Tagged: payments

November 21, 2022 @ 11:39 pm By Omar Faridi  |  

Bigo Live, which claims to be one of the world’s fastest-growing social live streaming platforms, has enabled their users to top up accounts by paying “with cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and USD Coin (USDC).” Powered by licensed crypto payment gateway TripleA,… Read More

November 21, 2022 @ 6:38 pm By Omar Faridi  |  

Fortis, which claims to be the leader in embedded payments for software providers, announced the company is “expanding its suite of technology solutions by acquiring Payment Logistics, a payment technology company based in La Jolla, California.” Payment Logistics “not only brings dozens of embedded payments… Read More

November 20, 2022 @ 7:47 pm By Omar Faridi  |  

Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, announced that it has partnered with HDFC Bank Limited, India’s largest private-sector bank, “to enable Indian payers to seamlessly and digitally pay international education fees to higher education institutions all over the world.” The… Read More

November 20, 2022 @ 2:55 pm By Omar Faridi  |  

The PCI Security Standards Council (PCI SSC) published a new standard designed “to support the evolution of mobile payment acceptance solutions.” PCI Mobile Payments on COTS (MPoC) “builds on the existing PCI Software-based PIN Entry on COTS (SPoC) and PCI Contactless Payments on COTS (CPoC)… Read More

November 19, 2022 @ 10:27 pm By Omar Faridi  |  

Checkout.com, the cloud-based payments service provider, unveils its expansion into Israel and a strengthening of its commitment to the region “with the launch of a research and development hub in Tel Aviv, Israel.” The launch of a new office in Israel is “a continuation of… Read More

November 19, 2022 @ 9:39 pm By Omar Faridi  |  

Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed “to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.” A Memorandum… Read More

November 19, 2022 @ 1:22 pm By Omar Faridi  |  

ESTO Group, a provider of “innovative” payments and shopping solutions in the Baltics, announced that it has entered a strategic partnership with Multitude Bank p.l.c. The company has provided the following operational and financial information. Multitude Bank has “committed €14m into a bond program to… Read More

November 16, 2022 @ 10:28 pm By Omar Faridi  |  

Opn, the one-stop payments solutions company from Japan and Southeast Asia, announced that it has acquired MerchantE, an end-to-end digital commerce platform that “provides payment processing and solutions to businesses of all sizes in the United States.” The acquisition will “accelerate Opn’s growth and innovation… Read More

November 16, 2022 @ 9:22 pm By Omar Faridi  |  

It’s not your “imagination.” Digital scams are “everywhere in our daily lives.” And as the holiday season approaches, fraudsters are “counting on you to let your guard down and take the bait,” according to an update from Visa (NYSE: V). Whether in the workplace or… Read More

November 16, 2022 @ 8:24 am By Omar Faridi  |  

Banked Ltd, the London-based Fintech company building a next-gen global payment network, announced that it has raised over $15 million in a Series A extension round, “led by global software investor Insight Partners.” The investment round was “supported by Citi and National Australia Bank Ventures,… Read More

November 15, 2022 @ 10:50 pm By Omar Faridi  |  

NAB Now Pay Later is now live and “available for the 52,000 customers who pre-registered.” In a move to give Australians more control of their money, customers can now “apply for and use the bank’s new instalment payments product in their NAB app.” Customers can… Read More

November 15, 2022 @ 9:05 pm By Omar Faridi  |  

Brightwell, an Atlanta-based global payments technology company, announced a new cross-border payments solution, Brightwell’s ReadyRemit, powered by The Bancorp Bank, N.A., and Mastercard’s Cross-Border Services. ReadyRemit allows fintechs, businesses and program managers “to increase revenue and loyalty by offering a user-friendly, cross-border payments solution that… Read More

November 15, 2022 @ 8:29 am By Omar Faridi  |  

Klarpay AG marks a significant expansion of its international payment capabilities “with the launch of dedicated USD and GBP Accounts.” This addition “enables digital companies, including online merchants, ad networks, marketplaces, and influencers, to collect and disburse USD and GBP payments globally via their corporate… Read More

November 14, 2022 @ 8:06 pm By Omar Faridi  |  

As part of its mission to promote financial equity and inclusion for all working Americans, DailyPay has teamed up with the veteran-run Coordinated Assistance Network (CAN) to “make free financial coaching and counseling available to millions of DailyPay users.” Partnering with America’s employers, DailyPay enables… Read More

November 14, 2022 @ 10:51 am By JD Alois  |  

Wise (LSE:WISE) has partnered with Deel on a new service that aims to make payroll processing far simpler and faster. Deel has been a Wise Platform partner since 2019. Deel is a company that enables the hiring and payments services for companies hiring international employees… Read More

November 14, 2022 @ 10:35 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for large businesses, announced that Instacart, the grocery technology company in North America, “has selected the company as an additional payments processing partner.” As part of the new partnership, Instacart will “leverage Adyen functionality, including… Read More

November 14, 2022 @ 8:52 am By JD Alois  |  

DivideBuy, a UK-based point of sale (POS) credit provider, has announced a new partnership with payments platform Acquired.com. Acquired.com is a Visa and Mastercard accredited payment service provider as well as a Payment Initiation Service Provider (PISP) – regulated by the FCA, receiving its license… Read More

November 13, 2022 @ 4:40 pm By JD Alois  |  

Twitter’s filing with FINCEN (the US Department of Treasury, Financial Crimes Enforcement Network), has surfaced in the agency’s database. According to the filing, Twitter Payments, LLC has filed to become a Money Transmitter in all 50 states and territories. Twitter Payments joins over 25,000 Money… Read More

November 12, 2022 @ 3:18 pm By Omar Faridi  |  

Globally, rising inflation, a higher cost of living, and slower wage growth are impacting the lives of people right around the world. A recent report suggested that many consumers are turning to physical cash to help manage their finances amid the cost-of-living crisis. But Muhannad… Read More

November 10, 2022 @ 11:01 pm By Omar Faridi  |  

Bitso, the cryptocurrency platform in Latin America, with more than 6 million users, “will enable users of its app from the entire region who travel to Argentina to pay for their purchases with crypto through QR, a very widespread payment method in the country.” This… Read More