Tagged: global payments

Expense Management Firm Emburse Launches Global Reimbursements Platform that’s Powered by TransferWise

Emburse, a company focused on providing expense management solutions and accounts payable automation, has introduced Emburse Global Reimbursements – which is powered by global money transfer service provider, TransferWise (which recently booked its 4th year of profitability while processing £67 billion in transfers in the… Read More

Payments Technology & Software Solutions Provider Global Payments Announces Multi-Year Agreement with Wells Fargo Bank

Global Payments Inc. (NYSE: GPN), a worldwide provider of payment technology and software solutions, announced on Tuesday its Issuer Solutions business, TSYS, has renewed its agreement with Wells Fargo Bank. Through the agreement,  TSYS will continue to provide a range of processing and support services… Read More

MoneyGram Integrates With Global Payment Network Thunes to Expand Digital Network & Mobile Wallet Capability

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has formed a partnership with global payments network Thunes to enable customers to send money directly to mobile wallets and bank accounts globally through its platform. According to MoneyGram, the collaboration will see additional… Read More

Global Payments & Foreign Exchange Platform Shift Connect Forms Partnership With CurrencyCloud to Drive Expansion

  Shift Connect, Canada-based global payments and foreign exchange platform, announced on Monday it has formed a new partnership with cross-border payment platform Currencycloud to power its expansion into new territories, which includes the U.S., Europe, and the UK. Through the partnership, Shift Connect will… Read More

Visa Teams Up With TerraPay to Drive Real-time Payments Interoperability

Visa Inc. (NYSE: V) announced on Wednesday it has formed a new partnership with TerraPay, a global payments infrastructure company, for the development and delivery of payment solutions in an effort to drive financial inclusion and cashless transactions for domestic payments and global remittances. The… Read More

Global Payments Provider Klarna Makes Debut in Belgium By Introducing “Pay in 21 Days” Service

  Payment processing platform Klarna announced on Thursday it has launched in Belgium by introducing “Pay in 21 days” service. Klarna reported that shoppers will now be able to buy online and pay once they have received the goods. “With the launch of `Pay in 21… Read More

Global Payments Platform Verrency Unveils Pay Later Installment Lending Solution

Global payments provider Verrency announced on Wednesday the launch of its new product feature “Pay Later.” According to Verrency, the feature enables bank customers to instantly move any regular purchase transaction to a longer-term installment payment plan. “Consumers can select to pay in multiple installments… Read More

Nexo Standards Names Saudi Payments First Member From Saudi Arabia

Nexo Standards, a Brussels-based nonprofit organization for global payments, announced on Tuesday it has named Saudi Payments its latest Principal Member and the first in the association’s history from the Kingdom of Saudi Arabia.  According to Nexo Standards, Saudi Payments is a wholly-owned subsidiary of… Read More

Mastercard CEO Ajay Banga Explains Why Company Withdrew from Facebook-led Stablecoin and Payments Project Libra

Ajay Banga, CEO at payments giant Mastercard, recently talked about why his company decided to leave the controversial Facebook-led Libra global payments and stablecoin project. Banga claims his firm doesn’t quite understand Libra’s business model. He told the Financial Times: “When you don’t understand how… Read More

Western Union & La Banque Postale Expand Digital Payments

Western Union (NYSE: WU) announced on Tuesday that it and La Banque Postale, the banking subsidiary of France’s postal services’ operator, La Poste Group, is now planning to expand its digital payments. Western Union reported that the integration of its global cross-border, cross-currency digital money… Read More

Nestle Grocery Store in Spain Introduces New Facial Recognition Payment System Designed By CaixaBank

A Nestle grocery store based in Spain has introduced a facial recognition payment system designed by CaixaBank and the institution’s Payment Innovation Hub alliance. Samsung, Global Payments, Visa, and Arval are members of the alliance. Nestle’s Face to Pay Market application can be downloaded from… Read More

Wirecard Announces Expansion of Cooperation With lastminute.com For Global Digital Payments

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it is expanding its collaboration with lastminute.com and is taking over payment acceptance for the online travel and leisure retailer as one of its acquiring partners. Wirecard reported that in addition to the… Read More

Australia-Based Payments Provider Verrency Appoints Beam Wallet Co-Founder Shezan Amiji to Global Advisory Board

Australia-based global payments provider Verrency announced on Wednesday it has appointed Beam Wallet co-founder Shezan Amiji as a new global advisory board member. Verrency reported that prior to Beam Wallet, Amiji founded EcoVentures, a Greenhouse Gas reduction and management firm. While sharing more details about… Read More

Global Payments & Foreign Exchange Solution Finablr Now Seeking to Raise $200 Million

Finablr, a global platform for payments and foreign exchange solutions, is reportedly seeking to raise $200 million as it prepares to list on the London Stock Exchange. Finablr describes itself as a global platform that brings together full-service Payments and Foreign Exchange solutions underpinned by… Read More

Global Payments Provider Klarna Announces New Partnership With Canadian Instant Financing Provider PayBright

Global payments provider Klarna announced last week it has formed a new partnership with Canada-based instant financing provider, PayBright. Klarna and PayBright are reportedly joining forces to give Klarna’s 100,000 global retailers the ability to turn on a consumer finance solution for their Canadian shoppers… Read More

Ant Financial Reportedly in Talks to Acquire UK Payments Firm WorldFirst For $700 Million

Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, is reportedly in talks to acquire UK payments firm, WorldFirst, for $700 million. According to Sky News, Ant Financial has been in talks to purchase WorldFirst for the past several months. … Read More

Global Payments & Foreign Exchange Solution Finablr Acquires Major Stake in Digital Gifting Platform Swych

Finablr, a global platform for payments and foreign exchange solutions, announced on Monday it has increased its stake in Swych, a digital gifting platform, with a follow-on Series B investment to become a majority shareholder. Finablr reported that through its stake it will leverage its network’s leadership and… Read More

Mobile Payment Specialist CANCAN Partners With WorldFirst to Launch Alipay & WeChat Payments Across Europe

Mobile payments specialist CANCAN announced on Monday it has teamed up with international payments specialist WorldFirst to launch payments and marketing platform that enables Chinese payments methods Alipay and WeChat Pay across Europe. Founded in 2015, CANCAN enables payments and promotions globally through its omnichannel platform,… Read More

Hacker-Powered Security Platform HackerOne Starts Accepting Bitcoin Payments Through BitPay

HackerOne, U.S.-based hacker-powered security platform, announced on Friday it now accepts bitcoin payments through global blockchain payments provider BitPay. According to the duo, BitPay enables HackerOne to receive international payments faster and more economically than traditional bank wires. HackerOne reported that its customers may skip costly, complicated cross-border wire… Read More

Global Payments Firm Flywire Secures $100 Million Through Series D Funding Round Led By Temasek

Flywire, a U.S.-based fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Thursday it secured $100 million through its Series D funding round, which was led by Temasek, an investment company headquartered in Singapore, and with participation from… Read More

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