Tagged: payments

April 8, 2022 @ 9:18 am By JD Alois  |  

Nikulipe, a payments Fintech that aims to make it easier for fast-growing firms to streamline international payments, has enlisted iDenfy, a fraud prevention and digital identity verification business to help with proof of person, AML, and KYC.  iDenfy’s document verification service will support Nikulipe mission… Read More

April 7, 2022 @ 10:47 pm By Omar Faridi  |  

At BITCOIN 2022, Nium, the global platform for modern money movement, introduced Crypto Accept, an API-based solution that “enables global businesses to accept crypto payments.” Nium Crypto Accept “supports Bitcoin (BTC) and Ethereum (ETH) payments at launch, with plans for more currencies in 2023.”: Online… Read More

April 7, 2022 @ 12:22 pm By Omar Faridi  |  

Tippy, the salon and spa digital tipping platform, has announced that it has embedded workforce payments platform Branch to launch “a new, all-in-one solution for acquiring and disbursing cashless tips.” Tippy and Branch’s integrated solution “optimizes the entire tipping experience, from the customer’s wallet to… Read More

April 7, 2022 @ 11:10 am By JD Alois  |  

Piper Sandler (NYSE: PIPR) has published its 43rd semi-annual Taking Stock With Teens survey which reviews trends and brand preferences from Gen Z (teens) across 44 U.S. states. The spring 2022 survey was conducted from February 16 to March 22 with the most responses from… Read More

April 6, 2022 @ 10:15 pm By Omar Faridi  |  

PopID, a consumer authentication service, and Visa (NYSE: V), a key player in digital payments, announced a partnership “to collaborate on launching facial verification payment acceptance in the Middle East region.” The goal of the partnership is “to provide cardholders with new safe, secure, and… Read More

April 6, 2022 @ 8:47 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced the introduction of the new PayPal Cashback credit card, “issued by Synchrony, which gives customers even more cash back when they shop with PayPal.” With the new card, customers earn “unlimited 3% cash back when paying with PayPal at checkout… Read More

April 5, 2022 @ 11:57 pm By Omar Faridi  |  

Rewire, which claims to be the first digital financial services platform for migrant workers, has entered a partnership agreement with value SIM provider Lebara. The collaboration should give Rewire access to Lebara’s UK client base, the opportunity to fast-track its growth in the United Kingdom… Read More

April 5, 2022 @ 11:38 pm By Omar Faridi  |  

As adoption and usage of BNPL grows as the alternative payment method of choice for younger consumers, Codebase Technologies has responded by creating an innovative BNPL solution to assist banking institutions with addressing the threat of rising BNPL brands. Leveraging Codebase Technologies’ virtual banking platform,… Read More

April 5, 2022 @ 8:18 pm By Omar Faridi  |  

Payments Canada has announced the selection of Tata Consultancy Services (TCS) (BSE: 532540) (NSE: TCS), a global IT services, consulting and business solutions organization, “as the integration lead for Canada’s real-time payment system, the Real-Time Rail (RTR).” TCS will help plan and orchestrate activities “with… Read More

April 5, 2022 @ 1:16 am By Omar Faridi  |  

Qolo, the omnichannel payments platform for Fintech, recently announced a strategic partnership agreement with MX, a key player in open finance. Qolo and MX offer “fast-track” solutions to “help businesses, particularly neobanks and fintechs, stand up a core mobile banking experience.” This allows them to… Read More

April 4, 2022 @ 10:17 pm By Omar Faridi  |  

PayMint, the Egypt-headquartered Fintech firm, has closed a seed funding round (of 7 figures) from AUR Fintech-which is a subsidiary of AUR Capital, in order to support PayMint’s business expansion plan in Fintech and SMEs’ financial inclusion in Egyptian markets. PayMint introduced its services back… Read More

April 3, 2022 @ 10:32 am By Omar Faridi  |  

European lender Mintos notes that previously, they had prepared an overview of the “broader” effects of the war in Ukraine, sanctions on Russia, and Russian “responding policies on the financial markets.” As noted in a blog post, Mintos is now sharing “an insight into how… Read More

April 2, 2022 @ 7:55 pm By Omar Faridi  |  

The UK’s Payment Systems Regulator (PSR) has reportedly put the card schemes on notice that it is looking into their fees and how to assist merchants with entering better deals, including by promoting the alternative of account-to-account payments. While sharing its plans for 2022/23, the… Read More

April 1, 2022 @ 6:53 pm By Omar Faridi  |  

Mastercard (NYSE: MA)  has announced that Chad Wallace has joined the firm’s Global Product and Engineering organization as Executive Vice President of B2B Solutions and “a member of the company’s Management Committee.” He will oversee the firm’s commercial product offering, including its corporate travel and… Read More

April 1, 2022 @ 6:08 pm By Omar Faridi  |  

Archie, the firm that is building the financial infrastructure for the freelance economy, is officially launching operations, with its first product to assist businesses with onboarding, managing and paying independent workers. Archie is also announcing $4.5 million in funding from B Capital Group, Mac Ventures,… Read More

April 1, 2022 @ 6:05 pm By Omar Faridi  |  

The Financial Stability Board (FSB) has released its work program for 2022. Priority areas of work and new initiatives, “including key deliverables to the G20 Indonesian Presidency,” are as follows: Supporting international cooperation and coordination on current financial stability issues. Against the backdrop of the… Read More

April 1, 2022 @ 8:05 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the international financial tech platform of choice for major businesses, has announced its expansion beyond payments in order to build embedded financial products. As noted in the update from Adyen, these products will “enable platforms and marketplaces to create tailored financial experiences… Read More

March 31, 2022 @ 11:10 am By Omar Faridi  |  

Dapio, a UK-based firm that assists businesses with accepting contactless payments via their Android devices, has acquires $3.4 million in capital via a round that was co-led by payments firm Flutterwave and Techstars. Dapio, previously known as Paymob, aims to transform Android phones into payment… Read More

March 31, 2022 @ 8:43 am By Omar Faridi  |  

Danish Fintech firm Anyday has secured €4 million in capital via a seed round in order to bring its split payments (Buy Now, Pay Later) BNPL-style service to Scandinavia. Anyday’s split payment concept allows consumers to divide the cost of a purchase into four manageable… Read More

March 30, 2022 @ 8:03 pm By Omar Faridi  |  

Paystand, which claims to be the leader in blockchain-enabled B2B payments, has introduced the “first” corporate expense card with native crypto rewards. A technology-forward spend management platform, the DeFi Corporate Card provides instant provisioning of virtual and physical cards, as well as “advanced spend controls,… Read More