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ACE Cash Express Raises Over $155,000 to Help the Homeless Across the United States

During the month of May, Populus Financial's ACE Cash Express stores raised $55,599 for Back on My Feet through ACE's annual fundraising event, the Give A Little Campaign. Populus Financial Group also made an annual corporate donation of $100,000 to the organization.

Finance's Final Frontier? British Watchdog Probes Data Sharing

Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and consumer credit to increase innovation and choice.

Biometric Payment Cards - Where Are We Now?

n 2018, we wrote: “Biometric smart cards are emerging as the next innovation in payment cards." Jump forward a year and NatWest called biometric payment cards “the biggest development in card technology in recent years” when announcing its pilot of the technology.

As Brazilian Payment Apps Multiply, Some Warn of a Shakeout

Banking apps backed by SoftBank Group Corp, China’s Tencent Holdings Ltd and others are proliferating in Brazil, offering such a dizzying array of choices that skeptics say a shakeout looks increasingly inevitable.

UN Migration Agency Will Use Blockchain Technology in Effort to Stamp out Illegal Fees Charged to Migrant Workers in Hong Kong

Diginex, a blockchain financial services and technology company, and the International Organization for Migration (IOM) – the United Nations Migration Agency – today announced the launch of a blockchain-based tool developed to prevent the exploitation of migrant domestic workers in Hong Kong SAR, China.

'Buy now, Pay later' Fintech Klarna to Enter New Markets in 2020

Klarna plans to launch in Australia and other markets in 2020 after a strong start for its ‘buy now, pay later’ service in the United States, CEO Sebastian Siemiatkowski told Reuters.

Global Financial Watchdogs Take Aim at Big Tech's Data Dominance

Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

China's Xiaomi Launches Online Lending Service in India

Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world’s biggest web services markets.

FIME Helps PAX Technology Achieve First Automated Mastercard Test Equipment Interface POS Compliance

FIME has performed the first automated Mastercard Test Equipment Interface (TEI) Level 2 payment terminal compliance test. Point of sale (POS) terminal provider PAX Technology fast-tracked commercial launch using FIME’s test tool and laboratory services. The automated process helped PAX Technology to reduce costs, development and compliance times by up to 50% for this and future projects.

Visa and MFS Africa Team on Digital Payments

Visa is joining forces with MFS Africa to simplify remittances and expand global e-commerce across Africa.

Diginex joins Microsoft’s ScaleUp Program 2019 to Deliver Enterprise Value to Clients

Diginex, a blockchain financial services and technology company, has been selected as part of the Microsoft ScaleUp program. This exclusive 2-year program is designed for high-growth companies to leverage Microsoft’s expertise, scale their businesses and further deliver enterprise value to their clients.

Authorised Push Payment Fraud: The perfect storm that devastates lives

The rise of Faster Payments networks and growing customer expectations of a smooth if not friction-free banking experience is creating the ideal conditions for APP Fraud.

Mastercard Invests in Doconomy to Offer Cardholders CO2 Emissions Tracker

Announcing at the COP25 climate summit in Madrid, Mastercard has extended its collaboration with Swedish fintech Doconomy to offer cardholders carbon footprint tracking based on purchases made through the Bank of Åland’s cloud-based Åland Index.

Leading FinTech firm Thunes Clinches Payments License in Singapore

New regulatory approval extends Thunes’ licensing reach to enable further global expansion across Asia region

Revolut Launches GBP Direct Debit for European Clients

This new feature allows customers to make their regular GBP Direct Debit payments straight from their Revolut accounts. These payments could range from paying utility bills, subscriptions, invoices or gym memberships.

Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metromile

To discuss how to leverage the value of technology to improve customer experience and deliver efficiencies, Insurance Nexus is bringing together a team of experts including Eric Spencer (Chief Claims Officer, Ameriprise), Amrish Singh (Head of Product, Metromile) and Fred Lemire (Director of Claims Adminstration, AIG) as well as our moderator Bryan Falchuk (Best-selling Author, for a live webinar, Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech‘ on December 10th at 11:00am ET.

Super Processor Chooses TAS USA’s Card Payments Platform to Accelerate Innovation

TAS USA Inc., part of TAS Group today announced that it has signed a deal with Super Processor Inc., a full-service payment processor based in Hawaii, to provide its end-to-end card payments platform, CARD 3.0 I.E., and deliver innovative issuing and acquiring functionalities to cover the entire payments value chain.

PayPal and Mastercard Extend Instant Transfer to Singapore & Europe

Through its long-standing partnership with Mastercard, PayPal is extending its Instant Transfer solution to Singapore and multiple European markets. Through Mastercard Send,™ PayPal customers can transfer funds from their PayPal wallets to their Mastercard cards in real-time

CULedger Showcases Successful Cross-Border Payment Solution, Supported by Partners R3 and Luxoft, a DXC Technology Company

CULedger, a credit union service organization (CUSO) that focuses on delivering the world’s premier network of one-to-one financial exchange for credit unions, unveiled a viable proof-of-concept version of CUPay, a highly secure electronic funds transfer (EFT) payment solution that is built on R3’s Corda blockchain platform.

Deutsche Bank Predicts Cryptocurrency Could Replace Fiat by 2030

The 'Imagine 2030' report highlights the dangers of the forces holding the fiat money system unravelling in the next decade, in turn fuelling the demand for crypto. Deutsche Bank describes cryptocurrencies as "additions rather than substitutions", but believes this may change by 2030.