Tagged: payments

January 20, 2022 @ 11:36 am By Omar Faridi  |  

Mitch Trehan, UK Head of Compliance and MLRO at Banking Circle, has reportedly joined The Payments Association’s Advisory Board alongside other industry professionals from across the payments sector. Meeting as a team of 19 for the first time in January 2022, the Board intends to… Read More

January 19, 2022 @ 5:45 pm By Omar Faridi  |  

The team at Checkout.com says that 2022 looks set to be a “defining year” for digital payments and commerce, with the “exponential” growth seen in recent years expected to continue. Checkout.com, which has become the most valuable Fintech after finalizing a massive $1 billion funding… Read More

January 18, 2022 @ 11:37 pm By Omar Faridi  |  

The team at Utrust notes that if you’ve been following them for a while, then you will know that they are “not fond of overly hyping [their] announcements.” Utrust claims that they are “focused on delivering, not fanfare.” The company writes in a blog post… Read More

January 18, 2022 @ 10:55 pm By Omar Faridi  |  

The team at Razorpay asks whether you’re aware of what’s one of the things that’s quite common among all Indian startup founders and business owners. According to Razorpay, they tend to struggle when managing tax and compliance payments. And, if you’ve just started your business,… Read More

January 18, 2022 @ 10:41 pm By Omar Faridi  |  

If the world of payments has taught us “one thing,” it’s that “keeping up with the changes holds the power to keep both customers and business partners satisfied,” according to an update from Nium. Nium writes in a blog post that as more firms are… Read More

January 17, 2022 @ 5:18 pm By Omar Faridi  |  

Freedom, work satisfaction and flexibility are a few of the key reasons that small business owners “take the leap” to pursue their vision, according to an update from Visa (NYSE: V). Rachelle Gonzalez, Founder of Taco Shelly’s in Bethlehem, PA, had reached a key point… Read More

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

The team at Mastercard (NYSE: MA) notes that for most or many of us, returns are “a necessary evil” following the holiday shopping season. For example, that sweater that Mom gave you might be two sizes too small. But for some consumers, returns are just “another… Read More

January 17, 2022 @ 10:29 am By JD Alois  |  

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

January 17, 2022 @ 8:52 am By Omar Faridi  |  

The term “gray market” might conjure up images of “nefarious” actors exchanging cash in “shadowy alleys,” the team at American Fintech Ripple writes in a blog post. In reality, however, gray markets have become an “unfortunate necessity” for those entities that may lack the financial… Read More

January 15, 2022 @ 12:10 pm By Omar Faridi  |  

The team at DailyPay notes in an update that as so many retailers are struggling to hire and retain workers in an increasingly competitive labor market, many are “turning to new benefit solutions to stand out from the competition.” With 1.5 jobs open for every… Read More

January 15, 2022 @ 12:07 pm By Omar Faridi  |  

Paysend, the card-to-card pioneer and international payments platform, has announced the appointment of Jairo Riveros, as MD of the United States and Latin America, “effective 01 January, 2022.” Paysend has maintained an active presence in the US since September 2020 and “helps American residents securely… Read More

January 14, 2022 @ 11:41 pm By Omar Faridi  |  

I2C Inc., a provider of virtual payment and banking tech, has reportedly appointed Serena Smith as the firm’s Chief Client Officer. Reporting directly to Amir Wain, Founder and CEO of i2c Inc., Smith will be responsible for overseeing international account management for existing and new… Read More

January 14, 2022 @ 8:08 am By Omar Faridi  |  

Software is “changing the world,” according to an update from UK Fintech Modulr. Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rather than having to invest… Read More

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

Asia United Bank (AUB), one of the fastest-growing publicly listed universal banks, has teamed up with Wallyt, a virtual banking solution provider, in order to offer a card payment acceptance solution for merchants though a card QR code or link. Wallyt is a Hong Kong-headquartered… Read More

January 12, 2022 @ 10:51 am By Omar Faridi  |  

EBANX, a Latin American payments Fintech, is reportedly expanding its presence and portfolio in Mexico with the introduction of solutions focused on local online merchants. In addition to providing services to assist national firms and international platforms to expand their sales in the LatAm region,… Read More

January 12, 2022 @ 10:41 am By JD Alois  |  

Checkout.com has announced a $1 billion funding at a whopping $40 billion valuation. The Fintech said the Series D funding round garnered the participation of Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund, and another large… Read More

January 11, 2022 @ 10:10 pm By Omar Faridi  |  

The team at Pine Labs, a digital payments firm that confidentially filed for a $500 million IPO at valuation of around $7 billion, notes that online payment methods in India have been “around for a while now and with their rising popularity, they are here… Read More

January 11, 2022 @ 10:02 pm By Omar Faridi  |  

The team at Paysend notes that “remittance” is defined (according to Merriam Webster) as a transmittal of money to a distant place such as another country. As noted in an update from Paysend, this transmission of money may be done via traditional money management methods like… Read More

January 11, 2022 @ 12:37 am By Omar Faridi  |  

Remitly, a payments company that leverages digital channels, including mobile phones, to send money internationally, has explained how you can send funds securely to Thailand. Remitly writes in a blog post that if you’re looking for a safe way to send funds to Thailand, then… Read More

January 10, 2022 @ 8:27 pm By Omar Faridi  |  

Finix Payments notes that 2021 was another “crazy” year in Fintech (and for the planet in general). Finix wrote in a blog post that they wouldn’t be here “without the people behind the scenes working hard to bring better payments processing technology to software platforms,… Read More