Tagged: payments

June 3, 2022 @ 7:20 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), which claims to be an international “leader” in the evolution of digital P2P payments, and Mobily Pay, a “pioneering” mobile wallet powered by Saudi-based telecommunications and digital service provider Mobily, have announced a partnership “to launch MoneyGram’s leading international money… Read More

June 2, 2022 @ 2:37 pm By Omar Faridi  |  

JAGGAER, the international “leader” in Autonomous Commerce, recently announced a relationship with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation firm. Suppliers can now “reduce manual work and lower administration cost by automating the process of sending out invoices within or outside of JAGGAER’s network… Read More

June 2, 2022 @ 10:31 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s “leading” open banking platform, and Thunes, a Singapore-based fintech company and a “leader” in global cross-border payments, recently announced their partnership “to streamline and improve the payment experience of consumers in the UK and Europe.” Thunes is building “a… Read More

June 2, 2022 @ 9:16 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth and Stripe, a financial infrastructure platform for businesses, announced a partnership that “makes Affirm’s Adaptive Checkout available to Stripe users in the U.S. today.” Adaptive Checkout uses Affirm’s smart decision engine “to… Read More

June 2, 2022 @ 6:46 am By Omar Faridi  |  

Nexi S.p.A. reveals that it has committed to a long-term strategic partnership with BPER Banca S.p.A. and Banco di Sardegna S.p.A. by transferring BPER and Banco di Sardegna’s merchant acquiring and POS management businesses to Nexi Payments S.p.A. As noted in the update, Nexi intends… Read More

June 2, 2022 @ 1:07 am By Omar Faridi  |  

Visa (NYSE: V), a “world leader” in digital payments, announced that it is partnering with Fundbox, an embedded working capital platform for small businesses, to strengthen Fundbox’s platform “with the power of digital payments.” The first step in this collaboration “is the launch of the… Read More

June 1, 2022 @ 1:02 am By Omar Faridi  |  

Money20/20 Europe will see the “convergence of complementary financial services” applications in the Banking Circle ecosystem. A technology-agnostic platform underpinned by an account infrastructure from which a range of financial services can be delivered, the Banking Circle ecosystem will “enable financial institutions to accelerate the… Read More

May 31, 2022 @ 11:37 pm By Omar Faridi  |  

Merge has secured $9.5 million in capital via a seed round in order to create its API-powered banking and payments solution, effectively bridging the gap between fiat and cryptocurrency-based ecosystems. Merge aims to address the ongoing struggle that many firms in the crypto economy face… Read More

May 31, 2022 @ 3:14 pm By Omar Faridi  |  

NatWest has introduced an API that allows commercial clients to embed Confirmation of Payee into their own systems and processes. Confirmation of Payee was launched across the United Kingdom’s banking sector in June 2020 in order to combat scammers and safeguard against user errors. The… Read More

May 31, 2022 @ 12:27 pm By Omar Faridi  |  

The team at Fintech Monzo notes that you can now send funds abroad from your Monzo Business account. Monzo confirmed that they have partnered with global Fintech firm Wise (LSE:WISE) in order to give clients a simple, affordable way to send funds overseas. The money… Read More

May 31, 2022 @ 12:17 pm By Omar Faridi  |  

Clear Junction has recently announced it is providing a range of cross-border payments services to NovaPay, the payment arm of one of the “major” retail logistics brands in Ukraine. The Nova Poshta group is a postal and courier company that “provides express delivery services for… Read More

May 30, 2022 @ 6:31 pm By Omar Faridi  |  

When you expect the “unexpected,” you can set your business up to “weather turbulent times,” according to an update from Adyen. If the past few years of the global pandemic have done anything, “they’ve proven that adage true.” When it became clear that the retail,… Read More

May 27, 2022 @ 6:41 pm By Omar Faridi  |  

Mastercard (NYSE: MA), a tech leader in the international payments sector, has announced a strategic partnership Saudi Arabia-based HyperPay, which claims to be the fastest growing e-commerce payments services provider in the MENA region, in order to drive the adoption of digital payment solutions across… Read More

May 27, 2022 @ 1:17 pm By Omar Faridi  |  

NAB has introduced a Buy Now, Pay Later (BNPL) solution that it says will not hit consumers with late charges, account fees or interest payments. The banking institution will reportedly allow clients to spend as much as $1,000 through a virtual credit card that’s embedded… Read More

May 27, 2022 @ 10:54 am By JD Alois  |  

This should really come as absolutely no surprise, Fintech Marqeta (NASDAQ: MQ) has distributed a study that states digital payments increase fueled by the COVID health crisis – is here to stay. During the somewhat dubious lockdowns, digital transactions of all kinds rocketed higher. The… Read More

May 27, 2022 @ 9:30 am By JD Alois  |  

While some Fintechs have announced layoffs as the economy stumbles due to inflation and other concerns, Paystrax has just announced it will be doubling the size of its headcount in Lithuania. Paystrax is a payment processing solution that has offices in the UK, Iceland, and… Read More

May 27, 2022 @ 8:36 am By Omar Faridi  |  

Clearpay, a key player in Buy Now, Pay Later payments known as Afterpay outside the United Kingdom and Europe, has made its in-store payment functionality available to SMBs across the UK’s high streets. By providing installment payments in-store, Clearpay is supporting them to drive more… Read More

May 26, 2022 @ 9:37 pm By Omar Faridi  |  

Paystand, a key player in blockchain-powered B2B payments, and the maker of the fast-growing Payment SuiteApp for NetSuite AR, has announced new automatic billing and payment features “to provide a faster, simpler, and better customer and user experience.” The product offerings work with Paystand’s current… Read More

May 26, 2022 @ 12:27 pm By Omar Faridi  |  

Paddle, the complete payments infrastructure for SaaS companies, announced that it has acquired ProfitWell, the provider of subscription metrics and retention automation software. The deal – valued at more than $200 million in cash and equity – is “the next step in Paddle’s mission to… Read More

May 26, 2022 @ 6:36 am By Omar Faridi  |  

Fintech firm Revolut is now entering the fast-growing spend management sector with a new in-app product that allows companies to issue payment cards with a quick tap and set up time and category-based spending limits. After the roll-out of Payroll for UK clients this February… Read More