Tagged: payments

January 5, 2023 @ 9:53 pm By Omar Faridi  |  

Following a successful integration with Navigator in 2019, Brightwell, a global payments technology company, has expanded its partnership with Virgin Voyages. With ReadyRemit, powered by Brightwell’s international payment partners, Virgin Voyages can now easily “pay vendors, workers, and others, and provide customer-facing payouts like rebates,… Read More

January 3, 2023 @ 11:32 pm By Omar Faridi  |  

GoCardless, which claims to be a global leader in direct bank payment solutions, has  announced it is “officially live in the market with PayTo, an instant account-to-account payment method that has been designed to replace Australia’s traditional Direct Debit network in approximately three to five… Read More

January 3, 2023 @ 9:01 pm By Omar Faridi  |  

The Securities and Exchange Commission (SEC) in the Philippines revealed that it will be making a full shift towards all-digital payments by February 1, 2023. The general public residing in the Southeast Asian country will be using the eSPAYSEC that was introduced in March 2022,… Read More

January 3, 2023 @ 8:33 am By Omar Faridi  |  

When conducting business overseas, companies of all sizes can be hampered by slow payment times, high costs and limited transfer options, according to an update from Paysend. However, these barriers are “particularly cumbersome for SMEs, which have fewer resources in terms of workforce and cash… Read More

December 30, 2022 @ 4:59 pm By Omar Faridi  |  

Enfuce, the Finnish cloud-native issuing and processing pioneer, has announced the launch of a pilot project with social enterprise Welcome.Place, Finnish mobile payments provider for employment benefits Epassi, and digital payments giant Visa in order “to distribute prepaid payment cards to refugees arriving in France.”… Read More

December 29, 2022 @ 9:27 pm By Omar Faridi  |  

Pak-Qatar Takaful Group and BLINQ Solutions Private Limited have reportedly entered an agreement with a goal to streamline payment collections and assist existing and new clients with making payments from an extensive range of payment solutions. According to a statement made on December 26, Saqib… Read More

December 27, 2022 @ 1:17 pm By Omar Faridi  |  

According to a survey, removing disputes from the payments ecosystem has “become the number one concern for sellers, with a tertiary concern of first-party-misuse1.” As noted in an update from Verifi, the question is – how do you stop disputes and still do right by… Read More

December 27, 2022 @ 8:48 am By Omar Faridi  |  

Core, a free, self-custody wallet engineered for users to seamlessly and securely use Web3 dApps, has integrated Coinbase Pay, giving users more ways “to deposit cash to convert to crypto for use on Avalanche, Ethereum, and many other blockchain networks.” Coinbase Pay supports 60+ fiat… Read More

December 27, 2022 @ 8:35 am By Omar Faridi  |  

There are few things more vital to get right than renting, according to an update from UK-based Fintech firm Modulr. Whether it’s a landlord, letting agency or tenant, it “involves an enormous amount of money and the emotional weight of roofs over people’s heads.” Modulr… Read More

December 23, 2022 @ 10:57 am By Omar Faridi  |  

Wyre is pleased to announce their recent integration with BNB Chain. This partnership allows their developers building with Wyre the ability to leverage their entire API stack on BNB Chain “as well on-ramping directly into $BUSD and $BNB through all payment methods.” This integration is… Read More

December 23, 2022 @ 9:15 am By JD Alois  |  

Recently, the British Retail Consortium (BRC) published a report that indicated usage of credit and debit cards are soaring – fueled in part due to COVID-19 and its impact on how society operates. This should come as no surprise as digital money becomes the norm… Read More

December 22, 2022 @ 10:47 pm By Omar Faridi  |  

Payments and API banking solutions company, Cashfree Payments is now offering one of India’s “widest” ‘Buy Now Pay Later’ (BNPL) suite. Cashfree Payments’ BNPL suite will “enable online businesses to provide customers with over 30 flexible financing options during checkout.” The company has “launched its… Read More

December 22, 2022 @ 2:54 pm By Omar Faridi  |  

Following the news that British lender TSB Bank was fined $48.65m ($59.07m) by the Financial Conduct Authority and the Prudential Regulation Authority over “a botched IT platform migration that left two million customers locked out of their accounts in 2018,” Chris Dinga, Payments Analyst at… Read More

December 21, 2022 @ 10:03 pm By Omar Faridi  |  

When it comes to payments, Latin America is “diving deeper into alternatives,” according to an update from EBANX. Beyond Borders 2022/2023, a recent study by EBANX, a Brazilian fintech that processes payments for global players in rising markets, “shows that alternative payment methods (APMs) have… Read More

December 21, 2022 @ 10:51 am By Omar Faridi  |  

Splitit (ASX:SPT), which claims to be the “only” white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, and Worldline (Euronext: WLN), a global firm focused on payment services, announce “the signing of a partnership agreement with… Read More

December 20, 2022 @ 8:17 pm By Omar Faridi  |  

​BOKIS, a Danish payment and card company, and Nets, part of the Nexi Group, have entered into a new agreement that “runs until 31 December 2029.” BOKIS member banks will continue “to issue and process the Danish domestic card, Dankort, and international payment cards through… Read More

December 20, 2022 @ 11:06 am By Omar Faridi  |  

Green Dot Corporation (NYSE: GDOT), a digital bank and fintech enabling powerful banking and payment solutions for businesses and consumers, and Wealthfront, an automated wealth management provider serving the next generation of investors, have extended their partnership that “provides seamless checking features and money movement… Read More

December 19, 2022 @ 8:05 pm By Omar Faridi  |  

Mastercard (NASDAQ: MQ) brings Apple Pay to its cardholders in Kuwait. Apple Pay is “providing a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the… Read More

December 19, 2022 @ 3:24 pm By JD Alois  |  

Wedge and Fiserv, Inc. (NASDAQ: FISV) have partnered on programmable payments, according to a release. Wedge is an app-based service that offers a digital wallet and spending app, including cryptocurrencies, stocks, and cash. Fiserv is a payments and transfers Fintech. Wedge will bring its services… Read More

December 19, 2022 @ 12:14 pm By Omar Faridi  |  

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, published the second edition of the Cross-Border Payments Bulletin in its Faster Payments Knowledge Center. The FPC Cross-Border Payments Work Group, sponsored by Wells Fargo,… Read More