Tagged: payments

May 5, 2022 @ 5:37 pm By Omar Faridi  |  

Amadis, a payment software and consulting provider, has announced a partnership agreement with Softpay.io in order to offer its Universal EMV Level 2 Framework & pre-certified Kernels “for integration into Softpay’s new Tap-to-Pay service.” Softpay’s Tap-to-Pay service can be “downloaded into any Android device and… Read More

May 5, 2022 @ 2:38 pm By Omar Faridi  |  

The Federal Reserve recently reported that it officially began onboarding pilot participants onto the FedNow Service, “signaling that the initial testing phase of the FedNow Pilot Program is underway.” A few organizations have now successfully “connected and delivered test messages over a pilot version of… Read More

May 5, 2022 @ 10:14 am By JD Alois  |  

BPC will help Mexican company Up Sí Vale by providing end-to-end payment services, according to a statement by the company. Up Sí Vale is a prepaid card issuer serving over 4 million customers throughout Mexico.  Up Sí Vale offers a range of prepaid “all-in-one” services… Read More

May 5, 2022 @ 7:52 am By Omar Faridi  |  

Citi (NYSE: C) has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, “further increasing the bank’s global Instant Payments offering.” The launch will provide clients with the ability “to pay to and receive from 36 SEPA countries instantly.” The offering… Read More

May 4, 2022 @ 8:27 am By Omar Faridi  |  

Kevin., a Lithuania -headquartered account-to-account payments Fintech, has acquired $65 million via a Series A round that has been led by Accel. Eurazeo, OTB Ventures, Speedinvest, OpenOcean, Global Paytech Ventures, and a host of angels joined the company’s latest investment round, which has come only… Read More

May 3, 2022 @ 7:07 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

May 3, 2022 @ 8:35 am By Omar Faridi  |  

As the COVID-19 pandemic winds on into its third year, waves of new virus variants continue to “wreak havoc with supply chains,” according to an update from Verifi. Firms responsible for taking goods through each step on the journey “from manufacturing to customers’ doorsteps find… Read More

May 3, 2022 @ 1:47 am By Omar Faridi  |  

Banking Circle, the “tech-first” Payments Bank focused on enabling “fast” and “low-cost” payments, has expanded its payment provision for Poland “with the addition of local Polish Virtual IBAN accounts for collections.” This means PSPs supporting businesses serving the Polish market can now “provide unlimited Virtual… Read More

May 2, 2022 @ 6:04 pm By Omar Faridi  |  

C6 Bank clients are now able to use Samsung Pay in order to make purchases “without the physical card.” C6 Bank customers can now “register their C6, C6 Platinum, C6 Carbon and C6 Business cards in Samsung Pay.” Samsung’s service “allows users to make contactless… Read More

May 1, 2022 @ 10:51 pm By Omar Faridi  |  

After a “solid” first quarter of growth, DNA Payments, an independent vertically integrated payments provider, is pleased to confirm that it “achieved 100,000 card payment terminals and online points of sale in April.” This significant milestone for the Group comes after it “announced recent acquisitions… Read More

May 1, 2022 @ 4:37 pm By Omar Faridi  |  

Ozone API, the developer of the standards-based software for open banking and open finance, has introduced a suite of solutions that “enable banks to move beyond compliance and convert their APIs into more strategic and commercial channels.” The enhancements to Ozone’s open API platform “give… Read More

May 1, 2022 @ 12:32 pm By Omar Faridi  |  

Curve, the financial super app which helps customers with understanding and “mastering” their finances by bringing together debit, credit and loyalty cards into one, announced a partnership with Lewes Football Club. The partnership has been born out of the brands’ goals and objectives of empowerment…. Read More

April 30, 2022 @ 1:00 pm By Omar Faridi  |  

American Express Company (NYSE: AXP) has announced a collaboration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments firm, in order to “enable suppliers to streamline acceptance of American Express virtual cards.” With this integration, suppliers will have the ability “to automate… Read More

April 30, 2022 @ 12:28 pm By Omar Faridi  |  

FinGo, a biometric identity authentication solutions provider, is introducing FinGoVend, which is reportedly the first retail vending machine where users can now “pay and prove their age through a simple scan of their finger.” FinGo’s vein mapping tech “connects a person’s unique vein pattern to… Read More

April 30, 2022 @ 12:27 pm By Omar Faridi  |  

Asia-Pacific is getting ready for the next phase of its real-time payments journey as the region’s key service providers look for new growth opportunities and prepare “to enter the next stage of their real-time payments development.” This, according to the third edition of Prime Time… Read More

April 29, 2022 @ 12:20 pm By Omar Faridi  |  

BPC has announced its expansion into the Americas in order to support the payments and processing requirements of traditional financial institutions, payments processors, and Fintech firms. The company is launching its full suite of SaaS Cloud services “on Oracle Cloud Infrastructure (OCI) from Ashburn, Virginia,… Read More

April 29, 2022 @ 9:26 am By Omar Faridi  |  

Optty, which claims to be the first Buy Now, Pay Later integration platform, has in stealth raised more than $9 million in private funding and recently announced its solution “for retailers and payment gateway providers to revolutionize the fast-growing sector with transparency, simplicity, and speed.”… Read More

April 29, 2022 @ 8:18 am By Omar Faridi  |  

EBA CLEARING, SWIFT and The Clearing House (TCH) announced that they intend to introduce a pilot service for “immediate” cross-border (IXB) payments “with the support of banks from both sides of the Atlantic.” The pilot service “is scheduled to begin by the end of this… Read More

April 28, 2022 @ 10:36 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, announced its expanded partnership with cross-border e-commerce provider Global-e (Nasdaq: GLBE). Via this partnership, merchants selling to Canada through Global-e’s cross-border e-commerce platform, “including notable brands such as Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs,… Read More

April 27, 2022 @ 10:00 pm By Omar Faridi  |  

FT Partners recently shared their Q1 2022 Fintech Insights Report. As noted in the update from FT Partners, it has been a record year for financing in Fintech. The firm is internationally known for its expertise in the Fintech industry. FT Partners has associations with… Read More