Tagged: digital payments

January 27, 2022 @ 10:01 am By Omar Faridi  |  

Amazon (NASDAQ: AMZN) has reportedly decided to backtrack on its initial plans to stop accepting Visa credit cards in the United Kingdom. The digital commerce company had been expected to stop UK consumers from using their Visa-issued credit cards for purchases via its platform, effective… Read More

January 26, 2022 @ 4:18 pm By Omar Faridi  |  

Silicon Valley Fintech Unicorn Brex and 1Password have teamed up to make online payments secure and a lot less frictionless. As mentioned in the announcement, 1Password clients may now use Brex virtual credit cards to “check out online with just two clicks.” Brex is a… Read More

January 26, 2022 @ 2:36 am By Omar Faridi  |  

Around 500,000 new merchants across the MENA region will soon be able to take advantage of seamless and convenient virtual payment acceptance via Network International’s Tap on Phone tech, which enables smartphones to serve as payment terminals. The project represents a key milestone between Mastercard… Read More

January 26, 2022 @ 1:31 am By Omar Faridi  |  

BR-DGE, the payment orchestration provider, has announced “major” growth plans for 2022, following a “substantial” follow on investment from existing shareholders in Q3 2021. Led by Brian Coburn, BR-DGE’s platform aims to streamline online payments for merchants by providing a range of payment options through… Read More

January 20, 2022 @ 11:36 am By Omar Faridi  |  

Mitch Trehan, UK Head of Compliance and MLRO at Banking Circle, has reportedly joined The Payments Association’s Advisory Board alongside other industry professionals from across the payments sector. Meeting as a team of 19 for the first time in January 2022, the Board intends to… Read More

January 18, 2022 @ 11:37 pm By Omar Faridi  |  

The team at Utrust notes that if you’ve been following them for a while, then you will know that they are “not fond of overly hyping [their] announcements.” Utrust claims that they are “focused on delivering, not fanfare.” The company writes in a blog post… Read More

January 17, 2022 @ 5:18 pm By Omar Faridi  |  

Freedom, work satisfaction and flexibility are a few of the key reasons that small business owners “take the leap” to pursue their vision, according to an update from Visa (NYSE: V). Rachelle Gonzalez, Founder of Taco Shelly’s in Bethlehem, PA, had reached a key point… Read More

January 14, 2022 @ 12:52 pm By Omar Faridi  |  

The team at Fintech company Affirm (NASDAQ: AFRM) notes that two years of living with a global pandemic have “reshaped expectations for consumers and retailers in 2022.” Affirm writes in a blog post that shoppers plan to “travel and buy new clothes, and many retailers… Read More

January 13, 2022 @ 8:27 pm By Omar Faridi  |  

Asia United Bank (AUB), one of the fastest-growing publicly listed universal banks, has teamed up with Wallyt, a virtual banking solution provider, in order to offer a card payment acceptance solution for merchants though a card QR code or link. Wallyt is a Hong Kong-headquartered… Read More

January 12, 2022 @ 10:51 am By Omar Faridi  |  

EBANX, a Latin American payments Fintech, is reportedly expanding its presence and portfolio in Mexico with the introduction of solutions focused on local online merchants. In addition to providing services to assist national firms and international platforms to expand their sales in the LatAm region,… Read More

January 12, 2022 @ 9:13 am By Omar Faridi  |  

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

January 11, 2022 @ 10:10 pm By Omar Faridi  |  

The team at Pine Labs, a digital payments firm that confidentially filed for a $500 million IPO at valuation of around $7 billion, notes that online payment methods in India have been “around for a while now and with their rising popularity, they are here… Read More

January 11, 2022 @ 12:37 am By Omar Faridi  |  

Remitly, a payments company that leverages digital channels, including mobile phones, to send money internationally, has explained how you can send funds securely to Thailand. Remitly writes in a blog post that if you’re looking for a safe way to send funds to Thailand, then… Read More

January 10, 2022 @ 12:03 am By Omar Faridi  |  

Airwallex notes that the world of e-commerce is “changing rapidly.” As consumers continue to drift away from the high street into the “outstretched arms” of digital commerce marketers, brands are “upping their game.” Airwallex writes in a report that we should no longer just show… Read More

January 8, 2022 @ 8:27 pm By Omar Faridi  |  

The team at UK Fintech Modulr has done some research in order to find out what “makes paying passengers leave, and what makes them come back.” As noted in a blog post by Modulr, digital transformation has “been on the collective agenda for years.” It’s… Read More

January 7, 2022 @ 10:40 am By Omar Faridi  |  

Ned Barker, who has considerable experience in the payments sector, notes in a blog post published by UK-based cross-border payments Fintech CurrencyCloud that remittances are one of the “single most powerful financial forces in existence today, with workers sending hundreds of billions of dollars to their… Read More

January 7, 2022 @ 10:00 am By Omar Faridi  |  

Jack Wilson, ex-FCA advisor and TrueLayer’s Head of Public Policy, notes that he’s responsible for coordinating how the firm “influences” public policy (government and regulators) to ensure the appropriate conditions for the company’s growth across the United Kingdom, European Union, internationally. A lot of the… Read More

January 7, 2022 @ 2:27 am By Omar Faridi  |  

If you’ve sent or received a payment from a friend or family member, you might have used either Zelle or Venmo to complete the transaction. These Fintech payment services enable consumers to send and receive local personal payments easily, with simply an email address or… Read More

January 6, 2022 @ 11:46 pm By Omar Faridi  |  

Indian payments Fintech Paytm says that one of things they are proud of is their 23 million merchant partners, who have chosen them for the “trusted” and secure payments experience. Paytm writes in a blog post that they’ve built their leadership in the peer-to-merchants space,… Read More

January 6, 2022 @ 11:36 am By Omar Faridi  |  

Mastercard writes in an update that the future of physical retail is “slowly making its way into your daily life.” As noted by Mastercard (NYSE: MA), you may find an example of that trend “near Section 244 at TIAA Bank Field in Jacksonville, Florida.” There,… Read More