Tagged: digital transactions

Regtech Silent Eight and HSBC to Implement Automated Alert Closure for Transactions

Silent Eight, a Regtech firm specialising in partnering with major financial institutions to drive efficiency, increased accuracy and adaptability within their financial crime programs, announced the expansion of its relationship with HSBC to “implement Automated Alert Closure for Transactions automates investigation and resolution of alerts… Read More

Oliver Wyman to Acquire Innopay, a Firm Enabling Digital Transactions

Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), announced that it has reached an agreement to buy Innopay, a consultancy firm specialized in digital transactions. Innopay will complement Oliver Wyman’s existing payments consulting capabilities. Terms of the transaction,… Read More

Fintech Klarna Enters Subscription Market with Launch of Klarna Plus in the United States

Klarna, the AI powered global payments network and shopping assistant, announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app “for a monthly fee of $7.99.” Klarna Plus… Read More

KuCard, a Crypto Debit Card, to Support Apple Pay Transactions

KuCard, which claims to be among the first crypto debit cards introduced by KuCoin, a crypto exchange, is bringing its customers Apple Pay, a more secure way to pay. Every Apple Pay purchase is secure because it is “authenticated with Face ID, Touch ID, or… Read More

iBanFirst, a Global Payments Provider, Releases Study Identifying Reasons for Firms to Expand Operations Across Europe

Central and Eastern Europe (CEE) is set to become the next “great place” to invest in as Western European businesses “seek new places to nearshore, offshore, or get access to growing consumer markets,” according to an update from iBanFirst. iBanFirst, a global provider of foreign… Read More

Layer2 Financial, a BaaS Infrastructure Platform, Teams Up with Evita, a Cross-Border Payments Service

Layer2 Financial, a BaaS and payments infrastructure technology, is announcing a strategic partnership with Evita, a B2B cross-border payments solution specializing in large transactions. This collaboration marks a significant milestone in “the financial technology landscape, leveraging the strengths of both entities to streamline and optimize… Read More

Alchemy Pay, the Fiat-Crypto Payment Gateway, Partners with Worldpay

Alchemy Pay, the firm supporting fiat-crypto payment gateways, has entered into a strategic partnership with Worldpay, the global acquirer, to amplify its payment channels and elevate its payment capabilities. This partnership grants access “to Worldpay’s Visa and Mastercard payment rails on Alchemy Pay’s On &… Read More

International Money Transfer Fintech Atlantic Money Uncovers Unnecessary Extra Costs Consumers Pay to Acquire Items

International money transfer provider, Atlantic Money, has compared purchase prices in various random samples across currencies and borders, “uncovering unnecessary extra costs consumers often unwittingly pay.” Focusing on luxury items to demonstrate the impact, Atlantic Money has reportedly “analyzed the same listings for pound and… Read More

London’s Yonder, GoCardless Enable Variable Recurring Payments and Direct Debit Functionality

Yonder, the modern rewards credit card, has extended its relationship with GoCardless, the bank payment company, by “adding Variable Recurring Payments (VRPs) alongside the Direct Debit functionality it uses already.” Via GoCardless’ Instant Bank Pay, Yonder cardholders, or ‘members’, can now use VRPs to instantly… Read More

Research from Coda Payments and Niko Partners Examines Gaming Industry Ecosystem in Southeast Asia

Research from Coda, the global firm focused on content monetization solutions for gaming and digital publishers, and Niko Partners, the provider of market intelligence on the video game industry in Asia and MENA, dives into “the evolving landscape of the gaming industry, and the opportunities… Read More

BNPL Fintech Affirm Introduces Flexible Payment Options via Google Pay for Online Checkout in the US

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced their flexible and transparent payment options will be “offered to consumers and merchants that use Google Pay for online checkout in the U.S.” Beginning in Q1 2024, Affirm will be “available… Read More

BNPL: Airbnb, Klarna Introduce Pay Over Time to Provide More Flexible Payments for Guests

Airbnb and Klarna have joined forces to launch Pay Over Time with Klarna, which is described as being a new way for guests in the UK to spread the cost of their reservation. The launch is part of a phased global roll-out which “will see… Read More

Fintech Currencycloud Teams Up with BriskPe, the Mumbai-based Cross-Border Payments Platform

Currencycloud, the firm focused on simplifying business in a multi-currency world, has partnered with BriskPe, the Mumbai-based cross-border payments Fintech, in order “to expand BriskPe’s customers’ payment options.” The partnership will open up international business opportunities “for its India-based micro, small and medium sized enterprise… Read More

Alchemy Pay, the Crypto Payment Solutions Provider, Expands Services Across Europe and the UK

Alchemy Pay, the crypto payment solutions provider, has expanded its payment options in the Europe and UK regions. The introduction of the Euro Instant solution SEPA Instant and the UK fast e-money transfer solution Faster Payments enhances its On-Ramp service, “allowing users to swiftly execute… Read More

BNPL Adoption: Buy Now Pay Later Transactions via Afterpay Increased Significantly During Holiday Shopping

Globally, the peak minute of shopping occurred on Black Friday at 2:09 pm ET on November 24, 2023, according to an update shared by Square. Cities with the largest volume of sales were New York, Los Angeles, London, Chicago, and Miami. Over the Black Friday… Read More

The Payments Association Welcomes UK’s Future of Payments Review Call for Strategy to Re-Establish Leading Status

The Payments Association, which claims to be the most “influential” community in payments, has welcomed the release of the report following the Future of Payments Review, commissioned by the Chancellor. The report calls for a National Vision and Strategy for Payments considering “the importance of… Read More

Afterpay and Rokt to Offer Consumers Relevant Ecommerce Experiences

Rokt, the ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, announced its partnership with Afterpay, one of the global leaders in “Buy Now, Pay Later” payment. The partnership enables Afterpay to offer its ecommerce shoppers “highly relevant… Read More

Malaysia’s Maybank Announces that Transactions via Maybank2u Biz App, Web Platforms will Require Secure2u Authorization

Maybank announces that all transactions from Maybank2u Biz app and web platforms will require Secure2u authorisation. All Maybank2u Biz account holders are “recommended to activate the Secure2u authorization before 26 November 2023. Any activation of Secure2u for Maybank2u Biz app after 26 November 2023 will require a… Read More

Latin America: Bitso Introduces eFX with Crypto Service Enabling Instant Global Transactions

Bitso —the financial services company powered by crypto in Latin America— announced the launch of its new eFX with Crypto service, which allows companies “to carry out immediate international transactions, in a regulated manner, with greater savings and security and without the need of a… Read More

Mastercard, NEC to Enable In-Store Biometric Payments

The partnership will bring the Biometric Checkout Program to the Asia Pacific region, expanding reach across the globe In an everchanging digital environment, merchants and consumers are “looking for more seamless, secure, and innovative checkout experiences.” Now, the trusted technology that “uses your face to… Read More

Send this to a friend