ABN Amro live with Temenos payments tech in Hong Kong

November 20, 2019 at 01:14PM ABN Amro in paytech project Temenos ABN Amro’s Hong Kong location has gone live with Temenos’ paytech offering, Temenos Payments, as part of the product’s global roll-out. Temenos Payments is already installed at ABN Amro’s subsidiaries in Germany, UK, Belgium and Australia, supporting the bank’s corporate banking business for high-value … Continue reading ABN Amro live with Temenos payments tech in Hong Kong

Corporate payments struggling to catch retail innovation

November 20, 2019 at 09:30AM The world of corporate payments will struggle to catch up to its faster-moving customer-facing cousin and may never manage to reach the same levels of innovation. Corporate payments has different priorities to retail That’s according to Currencycloud’s CMO and head of product Todd Latham, speaking to FinTech Futures about the … Continue reading Corporate payments struggling to catch retail innovation

HSBC’s US businesses can send real-time payments, bank launches global CX programme

November 20, 2019 at 09:00AM HSBC Bank USA has launched a new real-time payments capability this week which will  give business customers the ability to send as well as receive payments in real time. HSBC’s new Carle Place branch in New York Leveraging the RTP network developed by The Clearing House (TCH) and HSBC, US … Continue reading HSBC’s US businesses can send real-time payments, bank launches global CX programme

BRICS nations aiming for common payment system

November 20, 2019 at 06:00AM BRICS, the association of five major emerging markets – Brazil, Russia, India, China and South Africa – will back the development of a common payment system. The BRICS countries want to reduce a reliance on USD Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), has said that integrating … Continue reading BRICS nations aiming for common payment system

The Clearing House adds HSBC and Wells Fargo to its real-time payments network

November 19, 2019 at 07:07PM The Clearing House‘s real-time payments network is quickly picking up new bank partners, with Wells Fargo and HSBC joining it to support business transactions this week. Both banks’ corporate and business clients can now send and receive real-time payments through the network. Steve Ledford, senior vice president of products and … Continue reading The Clearing House adds HSBC and Wells Fargo to its real-time payments network

Facebook beefs up e-commerce capabilities with digital payment wallet

November 18, 2019 at 05:18PM Facebook is adding a digital payment method to its platform, a move which will facilitate retail transactions, and ultimately nudge customers to stay within its ecosystem. Facebook Pay, which was announced last week, will link to most credit cards and debit cards, much like Amazon Pay and Venmo. Users will … Continue reading Facebook beefs up e-commerce capabilities with digital payment wallet

Business payments platform Bill.com set to raise $100m in IPO

November 18, 2019 at 10:33AM Intelligent business payments platform Bill.com aims to raise $100 million in an initial public offering (IPO), according to a recent filing with the US Securities and Exchange Commission (SEC). Underwriters listed for Bill.com’s IPO include Goldman Sachs, Bank of America (BofA) Securities, Jefferies and William Blair. Pricing terms have not … Continue reading Business payments platform Bill.com set to raise $100m in IPO

[Discussion] What secured cards are the most consistent with upgrading you to an unsecured card after good payment history and credit increase?

November 16, 2019 at 10:39PM Basically, I want a secured card that is best in giving me the opportunity to get their unsecured card after I've proven myself. For example people have said they've had their Wells Fargo card for years after proving themselves and still never got upgraded, but that having a checking account … Continue reading [Discussion] What secured cards are the most consistent with upgrading you to an unsecured card after good payment history and credit increase?

[Discussion] Been scammed. If I close my account with one bank and open a new one with a completely different bank, will there be any chance of automatic debit payments to this scam company transferring over?

November 15, 2019 at 04:41PM I have a problem with a scammer dummy company that’s taken out $75 from my current account. That was with one card, so I closed that card entirely, but for some reason I got charged the same amount from what I think is the same company but on my other … Continue reading [Discussion] Been scammed. If I close my account with one bank and open a new one with a completely different bank, will there be any chance of automatic debit payments to this scam company transferring over?

JP Morgan signs commercial card deal with Boost Payment Solutions

November 15, 2019 at 06:00AM JP Morgan has signed a deal with card acceptance firm Boost Payment Solutions which will see the latter provide payment processing technology. Boost will add STP to JP Morgans commercial business Boost Payment Solutions will underpin JP Morgan’s Single Use Card Accounts (SUA) program, as well as a selection of … Continue reading JP Morgan signs commercial card deal with Boost Payment Solutions