Tagged: payment

June 12, 2020 @ 7:51 am By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) reported on Thursday 100% year-over-year digital transaction growth in May, which is considered a significant acceleration from the first quarter of 2020 where the company reported 57% growth.  Overall digital growth in May was driven by the following… Read More

February 11, 2020 @ 8:42 am By Samantha Hurst  |  

Pelican, a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, announced on Tuesday it has expanded its global sales reach by partnering with CMSoft Co., Ltd in South Korea. According to Pelican, the new strategic partnership will enable the company… Read More

December 11, 2019 @ 11:24 am By Samantha Hurst  |  

Nuvei, a global payment technology provider based in Canada, announced on Wednesday it secured $270 million in common equity financing, valuing the company at $2 billion. Nuvei reported that the investment comes primarily from its existing shareholders, which includes Canadian private equity firm Novacap, supported… Read More

March 28, 2019 @ 9:28 pm By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Thursday it has teamed up with Visa to enhance its cross-border money transfer service.  Working together, Remitly and Visa are planning to provide the ability to send funds from the U.S. to eligible Visa debit cards across borders,… Read More

November 16, 2018 @ 10:16 am By Samantha Hurst  |  

Bitsafe, a Holland-based fintech, announced earlier this week the launch of its borderless Basic Payment Account. According to the startup, this new account works just like a local bank account and allows account holders can make deposits, make payments and withdraw funds. Every Bitsafe account comes… Read More

March 19, 2018 @ 11:44 am By Samantha Hurst  |  

Fundbox, a cash flow optimization tool platform for small businesses, announced last week it has launched a new payment and credit solution for small businesses serving other businesses called Fundbox Pay. The platform reported that it purposefully designed Fundbox Pay to help make business transactions… Read More

March 19, 2018 @ 10:41 am By Samantha Hurst  |  

UK banking giant Barclays has teamed up with seven watchmakers to bring its bPay wearable payment technology to timepieces. The companies that Barclays is now working with on the project are Guess Watches, Mondaine, Timex, Kronaby, Suunto, Adex, and LBS. According to Finextra, Timex is… Read More

November 24, 2016 @ 10:00 am By Jessica Pham  |  

Bank Indonesia (BI) in Jakarta announced last week the opening of its Fintech office, which will aim to evaluate existing and conduct research on new fintech models, products, and services.  The office not only allows the central bank to maintain its risk management and consumer protection… Read More

May 29, 2015 @ 9:39 am By Samantha Hurst  |  

Paygevity, Inc., a payment processing and vendor services company, announcex the launch of a Convertible Note crowdfunding campaign on Crowdfunder. Paygevity will use the funds to scale their proprietary PromptPay platform, market their technology and build out their sales team. Its campaign has only been live… Read More

February 5, 2015 @ 4:07 pm By Samantha Hurst  |  

Tipalti, provider of the leading global payments management automation platform, has debuted new functionality in its platform for European VAT and tax number support and identification document management. Tipalti customers can now request VAT ID numbers from their payees during the setup process, and can control the… Read More