Tagged: payments

December 18, 2022 @ 11:47 pm By Omar Faridi  |  

Rakuten France has announced the launch of an integrated payment solution, Club R Pay, becoming the first e-commerce player to offer such a system in marketplaces. A universal integrated payment solution, Club R Pay facilitates purchases “for the 12 million members of the Club R… Read More

December 16, 2022 @ 8:27 am By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). The license, once received, “will allow Payoneer to offer additional payments… Read More

December 15, 2022 @ 10:43 pm By Omar Faridi  |  

Ibanera, a global banking and payments company, announced the launch of its new partnership with Cross River, a technology infrastructure provider that offers embedded financial solutions, “to power Ibanera’s digital banking platform and payments capabilities with its API driven platform and proprietary banking core.” Michael… Read More

December 15, 2022 @ 4:48 pm By JD Alois  |  

Airwallex has been selected by TripActions to power cross-border payments and currency exchange for TripActions Liquid, its corporate card, and expense management solution. Ravi Adusumilli, Global Head of Partnerships and General Manager of Americas at Airwallex, says identifying faster and safer ways to move and… Read More

December 14, 2022 @ 10:37 pm By Omar Faridi  |  

Clear Junction has announced the launch of a new escrow accounts solution which will act as a DVP (delivery versus payment) protection “for those wishing to trade in digital currencies and fiat.” The recent headlines surrounding FTX and other digital currency exchanges “has led to… Read More

December 14, 2022 @ 7:59 pm By Omar Faridi  |  

Currencycloud, which claim to be the experts simplifying business in a multi-currency world, has partnered with South Korea-based global remittance and payment provider SentBe in order “to improve the regional reach of its payments service and offer its Korean consumers and businesses a more streamlined,… Read More

December 12, 2022 @ 10:57 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global financial technology platform of “choice” for leading businesses, has announced that it has partnered with KodyPay, the fully integrated ordering and payment platform for businesses. Adyen’s financial technology “will support the growth of hospitality businesses by powering seamless payments, data analytics… Read More

December 11, 2022 @ 10:15 pm By Omar Faridi  |  

BI-FAST, Indonesia’s domestic real-time payments scheme — provided by Bank Indonesia and powered by ACI Worldwide (NASDAQ: ACIW), a key player focused on mission-critical, real-time payments software — has announced plans “to launch a wide range of new real-time payment services as the scheme celebrates… Read More

December 11, 2022 @ 9:58 pm By Omar Faridi  |  

Boost, which claims to be the leading regional full-spectrum fintech arm of Axiata, and Payments Network Malaysia (PayNet), the national retail payments network infrastructure announced that Boost merchants in Malaysia can now “accept cross-border payments from Thailand tourists via its DuitNow QR.” This new feature… Read More

December 11, 2022 @ 1:26 pm By Omar Faridi  |  

Computop, a global payment service provider, and ESW, the direct-to-consumer (DTC) ecommerce company, announced that the companies have “extended their strategic partnership in several key global markets.” Building on its nine-year relationship with Computop in the UK, ESW will now also “use its Paygate payment… Read More

December 10, 2022 @ 7:17 pm By Omar Faridi  |  

TreviPay, a key player focused on global B2B payments and invoicing solutions, announced the signing of a definitive agreement to acquire payment platform Apruve. Apruve offers “a robust suite of payment solutions for global enterprises that will complement and expand on TreviPay’s existing order-to-cash technology… Read More

December 10, 2022 @ 4:10 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Alpian SA, Switzerland’s “first” digital private bank, has gone live with core banking and payments services “on Temenos Banking Cloud.” The pioneering bank is “running on Temenos Banking Cloud hosted on Microsoft Azure to create an accessible offering that unifies… Read More

December 9, 2022 @ 3:58 pm By Omar Faridi  |  

MarketTime, the provider of order-writing, business intelligence and B2B eCommerce platforms in the industry, has announced its payments solution will be powered by Balance, the B2B payments experience company “offering the first online checkout built for businesses.” Balance claims it is “flipping the old, complacent… Read More

December 8, 2022 @ 5:48 pm By Omar Faridi  |  

MarginEdge, the restaurant management and bill payment platform, announced it has raised a $45 million Series C investment “led by Ten Coves Capital with participation from Fiserv, Derive Ventures, and all previous institutional investors.” This funding, “which more than doubles funding to date to over… Read More

December 8, 2022 @ 11:34 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ) has reportedly integrated Mastercard Track™ Instant Pay, which is described as a next-generation virtual card solution that “uses machine learning and straight-through processing to enable instant payment of supplier invoices.” Marqeta says it will “become the first processor to integrate with Track… Read More

December 7, 2022 @ 10:51 pm By Omar Faridi  |  

What was once an innovation is today “a way of life” for millions of consumers in India. Over the last two and a half years, transactions on the UPI network have “grown by a factor of 6 as digital payments have exploded in India,” according… Read More

December 7, 2022 @ 8:27 pm By Omar Faridi  |  

Atlanta-based global payments technology company Brightwell launched its ATM program solutions that “offer a cost-effective way for the cruise industry to drive revenue while lowering ATM operation costs.” By partnering with NCR, the largest provider of ATM software applications and hardware, and Travelex, the “market… Read More

December 7, 2022 @ 4:08 pm By JD Alois  |  

Airwallex has partnered with open banking platform Plaid. The agreement will see Airwallex offer an integrated solution for Automated Clearing House (ACH) payments. Airwallex said this will enable a more seamless and cost-efficient way to authorize debits from bank accounts into Airwallex accounts.  Users will… Read More

December 7, 2022 @ 8:09 am By Omar Faridi  |  

Sometimes, innovation comes “out of frustration.” That was “certainly” the case for kennek, the vertical software solution for lenders. As Thibault Lancksweert, kennek Founder and Co-CEO notes: “Our motivation for starting kennek stemmed from our own frustrations as lenders. We found that, despite the many… Read More

December 6, 2022 @ 8:09 pm By Omar Faridi  |  

Instant payments, also called real-time payments, are a form of electronic payment “that is available 24/7/365, with the payment processed and funds made available tothe recipient instantly.” the team at Juniper Research explains. However, there is “not a singularly accepted definition of instant payments, with… Read More