Tagged: payment technology

December 4, 2022 @ 2:24 pm By Omar Faridi  |  

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

November 30, 2022 @ 7:01 pm By Omar Faridi  |  

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

November 21, 2022 @ 6:38 pm By Omar Faridi  |  

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

October 19, 2022 @ 9:53 pm By Omar Faridi  |  

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

October 13, 2022 @ 11:22 am By Omar Faridi  |  

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

October 4, 2022 @ 9:47 pm By Omar Faridi  |  

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

October 3, 2022 @ 9:53 pm By Omar Faridi  |  

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

September 27, 2022 @ 8:42 am By Omar Faridi  |  

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

September 12, 2022 @ 3:01 pm By Omar Faridi  |  

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

August 11, 2022 @ 10:57 pm By Omar Faridi  |  

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

August 3, 2022 @ 7:57 pm By Omar Faridi  |  

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

July 3, 2022 @ 10:14 pm By Omar Faridi  |  

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

May 21, 2022 @ 10:59 pm By Omar Faridi  |  

Nexi, the Paytech in Europe, and Piteco, an Italian software house offering corporate treasury management and financial planning solutions, entered a partnership enabling large corporations and SMEs to access a digital payment solution. The service provides firms with an additional line of credit, along with… Read More

May 19, 2022 @ 10:12 pm By Omar Faridi  |  

Dwolla, a Fintech powering innovation with sophisticated account-to-account payment solutions, “celebrates” Nacha‘s announcement of the Same Day ACH transaction limit increase “from $100,000 to $1 million.” Effective March 18, the $1 million limit was “applied to all Same Day ACH transactions.” Dwolla expects this update… Read More

April 25, 2022 @ 9:32 pm By Omar Faridi  |  

UK based Greg Rowe Limited, which has designed and manufactured multi-functional kitchen taps for 50+ years, including the “unique” four-in-one QETTLE, has upgraded its contact center and payment security technology “to handle an increase in call and payment volumes to the company’s customer service team.”… Read More

April 16, 2022 @ 10:28 am By Omar Faridi  |  

Beeks Group is pleased to confirm that they were chosen by Form3, the Cloud-native payments tech provider, in order to build “a secure, private network and provide hosting facilities for their payments technology platform.” Michael Mueller, Form3’s CEO, stated: “We’re delighted to have successfully implemented… Read More

April 13, 2022 @ 9:17 am By Omar Faridi  |  

Form3 clients are now able to “gain access to FX payments in 124 currencies across 163 countries.” Goldman Sachs Transaction Banking (TxB) and Form3, the Cloud-native payment technology provider, announced “a new solution that delivers FX and payments capabilities to Form3’s banking clients.” Form3’s platform… Read More

December 5, 2021 @ 6:47 pm By Omar Faridi  |  

Stax, the comprehensive payment tech provider, announced earlier this week its acquisition of CardX, an automated surcharging platform, to make surcharging “more transparent and easier for U.S. merchants and cardholders.” The update also mentioned that this deal “marks Stax’s third acquisition of 2021, adding to… Read More

October 12, 2021 @ 4:56 pm By Tony Zerucha  |  

Blue Motor Finance and digital payment provider Banked have teamed up to simplify the payment process for the former’s customers, the companies announced this week. Banked customers can now pay directly using their online banking app. It can be integrated with existing payment capabilities for… Read More

October 10, 2021 @ 1:27 pm By Omar Faridi  |  

Nexi, the European Paytech firm, has reportedly obtained approval for its CO2 emissions reduction targets for Nexi in Italy by the Science Based Target initiative (SBTi) – the global network born from the collaboration between WRI, CDP, WWF and the United Nations Global Compact. In… Read More