February 20, 2019 @ 7:31 am By Erin Hobey  |  

Naspers-owned PayU, an India-based online payments service provider, has appointed Anirban Mukherjee as its new Chief Executive Officer of PayU India. Mukherjee will report to PayU Global CEO Laurent Le Moal. As well as leading PayU’s Indian business, Mukherjee joins PayU’s global leadership team with… Read More

February 18, 2019 @ 10:11 am By JD Alois  |  

Mobile payment Fintech TransferTo has rebranded as two separate company brands. TransferTo has now changed its name to DT One. Simultaneously, the cross-border payments business, which started in 2016, has branched off to operate independently from DT One and has been renamed to Thunes. Thunes will focus… Read More

February 15, 2019 @ 8:30 am By Samantha Hurst  |  

PaySend, a UK-based global payments platform, announced earlier this week it now has more than 500,000 customers. The company also introduced money transfer services to more than 30 European countries.   As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company… Read More

February 14, 2019 @ 7:34 am By Samantha Hurst  |  

The Kroger Co. (NYSE: KR) announced on Wednesday it is introducing Kroger Pay, which is described as a mobile payment solution that securely combines a customer’s payment and loyalty card information to create a faster checkout experience. The company reported it is also launching a new… Read More

February 14, 2019 @ 2:08 am By JD Alois  |  

Payments platform Lemon Way is reporting solid growth. The France-based Fintech says it has experienced “astounding growth in Europe with major increases to turnover and new payment accounts for 2018.” Founded in 2012, Lemon Way is a payments provider that has targeted the digital industry… Read More

February 12, 2019 @ 12:47 pm By Samantha Hurst  |  

MetaBank announced on Tuesday the launch of its faster payments platform, which will enable its partners to disburse funds in near real-time. The banking platform also revealed that one of the first new offerings on this platform is Mastercard Send, a push payments service that powers a… Read More

February 2, 2019 @ 10:09 am By Xu Gao  |  

Xiongan: the New Fintech Hub According to a guideline jointly issued by the Communist Party of China Central Committee and the State Council, Xiongan New Area is set to become a new center for China’s financial innovation. The guidelines said that Xiongan will “take the… Read More

January 28, 2019 @ 9:34 am By Samantha Hurst  |  

Discover (NYSE: DFS) announced on Monday its cardmembers are now able to make payments using contactless payment solution Garmin Pay. Discover reported that cardmembers may now use Garmin at any merchant retail locations that accept both Discover and contactless Near Field Communication (NFC) transactions. The… Read More

January 23, 2019 @ 2:36 pm By Cali Haan  |  

Following a meeting of The Executive Committee of the Saudi-Emirati Coordination Council, the UAE and Saudi Arabia have announced plans to collaborate on a “joint pilot cryptocurrency” for possible use in cross border banking, Emerati state news agency WAM reports. The initiative is one of seven… Read More

January 22, 2019 @ 8:27 am By JD Alois  |  

AnaCap-backed payment services provider heidelpay has announced the acquisition of Universum Group in Germany. heidelpay reports that this is their 5th acquisition since 2017. Details of the acquisition were not disclosed. Based in Heidelberg, the heidelpay Group is a fintech service provider in the international payment… Read More

January 19, 2019 @ 1:19 pm By Xu Gao  |  

Visa Will Establish Asia’s Second Innovation Center in Beijing It is always not easy for payment Giant Visa to enter the Chinese market. Yet, it still does not give up. According to Yu Xueli, president of Visa (Greater China), Visa is planning to set up… Read More

January 17, 2019 @ 11:23 pm By Cali Haan  |  

Bitcoin payments processor Bitpay says it processed over one billion dollars of Bitcoin payments in 2018 for retail and government clients, and has, “set a new record for transaction fee revenue by adding new customers like Dish Networks, HackerOne, and the State of Ohio.” The… Read More

January 15, 2019 @ 10:35 am By JD Alois  |  

Brokerage TD Ameritrade has partnered up with Apple (NASDAQ:APPL) to provide a streamlined money transfer. As of today, individual investors may instantly transfer funds to their brokerage account via Apple Pay and Apple Business Chat using iMessages. In a release, TD Ameritrade explained that historically… Read More

January 14, 2019 @ 1:04 pm By Samantha Hurst  |  

UK-based payment terminal and payment services provider Yello announced on Monday its new Y7 terminal has received all industry approvals and certifications and is now ready for market. The company reported that the tablet-sized terminal removes long-established in-store pain barriers and represents a new generation of customer… Read More

January 11, 2019 @ 11:56 am By Samantha Hurst  |  

AtomicPay, a decentralized and non-custodial cryptocurrency payment processor, announced on Friday it launched its non-custodial cryptocurrency payment solution globally. Founded in 2018, AtomicPay describes itself as a new payment option on top of the conventional payment methods. The company claims it can save users 2 to… Read More

January 9, 2019 @ 4:09 pm By Samantha Hurst  |  

PaySend, a UK-based global payments platform, has launched a new service, PaySendLink, which allows consumers to send money internationally using just the recipient’s mobile phone number. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company and payments disruptor on a… Read More

January 9, 2019 @ 2:50 pm By Samantha Hurst  |  

CardFlight, a SaaS payment technology company, and JetPay, a vertically integrated payment solution provider for all business sizes, announced a new partnership today. According to the duo, JetPay will offer the SwipeSimple payment acceptance technology from CardFlight to provide small businesses with an easy to use solution for… Read More

January 9, 2019 @ 2:01 pm By Samantha Hurst  |  

Payment process platform Square announced on Wednesday the launch of the Square In-App Payments Software Development Kit (SDK), which will now enable developers and sellers to process payments with Square within their consumer-facing mobile apps for the first time. Square revealed: “With just a few lines of… Read More

January 2, 2019 @ 11:46 pm By Cali Haan  |  

Mobile payments is one of the hottest sectors in Fintech. Venmo and Square/CashApp have battled for years over the hearts and minds of millennials, with CashApp recently declaring victory– thanks in part, some say, to its pioneering incorporation of Bitcoin trading into the app. In May,… Read More

December 29, 2018 @ 7:37 pm By Cali Haan  |  

Square, providers of distinctive white-plastic and user-friendly mobile payments hardware as well as North America’s most popular (Bitcoin-friendly) peer-to-peer payment app, Cash App, have crowned a banner year by being declared Yahoo Finance’s 2018 Company of the Year, Yahoo reports. First, there was the stock’s… Read More