Tagged: digital transactions

March 23, 2023 @ 8:36 am By Omar Faridi  |  

Billie, the provider of Buy Now, Pay Later (BNPL) payment solutions for business customers, and Mollie, which claims to be one of the fastest-growing payment service providers in Europe, have launched their pan-European partnership in order to bring Buy Now, Pay Later payment solutions to… Read More

March 22, 2023 @ 11:49 pm By Omar Faridi  |  

Swiss payment startup Centi announces the launch of its Swiss Franc pegged stablecoin, backed 1:1 by a Swiss bank, which will “serve as the basis for Centi’s groundbreaking Global Payment Network.” Combining the efficiency of blockchain technology with the rigor of Swiss banking, Centi has… Read More

March 22, 2023 @ 10:28 pm By Omar Faridi  |  

At Two, they’re working relentlessly to make B2B transactions as frictionless as consumer payments. Now they’re pleased to announce their €18 million Series A investment round. This brings our total capital raised “to €28 million, previously unannounced.” This funding round was “led by Shine Capital,… Read More

March 18, 2023 @ 2:57 pm By Omar Faridi  |  

National Australia Bank (NAB) has completed an intra-bank cross-border transaction using NAB-issued stablecoin, which represents a “world-first” by a major financial institution on a layer-one public blockchain. This pilot transaction on the public and permissionless Ethereum blockchain “involved deployment of stablecoin smart contracts for seven… Read More

March 18, 2023 @ 11:52 am By Omar Faridi  |  

Xapo Bank now supports near-instant pounds Sterling payments and from the United Kingdom. Xapo Bank confirmed in a blog post that they are pleased to announce that they have joined the Faster Payment System (FPS). This means their members can now “send Pounds Sterling directly… Read More

March 15, 2023 @ 10:47 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), the global firm focused on mission-critical, real-time payments software, announced a partnership with financial technology company RedAbierta in order “to power real-time payments in Honduras.” RedAbierta, the central infrastructure provider in Honduras, will “leverage two ACI solutions — ACI Enterprise Payments… Read More

March 15, 2023 @ 8:53 am By Omar Faridi  |  

NatWest is increasing customer protection against crypto-criminals “after £329m was lost by consumers last year.” A daily limit of £1000 and a 30-day payment limit of £5000 to cryptocurrency exchanges is being “implemented to help protect customers losing life changing sums of money.” Cryptocurrency investments… Read More

March 12, 2023 @ 6:28 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), a global provider of real-time payments and digital payment software solutions, and Security Bank Corporation, a universal bank in Philippines, announced that the bank has chosen ACI Worldwide’s Enterprise Payments Platform solution to strengthen its real-time payment capabilities. The partnership will… Read More

March 11, 2023 @ 1:03 pm By Omar Faridi  |  

Yapily have agreed to a partnership with payments technology company Zilch that will provide millions of people “with better access to 0% interest swift repayment credit.” The partnership “marks the first time we’ve teamed up with a provider of consumer credit via Buy Now Pay… Read More

March 10, 2023 @ 5:39 pm By Omar Faridi  |  

Nationwide Building Society has selected Accenture (NYSE: ACN) and Form3 to transform its digital payments infrastructure through the adoption of “a cloud native platform, aiming to enhance the customer experience with seamless, secure and fast transactions.” As digital payments continue to grow, the cost-efficient solution… Read More

March 5, 2023 @ 10:37 pm By Omar Faridi  |  

Modern Treasury, the operating system for the new era of payments, and Silicon Valley Bank, announced the availability of a new global payment solution, which will “allow mutual clients to send cross-border payments more efficiently, predictably, and at a lower cost by leveraging local payment… Read More

March 5, 2023 @ 6:30 pm By Omar Faridi  |  

Eric Parker, co-founder and CEO of Giddy, a provider of cryptocurrency wallets, recently shared his views and insights exclusively with Crowdfund Insider. Parker talked about the different opportunities that consumers may be willing to explore in the nascent DeFi space. He also touched on some… Read More

March 4, 2023 @ 10:53 am By Omar Faridi  |  

Xapo Bank, a Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network “to enable lightning-fast Bitcoin payments for its customers.” Xapo Bank members “can now instantly pay for small purchases of up to $100 USD at any vendor… Read More

March 2, 2023 @ 8:36 pm By Omar Faridi  |  

Kriya Payments is now available in 42 countries. This means buyers worldwide can “take advantage of flexible payment terms, feeling more secure about their cash flow.” General Manager, Martina Trifonova, has commented on the thinking behind the decision was, what the team learned in the… Read More

March 2, 2023 @ 7:59 am By Omar Faridi  |  

Wise (LSE:WISE), the global technology company building the best way to move and manage money is rolling out a new look and feel. This comes as the company announced that it has “reached 16 million customers served worldwide, and revealed plans for further global expansion.”… Read More

February 27, 2023 @ 4:32 pm By Omar Faridi  |  

Conflux Network, a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols, has teamed up with Alchemy Pay for easy fiat on-ramp to its ecosystem. The on-ramp payment solution “enables users to purchase crypto via local fiat currencies, which will take Conflux’s ecosystem… Read More

February 25, 2023 @ 6:38 pm By Omar Faridi  |  

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families, announced it has expanded into the Middle East with the launch of its outbound remittance product in the UAE. Remitly has also “opened an office in the Dubai International Financial… Read More

February 23, 2023 @ 7:07 pm By Omar Faridi  |  

The team at TipLink is pleased to announce that they have raised $6m in seed funding led by Sequoia Capital and Multicoin Capital. TipLink allows users “to send crypto or NFTs with just a link.” The kicker is… the link is a wallet. They claim… Read More

February 23, 2023 @ 1:18 am By Omar Faridi  |  

In the constantly evolving world of payment solutions, transaction volumes are “growing exponentially.” Scaling securely and compliantly is “key,” according to an update from Napier. Lyra Group, the €79 million turnover European and unified payment solutions provider processing over twenty billion transactions worldwide annually, has… Read More

February 21, 2023 @ 11:17 pm By Omar Faridi  |  

New data from Barclays, which sees nearly half of the nation’s debit and credit card spending, reveals that “a record 91.2 per cent of all eligible card transactions were made using contactless payments last year – a sign that consumers and businesses are continuing to… Read More