. Get the Full Story Complete the form...