Tagged: payment technology

Stax Payments Acquires APPS, Expands Tech Stack to Provide Seamless Payment Processing Experience

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

Global Banks to Spend $57B on Legacy Payments Tech in 2028, Limiting Growth, Report Claims

According to a new study by IDC Financial Insights supported by Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, spending “on legacy paytech is rising rapidly and damaging the growth prospects of banks around the world.” Global financial institution… Read More

Digital Banking Platform CaixaBank, Iberpay Introduce Request to Pay in Europe

After obtaining the corresponding approval certificates from the EPC, CaixaBank and Iberpay announce that their respective payment technology platforms are ready “to imminently process, as of June 22, the first SEPA Request-to-Pay in Europe.” In parallel, CaixaBank, which has become the first bank in Europe… Read More

Aliaswire Reveals that Onboard Partners Acquired its Payvus SMB Credit Card Issuing, Capital Management Unit

Aliaswire, Inc., a provider of innovative payment and financial technology services, announced that Onboard Partners, LLC has acquired its Payvus small business credit card issuing and capital management business. The acquisition of the Payvus business, technology and intellectual property “will expand Onboard’s already successful financial… Read More

Fintech Firm Tyro Offers Tap to Pay on iPhone for Clients to Accept Contactless Payments

Tyro Payments is pleased to announce that its customers in Australia are now able to accept in-person contactless payments seamlessly and securely with Apple’s Tap to Pay on iPhone contactless payment acceptance technology using the new Tyro BYO App, starting now. Tap to Pay on iPhone… Read More

Dukascopy Bank, Clear Junction to Provide E-Money Institutions with a Solution for Banking, Payment Needs

Dukascopy Bank and Clear Junction have partnered in order “to provide licensed electronic money institutions and payment institutions with a one-stop solution that satisfies their banking and payment needs.” The partnership demonstrates “how different organisations can work to complement one another.” For some time now,… Read More

Payment Technology Firm InComm Payments Expands Brazil Operations with Tech Development Hub

InComm Payments, a payments technology company, today announced the launch of InComm Payments Brazil Technology Ltda., an information technology (IT) hub dedicated to developing payments solutions “for industries including retail, financial services, mobile payments and more.” Based in Fortaleza, the IT hub “expands InComm Payments’ Brazil… Read More

Payment Tech Firm Miura Launches Android Smart POS Payment Device

Global payment technology firm and mobile point-of-sale pioneer Miura Systems recently announced the launch of its new, elegantly designed, Miura Android Smart POS payment device. MASP reportedly “leverages the collaborative open-source world of Android to make application development and ongoing management simple, seamless and secure.”… Read More

MUFG Bank Signs Up to CLSNet, CLS’s Bilateral Payment Netting Calculation Service

MUFG Bank (NYSE:MUFG) claims it is the “first” Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service “for over 120 currencies.” MUFG Bank will “join the expanding CLSNet community of global and regional banks, which includes eight of the top ten… Read More

Sabre, Conferma Pay, Mastercard to Support Travel Economy with Virtual Cards

Sabre Corporation (NASDAQ: SABR) a software and technology provider that powers the global travel industry, and Conferma Pay, a global fintech firm that specializes in payment technology, announced a new partnership with Mastercard in orrder “to accelerate the use of virtual cards for business-to-business (B2B)… Read More

Fortis Acquires Payment Logistics, Expanding Its Embedded Payments Solutions

Fortis, which claims to be the leader in embedded payments for software providers, announced the company is “expanding its suite of technology solutions by acquiring Payment Logistics, a payment technology company based in La Jolla, California.” Payment Logistics “not only brings dozens of embedded payments… Read More

Australia: Smartphones Become Payment Devices with NAB Easy Tap

NAB has launched tap on phone payment technology “for small businesses in a first for a major Australian bank.” The NAB Easy Tap app is described as “an innovative solution that allows small businesses to accept contactless payments when customers tap their card1 or phone… Read More

Deutsche Bank, Fiserv Introduce Vert, Germany’s Payments Company

Deutsche Bank (ETR: DBK) and Fiserv (NASDAQ: FISV), which claims to be a global leader in payments and financial services technology, have launched Vert, which is described as “a comprehensive payment acceptance and banking services provider to small and medium-sized enterprises (SMEs).” Vert is reportedly… Read More

Studio Bank Introduces Credit Card Program with Corserv

Corserv, a company that empowers banks and fintechs with payment programs, has implemented a comprehensive credit card program with Studio Bank in order “to provide innovative payment solutions.” Pioneered in Nashville, Studio Bank built a digital bank “with a local presence – their model is… Read More

Zebec to Introduce its Rollup Chain via Eclipse to Provide Seamless Payment Standards

With Solana’s repeated run-ins with bots and outages, it affects not just traders but projects “building on top of Solana,” according to an update shared with CI. Zebec claims it is “becoming the largest business-facing protocol on Solana, with over 200 Solana projects utilizing Zebec.”… Read More

EML’s Nuapay Signs Contract Bringing Open Banking to Government Sectors in the UK

Nuapay‘s innovative and “fully customizable” open banking and real-time account-to-account payment capabilities will “give Pay360‘s customers access to cutting-edge payment technologies across all of its gateway connections.” Pay360 claims it is “a market leader for public sector payments – used by more than 60% of… Read More

Interledger Foundation, Bowie State University to Help Students Learn About Open Payments Tech

The Interledger Foundation (ILF) has awarded Bowie State University (BSU) a $25,000 grant to partner on an undergraduate course that will “enable students to explore open payments technologies and issues in eCommerce and personal finance.” Open payments technologies “allow individuals and businesses to pay for… Read More

Payments Fintech Finix Secures an Additional $30M

Finix, the payments technology company for software platforms, announced that it has raised $30M in fresh capital, “bringing the company’s total funding to $133M.” Finix raised “at an increased valuation despite the more challenging economic environment this year.” New and existing investors, “including The General… Read More

Global Payments to Acquire EVO Payments

Global Payments Inc. (NYSE: GPN), a provider of payment technology and software solutions, and EVO Payments, Inc. (NASDAQ: EVOP), a global provider of payment technology integrations and acquiring solutions, recently announced that Global Payments “will acquire EVO in an all-cash transaction for $34.00 per share.”… Read More

Synch Payments Appoints Nexi to Provide Tech Platform for Ireland’s Instant Mobile Payments Service

Synch Payments, the Irish instant mobile payments provider, recently announced that it has entered into an agreement with European Paytech Nexi as its platform and service provider to help bring the Synch proposition to Irish clients. Synch has reportedly obtained authorization from the Competition and… Read More

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