ePayments is preparing to relaunch but there will be no crypto or peer-to-peer payments. The ePayments online money transfer platform is restarting services following a seven month suspension – and notably absent this time around is support for cryptocurrencies. ePayments is a global money transfer service that boasts over 1 million accounts and has issued […]
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Payment system ePayments has been halted by the FCA for about a week now, and all accounts remain suspended. Does crypto have anything to do with it? On Feb. 11, ePayments Systems Ltd, a United Kingdom-regulated electronic money institution, suspended all online payment activity at the request of the Financial Conduct Authority, the local regulator. […]
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UK regulator FCA has suspended ePayments operations due to anti-money-laundering controls, freezing a million accounts. EPayments Systems Ltd, a United Kingdom-authorized electronic money institution, must suspend online payment operations due to the Financial Conduct Authority’s anti-money-laundering (AML) procedures. EPayments has released a short statement on its website and has sent out emails to its customers […]
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Welcome to The Axis, your late look at payments news from around the world. Coverage includes Global Payments’ tie-up with Alipay to serve Chinese tourists in the U.K. In addition, Grab and Fave are teaming up through a strategic partnership in Asia, and KKR and Tencent plan to invest in Voyager Innovations in the Philippines. Global Payments is […]
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For years, B2B FinTech players have pressed businesses to adopt electronic payments. With adoption rates now rising, accounts payable (AP) departments have improved their positions within the enterprise as strategic functions, with the potential to offer greater insight into company operations. However, adopting electronic payments is only the beginning. After the checks have been ditched, […]
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