SWIFT announces the launch of a Proof of Concept (PoC) to explore whether distributed ledger technology (DLT) can be used by banks to improve the reconciliation of their nostro databases in real time, optimising their global liquidity. Under the current correspondent banking model, banks need to monitor the funds in their overseas accounts via debit
SWIFT announces the launch of a Proof of Concept (PoC) to explore whether distributed ledger technology (DLT) can be used by banks to improve the reconciliation of their nostro databases in real time, optimising their global liquidity. Under the current correspondent banking model, banks need to monitor the funds in their overseas accounts via debit
The UAE became the first overseas market to open CUP Cloud Services in 2017. Mumbreq Bank, the United Arab Emirates, will make available all 15 million POS terminals that will receive pay-as-you-go payments in the next six months, the company said in a statement. The latest data show that there are 40 million overseas POS
The UAE became the first overseas market to open CUP Cloud Services in 2017. Mumbreq Bank, the United Arab Emirates, will make available all 15 million POS terminals that will receive pay-as-you-go payments in the next six months, the company said in a statement. The latest data show that there are 40 million overseas POS
Wirecard has secured Festo as a customer: the expert in electric and pneumatic automation technology has turned to Wirecard, a leading payment service provider, to handle credit card processing for its online shop in France. Since mid-December, French customers of Festo have been able to pay online for their products using a credit card. Wirecard
With more than 68 million UnionPay cards issued outside mainland China, UnionPay International is devoted to providing exclusive UnionPay card products for specific user groups. It is learnt that, since this year, UnionPay International will start rolling out Asia Theme Card in markets outside mainland China to offer new payment options for business travelers who
Diebold Nixdorf, a leading provider of innovative self-service solutions to top retailers, is showcasing a new self-checkout concept for the retail market. At just under 10 inches (25 centimeters) wide, the new Extreme Self-Checkout Concept is just one and a half times the width of a dollar bill and fits perfectly in any environment. With
Diebold Nixdorf, a leading provider of innovative self-service solutions to top retailers, is showcasing a new self-checkout concept for the retail market. At just under 10 inches (25 centimeters) wide, the new Extreme Self-Checkout Concept is just one and a half times the width of a dollar bill and fits perfectly in any environment. With
Cellum welcomes plans by the Hungarian National Bank to introduce a national instant payments system to enable faster and more convenient transactions in the country. The company expects the new platform to mobile payment services even more attractive. Instantaneous and secure payments are already a reality with Cellum’s technology, but are currently limited to using
VTEX has announced a strategic partnership with Adyen that will support the reach of e-commerce businesses as they expand into the global market. Adyen, known worldwide as the leading payments technology company facilitating global commerce, adds additional versatility to the already powerful VTEX name as they continue to offer better services in the international commerce
