Tagged: payments

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

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