October 21, 2020 @ 2:56 pm By Samantha Hurst  |  

Global payments provider Paysafe announced on Wednesday its latest research reveals four-fifths (80%) of North American in-store small and medium-sized businesses (SMBs) that have diversified online or enhanced their card-present payment offerings during the COVID-19 pandemic have seen a positive impact. Paysafe stated the research… Read More

 Tagged covid-19, pandemic, paysafe, small business

October 21, 2020 @ 1:15 pm By Samantha Hurst  |  

  Visa (NYSE: V) announced on Wednesday after piloting Visa Tap to Phone over the past year, the financial giant is now making the product available in more than 15 markets with plans to expand to the United States and accelerate global product growth in… Read More

 Tagged expansion, global, mobile app, visa, visa tap to phone

October 21, 2020 @ 11:51 am By Samantha Hurst  |  

BBVA announced on Wednesday it has launched Aqua, a new line of “blank” credit cards, in Spain. According to BBVA, Aqua features a CVV code but does not contain card numbers (PAN) or expiration dates printed on them. BBVA noted that this concept reinforces security… Read More

 Tagged aqua, bbva, blank, credit card, fintech, spain

October 21, 2020 @ 11:31 am By Samantha Hurst  |  

LINE Corporation announced on Tuesday the launch of LINE BK, which is a “social banking” platform in Thailand. According to Line, LINE BK will connect Thailand’s “most popular” social media platform and one of Thailand’s leading banks. LINE BK was launched under the Wallet Tab… Read More

 Tagged asia, line bk, line corporation, social banking, thailand

October 21, 2020 @ 9:42 am By Samantha Hurst  |  

Nium, a global fintech infrastructure platform, announced on Tuesday it has formed a partnership with U.S. neobank Unifimoney to enhance the outbound money transfer experience for Unifimoney users. Nium further revealed that the collaboration will expand Unifimoney’s capabilities, as well as introduce real-time global payment… Read More

 Tagged global, international, neobank, nium, partnership, remittance, u.s., unifimoney, united states

October 21, 2020 @ 9:39 am By JD Alois  |  

  PayPal (NASDAQ:PYPL) has partnered with Paxos to allow users to buy, hold, sell crypto, and pay in crypto by using the PayPal wallet in a new partnership with Paxos. The decision to incorporate digital assets is another sign of corporate acceptance of digital currency…. Read More

 Tagged cambridge blockchain, charles cascarilla, dan schulman, linda lacewell, nydfs, paxos, paypal, TRM Labs

October 21, 2020 @ 8:17 am By Samantha Hurst  |  

Following the closing of its highly successful Crowdcube campaign, payments platform Wirex has announced the waitlist for its Wirex multicurrency card. Wirex reported that the card is part of its plan to become the ultimate cryptocurrency platform. The waitlist also comes just a few months… Read More

 Tagged mastercard, multicurrency, waitlist, wirex

October 21, 2020 @ 8:07 am By Omar Faridi  |  

Paulo Guedes, the Minister of Economy in Brazil, recently noted that the country is planning to join the Organization for Economic Cooperation and Development (OECD), which is an intergovernmental economic organization with over 30 member countries. The OECD aims to promote economic growth and also… Read More

 Tagged brazil, caixa econômica federal, coronavirus, covid-19, digital bank, digital banking, initial public offering, ipo, latam, virtual bank, virtual banking

October 21, 2020 @ 12:38 am By Omar Faridi  |  

UK-based Modulr, a Payments as a Service API Platform for digital businesses, has revealed that its Dublin-based entity is now licensed as an electronic money institution (EMI) by the Central Bank of Ireland. The Modulr team noted: “This is an important step in enabling our… Read More

 Tagged digital payments, dublin, emi license, EU, europe, european union, ireland, john irwin, modulr, Myles Stephenson, uk, united kingdom

October 20, 2020 @ 11:44 pm By Omar Faridi  |  

American Express (NYSE:AXP) and Coupa have announced that they’ll be expanding their existing partnership in order to bring virtual card payments to the US. According to a release, the American Express virtual Card payment option within Coupa Pay is now available globally, allowing companies to… Read More

 Tagged american express, b2b payments, coronavirus, Coupa, Coupa Pay, covid-19, digital payments, JR Robertson, trina dutta, united states, us, virtual cards, virtual payments