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Rumours have it that Apple are looking to develop their own personal MasterCard credit card, through partnering with Goldman Sachs. 

The start of 2019 has already proven to be an eventful year in the payments industry. With one major game changing acquisition being announced, and a bidding war for another underway.


 

We are pleased to announce that David Earles (Commercial Director) has been appointed as Managing Director of TPN, effective from Dec 7th 2018. He will ultimately be responsible for company performance taking over from Noel Preston, who will move to the role of Chairman. 
 

The use of cash fell by 15% last year with 13.1 billion cash payments being made. In comparison to the 13.2 billion debit card payments made, an increase of 14%. It is said that the advancement in contactless technology has contributed to the takeover, with 5.6 billion contactless payments being made in 2017. 

Visa and Mastercard are combining services to make a one click e-commerce payment button. In the hopes that they can compete with the likes of PayPal and Amazon.



 

We are all familiar with modern FinTech companies offering digital cards and wallets. But there is no denying that the use of card is by far the most popular choice and accounts for 99.999% of transaction. Old habits die hard. 
 

Thanks to PSD2 and Open Banking companies can now spend more time focusing on their clients and specialising in their companies’ products, whilst partnering with other companies to provide a variety of new services.

In an attempt to educate children to manage their finances and with the rumoured cashless society becoming more inevitable Greenlight have lauched a child safe debit card. 

 

First eBay announced that PayPal would evolve into its own publicly traded company by mid-July 2015. Now eBay’s latest announcement is that by 2021 it expects to have transitioned the majority of its marketplace customers to its new payment platform Adyen. 

Under new regulations all surcharges have been banned as of the 13th January 2018. Enforced by the Trading Standards, retailers who don’t comply could face civil enforcement actions. Previously costing UK citizans £166 million a year.

Wishing all of our clients and candidates a Merry Christmas and a Happy New Year.

We will be on Christmas shut down from Thursday 21st December – Tuesday 2nd January.

Open banking is becoming exceedingly in demand, especially with the Competition and Market Authorities (CMA) compelling all 9 major current account provider to offer open banking by the 13th January 2018. 
 

ATM's are advancing with the financial technology revolution and growing in popularity. New features have been introduced already across the US and Switzerland, they are soon to be expected in the UK and the rest of Europe. 

Closing the gender gap in the financial world has become a huge priority. Innovative Finance are pushing for this revolution, but not without forgetting to celebrate the huge success women have already managed to achieve in the FinTech industry. 

Through our new and exciting partnership with Purple Partners, we have opened the doors to offer consultancy  
in more diverse and specialised areas including: project delievery and supply chain services.  

Here at TPN we are delighted to announce the appointment of Dominique Mobbs as a Recruitment Consultant. Dominique previously worked for TPN as the Officer Manager, but has shown great abitious and enthusiasm for recruitment.  

TPN Recruitment has joined Purple Partners in a strategic partnership. Purple Partners are a significant player in the outsourced managed project and program delivery specialism, and will assit TPN in offering an IT knowledge with in the finance sectors.

Peer-to-Peer Payments launching in the UK over the next few weeks. Originally released in the United States back in 2015, Facebook have made the leap and extended the revolutionary concept into another country and currency for the first time. 

We are delighted to confirm the appointment of David Earles as Commercial Director of TPN Recruitment. David has played a key role in TPN's Business Development and Relationship Management for the last 4 years. 

Traditional banks have a huge customer base and most importantly have customer trust along with high reputations. But, is this enough to secure them in the future? Can they retain customer loyalty? Or will the FInTech challenger banks take over?

TPN Recruitment is delighted to announce a exciting strategic partnership with Purple Partners. The partnership enables our clients and candidated to benefit from the expertise and professionalism in both companies. 

TPN is pleased to announce that Richard (Dicky) Davies has joined the board as a Non-Executive Director, effective 12th September 2017.  Dicky was most recently Business Development Director for Lowell, the Leeds-based debt purchase group, and previously held senior roles with Visa Europe, Barclaycard, BZW and the LEK Partnership.  Dicky brings with him a wealth of commercial, financial and management experience.  In addition to taking a seat on the Board, Dicky has also made a strategic investment into TPN.

 

Tesco has announced new improvements to Clubcard, the retailer’s loyalty points card. The changes include the launch of a new contactless card which enables customers to tap their card at the checkout to add their points.

 

WorldRemit, the leading digital money transfer service, has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts.

WorldRemit currently sends money to more mobile money accounts than any other operator in the world. The company enables migrants to send money from their smartphones to the mobile phones of the people they love, in over 140 countries to be paid out in cash, paid into a bank account or into a mobile money account.

Alice Newton-Rex, VP of Product at WorldRemit, comments: “Currently 60% of WorldRemit app users are on Android, which is also by far the most popular mobile operating system in the developing world, where two billion people are still unbanked, but critically half a billion use their mobiles as a bank account.”
 

HSBC Commercial Banking announced the launch of the HSBC Connections Hub; a digital platform designed to enable business customers to leverage HSBC’s global network to connect with trusted buyers and sellers around the world.

Richard Davies, Global Head of Propositions for HSBC Commercial Banking, said: “Researching and connecting with new business partners can be a daunting task, and one that gets harder with distance. We have designed the HSBC Connections Hub to help break down barriers for companies of all sizes that aspire to forge new business relationships at home and overseas. Every business interacting through the Hub is an HSBC customer, giving users confidence that they already have one practical connection in common.”

TPN's Commercial Director Nick Shirtcliffe is taking part in a 50 hour bike ride to raise money for Sands - The stillbirth and neonatal death charity.

The UK's Payment Systems Regulator and the Bank of England have agreed a framework for the consolidation of Bacs, the Cheque and Credit Clearing Company and the Faster Payments Scheme.The delivery plan, put forward by the independent Payment System Operator Delivery Group, aims to reduces the complexity and costs of having three separate retail payment system operators (PSOs). The unified entity would also become responsible for the next stage of the development of the New Payments Architecture (NPA), an industry-led initiative that aims to increase competition and resilience as well as enhance innovation across the payments and banking industry.

 

​The UK treasury is set to roll out a new £1 coin in late March which it claims is the most resistant to counterfeiting ever produced.

On December 5th, Amazon announced a new store concept called Amazon Go, which introduces a completely checkout-free shopping experience.

Verifone (NYSE: PAY), a world leader in payment and commerce solutions, has today announced a partnership extension with Worldpay, a leading payments company with global reach.

Contractor and interim workers have become a critical part of many workplaces, and contracting has become a career choice for many job seekers.
 

NatWest, Worldpay and Thyngs have partnered with the Royal British Legion to introduce contactless and mobile donations to Poppy Appeal.

Out of 212 applicants, Dave secured one of 5 places to run the London Marathon 2017 for Cynthia Spencer Hospice, a charity which is close to many of our hearts at TPN. Cynthia Spencer Hospice provides specialist palliative care services for South Northamptonshire. The cost of running the hospice is over £2.4 million, a large part of which comes from the generous support of local companies and individuals throughout the county. To learn more about Cynthia Spencer, please visit their website: http://www.cynthiaspencer.org.uk/about

When preparing for a job interview it can be quite stressful and perhaps even slightly daunting to some. But do not fret, interviews are not half as scary if you do your homework and prepare as much as possible!