Tagged: payments

March 1, 2023 @ 10:23 am By JD Alois  |  

Thunes, a payments and transfers Fintech, has announced a new head of Latin America. Victor Lucena will now lead the Fintech in its efforts to expand its services. As Head of LATAM, Lucena will manage all aspects of Thunes Latin American operations. He will be… Read More

March 1, 2023 @ 8:47 am By Omar Faridi  |  

The Bank of Israel has issued a framework providing international payment service providers access to regulated payment systems in Israel. Effective immediately, this framework “enables such entities to provide services to the public in Israel, relying on a license issued in a foreign country.” The… Read More

February 28, 2023 @ 10:33 pm By Omar Faridi  |  

Cashfree Payments, India’s payments and API banking company, announced its strategic acquisition of Zecpe, a one-click checkout company. Zecpe enables e-commerce businesses “to improve checkout conversion by making the process quick and seamless for customers.” Zecpe will now “operate as a wholly-owned subsidiary of Cashfree… Read More

February 28, 2023 @ 9:16 am By Omar Faridi  |  

Rally Commerce, the headless, one-click checkout solution for digital merchants, announces a partnership with Swell in order “to give merchants better control over their business and deliver a seamless checkout experience for customers.” Swell’s infrastructure “coupled with Rally’s checkout empowers small merchants to scale their… Read More

February 28, 2023 @ 8:03 am By Omar Faridi  |  

Pagos, a payment intelligence company that empowers businesses to optimize their digital payment infrastructure and maximize revenue, lower payments costs, and reduce fraud,  announced an oversubscribed $34 million Series A investment led by Arbor Ventures, a global fintech-focused venture firm. Additional participating investors “include Point… Read More

February 27, 2023 @ 10:34 pm By Omar Faridi  |  

Pidgin, a secure real-time payments platform built for the future of payments, announced that Community Bankers’ Bank (CBB), is “extending the platform to its network of independent community banks in the Fifth Federal Reserve District and contiguous states.” CBB selected Pidgin to “provide its community… Read More

February 27, 2023 @ 10:14 pm By Omar Faridi  |  

Pundi X is pleased to announces its latest partnership with Binance Pay. This partnership will bring Binance Pay, Binance’s payment service, to Pundi X’s XPOS devices, “enabling thousands of merchants across 30 countries to accept payments in cryptocurrencies more easily.” Binance Pay, “backed by Binance,… Read More

February 27, 2023 @ 11:50 am By Omar Faridi  |  

TransferMate have announced the launch of ‘TransferMate Connect’, an integrated payments solution for banks and financial institutions “to deliver faster and more cost-effective payments products and services for their customers.” TransferMate claims it has “built the largest non-bank payments infrastructure in the world, covering more… Read More

February 26, 2023 @ 6:46 pm By Omar Faridi  |  

FOODICS, the cloud-based restaurant management technology and payments platform in the MENA region, has announced that it “signed a strategic agreement with the pioneering virtual drive-through startup n.go.” n.go, which entered the food and beverage sector in 2021, “provides a unique experience to customers on… Read More

February 25, 2023 @ 6:35 pm By Omar Faridi  |  

Pine Labs, a merchant commerce omnichannel platform and Thomas Cook (India) Limited, India’s foreign exchange service provider, have partnered with National Payments Corporation of India (NPCI), in “a pioneering initiative to ensure safe, seamless, convenient merchant payments via UPI for foreign nationals from G20 countries.”… Read More

February 23, 2023 @ 7:53 am By Omar Faridi  |  

After an official tender process to procure a prepaid payment card service, the State Treasury of Finland and Kela (the Social Insurance Institution of Finland) awarded the contract to Finnish issuer processor Enfuce. The State Treasury of Finland, Kela, and Enfuce “signed the five-year contract… Read More

February 23, 2023 @ 1:18 am By Omar Faridi  |  

In the constantly evolving world of payment solutions, transaction volumes are “growing exponentially.” Scaling securely and compliantly is “key,” according to an update from Napier. Lyra Group, the €79 million turnover European and unified payment solutions provider processing over twenty billion transactions worldwide annually, has… Read More

February 22, 2023 @ 10:42 am By JD Alois  |  

Wise (LSE:WISE) has announced a partnership with G-P (Globalization Partners), a global employment platform. Wise will now enable the payments of freelancers and contractors around the world. Wise is a top payments and transfers provider that is also an emerging stealth bank. By working with G-P,… Read More

February 21, 2023 @ 11:17 pm By Omar Faridi  |  

New data from Barclays, which sees nearly half of the nation’s debit and credit card spending, reveals that “a record 91.2 per cent of all eligible card transactions were made using contactless payments last year – a sign that consumers and businesses are continuing to… Read More

February 19, 2023 @ 7:54 pm By Omar Faridi  |  

Ledge, a fully automated, no-code payments command center built to empower CFOs and their finance teams, announced that it has “emerged from stealth with $9M in Seed funding led by New Enterprise Associates (NEA) as well as Vertex Ventures, FJ Labs and existing investors Picus… Read More

February 19, 2023 @ 1:30 pm By Omar Faridi  |  

Wedge Financial, Inc., a fintech company that brings the power of the markets and programmable payments to everyday spending, is partnering with Visa (NYSE: V) in order to launch a debit card “connected to the Wedge app, accelerating its mission to revolutionize consumer spending.” Wedge… Read More

February 18, 2023 @ 4:19 pm By JD Alois  |  

Payoneer (NASDAQ: PAYO), a payments Fintech, has been approved to provide services under the UKs Electronic Money License. Payoneer is a  global platform that currently provides services for millions of SMEs, particularly in emerging markets, to pay and get paid, manage their funds, and more…. Read More

February 18, 2023 @ 3:53 pm By Omar Faridi  |  

EBANX, a fintech company that specializes in international payments in rising markets, has been authorized by the Central Bank of Brazil (Bacen) “to offer a payment initiator service through Pix.” The PISP (Payment Initiation Service Provider) license “expands the range of services the global payments… Read More

February 18, 2023 @ 9:41 am By Omar Faridi  |  

Klarpay AG is pleased to announce that it has achieved profitability in its first operational year. The company claims that its profitability and the interest from venture capitalists “are a testament to its team’s hard work and dedication.” Klarpay notes that it is now “well-positioned… Read More

February 17, 2023 @ 5:19 pm By Omar Faridi  |  

Westpac will soon offer credit card customers the ability “to pay for purchases in four instalments, providing greater control and flexibility.” In the coming months, Westpac credit card customers will be able “to link their existing credit card to a new PartPay digital card, enabling… Read More