Tagged: payment processing

June 16, 2024 @ 11:56 pm By Omar Faridi  |  

Elavon, one of the largest payment processors, has announced a partnership with BMO, the eighth-largest bank in North America by assets, to provide a comprehensive and innovative payment solutions platform to the bank’s clients in the United States. The partnership allows for “the acceptance, enablement… Read More

January 24, 2024 @ 8:22 am By Omar Faridi  |  

Liberis, a firm focused on embedded business finance solutions, announced a two-year extension of its collaboration with Worldpay, a global enabler of e-commerce and payment processing technology and solutions. Worldpay Working Capital empowers small and medium-sized enterprises (SMEs) by providing easy access “to personalized, revenue-based… Read More

November 18, 2023 @ 12:39 pm By Michael Wong  |  

Silverflow, a could-based payments processing startup, announced raising €15 million ($16.4 million) in a funding round anchored by industry veterans and payments experts at Global Paytech Ventures. The round was also backed by Picus Capital, Coatue, Crane Venture Partners, Inkef, and several angel investors, with… Read More

October 24, 2023 @ 10:07 pm By Omar Faridi  |  

Ingenico, the payment acceptance solutions provider, joins forces with Jifiti, the Fintech focused on white-labeled embedded lending, in a new  alliance. This partnership empowers merchants to “offer financing options, provided by accredited financial institutions and enabled by Jifiti, through Ingenico’s innovative cloud-based Payments Platform as… Read More

October 18, 2023 @ 10:04 pm By Omar Faridi  |  

Stax Payments, a payment technology provider, announced its acquisition of Atlantic-Pacific Processing Systems (APPS), creating an end-to-end, seamless payment processing platform. The integration of APPS marks “a significant expansion of Stax’s technology stack, giving partners and merchants flexible, customizable options for their payment processing needs… Read More

September 30, 2023 @ 3:51 pm By Omar Faridi  |  

As Paysafe Payment Solutions Limited “unilaterally” decided to stop processing EUR deposits for Binance users, Paysafe users are now “advised to take appropriate actions in advance.” Paysafe users may “convert EUR balances in their Binance accounts to USDT before 2023-10-31 at 0:00 (UTC).” Meanwhile, users… Read More

September 14, 2023 @ 11:10 am By Omar Faridi  |  

Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, announced the launch of Business Now, Pay Later. This solution enables commercial banks “to capture new revenue streams by meeting the working capital needs of small and medium-sized enterprises (SMEs) through tailored… Read More

May 25, 2023 @ 8:56 pm By Omar Faridi  |  

Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, announced a $48 million Series C financing led by Avenir, a growth stage investment firm “focused on category defining, tech-enabled companies.” The investment round also “included additional participation by existing investor,… Read More

May 22, 2023 @ 5:12 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, recently announced that it is partnering with Airbnb in order “to power bank payments for Airbnb guests.” Airbnb guests can now use Stripe Financial Connections “to securely and instantly add their bank account as a payment method.” Once… Read More

April 27, 2023 @ 5:57 pm By Omar Faridi  |  

Continuing to build its footprint as a leading global acquirer, global financial technology firm FIS (NYSE: FIS) has announced its Worldpay merchant business will be “expanding its payment processing capabilities into the United Arab Emirates (UAE) this year.” Worldpay has “secured a category II payment… Read More

April 11, 2023 @ 11:35 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, released its annual letter from Cofounders John and Patrick Collison. The letter “takes stock of Stripe’s business, reflects on the past year, and shares the Collisons’ views on the trends shaping the online economy.” Collectively, businesses built on… Read More

March 27, 2023 @ 9:16 am By Omar Faridi  |  

Jens Plath, Adrian Plattner and Thomas Graf will join the Executive Board of TWINT from 1 April 2023. They will support TWINT in “positioning itself for future growth.” TWINT claims that it “continues to see robust growth and is reinforcing its future strategy.” As a… Read More

March 22, 2023 @ 8:21 am By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has teamed up with UK neobanking start-up Science Card in order to launch a payments card, which forms “part of a new infrastructure for funding scientific research, designed to create the future earlier rather than later.” Science Card’s customers… 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 7, 2023 @ 8:19 am By Omar Faridi  |  

Nucleus365, a UK-headquartered payment institution providing a centralized platform for international payment processing, FX, and connected banking, has introduced Rapid Transfer payment options for its European merchants. Rapid Transfer enables clients to pay merchants instantly using their online banking details, offering same-day settlements of funds…. Read More

January 28, 2023 @ 7:22 am By Omar Faridi  |  

Stripe Inc., which is one of Silicon Valley’s most valuable Fintechs, is reportedly getting closer to what might be one of the largest public-market entries in recent times. Stripe co-founders Patrick and John Collison told company workers that the firm’s executives set a goal of… Read More

January 21, 2023 @ 3:42 pm By Omar Faridi  |  

ZEBEDEE, the Fintech and next-generation payment processor for the gaming industry, and VIKER, the innovative mobile games studio that’s taking over the Play-and-Earn space,  announced the launch of two new rewarded games, “with more to come soon.” These new releases continue VIKER’s strategy of using… Read More

January 19, 2023 @ 12:23 pm By Omar Faridi  |  

PayJunction, a developer of payment processing technology, announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem to simplify bank payments, “enabling PayJunction customers and partners to deliver a better pay-by-bank experience.” Integrating Plaid’s secure account-to-account (A2A) bank connectivity technology with PayJunction’s… Read More

January 12, 2023 @ 1:15 am By Omar Faridi  |  

CLOWD9, which claims to be the world’s first cloud native and decentralized payments processing platform has partnered with Netcetera, a global software company for secure and convenient digital payment solutions, as its payment security provider. CLOWD9 will “use its 3-D secure issuer service for transaction… Read More

December 9, 2022 @ 8:49 am By Omar Faridi  |  

Enfuce, the European cloud-native card issuing and processing platform, and OKQ8, one of Scandinavia’s “largest” fuel companies, under transformation to become a brand within sustainable mobility, have announced the launch of OKQ8’s Visa-branded credit card program, as “part of OKQ8’s larger modernization of both its… Read More