Payments provider Wirex has announced a non-custodial digital Wallet. In a release, Wirex said that it believes their cross-chain, keyless, Wallet will “finally break down the barriers to mainstream adoption.” Wirex said the wallet is available now on the App stores. The Wirex wallet will… Read More
Read more in: Blockchain & Digital Assets, Fintech | Tagged pavel matveev, payments, uk, united kingdom, wallet, wirex
The QR-code scanning tech created by Smart Engines has been introduced into Raiffeisen Online Russia. The solution enhanced the overall quality of QR codes and barcode scanning for payments operations made via a mobile app. As noted in the announcement, high-scanning precision is ensured for… Read More
Read more in: Artificial Intelligence, Fintech, Global | Tagged ai, artificial intelligence, machine learning, payments, qr codes, russia
BitPay, a provider of Bitcoin and cryptocurrency payment services, has announced that due to significant demand, merchants may immediately accept Shiba Inu (SHIB) for payments and consumers may purchase, store and swap SHIB in the BitPay Wallet app. Even though it began as a meme,… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged adam aron, amc, bitpay, crypto payments, crypto-assets, digital assets, digital currency, payments, shiba inu, stephen pair, virtual currencies
Walmart Canada and Interac Corp. have announced that they have teamed up to provide Walmart Canada clients the option to make payments with Interac Debit via Walmart.ca and in-app. As of December 8, 2021, Walmart Canada clients are able to check out using Interac Debit… Read More
Read more in: Canada, Fintech | Tagged apple pay, canada, contactless payments, digital commerce, e-commerce, financial inclusion, financial services, payments, walmart
Marqeta (NASDAQ:MQ) has announced its first venture investment after becoming a publicly-traded company. Marqeta has led a $20 million Series B funding round into payments gateway ConnexPay. ConnexPay, a customer of Marqeta’s since 2018, offers a combined merchant acquiring and virtual card issuing solution for… Read More
Read more in: Fintech, Global | Tagged connexpay, marqeta, payments, renata caine, robert kaufman
Canadian Fintech firm Payment Rails has revealed that it is rebranding as Trolley—the payouts platform for the “Internet economy.” The newly renamed Trolley also confirmed its recent $7M Series A investment round, which was led by Pace Capital. Established in 2015, Trolley is a payouts… Read More
Read more in: Canada, Fintech | Tagged canada, fintech adoption, fintech trends, investment round, payments, tim nixon, trolley
Zirtue, the relationship-based lending app with a goal to promote financial inclusion, has announced the launch of their Alternative Payment Solution for businesses. As mentioned in a release, the solution allows businesses to “utilize Zirtue as a payment option for their customers to pay bills… Read More
Read more in: Fintech | Tagged coronavirus, covid-19, dennis cail, financial inclusion, financial services, lending, payments, united states, us, zirtue
UK-headquartered Buy Now, Pay Later (BNPL) Fintech Butter is planning to compete with and potentially replace traditional credit cards with the introduction of its own BNPL card. Although 65% of UK consumers carry credit cards, the number being issued has declined by around 3% during… Read More
Read more in: Fintech, Global | Tagged bnpl, butter, buy now pay later, europe, flexible payments, installment plans, pay over time, payments, uk, united kingdom
UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo. UniTeller’s partnership with Tranglo will enable UniTeller to continue expanding… Read More
Read more in: Asia, Blockchain & Digital Assets, Fintech, Global | Tagged cross-border payments, Cross-Border Transactions, digital transactions, dubai, international payments, jacky lee, jakarta, kuala lumpur, london, malaysia, payments, remittance payments, remittances, ripple, ripplenet, southeast asia, tranglo, united states, us
i2c Inc., a provider of digital payment and banking tech, has announced its partnership with BEYON Money, the mobile super app introduced by Batelco Financial Services, which is the Fintech unit of Bahrain’s digital solutions and telecommunications provider. Backed by a recently-secured Open Banking license… Read More
Read more in: Asia, Fintech | Tagged bahrain, banking, batelco financial services, central bank of bahrain, digital payments, digital transactions, financial services, i2c, i2c inc, mena, mena region, middle east, payments, virtual payments
B2B cross-border payment provider, Verto, has teamed up with payments bank, Banking Circle, in order to streamline global payments for its customers. Utilizing the Banking Circle Virtual IBAN solution, alongside access to Banking Circle’s domestic payment channels, Verto is “addressing the pain points of complicated… Read More
Read more in: Fintech, Global | Tagged banking circle, cross-border payments, Cross-Border Transactions, digital commerce, digital payments, digital transactions, e-commerce, europe, fintech adoption, fintech trends, international payments, laust bertelsen, ola oyetayo, payments, verto, virtual payments
Recharge.com has appointed David Lindheimer as Chief Product and Technology Officer. Lindheimer was most recently working at Amazon where he is said to have tripled advertising marketplace demand as the Head of Campaign Building. While at Amazon Lindheimer also built product and engineering teams for… Read More
Read more in: Fintech, Global | Tagged günther vogelpoel, netherlands, payments, recharge.com
Paymentology and Tutuka have agreed to merge, according to a statement by Paymentology. The two firms say they are joining to create a new payments and card processing powerhouse that will now operate in 49 different countries. The new company will operate under the Paymentology… Read More
Read more in: Fintech, Global | Tagged paymentology, payments, rowan brewer, uk, united kingdom
Stax, the comprehensive payment tech provider, announced earlier this week its acquisition of CardX, an automated surcharging platform, to make surcharging “more transparent and easier for U.S. merchants and cardholders.” The update also mentioned that this deal “marks Stax’s third acquisition of 2021, adding to… Read More
Read more in: Fintech | Tagged acquisition, cardx, chicago, digital technology, jonathan razi, payment technology, payments, sal rehmetullah, stax, suneera madhani, united states, us
Anchor, the autonomous billing platform, announces that it has finalized a $15 million seed-funding round. Led by Rapyd Ventures, the new venture capital unit of Rapyd, Entrée Capital, an established venture capital firm that has invested in unicorns such as Monday.com and Riskified and Tal… Read More
Read more in: Fintech, Global | Tagged anchor, Arik Shtilman, automation, avi eyal, entree capital, investment round, israel, payments, saas, tal ventures, united states, us
Prospective users of the forthcoming large-value payment system T2 are able to begin testing the functionalities of the system as of December 1, 2021. The testing is scheduled to run over the coming year and will “allow participants to prepare for a smooth migration to… Read More
Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged ecb, europe, european central bank, payment system, payments, target2, user testing
ACI Worldwide, an international provider of real-time payments and virtual payment software services, has introduced its Network Intelligence Technology as a key part of ACI Fraud Management. The tech allows banking institutions, processors, acquirers, and networks to complement fraud prevention strategies by enabling them to… Read More
Read more in: Fintech, Global | Tagged aci worldwide, cleber martins, coronavirus, covid-19, digital payments, digital transactions, fraud, fraud prevention, fraudulent activities, instant payments, payments, real-time payments, virtual payments
Axletree Solutions, an international provider of bank connectivity and financial integration solutions that power more than $50 billion in daily transaction volumes, announced that it has entered into a partnership with Roxe, the open global payment network. As mentioned in the announcement, Roxe’s solutions power… Read More
Read more in: Blockchain & Digital Assets, Fintech | Tagged distributed ledger technology, dlt, josh li, payments, roxe
London’s Clear Junction has announced that it’s offering solutions to Paynet which aim to support its vision for cross-border payments services from European markets into Moldova. Paynet is reportedly the first digital wallet platform operating in Moldova. It runs one of the most extensive payments… Read More
Read more in: Fintech, Global | Tagged clear junction, cross-border payments, Cross-Border Transactions, digital payments, digital wallets, dima kats, eastern europe, europe, international payments, moldova, payments, paynet, uk, united kingdom, virtual payments
Mexico is one of the fastest-growing economies in the world, but its local businesses still struggle to access credit without super-high fees and tedious paperwork. Mastercard (NYSE: MA) and Jeeves, the financial partner for Mexican businesses, have teamed up to address this issue by introducing… Read More
Read more in: Fintech, Global | Tagged dileep thazhmon, jeeves, latam, latin america, mastercard, mexico, Payment Cards, payments
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