Search Results for: Global Payments
Silicon Valley Bank and First Data launch fintech accelerator
April 11th, 2017
Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, and First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced their collaboration on Commerce.Innovated., an accelerator designed to help commerce, payments and fintech ...
Eurosystem eMoney Institution license granted for ISXPay™
April 6th, 2017
iSignthis Ltd (ASX : ISX) (the Company) is pleased to advise that its subsidiary, iSignthis eMoney Ltd, trading as ISXPay™, has been granted an eMoney Institution (EMI) License #115.1.3.17 by the Central Bank of Cyprus (CBC). eMoney Institution License ...
Virtual cards could displace cheques in the travel market
April 6th, 2017
With the B2B virtual card market estimated at more than $95 billion in gross spending in 2016, payment providers would do well to target the travel sector, which represents the largest single vertical volume of that spending, according to ...
US grassroots coalition calls for end to FATCA
March 27th, 2017
A coalition of 23 US taxpayer protection and grassroots organisations is campaigning for the repeal of the Foreign Account Tax Compliance Act (FATCA), labelling the regulations ‘unacceptable and un-American’ on the grounds they fail to tackle tax avoidance by ...
People can pay for things using anything they wear via the CCP
March 27th, 2017
Samsung Electronics, a world leader in advanced semiconductor technology, today announced the launch of the “Contactless Companion Platform (CCP)” together with its ecosystem partners, Smartlink and Ingenico, built with its industry leading dual interface smart card chip for multiple ...
ECB published overview of economic and monetary developments
March 25th, 2017
Overview At its monetary policy meeting on 9 March 2017, the Governing Council concluded that a very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium ...
SafeCharge published Year 2016 results; What revenues expect in 2017
March 21st, 2017
SafeCharge, an advanced payment technologies company, has issued today a press release to announce its results for the year ended 31 December 2016. Strong financial performance, platform development and focus on high quality customers sets foundations for stronger future ...
The FinTech in Mena region
March 17th, 2017
Fintech (financial technology) is gaining traction globally and has already arrived in the Middle East and North Africa (Mena). Financial technology describes tech-enabled products and services that improve traditional financial services. They are faster, cheaper, more convenient or more ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
Bitcoin could hit $3,000 by the end of the year after recent rally: Analyst
March 11th, 2017
The price of bitcoin could hit $3,000 by the end of the year after recently trading above gold and hitting a fresh record high, an analyst told CNBC on Tuesday. A rise on this scale would represent a near ...