Tagged: payments

Cross-Border Payments: Bitso Business Chosen By Chile’s Andean Wide

Andean Wide —an international payments technology platform— announced that it has chosen Bitso Business —the Bitso B2B segment supporting the technology of cross-border payments— as its infrastructure solutions provider “to apply blockchain technology and expand its cross-border offerings with greater efficiency.” Andean Wide is a… Read More

Visa and Taulia to Make Embedded Finance More Accessible

Visa (NYSE:V), a global enabler of digital payments, and Taulia, an SAP company, and a  provider of working capital management solutions, have announced a new partnership to make embedded finance accessible to businesses worldwide. The collaboration will incorporate Visa’s digital payments technology into Taulia Virtual… Read More

QR Code Payment Integration Planned Between Japan and ASEAN

Starting in 2025, Japan and the Association of Southeast Asian Nations (ASEAN) plan to unify QR code payment systems to simplify transactions and avoid the need for currency exchange, especially benefiting tourists. This move, as reported by Vietnam News Agency (VNA) and announced by Japan’s… Read More

Fintech GoCardless to Acquire Nuapay from EML Payments

GoCardless, the bank payment company, has signed an agreement to acquire Sentenial Ltd, operating globally under the Nuapay brand, from EML Payments Limited (ASX: EML) subject to regulatory approvals. The acquisition will significantly scale GoCardless’ indirect channel proposition, consolidating its position as “a key payment… Read More

Payments Firm Worldline Italia and Cassa Centrale Group Consider Launching Business Partnership

Worldline [Euronext: WLN], a global enabler of payments services, has been chosen by the Cassa Centrale Group to pursue exclusive negotiations for a long-term partnership in the acquiring world. The collaboration involves the provision of services “along the value chain of digital payment acceptance and… Read More

Alchemy Pay Introduces Card as a Service for AI Analysis

Alchemy Pay, the fiat-crypto payment service provider, introduces its Card-as-a-Service (CaaS) for AI Analysis, a firm focused on AI, blockchain, and FinTech. This service empowers AI Analysis “to issue customized branded Mastercard AIA cards effortlessly, eliminating the need for managing card infrastructure intricacies. With these… Read More

Payments Firm VoPay Adds Cross River Infrastructure in US Expansion

Payments platform VoPay, based in Canada, has partnered with Cross River Bank as part of an initiative to expand into the United States. VoPay says the collaboration aligns with its ambition to broaden its service offerings. Cross River is a regulated bank that provides infrastructure… Read More

PayPal Appoints SoFi’s Aaron J Webster as EVP and Chief Enterprises Services Officer

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18. Aaron will have end-to-end accountability “for global financial crime and fraud prevention programs, regulatory and government relations, and risk and compliance management.”… Read More

Cross-Border Transactions: TerraPay and Alfardan Exchange to Streamline Remittance Payments

In a significant development for the remittance sector, TerraPay, a global cross-border payments network, has announced a partnership with Alfardan Exchange. Based in Qatar, Alfardan Exchange provides exchange services as well as commodities like gold and coins. This collaboration aims to leverage TerraPay’s advanced digital… Read More

Finastra Payments To Go Selected by Jefferson Bank to Enable Instant Payment Services

Finastra announced that Jefferson Bank, an independent bank serving communities across Texas, has selected Finastra Payments To Go, a payments-as-a-service solution for its new instant payments services. The cloud-based payments solution will “help Jefferson Bank to efficiently deliver both RTP TCH and FedNow services 24/7,… Read More

Philippines: PLDT Launches Digital Payments Platform Digico

Philippine-listed network provider PLDT Inc. has announced the launch of Digico, a new digital venture created to harness the extensive data assets of the MVP Group of Companies. This initiative marks a significant move towards accelerating digital transformation and opening up new growth and value… Read More

Fintech Stripe, a Financial Infrastructure Platform, Partners with The Hertz Corporation to Streamline Payments

Stripe, a financial infrastructure platform for businesses, announced a partnership with The Hertz Corporation to power payments for its Hertz, Dollar, and Thrifty car rental brands. Hertz explains that it will aim to “unify the majority of its in-person and online payment volume onto Stripe… Read More

Bluwhale Secures $7m Seed Round for Blockchain Data Innovation

Bluwhale, an AI Web3 startup based in the San Francisco Bay Area, has secured a $7 million seed funding round to revolutionize the way companies connect with consumers through blockchain technology. The round was led by SBI, with contributions from both SBI Ven Capital and… Read More

Chris Gilderson from PXP Financial Shares Perspective on Retail Transactions and Adoption of Contactless Payments

Chris Gilderson, Head of Retail and Hospitality at PXP Financial recently shared his views and insights with Crowdfund Insider. The retail payments landscape is dynamic and fast-paced, and innovation is snowballing. From cryptocurrencies to buy now, pay later, disruptive tech is transforming consumer experiences and… Read More

UK Fintech Wise Could Be Benefitting Considerably From Higher Interest Rates, According to Industry Analyst

Simon Taylor, an experienced Fintech strategist, notes that the latest Fintech results season is witnessing Wise (LSE:WISE) really “hitting its stride.” As HSBC competitor Zing launches, Wise revenue is “up 23% YoY and its above its IPO price.” Simon Taylor has examined why Wise revenuers… Read More

UK Fintech Currencycloud Obtains In-Principle Approval for Major Payment Institution License Holder from MAS

Currencycloud, a Visa solution and the specialists in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) license holder from the Monetary Authority of Singapore (MAS). The license will allow Currencycloud to “provide a full suite… Read More

Web3 focused Fintech Wert Expands Reach Adding JCB, Amex and Discover to Checkout Platform

In a move to promote the widespread adoption of Web3, Wert, the payment solution provider facilitating fiat payments in the Web3 space, has broadened its card acceptance capabilities in collaboration with Worldpay, a globally recognized payment processor. This expansion encompasses the “inclusion of JCB, American… Read More

Fintech DailyPay, a Launching Partner for Visa+, Announces New Service for Clients in the US

DailyPay, a launching partner for Visa+, announced that the innovative new service is available to DailyPay’s millions of users nationwide. Launched in late 2023, the mission of Visa+ is to create “an interoperable future, where paying across services is as seamless as using any one… Read More

China’s Ant Group Boosts Transaction Limits for International Travelers

Chinese Fintech firm Ant Group has announced substantial increases in transaction limits for international travelers using its cross-border payment services. Effective immediately, the single-transaction limit has been raised from $1,000 to $5,000, and the annual cumulative transaction limit from $10,000 to $50,000. This policy change,… Read More

Visa and Western Union to Enhance Cross-Border Transactions

Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU). Under the new deal, Western Union customers will be “able to send money to their family and friends’ eligible Visa cards and bank accounts in 40 countries across five regions.” The agreement encompasses… Read More

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