Tagged: payments

July 28, 2022 @ 10:47 pm By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading open banking platform, announced the availability of TrueLayer Payments for WooCommerce plugin, “enabling ecommerce SMBs to seamlessly add instant, secure account-to-account payments to their website.” Luxury watch retailer BQ Watches is one of “the first businesses to implement… Read More

July 28, 2022 @ 9:43 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced that Victor Technologies, Inc. is “working with the company to advance its instant payments strategy.” A subsidiary of MVB Edge Ventures, Inc., and part of the MVB Bank, Inc. family, Victor helps banks “manage fintech partnerships and… Read More

July 27, 2022 @ 10:07 pm By Omar Faridi  |  

Balance, which claims to be the leader in B2B marketplace and eCommerce payments, announced a $56 million Series B fundraise, “bringing the company’s total funding to $87M.” The round was “led by Forerunner Ventures with support from Salesforce Ventures.” Hubspot Ventures, Lyra Ventures, and Gramercy… Read More

July 27, 2022 @ 8:24 am By Omar Faridi  |  

Virgin Money has announced it is set “to enter the buy now, pay later market later this year, with its market-leading product, Virgin Money Slyce.” This will allow customers “to enjoy the benefits of a traditional buy now, pay later product in a simple, safe… Read More

July 26, 2022 @ 4:51 pm By JD Alois  |  

Routable has added a new cross-border payments solution that is said to allow payments across most all countries in the world. Routable pitches its platform as the simplest way to enable business-to-business payments. Its service is utilized by companies like Ticketmaster and Remax. Omri Mor,… Read More

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

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions,  announced a partnership with Singapore-based major payments institution FOMO Pay, which will “utilize Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows.” On-Demand Liquidity (ODL) leverages XRP, the digital asset “built… Read More

July 26, 2022 @ 12:13 pm By JD Alois  |  

GoCardless now offers Variable Recurring Payments (VRP). GoCardless states that its service will enable developers etc. to incorporate VRPs as the deadline for VRPs nears. GoCardless is a direct bank payment solution that facilitates both both recurring and one-off payments directly from customers’ bank accounts… Read More

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