BayPay Members Blogs

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German cooperative banks enlist PPI for real-time transfers

Many of the approx. 30 million private and corporate customers of the German cooperative banks will now benefit from real-time transfers. Since the end of May 2019, far more...
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EBAday 2019: A 'Universal' approach to P27 and regional payment areas

Closing EBAday 2019 with a lively debate on what is expected from fully integrated, open-access infrastructures for domestic and cross-border payments, banking executives and technology innovators discuss how regional initiatives...
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Ripple buys stake in MoneyGram

Ripple has agreed to invest up to $50 million in MoneyGram as part of a two-year partnership that will see the old-school money transfer player tap the blockchain startup's XRP...
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Xero partners Stripe on small biz payments

Xero, the global small business platform, today announced a partnership with Stripe to develop new innovations that help small businesses get paid faster, in more ways, and gain more visibility...
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Nets names Robert Hoffmann head, merchant services

As of September 2019, Robert Hoffmann, CEO of Concardis, will in addition assume the position of Head of Merchant Services at the Nets Group, with which Concardis merged earlier this...
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Dutch banks tap equensWorldline for instant payments

Seven Dutch banks have recently started to introduce instant payments using the CSM (Clearing and Settlement Mechanism) system of equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], European leader in...
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Facing Challenges Head-on in Emerging Markets

Everyone understands the travel industry by now. But maybe the geography is changing. Maybe instead of tourists from ‘established markets’ visiting ‘emerging markets’, it’s beginning to go both ways. Travel operators...
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Wirecard unveils palm scanner

Wirecard, the global innovation leader for digital financial technology, is reinforcing its position as a pioneer and trendsetter for cashless shopping solutions. Wirecard is introducing a smart payment terminal...
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Mobile Payments Security: Seven Things to Make Users Happy and Let You Sleep At Night

By Andrew Gauvin and Iurii Oliiar, Freeport Metrics If your business relies on selling anything online, payment is central to your company’s success. A web security strategy is no longer enough...
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EBAday 2019: Bleckwen scoops Fintech Zone prize

After two days of live pitches from 15 cutting-edge fintech startups from across Europe and beyond, Bleckwen has been named the 2019 EBAday Fintech Zone best in show winner and...
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J.Crew Snags Sur La Table CEO Billy May


The c-suite veteran has left his chief executive position at Sur La Table to lead J.Crew’s digital transformation as its chief customer officer. Learn more about May’s new role. Original link
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Kroger Technology Is One of the Best Places to Work in IT


Kroger again found itself among the best IT organizations for employees according to an annual cross-industry survey. See who joined the grocer on the prestigious list. Original link
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Outsourcing Hits Walmart, Retailer to Layoff Nearly 600 Headquarters Staff


The mega retailer is laying off hundreds at its Charlotte corporate offices in an outsourcing cost-cutting maneuver. Find out which departments will be affected and Walmart’s plan to ease the burden...
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When They Have a Question Sam’s Club Associates Just Ask Sam


The warehouse chain has gone live with “Ask Sam,” a voice responsive app that acts as a digital assistant for associates. Learn the details and how the new tech is turning...
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Who Are the Top Women in Grocery Tech?


The “2019 Top Women in Grocery” list once again rounds up a community of extraordinary women, this year 393 to be exact. Original link
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The Path to Purchase Institute Adds inMarket Loyalty Data to its Retailer Profiles


The leading association for the consumer goods industry will now leverage first-party location data to illustrate trends at more than 30 key retailers. Original link
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Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges....
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Newbridge provides USD 30 mln in payable financing

(The Paypers) US-based specialty finance company Newbridge has provided USD 30 mln in supply chain financing to clients in North and Latin America, Europe and Asia. Original link
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AP payments provider Finexio announces partnership with CedarCreek

(The Paypers) US-based AP payments company Finexio has announced a partnership with procure-to-pay solutions provider CedarCreek Systems . Original link
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BoE issues cyber attack warning

Banks would struggle to defend themselves against a state-sponsored cyber attack that corrupted their records over a period of months, according to a Bank of England (BoE) official. The stark...
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