August 28, 2024 @ 7:30 am By Omar Faridi  |  

PayJunction, a tech-focused payments company, announced it has added Text to Pay capabilities to its No-code Payments Integration, Virtual Terminal, and API. The new feature enables businesses “to seamlessly and securely implement Text to Pay into current invoicing workflows, enabling them to accept customer payments… Read More

 Tagged apis, integration, no-code, payjunction, payments

August 28, 2024 @ 7:27 am By Omar Faridi  |  

New figures published today from KPMG UK’s mid-year Fraud Barometer show that money laundering has been the most common fraud type by value in the last six months. Nine cases have been heard in UK Crown Courts collectively “worth £128.2 million so far this year.”… Read More

 Tagged fraud, kpmg, money laundering, research, uk, united kingdom

August 28, 2024 @ 6:12 am By Omar Faridi  |  

TIAA, which claims to be the largest U.S. provider of lifetime income, announced a strategic partnership with Accenture (NYSE: ACN) to accelerate the transformation of TIAA’s retirement recordkeeping capabilities and operations. The agreement capitalizes on the strengths of “both organizations to provide next-generation technologies and… Read More

 Tagged accenture, income&, retirement, TIAA

August 28, 2024 @ 4:45 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a strategic and exclusive partnership with Workamajig, an agency management software for the creative industry. AvidXchange will be the exclusive, “embedded provider of invoice automation… Read More

 Tagged accounts payable, avidxchange, payments, workamajig

August 28, 2024 @ 4:11 am By Omar Faridi  |  

Verge Mobile, a T-Mobile partner, marks five years of partnership with DailyPay – a worktech company and provider of earned wage access. Dedicated to providing its employees with the best workplace experience, Verge Mobile had reportedly “implemented DailyPay’s financial wellness benefit in August 2019.” Operating… Read More

 Tagged dailypay, earned wage access, ewa, payments

August 28, 2024 @ 3:22 am By Michael Wong  |  

The Reserve Bank of India (RBI) has announced tightened regulations for peer-to-peer (P2P) non-bank lending platforms, effective immediately, in response to some entities’ violations of the 2017 guidelines. The move aims to enhance transparency and ensure stricter compliance with regulatory standards, addressing concerns that certain… Read More

 Tagged india, online lending, p2p, reserve bank of india

August 27, 2024 @ 10:13 pm By Omar Faridi  |  

Research by global small business platform Xero has uncovered payment convenience is key for Kiwi consumers, but key barriers such as expensive fees are turning off small businesses from embracing new digital methods. Xero’s latest report ‘I want to pay that way’, delves into the… Read More

 Tagged new zealand, payments, research, small businesses

August 27, 2024 @ 10:11 pm By Omar Faridi  |  

The PhonePe Group reported revenue of INR 5064 Cr for FY23-24 (fiscal year ending March 31, 2024) which represents 74% top-line growth from FY22-23 revenue of INR 2914 Cr. The Group also reported “an Adjusted Profit After Tax (i.e., PAT excluding ESOP costs) of INR… Read More

 Tagged fintech adoption, payments, PhonePe

August 27, 2024 @ 10:10 pm By Omar Faridi  |  

SIX and Diebold Nixdorf are entering into a cooperation to secure the long-term cash supply in Switzerland through innovative approaches. The digitalization of payments is progressing rapidly, and cash and cash supply “are adapting to market changes.” In Switzerland, cash continues to be highly valued… Read More

 Tagged Cash Transactions, diebold nixdorf, six, switzerland

August 27, 2024 @ 4:07 pm By Omar Faridi  |  

KOHO claims that it has always built products that help Canadians make financial progress. Now, with the launch of Rent Reporting, KOHO is “making healthy credit more accessible to all.” New and existing KOHO members “who pay rent through KOHO will have rent payments reported… Read More

 Tagged credit history, koho, payments