PaymentsNews

On The Web

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Domains

Two Remittance Firms Go Live With Ripple-Based Payments to Thailand

February 11 2019

“Remittance firms UAE Exchange and Unimoni have gone live with blockchain-based payments using Ripple technology. Finablr, which owns the two brands, announced Sunday that “real-time” cross-border remittances using RippleNet are now live, starting with payments for its international customers to Thailand. Other destination countries are expected to be added going forward.”
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Domains

Many Consumers Report P2P Funds Availability Takes a Day or More

February 11 2019

“Answers from 693 consumers who had used a digital P2P account to receive money in the 12 months ending in 2017’s fourth quarter show that 53% of respondents said they were able to use funds within 30 minutes or less of reception. That includes some 11% of respondents who said they had their funds in less than […]
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Domains

Is this Swift’s answer to Ripple?

February 12 2019

“But lately Swift, which once considered Ripple and other tech company rivals an existential threat, has struck a more confident tone. Swift says the progress it is making with so-called global payments innovation, or GPI — technology that lets banks see where their payments are at all times, and that comes with rules around response […]
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Deals

Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

February 14 2019

“This isn’t your average multi-hundred million dollar acquisition. The deal was confirmed by WorldFirst in a note to customers while Alibaba, which curiously didn’t put out an official press release, acknowledged the acquisition to us through a spokesperson. Yet despite a relatively under-the-radar outing, the deal has potentially significant consequences. It not only underscores the strong market […]
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Domains

The Confusing World of Venmo Etiquette

February 12 2019

“Payment etiquette has always been shaped by two driving forces: the aversions to seeming cheap and to getting ripped off. The avoidance of both used to be as simple as giving someone cash the next time you saw them, or in giving the waiter multiple credit cards and dividing the bill. But in simplifying the […]

On The Wires

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Domains

ACI Worldwide Unveils New Cloud-Based, Omni-Channel Payments Capabilities for Merchants

February 11 2019

“The broadened UP Merchant Payments solution is the result of ACI’s acquisition of technology assets from providers RevChip and TranSend, a team of expert developers focused on next-generation terminal payment applications and management platforms. These new capabilities accelerate ACI’s vision of delivering merchants a next-generation, mobile-first digital payment experience in-store.”
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Domains

Atom Tickets – Buy Movie Tickets, Invite Friends, Skip Lines

February 11 2019

“Atom Tickets, the first-of-its-kind social movie ticketing app, has launched two new digital payment features and options from Google Pay and Samsung. These features expand Atom’s current integrations with other digital payment leaders including Chase Pay, Amazon Pay, and Apple Pay. Atom strives to give movie fans secure choices when purchasing movie tickets.”
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Domains

Western Union Debuts New Payment Option for Amazon.com Shoppers in Kenya

February 14 2019

“Western Union’s platform is powering Amazon’s new cross-border payment option, called Amazon PayCode, by processing the complex foreign exchange, settlement and money movement requirements for international e-commerce transactions. After selecting PayCode on the Amazon.com checkout page, customers will be sent a code, along with instructions on how to pay in person at a participating Western Union® […]