Tagged: digital transactions

August 24, 2021 @ 10:05 pm By Omar Faridi  |  

MovoCash, a California-headquartered Fintech firm, is improving their clients’ on-demand banking experience with new money movement options supported by Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech. MOVO is enhancing payments by enabling clients to deposit, pay, receive, save, send… Read More

August 24, 2021 @ 7:34 am By Omar Faridi  |  

Zepz, previously dba WorldRemit, a digital cross-border payments platform operating two brands (WorldRemit and Sendwave, acquired in 2021), with 11 million+ users across 150 countries, has secured $292 million “in new primary financing, achieving a valuation of $5 billion,” according to a release. The latest… Read More

August 23, 2021 @ 11:11 pm By Omar Faridi  |  

Kiplepay, a wholly owned division of Green Packet, has teamed up with Visa (NYSE: V) in order to offer the Kiple Visa Prepaid Card. Through the partnership, which was first announced last year, Kiplepay and Visa have introduced the prepaid card which aims to support… Read More

August 23, 2021 @ 10:19 pm By Omar Faridi  |  

Pakistan’s JS Bank and NayaPay have entered an agreement in order to support and enhance virtual payments in the country. Through their partnership, JS Bank and NayaPay will allow their clients to link their JS Bank account or JCash wallet to their NayaPay wallets for… Read More

August 23, 2021 @ 10:10 pm By Omar Faridi  |  

HSBC Malaysia reveals that it has introduced the DuitNow Request feature for corporates so they can improve the collection of recurring payments from their clients. This secure, real-time payment solution will aim to do away with the requirement for companies to constantly follow up with… Read More

August 23, 2021 @ 10:08 pm By Omar Faridi  |  

Philippines-based Tonik, a virtual banking platform that was recently awarded an operational license by the Bangko Sentral ng Pilipinas (BSP), has introduced a physical debit cards for its customers. Tonik bank clients are now able to order physical debit cards via an easy-to-use app, and… Read More

August 23, 2021 @ 8:23 am By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, reveals that it has entered a definitive agreement to acquire German Fintech firm, viafintech, in an “all-cash transaction.” viafintech, known under the brands of Barzahlen/viacash and viacash, provides the largest, “bank independent,” payments infrastructure in the DACH region, “allowing… Read More

August 22, 2021 @ 3:35 pm By Omar Faridi  |  

European payments company Worldline and Switzerland’s digital asset platform Bitcoin Suisse recently announced the official launch of their omnichannel cryptocurrency payment solution, called WL Crypto Payments. The integrated solution has been designed to enable over 85,000 Switzerland-based merchants on Worldline’s network to take Bitcoin (BTC)… Read More

August 21, 2021 @ 8:49 am By Omar Faridi  |  

Sightline Payments revealed, earlier this week, the completion of a $244 million round valuing the firm at more than $1 billion. With this capital injection, Sightline becomes Nevada’s very first Fintech Unicorn—one of almost 700 startups globally to be valued at $1 billion+ as a… Read More

August 19, 2021 @ 2:18 pm By Omar Faridi  |  

Stax by Fattmerchant, which claims to be the industry’s “only” complete “all-in-one” solution for managing “everything” in the payments ecosystem, has announced the addition of credit card surcharging to its “feature-rich” technology. As mentioned in a released shared with CI: “With prices of processing fees… Read More

August 18, 2021 @ 7:07 am By Omar Faridi  |  

UnionPay International (UPI) reveals that it has teamed up with the International Bank of Tajikistan in order to introduce the nation’s first contactless digital wallet, notably making UnionPay the very first payment service to provide mobile contactless payment options in the country. The number of… Read More

August 17, 2021 @ 5:00 pm By Omar Faridi  |  

Ximena Alemán, Co-CEO at Prometeo, the Latin American (LatAm) Fintech firm that’s leading Open Banking adoption throughout the region, recently shared key industry insights with Crowdfund Insider. Prometeo recently announced the launch of Spark, which is a free-of-cost program for high-potential startups, Fintechs, as well… Read More

August 16, 2021 @ 11:30 am By Omar Faridi  |  

We recently caught up with Steve Pinado, President at Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider. Pinado explained how automation trends have been accelerating at warp speed during the COVID-19 pandemic. Last month, the team at Billtrust had shared… Read More

August 16, 2021 @ 8:37 am By Omar Faridi  |  

A team of experienced investors, technologists and Fintech professionals, Mode has been offering innovative financial services in the United Kingdom, Europe and across the globe since their inception back in 2018. Although we might be aware that Mode serves as a Bitcoin app, its vision… Read More

August 16, 2021 @ 8:00 am By Omar Faridi  |  

London-based Fintech firm SumUp has teamed up with the National Garden Scheme in order to lead the digitalization of charity by enabling “seamless” charitable donations via its card-reading tech, at an event supported by Dame Mary Berry, President of the National Garden Scheme, at Chilworth… Read More

August 16, 2021 @ 7:56 am By Omar Faridi  |  

Datam, a new software-as-a-service (SaaS) platform that allows companies or businesses to begin accepting card payments within minutes, has raised £560,920 of its £550,001 target from 224 investors (at the time of writing) via Seedrs. There are 24 days left in the company’s sale, as… Read More

August 15, 2021 @ 9:14 pm By Omar Faridi  |  

WorldRemit, a UK-based digital cross-border payments firm, recently introduced its money transfer services in Malaysia’s markets through its app and web-based platform. Clients are now able to send funds from Malaysia, in addition to 50 other nations including the United Kingdom and the US, to… Read More

August 15, 2021 @ 7:59 pm By Omar Faridi  |  

In the fast-evolving digital economy, money laundering and financial crime have been increasing quite rapidly as regulation and banking processes struggle to address the rise in “criminal innovation.” Because of these developments, financial institutions have to respond quickly and effectively, by utilizing the appropriate tools… Read More

August 13, 2021 @ 10:16 am By Omar Faridi  |  

Veem, an established provider of online payment services, has introduced two new Veem Capital products in order to assist SMBs with improving how they manage spending for their business operations. Veem has introduced Pay Later and Pay with Card products that have been developed to… Read More

August 12, 2021 @ 8:34 am By Omar Faridi  |  

AstroPay, a provider of online payment solutions, has introduced its digital payment service for the European markets, after a period of steady growth for the business which has seen its users and merchants increase significantly. Established in 2009, AstroPay has been offering payment solutions to… Read More