Tagged: payments

November 10, 2022 @ 8:19 pm By Omar Faridi  |  

Cash, check or charge? How “quaint.” The way we move money — and what we consider money — has “changed dramatically over the last decade,” according to an update from Mastercard (NYSE: MA). The use of cash is “declining, and personal checks are largely on… Read More

November 10, 2022 @ 5:09 pm By Omar Faridi  |  

Gate.io, which claims to be one of the world’s “earliest” and “largest” cryptocurrency exchanges, has officially launched Gate Pay, a crypto-based payment product. Gate.io believes that, “with a larger purpose to bridge the divide between blockchain and everyday life, cryptocurrencies will assume the basic and… Read More

November 10, 2022 @ 7:54 am By Omar Faridi  |  

KodyPay, a payments company, has raised an additional $5 million in Q3 2022. The financing round involved major shareholders “alongside new strategic investors bringing the total funding raised to US$10 million.” KodyPay claims that it “brings the ease and optionality of online payments to brick… Read More

November 10, 2022 @ 7:50 am By Omar Faridi  |  

Ping, the global payment platform for freelancers and contractors, announced a $15 million seed funding round from key investors “including Y-Combinator, Race Capital, BlockTower, Danhua Capital, Signum Capital and Goat Capital.” The funds from the investment round will “further propel and expand Ping’s platform to… Read More

November 9, 2022 @ 10:47 pm By Omar Faridi  |  

Shieldpay, the Fintech solving complex B2B payments, has announced its partnership with Checkout.com, the global payments platform, “to support customers that need more than just straight-through-processing.” This partnership will allow Checkout.com “to leverage Shieldpay’s unique payment engine and digital escrow capabilities to address the payment… Read More

November 9, 2022 @ 9:34 pm By Omar Faridi  |  

PayTabs — MENA and South Asia’s payments Fintech — in a new move announced that it plans “to acquire a 100% stake in Digital Pay, Saudi Arabia.” Under the terms of the acquisition, Digital Pay will “serve as PayTabs’ flagship point of sale (POS) terminal… Read More

November 8, 2022 @ 11:07 pm By Omar Faridi  |  

AstroPay, the online payment solution of “choice” for millions of users worldwide, is pleased to launch its new product in Brazil, a Mastercard prepaid card. This move will “provide both new and existing AstroPay customers with the ability to pay in any store that accepts… Read More

November 7, 2022 @ 10:27 pm By Omar Faridi  |  

Enjaz Payment Services Company, a Fintech company licensed by the Saudi Central Bank announced a partnership with Thunes, a global player focused on cross-border payments. This agreement will help customers in Saudi Arabia “to make instant international transfers globally to bank accounts and digital wallets… Read More

November 7, 2022 @ 8:38 am By Omar Faridi  |  

Worldline [Euronext: WLN], a global player focused on payment services, has integrated its Fraud Management Suite into the issuing platform of Finnish bank S-Bank. Supported by Worldline technology, S-Bank will “deploy extensive real-time fraud detection for debit and credit cards whilst increasing the efficiency of… Read More

November 6, 2022 @ 10:28 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), which claims to be the global financial technology platform of choice for leading businesses, recently announced a partnership with Teamwork Commerce, a mobile POS and OMS omnichannel retail solution, in the U.S. and Europe. Integrating Adyen’s technology and Teamwork’s cloud-based mobile POS… Read More

November 4, 2022 @ 2:17 am By Omar Faridi  |  

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and other applicable provisions/ regulations, if any, Infibeam are pleased to inform that the Reserve Bank of India has granted In-Principle Authorization to operate as a Payment Aggregator under the… Read More

November 3, 2022 @ 5:33 pm By JD Alois  |  

Stripe has issued a statement that it has cut 14% of its workforce as the challenging economy of sky-high inflation, rising interest rates, and slowing business activity hits home. Stripe said they expect to return to their February headcount of 7000 employees. In a letter… Read More

November 3, 2022 @ 12:27 pm By Omar Faridi  |  

McAfee Corp., a global player in online protection, announced an exclusive partnership with Mastercard (NYSE: MA), a global technology company in the payments industry, “to offer Mastercard personal and small-medium size business cardholders access to online protection solutions.” In 2021, 83% of organizations “reported experiencing… Read More

November 2, 2022 @ 7:27 pm By Omar Faridi  |  

Honeywell (Nasdaq: HON) announced the release of Honeywell Smart Pay, a contactless software payment solution “enabling the company’s powerful mobile computers to become secure and compliant payment terminals, accepting contactless mobile payments from anywhere a business sells or delivers goods and services.” Honeywell Smart Pay… Read More

November 2, 2022 @ 5:00 pm By Omar Faridi  |  

Bluefin, the integrated payments firm focused on PCI-validated encryption and tokenization technologies that protect payments and sensitive data, announced the acquisition of TECS Payment Systems, a global provider of omnichannel payment solutions to acquirers, payment service providers and POS system providers. Consumer demand for omnichannel… Read More

November 2, 2022 @ 12:17 pm By Omar Faridi  |  

Rapyd, the fintech platform for global payments, payouts and business everywhere, has announced the launch of a multi-currency Treasury Solution, which is reportedly the “first of its kind” for the APAC area. This solution is described as a collection of cash management features/solutions that optimize… Read More

November 2, 2022 @ 10:37 am By Omar Faridi  |  

Global fintech platform Airwallex announced a Buy Now Pay Later (BNPL) functionality in partnership with Atome, Asia’s lBNPL brand. Announced recently, the collaboration will “enable Airwallex merchants to offer BNPL as a payment option to shoppers across Hong Kong, Indonesia, Malaysia and Singapore.” The partnership… Read More

November 2, 2022 @ 8:39 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global player in the evolution of digital P2P payments, announced the launch of “a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile app.” This new and innovative feature “gives MoneyGram customers in nearly… Read More

November 1, 2022 @ 2:37 pm By Omar Faridi  |  

One Inc, the digital payments network for the insurance industry, announced that it has integrated the Hi Marley Insurance Cloud with One Inc’s ClaimsPay platform. This integration “allows carriers to conduct text message conversations with claimants inclusive of digital payment, a unified and modern approach.”… Read More

October 31, 2022 @ 9:27 pm By Omar Faridi  |  

Cashfree Payments, India’s payments and API banking solutions company, has rolled out their Disbursement and Collections solution for Lending, “to enable NBFCs and their partner LSPs to comply with the new Digital Lending guidelines.” Cashfree Payments will “facilitate both digital lending and co-lending use cases… Read More