Tagged: payments

Fintech TreviPay Expands Payments Tech with Cross-Currency Capabilities for Business Buyers

TreviPay, the global B2B payments and invoicing network, today released a new capability to support cross-currency sales between businesses, showcasing its commitment in “orchestrating choice, convenience and efficiency in B2B payments to merchants around the world.” TreviPay, which operates “in 32 countries and in 20… Read More

Payments Fintech Nium Opens New Europe HQ in London

Global payments fintech player Nium has inaugurated its European headquarters in London, signifying its robust commitment to enhancing its European presence and recognizing the UK as a paramount fintech nexus. Originally founded in Singapore in 2014, Nium has revolutionized the manner in which businesses facilitate… Read More

Majority of Firms Face Problems with Payment Operations, Modern Treasury Research Claims

Modern Treasury, the operating system for the new era of payments, released survey results from their annual The State of Payment Operations 2023 report showing that legacy payment operations continue to result in high rates of failed payments, slow payments, errors and lost time in… Read More

Fintech Currencies Direct, Transact Payments to Provide Improved Way to Pay Overseas

Currencies Direct, an international payments provider, has partnered with Transact Payments, the firm focused on cards and payments. The partnership has enabled Currencies Direct “to launch a multi-currency debit card, giving customers the ability to spend seamlessly in over 200 countries (wherever Mastercard is accepted).”… Read More

Square CEO to Be Replaced by Jack Dorsey

Block (NASDAQ:SQ) founder Jack Dorsey will step in as CEO of Square following the announcement that Alyssa Henry will exit the subsidiary of Block. The change in leadership was revealed in an 8-K filed with the Securities and Exchange Commission. The company stated: “Alyssa Henry,… Read More

Real-Time Payments Technology: ACI Worldwide, Microsoft to Support Instant Transfers

ACI Worldwide (NASDAQ: ACIW), a global firm focused on mission-critical, real-time payments software, announced a collaboration with Microsoft in order “to help financial institutions and technical services enable instant payments transactions faster through ACI’s Real-Time Payments Cloud (RTPC) platform.” Hosted in the Microsoft Azure environment,… Read More

Singapore: Sumsub Collaborates with dtcpay to Bolster Digital Currency Transaction Security

Sumsub, an international verification platform, has entered into a partnership with dtcpay, a prominent payment service provider based in Singapore. This collaboration aims to enhance the security and reliability of digital currency transactions, specifically in Singapore, Hong Kong, Dubai, UK, and Europe. A significant element… Read More

Brazilian Payments Platform EBANX Expands into Africa and Two Additional Caribbean Countries

International payments Fintech EBANX has expanded its operations into Africa and two additional Caribbean countries. According to a statement by the company, EBNAX now offers services in Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia.  At the same time, EBANX is now available… Read More

Digital Wallets: Opera Launches MiniPay, the “Lightest” Payments Wallet, to Onboard Mobile Users to Web3

Opera, the web innovator with over 319M users worldwide, unveils Minipay — a new web3 payments wallet built on Celo. Offering “instant” financial transactions, MiniPay is integrated “with the Opera Mini browser for Android users, making it easier and more affordable for individuals to send… Read More

58% of Americans Expect Payments to All Be Digital as Fewer Consumers Pay with Cash

According to a recent survey, 58% of US consumers expect all payments will be digital in the near future. This percentage increases to 67% when polling a younger demographic – more specifically, Millennials. Banking platform provider Temenos (SIX: TEMN) surveyed  2000 adults about their purchasing… Read More

Wise and Swift Partner on Cross Border Payments

Swift, a global financial messaging service that is used by just about everyone to transfer value, has partnered with Wise (LSE:WISE) – a stealth bank that got its start in low-cost transfers. According to a statement by Swift, the partnership will enable users to complete… Read More

European Fintech Recharge Begins Consolidation of Prepaid Payments Market

EU coins money Europe

Recharge, a firm focused on the prepaid payments industry, has announced its successful acquisition of Startselect, a European digital gift and gaming cards company. This move reportedly positions the company on course “to generate 750 million EUR in annual sales in 2024.” Since 2010 Recharge… Read More

Real-Time Payments Adoption Survey Released by BNY Mellon, Datos Insights

BNY Mellon (NYSE: BK), in collaboration with Datos Insights, released a report examining the ongoing growth of real-time payments as a result of increasing demand from consumers for faster payment options. The report finds that a focus on faster payment rails “represents a significant market… Read More

Credit Cards in Circulation in Hong Kong Reach 19.71 Million

The Hong Kong Monetary Authority (HKMA), the city’s central bank, has released its Q2/2023 payment card statistics, revealing that the total number of credit cards in circulation in Hong Kong reached 19.71 million by the end of the second quarter. This indicates a marginal growth… Read More

Circle Partners with Grab to Introduce Web3 Customer Experiences in Singapore

Global payments company Circle Internet Financial (Circle) and Southeast Asia’s super app Grab announced a groundbreaking partnership that aims to usher in Web3 customer experiences in Singapore. This innovative collaboration will see the integration of Circle’s new Web3 Services platform directly into the Grab app…. Read More

ASEAN QR Code Innovation Seen to Boost Cross-border Payments, Expand MSME Market Reach

The recently introduced ASEAN QR Code innovation promises to open up a broader market for micro, small, and medium enterprises (MSMEs) by facilitating seamless cross-border payments, Pandu Sjahrir, the legacy lead of ASEAN QR Code, told Indonesia’s news agency ANTARA. This integration offers a platform… Read More

Workforce Payment Solutions: Fountain Integrates with Branch to Streamline Payments Onboarding

Fountain, the labor applicant tracking system (ATS) and provider of hiring automation software for frontline workforces, announced it has integrated workforce payments platform Branch in order “to make paying new workers fast and scalable for hiring companies.” Branch claims that it is “the first and… Read More

Episode Six Introduces Business Now, Pay Later Enabling B2B Installment Options for SMEs

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

Checkout.com Research Reveals US Firms Lag Behind in Payment Performance

Checkout.com, the global payments provider, releases its latest research on the disparities in payment performance in the digital economy. The ‘High-Performance Payments: The hidden billion-dollar opportunity’ whitepaper, supported by research from Oxford Economics, finds “that US businesses lose, on average, 2.1% of global revenues due… Read More

Corpay Cross-Border Introduces Payments GPS for Live Payment Tracking

Corpay, a FLEETCOR (NYSE: FLT) brand and global leader in business payments, is proud to announce that Corpay’s Cross-Border business has launched Payments GPS, a proprietary tracking technology that allows clients and partners to monitor payments in real time. Leveraging various technologies, “including SWIFT GPI… Read More

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