Tagged: payments

February 8, 2023 @ 1:17 am By Omar Faridi  |  

Wink, a Texas and California based, biometric identity and payments platform, is pleased to announce that it has received an additional $3M million of seed investment. This seed equity round “follows the $2.85 million previously raised in a pre-seed round in 2021-22.” The additional financing… Read More

February 7, 2023 @ 11:25 pm By Omar Faridi  |  

Innoviti Technologies in collaboration with Reliance Retail, ICICI Bank and Kotak Mahindra Bank announced the launch of in-store acceptance of retail payments via Digital Rupee – Retail [e₹-R]. After being the first to introduce dynamic QR based in-store UPI payments, Reliance Retail, in continuance of… Read More

February 7, 2023 @ 4:37 pm By Omar Faridi  |  

Northern Regional Hospital, a healthcare system of choice for the region, has partnered with DailyPay—the provider of on-demand pay—to provide an essential employee benefit to healthcare employees. Through the partnership, Northern Regional Hospital employees will “have the power of choice and control over their earned… Read More

February 7, 2023 @ 8:19 am By Omar Faridi  |  

Nucleus365, a UK-headquartered payment institution providing a centralized platform for international payment processing, FX, and connected banking, has introduced Rapid Transfer payment options for its European merchants. Rapid Transfer enables clients to pay merchants instantly using their online banking details, offering same-day settlements of funds…. Read More

February 5, 2023 @ 7:17 pm By Omar Faridi  |  

Klarpay AG marks a “significant” expansion of its international payment offering with the launch of 13 new currency IBAN accounts. This addition “enables digital companies, including online merchants, ad networks, marketplaces, and influencers, to collect and disburse payments in AED, AUD, CAD, DKK, HKD, HUF,… Read More

February 3, 2023 @ 10:37 am By Omar Faridi  |  

SEJ Services, which claims to be the most-trusted choice for janitorial and facility services throughout the Southeastern United States, has partnered with DailyPay–the provider of on-demand pay. Through this partnership, SEJ Services adds “an essential financial tool to its existing suite of employee benefits allowing… Read More

February 2, 2023 @ 8:38 pm By Omar Faridi  |  

Quick and easy payouts trump all other factors for North American and U.K. online sports bettors when selecting a sportsbook, according to the latest All the ways players pay research from payments platform Paysafe (NYSE: PSFE). The report also “reveals the crucial role of the… Read More

February 2, 2023 @ 3:39 pm By Omar Faridi  |  

WooCommerce B2B stores can now easily add business buy now, pay later options within their eCommerce checkout thanks to the Kriya Payments plug-in. As our planet sets off on another orbit, it is natural for our minds “to gravitate towards a lull of self-reflection on… Read More

February 2, 2023 @ 3:38 pm By Omar Faridi  |  

Mastercard (NYSE: MA), a technology firm focused on the global payments industry, has partnered with Bahrain’s fintech and payment service provider Eazy Financial Services (EazyPay) that will now be powered by Mastercard Payment Gateway Services (MPGS). MPGS is a trusted platform that “provides financial institutions… Read More

February 1, 2023 @ 9:45 pm By Omar Faridi  |  

Strike, which claims to be the world’s “leading” digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of its “Send Globally” product to the Philippines. Send Globally now “enables fast, secure, and low-cost money transfers between the U.S. and the Philippines, revolutionizing traditional… Read More

February 1, 2023 @ 9:31 pm By Omar Faridi  |  

Paymentology, which claims to be the “first” global issuer-processor, announces the appointment of Nadia Benaissa as Global Head of Marketing, and member of its leadership team. Nadia is “a seasoned marketing expert with a passion for fintech, bringing with her more than 20 years’ experience… Read More

February 1, 2023 @ 12:03 pm By JD Alois  |  

Checkout.com announced leadership changes described as a “significant step” in its expansion in the US as it aims to challenge market leader Stripe. Based in London, Checkout.com launched in 2012, becoming an authorized payment institution. and then an electronic money institution (EMI) in 2017. In… Read More

January 31, 2023 @ 1:48 pm By Omar Faridi  |  

Binance and Mastercard (NYSE: MA) are excited to announce the launch of Binance Card in Brazil. Brazil is among “the top ten markets for Binance globally and becomes the second country in Latin America to have the product, following its release last year in Argentina.”… Read More

January 31, 2023 @ 9:25 am By JD Alois  |  

Stellar blockchain proponents Tempo France and Armenotech have announced a partnership on payments and remittances, according to a note from the firms. Tempo France is an international money transfer system that recently utilized Stellar to power transfers in Europe and the Asia Pacific region. Tempo… Read More

January 31, 2023 @ 8:09 am By Omar Faridi  |  

Large enterprises today are facing significant macroeconomic uncertainty across the world, according to an update from Paysend. Alexander Budyakov, Enterprise Business Executive, Paysend, notes that the fallout of the COVID-19 pandemic continues “to disrupt markets and supply chains whilst inflationary pressures and fluctuating currency markets… Read More

January 30, 2023 @ 10:16 pm By JD Alois  |  

Multiple reports today indicate that Elon Musk wants to incorporate payments as a service within Twitter. The initial source of information was an article published in the FT today that indicated Musk would start with fiat currencies and perhaps add cryptocurrency in the future. Twitter… Read More

January 29, 2023 @ 6:32 pm By Omar Faridi  |  

The Hong Kong credit and charge card payments market is set “to grow at a compound annual growth rate (CAGR) of 3.9% between 2022–2026 to reach HKD 831.9 billion ($106.7 billion) in 2026, driven by a significant shift in consumer preferences towards non-cash payment methods… Read More

January 28, 2023 @ 8:35 pm By Omar Faridi  |  

Worldline [Euronext: WLN], a key player focused on payments services, announced the launch of its Buland Bharat digital payments suite, which is designed specially “keeping in mind the needs and wants of small and medium businesses (SMBs) in India.” The Buland Bharat digital payments suite… Read More

January 28, 2023 @ 7:22 am By Omar Faridi  |  

Stripe Inc., which is one of Silicon Valley’s most valuable Fintechs, is reportedly getting closer to what might be one of the largest public-market entries in recent times. Stripe co-founders Patrick and John Collison told company workers that the firm’s executives set a goal of… Read More

January 27, 2023 @ 9:06 pm By Omar Faridi  |  

Bluefin, which claims to be a leader in integrated payments and data and payment security, today announced it has teamed up with Visa for network tokenization. Through this collaboration, Bluefin will “integrate directly with Visa to provide network tokens across card brands.” Bluefin will “provide… Read More