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Latest Results from /payments

/payments

Mastercard offers issuers open banking-based account opening

Mastercard has launched a programme that uses open banking to streamline the account opening process for some US debit and prepaid products.

/payments

Worldline slips on deteriorating outlook

Shares in French payments processor Worldline slipped in early morning trading after the company reported a net loss due to a €1.15 billion impairment charge in merchant services and a deteriorating outlook.

/payments

Klarna preps for IPO after narrowing losses

Buy now, pay later giant Klarna reports its fifth straight annual net loss while moving forward for an anticipated IPO later this year.

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American Express adds BNPL twist to credit card bills

American Express has launched ‘Plan It’ – a new offering for the UK market that allows credit card holders to pay off purchases on their statement, or a portion of their monthly bill, in instalments.

/payments

Older shoppers boost growth in contactless payments

New Consumer Spend data from Barclays’ annual contactless trends report has revealed that 2023 was another record-breaking year for ‘touch and pay’, with the fastest growth coming among the over 65s.

/payments

Enfuce secures UK EMI licence; appoints Krieger as chairman

Finnish-founded card issuer and payment processor Enfuce has secured a UK e-money licence and installed former Tide CEO and Revolut COO Laurence Krieger as chairman.

/payments

Google Pay to shut down in the US

Google is rejigging its mobile payments services again, killing off Google Pay in the US in favour of Google Wallet.

/payments

EU adopts instant payments rules

The European Council has adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries.

/payments

Lloyds forms trade digitalisation partnership with WaveBL

Lloyds has become the first UK bank to join the WaveBL electronic trade documentation platform, meaning its clients can transfer blockchain-based Bills of Lading across a network of members in 136 countries.

/payments

CAB Payments CEO steps down following disappointing LSE float

The CEO of CAB Payments is stepping down less than a year after the business-to-business cross-border payments firm's disastrous float on the LSE.

/payments

Digitisation is a priority for ESG initiatives – Paymentology

ESG has a new meaning in 2024, with more and more financial institutions becoming increasingly transparent in their sustainable principles, and governments pushing harder for green regulation within the industry.

/payments

NextGen Nordics 2024: NPC’s Camilla Åkerman on navigating payment complexities

NextGen Nordics is returning to Stockholm on the 23rd of April and we are pleased to announce Camilla Åkerman, secretary general of the Nordic Payments Council (NPC), will be joining us as our keynote speaker.