Tagged: payments

January 13, 2021 @ 11:35 pm By Omar Faridi  |  

Bank of Lithuania, the nation’s central bank, has revealed that the number and value of payments completed via its platform, CENTROlink, had doubled last year, while instant payments surged by around four times (when compared to previous years). Keeping these developments in mind, Bank of… Read More

January 13, 2021 @ 2:24 am By Omar Faridi  |  

A recent study released by Juniper Research has revealed that the total number of QR code payment users is expected to surpass 2.2 billion within 5 years, which is up significantly from 1.5 billion in 2020. This would be almost 30% of all mobile phone… Read More

January 12, 2021 @ 1:50 pm By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Monday it has formed a new partnership with BetWildwood, which is the official online sportsbook of Wildwood Casino in Colorado. According to Paysafe, this collaboration will see BetWildwood integrate Paysafe’s payments technology, as well as, Income Access, Paysafe’s… Read More

January 7, 2021 @ 10:00 pm By Samantha Hurst  |  

Instimatch Global, a digital platform for transactions in short-term institutional capital markets, announced on Thursday it has joined forces with blockchain trading platform Algorand to advance its settlement and institutional payment solutions. Instimatch reported that Algorand’s blockchain technology will complement its technology, as well as… Read More

January 5, 2021 @ 10:13 am By Samantha Hurst  |  

  Divvy, a modern payment and expense management platform for businesses, announced on Tuesday it raised $165 million through its Series D investment round, which included participation from Hanaco, PayPal Ventures, Whale Rock, Schonfeld, NEA, Insight Venture Partners, Acrew, and Pelion. The investment round comes… Read More

January 4, 2021 @ 9:29 am By JD Alois  |  

Paysend is reporting record active users in a single day on December 30, 2020. According to the UK based Fintech, over 35,000 users completed 45,000 transfers on that day. Paysend touts the fact that the majority of transactions take 15 seconds or less to complete… Read More

December 22, 2020 @ 3:50 pm By Samantha Hurst  |  

Plastiq, a U.S.-based intelligent payments solution for small businesses, announced on Tuesday it has expanded the scope of its payments platform to include U.S. cash payments, in addition to credit card payments. The cash payments feature enhances Plastiq’s existing credit card payment offerings to provide… Read More

December 21, 2020 @ 11:27 am By Samantha Hurst  |  

    Xoom, PayPal’s international money transfer service, announced on Monday its integration with NPIL’s/NPCI’s Unified Payments Interface (UPI), a real-time payment system facilitating inter-bank transactions in India. Xoom reported that Non-Residential Indians (NRIs) and Persons of Indian Origin (PIOs) living in the U.S., Canada,… Read More

December 18, 2020 @ 3:10 pm By Samantha Hurst  |  

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Thursday it has appointed Gwenn Lazar as new Senior Vice President of Channel Development. Billtrust reported that through the role, Lazar will drive the company’s business development and channel management initiatives. Billtrust further… Read More

December 17, 2020 @ 3:08 pm By Samantha Hurst  |  

B2B fintech-as-a-service provider Rapyd announced on Thursday it has expanded its American leadership team by appointing LeAnne Hoang as Chief Risk and Compliance Officer and Robert MacColl as Head of Network Partnerships. According to Rapyd, Hoang brings a wealth of regulatory and compliance knowledge to… Read More

December 17, 2020 @ 9:44 am By Samantha Hurst  |  

  HomeAdvisor, a digital home services marketplace operating business of ANGI Homeservices (NASDAQ: ANGI) announced on Thursday it has formed a partnership with Affirm, a flexible and transparent alternative to credit cards, to offer easy to understand flexible payment options for HomeAdvisor customers. HomeAdvisor is claimed to… Read More

December 17, 2020 @ 8:36 am By Samantha Hurst  |  

  UK-based payments platform GoCardless announced on Thursday it raised $95 million through its Series F funding round, which was led by Bain Capital Ventures. Founded in 2011, GoCardless is on a mission to take the pain out of getting paid for businesses with recurring… Read More

December 16, 2020 @ 2:30 pm By Samantha Hurst  |  

  Global payments platform Veem announced on Wednesday core enhancements to its domestic and international routing technology. According to Veem, the enhancements will improve the way businesses pay and get paid within the U.S. and around the world. “Veem’s expansion of its multi-rail technology capabilities… Read More

December 15, 2020 @ 9:43 am By Samantha Hurst  |  

  Payment processing platform Klarna announced on Tuesday it has formed a new partnership with payments and commerce solution platform Verifone. Klarna reported that through the partnership it will be available as the buy now pay later solution to millions of Verifone devices in the U.S…. Read More

December 11, 2020 @ 1:57 pm By JD Alois  |  

Speaking at the Singapore Fintech Festival that is taking place all of this week, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) outlined her expectations for payments in our digital age. Georgieva highlighted the four cornerstones of digital payments – a sector of… Read More

December 10, 2020 @ 11:10 pm By Samantha Hurst  |  

  Xspaced, a U.S.-fintech startup that specializes in rental payments, announced on Thursday the launch of its new feature, FlexRent. According to Xspaced, FlexRent allows tenants to split their rent payments into smaller payments over the month to align their monthly rent with their income… Read More

December 10, 2020 @ 3:16 pm By Samantha Hurst  |  

Payments platform Adyen (AMS: ADYEN) announced on Thursday it has expanded its collaboration with Microsoft to accelerate payments innovation for both companies with the launch of Adyen Network Token Optimization. According to Adyen, the duo has been working together since July 2015, starting with European acquiring. Today,… Read More

December 9, 2020 @ 11:45 am By Samantha Hurst  |  

  Bill.com, a business payments and software platform provider, announced on Wednesday it has teamed up with Wells Fargo & Company (NYSE: WFC) to introduce Bill Manager, which is a new joint offering now available to help automate and simplify the accounts payable and receivable… Read More

December 8, 2020 @ 11:58 am By Samantha Hurst  |  

Payments platform Square announced on Tuesday its plans to become net-zero carbon for operations by 2030, including its primary Scope 3 emissions. The company furthe revealed the launch of its Bitcoin Clean Energy Investment Initiative, where it has committed $10 million to support companies that help drive… Read More

December 7, 2020 @ 9:36 am By Samantha Hurst  |  

  India-based banking group ICICI Bank announced on Monday the launch of its iMobile Pay app. ICICI Bank claims that iMobile is India’s first app that offers payments band banking services for all. “The app offers a unique combination of facilities of a payment app–… Read More