Tagged: payments

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In a world where everything is available on demand, being paid once every month is “an increasingly outdated way of doing things for many,” according to an update from Fintech firm Modulr.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

July 16, 2022 @ 3:33 pm By Omar Faridi  |  

Investing money and paying with the investment at any time, “free of charge?” It is now possible, according to an update shared with CI. Berlin-based startup, UnitPlus, has launched (what it claims to be) the world’s first ETF investment product “with a seamlessly integrated payment… Read More

July 15, 2022 @ 2:59 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is reportedly one of the first set of DeFi liquidity… Read More

July 14, 2022 @ 4:05 pm By Omar Faridi  |  

Global Primex, a “privacy-first” payments company specializing in secure digital payment solutions for merchants and consumers, announced the launch of its payment platform VLoad in partnership with New York-based Metropolitan Commercial Bank (NYSE: MCB). VLoad is an online payment method that provides privacy and security… Read More

July 14, 2022 @ 3:19 pm By Omar Faridi  |  

A new partnership between global branded payments provider, Blackhawk Network, and global retail bank, payments, and shopping service, Klarna, will extend the ability for consumers “to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.” As consumers expect increased flexibility in… Read More

July 14, 2022 @ 2:28 pm By Omar Faridi  |  

Monneo, the end-to-end payment ecosystem provider, claims that it’s leading the way for Banking as a Service (BaaS) as it introduces a new API. Monneo’s BaaS partners and customers may take advantage of the complete range of payments and transaction services, and also benefit from… Read More

July 14, 2022 @ 11:03 am By Omar Faridi  |  

Melio, a B2B payments platform for small businesses, announced the launch of a “fully integrated” accounts payable solution with Capital One Business. This strategic partnership will “enable Capital One small business cardholders to pay their vendors and suppliers with a card – even if they… Read More

July 13, 2022 @ 11:17 pm By Omar Faridi  |  

ABN AMRO’s (AMS: ABN) freelancer payout solution Payday is launching a new pilot in collaboration with Younited®, the widely-used platform for self-employed workers: the Payday Freelancer Wallet app. The freelance market continues “to flourish and grow,” according to an update from the ABN AMRO.  In… Read More

July 13, 2022 @ 11:08 pm By Omar Faridi  |  

French startup Qori has officially launched services, allowing Europeans to make payments in store, remotely or online with their bank or virtual currency wallets without being required to download a proprietary app. The “pay by bank” and “pay by crypto” tech is currently available to… Read More

July 13, 2022 @ 8:27 pm By Omar Faridi  |  

BPC, the international payments solution provider, has been selected as partner by NanoPay in Mexico, and has launched its anti-fraud solution SmartVista in order to safeguard credit card transfers for its clients. Daniel Hernández, Business Development Director and Country Manager Mexico at BPC, said: “The… Read More

July 13, 2022 @ 8:48 am By Omar Faridi  |  

Kadmos, the end-to-end salary payments platform for cross-border employers, has raised €29 million in a Series A funding round “led by Blossom Capital.” The investment round, which follows an €8.3 million seed round back in December, also included existing investors Addition and Atlantic Labs. The… Read More

July 12, 2022 @ 6:41 pm By Omar Faridi  |  

Canada’s debit network Interac is reportedly adding a backup network provider after this past week’s large-scale outage at Rogers, which had left millions of clients unable to complete payments. In statements shared with Reuters, the company’s management noted: “We are adding a supplier (besides Rogers)… Read More

July 12, 2022 @ 8:53 am By Omar Faridi  |  

The Latin American digital asset exchange Bitso has introduced a cryptocurrency remittance service in Colombia. The service, which should enable individual consumers and businesses to send and receive “digital dollars,” is reportedly one of the first crypto-based remittance products offered in Colombia to date, according… Read More

July 11, 2022 @ 1:51 pm By Omar Faridi  |  

Brite Payments is set to significantly enhance monthly paid subscriptions with the launch of its recurring payments service. The Stockholm-based company claims it is set “to improve consumer convenience for subscription-based online businesses with its innovative, customer-first payment technology, as well as providing significant advantages… Read More