BayPay Members Blogs

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Big Lots Slays the Holidays


The discount retailer enjoyed a jolly end to 2018 beating its Q4 forecast thanks in part to its store of the future remodels and new marketing approach. Hear the details and...
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Why Kroger Struggles to Make Money From Digital




Kroger has committed to building 20 customer fulfillment centers, powered by Ocado, to accelerate its ability to provide customers with anything, anytime and anywhere. Related Content Kroger Widens Payment Landscape with...
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Bank of England takes action over Visa outage

The Bank of England is to take supervisory action against Visa following a widespread outage last year that disrupted payments for millions of shoppers across Europe. More than five million...
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State Bank of India selects FSS for digital payments

(The Paypers) State Bank of India (SBI) has chosen Financial Software and Systems (FSS) to implement its “One Nation, One Card” programme for digital payments. Original link
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German savings marketplace Raisin acquires MHB Bank

(The Paypers) Germany-based savings marketplace Raisin has announced the ccquisition of MHB Bank , its long-time servicer. Original link
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Originate-and-distribute model can close trade finance gap - white paper

(The Paypers) Trade Finance Distribution Initiative has published a whitepaper on the of the originate-and-distribute model to transform the trade finance sector. Original link
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Digatrade to boost fintech security with Securter

(The Paypers) Digatrade has executed its agreement with Securer , a company that is developing a patent-pending credit card payment platform to boost security of online credit card payment processing. Original...
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Soldo gets e-money licence from the Irish central bank

(The Paypers) Soldo , the London-based fintech, has received an e-money licence from the Irish central bank, in preparation for Brexit. Original link
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Mastercard contactless cards to be used in public transportation in Singapore

(The Paypers) Mastercard has announced that commuters in Singapore will be able to use their Mastercard contactless card or mobile phone to pay for public transportation from April 2019. Original link
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Central Bank plans to introduce instant payment system in Azerbaijan

(The Paypers) The Central Bank of Azerbaijan has announced plans to introduce a system of instant payments in the country. Original link
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National Settlement Depository signs up for SWIFT gpi

(The Paypers) National Settlement Depository (NSD), Russia’s central securities depository (CSD), has signed up for SWIFT ’s gpi service. Original link
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Women in Payments and Finance: Championing women across the global ecosystem

With International Women’s Day 2019 upon us, banks around the world are celebrating females in finance and addressing the scarcity of women heading up global corporations and institutions. Finextra Research...
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Philadelphia bans cashless stores

Philadelphia has become the first major US city to ban cashless stores and restaurants in a move designed to end discrimination against the unbanked. According to the Wall Street Journal,...
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UK PSPS get nod for post-Brexit Sepa scheme membership

Source: European Payments Council In consideration of the expected withdrawal of the United Kingdom (UK) from the European Union the UK payment service providers, represented through ‘UK Finance’, filed an...
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Orange Bank launches Visa Premium card

Orange Bank is pursuing the enhancement of its services with today’s launch of its new Visa Premium card[1]. This follows on from the launch of the Orange Bank current...
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Custos and Babb form partnership

Disruptive venture capitalist Custos has signed a collaborative partnership deal with London fintech BABB. The partnership will support Babb in scaling and raising capital, as well as offering marketing and...
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SWIFT gpi, Cross-Border Payments for the Digital World

Why is SWIFT gpi so key for cross-border payments? SWIFT gpi is not a one-off delivery or by any means static – it is the payments community pushing ahead and developing additional features on top of the interbank network. With ...
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Top Tech Considerations When Implementing Selling Direct to Consumers


Retailers hoping to apply existing technology to direct-to-consumer (DTC) will quickly learn it won’t suffice. When considering DTC, it’s important to review these three things. Original link
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Charlotte Russe To Close All Stores


The apparel chain is closing all or its 400-plus doors and is liquidating its assets. Hear the latest. Original link
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Wirecard enhances SDK suite

Wirecard, the global innovation leader for digital financial technology, has announced enhanced software development kits (SDKs) for mobile in-app payments and is a further step closer to making its vision...
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