Tagged: payments

July 25, 2022 @ 10:31 pm By Omar Faridi  |  

Ablr, a Buy Now Pay Later (BNPL) platform, recently revealed that it has now gone live in Malaysia. At present, the company has a network of more than 30 different brands in Malaysia and Singapore, which span around 250 merchant points. First-time consumers may download… Read More

July 25, 2022 @ 10:17 pm By Omar Faridi  |  

Instacart, which claims to be the leading grocery technology company in North America, and Chase, one of the largest co-brand card issuers in the U.S., recently launched the new Instacart Mastercard credit card, with Mastercard as the “exclusive” payments network. With this “first-ever” credit card… Read More

July 25, 2022 @ 9:47 pm By Omar Faridi  |  

According to Visa (NYSE: V) internal reporting, friendly fraud can “account for up to 75% of all chargebacks.” Mike Lemberger, Senior Vice President of North America Risk at Visa, said: “Friendly fraud is not always friendly, especially from a merchant’s perspective,” The Fair Credit Billing… Read More

July 25, 2022 @ 6:59 pm By Omar Faridi  |  

Airwallex, which claims to be a leading global Fintech platform, announced the launch of its Airwallex Online Payments App on Shopify. The Airwallex Online Payments App is “a payment gateway plugin that merchants can integrate on their online store to accept payments from their global… Read More

July 24, 2022 @ 1:44 pm By Omar Faridi  |  

Moneyhub, which claims to be one of the market-leading Open Data and payments platform, is teaming up with Pennyworth, a financial planning and banking app, “to redesign digital banking for the aspiring-affluent consumer.” Pennyworth, which has applied for a UK banking license, has “developed a… Read More

July 24, 2022 @ 12:39 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), which claims to be the global leader in mission-critical, real-time payments software, announced that IR (ASX:IRI), a global provider of performance management and analytics for payment ecosystems, has extended its partnership with ACI “to include enriched end-to-end enterprise transaction monitoring.” Part… Read More

July 22, 2022 @ 9:37 am By Omar Faridi  |  

Credit card chargebacks are reaching “crisis levels” for retailers on both sides of the Atlantic, according to a survey of U.S. and U.K. consumers published by Justt, the chargeback mitigation pioneer. Two-thirds of U.S. shoppers and 44% of British shoppers “have filed chargebacks in the… Read More

July 21, 2022 @ 3:57 pm By Omar Faridi  |  

Payment service provider Clik2pay has introduced flexible and scheduled payment options, offering Canadian businesses “more options when requesting payments from their customers.” These new features make it easier “to request direct-from-account payments – safely and securely, using one of the most trusted money transfer systems… Read More

July 21, 2022 @ 8:51 am By JD Alois  |  

Marqeta (NASDAQ: MQ)has been selected as the payment processor for Opal Plus, the new transit program for Transport for NSW (TfNSW). The New South Wales (NSW) transit program is being offered in partnership with Mastercard Prepaid Managed Services (MPMS). The NSW government is introducing Opal Plus,… Read More

July 21, 2022 @ 8:43 am By Omar Faridi  |  

UL Solutions, which claims to be global leader in applied safety science, announced its collaboration with Iliad Solutions, a company that helps test and launch payment solutions. The collaboration “combines independent third-party services from UL Solutions with Iliad’s testing platform to offer optional support features… Read More

July 20, 2022 @ 8:51 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a referral partnership with Member Driven Technologies (MDT), a credit union service organization. MDT hosts the Episys® core platform from Symitar®… Read More

July 20, 2022 @ 12:57 pm By Omar Faridi  |  

Binance Pay, a contactless, borderless, and secure user-to-user cryptocurrency payment feature by Binance, announced its partnership with Bolt Global, a technology company that builds platforms and services “for the next generation of the internet.” The partnership will “allow Binance users from over 150 countries to… Read More

July 20, 2022 @ 9:41 am By JD Alois  |  

Wise, a global transfers, payments and stealth bank, has reported its Q1 2022 performance. According to the company, it facilitated over £24 billion in transactions during the quarter increasing 49% versus Q1 year prior. In comparison to Q4 2021, Wise delivered a 14% increase (£21.4… Read More

July 19, 2022 @ 9:51 pm By Omar Faridi  |  

Paystand, which claims to be the leader in blockchain-enabled B2B payments, introduced the “world’s first” dynamic discounting application “designed for seller accounts receivable (AR) teams and powered by Ethereum smart contracts.” This is the first solution “to enable seller AR teams to offer buyer accounts… Read More

July 19, 2022 @ 2:24 pm By Omar Faridi  |  

X1 Card, the “smartest” credit card “ever made,” recently announced $25 million in Series B funding and will be “opening applications to the general public in the U.S. in the coming weeks.” The investment round has been “led by FPV Ventures, the new venture firm… Read More

July 18, 2022 @ 11:47 am By Omar Faridi  |  

Google Pay with Adyen enables shoppers “to securely pay online and in-person using the cards stored in the Google account.” The integration is described as being “secure (supporting 3DS), ubiquitous (multiple currencies across many countries) and effortless.” Adyen has partnered with Google “for quite some… Read More

July 18, 2022 @ 9:34 am By Omar Faridi  |  

In a world where everything is available on demand, being paid once every month is “an increasingly outdated way of doing things for many,” according to an update from Fintech firm Modulr. Leveraging the “unique” pay link between employer and employee to empower workers to… Read More

July 17, 2022 @ 1:26 pm By Omar Faridi  |  

Worldline [Euronext: WLN], which claims to be an international leader in payment services, and Casio Computer recently revealed that they have agreed to a business alliance to support card payments and cashless shopping in Japan, a market with significant potential to transform its conservative retail… Read More

July 16, 2022 @ 9:27 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently announced an expansion of its Engage partner network to include its open banking services, “offering customers easy access to several technology partners that can quickly build and deploy open banking solutions for payments and lending decisioning at scale.” According to Mastercard’s… Read More

July 16, 2022 @ 9:01 pm By Omar Faridi  |  

Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, announced that it has completed the acquisition of Cohort Go, an international education payments provider that “brings additional students, agents and essential student services to Flywire.” The acquisition will “build on Flywire’s existing education… Read More