Cross-border paytech PingPong Payments nabs UK EMI licence
With the licence, PingPong Payments will be able to offer its services to customers across the UK and Europe.
With the licence, PingPong Payments will be able to offer its services to customers across the UK and Europe.
With the new solution, both firms aim to “simplify the disjointed payments landscape” in the Nordics and UK.
Ross joins from HR and payroll software firm Ceridian and has previously worked at Green Dot and American Express.
The company is conducting a review as it looks to “transition away” from its previous long-term strategy.
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P27 says “new requirements and regulations” have challenged its operating model.
The joint venture is expected to be operational by 2025.
Greenpeace will use Nexi Greece’s tokenisation solution to obscure sensitive payment data.
The consortium is made up of CVC Capital Partners and global tech investment firm Francisco Partners.
Pidgin’s CEO says the demand for real-time payments is growing “among consumers and businesses alike”.
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The Banking Scene Conference 2023 Brussels will take place on Tuesday 16 May.
Paynetics was previously operating in the UK under the FCA’s Temporary Permission Regime.
The bank’s clients will now be able to utilise ACH, wire transfer and real-time payments.
PhonePe has received the new funding from returning investor General Atlantic.
Cheng has served as interim CEO for Wyre since January 2023.
Visa has partnered with PayPal and Venmo to trial the new service.
BNP Paribas Cash Management will deploy Worldline’s Account Validation solution.
The French bank plans to offer payment services for large corporates entering the B2B marketplace arena.
The company raised £1.5 million in a seed funding round last year.
The UK’s Payment Systems Regulator has published its key aims, activities and budget for the next year.
Mavroyiannis joins from Greece’s Piraeus Bank, where he led the operations and technology arms of the business.
The Malaysian payments platform plans to boost its global expansion and further develop its tech.
Launched in 2021, Wellet is a card payment app that uses similar technology to UTP Group’s Tapeeno.
US Bank and Kyriba clients can now send instant payments to vendors, customers and employees.
With the new investment, Peach Payments plans to expand across new markets in Africa.
With the new funding, TerraPay plans to expand its services in Latin America and the MENA region.
The partnership will enable people and businesses in Africa to receive real-time payments from Nigeria.
In his previous role, Bring served as CCO at paytech Nuvei.
Carroll, who was previously chief product officer at Experian, has more than three decades of industry experience.
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The Series A follows a pre-seed funding round held last year, when it raised £5 million.
Founded last year and based in Puerto Rico, FUEX Payments operates in the Caribbean and Latin American markets.
Apple has launched a pre-release version of its BNPL offering to a select number of customers.
The funding was disclosed in a recent filing with Singapore’s Accounting and Corporate Regulatory Authority.
Visa has reportedly submitted a bid of $1.4bn after an initial offer of $1bn was rejected by Pismo.
Phos enables merchants to accept payments directly from NFC-enabled Android devices.
The firm plans to roll out its business payments, expense management and current account products throughout Europe.
It says many firms present “an unacceptable risk of harm” to their customers.