Tagged: payments

October 17, 2021 @ 11:52 am By Omar Faridi  |  

The team at UK’s digital bank Starling notes that they always want their clients to be in control of their funds. That’s why they are introducing a feature that allows customers to set their own limit for contactless payments made with their debit cards, “up… Read More

October 16, 2021 @ 6:46 pm By Omar Faridi  |  

Andrews Federal Credit Union and Fintech Wise have announced a digital remittance integration, which could save a lot of money for members of the Armed Forces – particularly  those residing overseas – directly via their current Andrews Federal banking dashboard. Scheduled to launch later in… Read More

October 15, 2021 @ 5:30 pm By Omar Faridi  |  

Veem, the international payment network for SMBs, announced a partnership with Visa (NYSE: V), the leader in virtual payments. Now, more than 400,000 of Veem‘s clients will get access to a new SMB Visa card program and digital money movement capabilities via Visa Direct, which is… Read More

October 15, 2021 @ 8:26 am By JD Alois  |  

Wirex, a payments and transfer platform offering both crypto and fiat services, says it will white label its services for the first time. The company is h0ping to provide services to both traditional banking firms as well as Fintechs. Wirex says there are few other… Read More

October 14, 2021 @ 8:00 pm By Omar Faridi  |  

We recently caught up with Domenic Carosa, Founder and Chairman at Banxa (TSX: BNXA), which powers one of the largest digital asset platforms by offering payments infrastructure and regulatory compliance across international markets. Banxa’s goal and vision is to develop the bridge that offers consumers… Read More

October 14, 2021 @ 11:17 am By Omar Faridi  |  

PCI Pal (LON: PCIP), the international provider of secure payment services, has announced a new integration with Amazon Connect to provide its clients globally with additional options for payment security and compliance with PCI Pal omnichannel secure payment solutions. Businesses of all sizes are now… Read More

October 13, 2021 @ 7:57 pm By Omar Faridi  |  

TD Bank (NYSE: TD) reveals that it has expanded its working relationship with Autobooks in order to add invoicing as a feature to its TD Business Simple Checking, which should make it easier for small and micro businesses to process invoices and “get paid faster.”… Read More

October 13, 2021 @ 8:39 am By JD Alois  |  

Global Processing Services (GPS), a payments Fintech that works with many top firms like Revolut, Starling Bank, Curve, and more, has raised over $300 million according to a release. Investors include Advent International and Viking Global Investors who will gain control of the company. The… Read More

October 13, 2021 @ 8:18 am By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider, has acquired iController, a B2B provider of intelligent solutions for collections management, “for $58 million, financed with cash on hand.” Established in 2007, Belgium-headquartered iController’s software-as-a-service (SaaS) product offering supports ” a… Read More

October 12, 2021 @ 6:18 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq and TSX: NVEI), the international payment tech partner of major brands, reveals that it’s teaming up with Visa, the leader in virtual payments, in order to offer Nuvei’s US customers with access to quick payouts via implementation of Visa Direct, which is… Read More

October 12, 2021 @ 1:06 pm By Omar Faridi  |  

“Crypto Made Easy” pioneer Divi says that it has taken a step towards its mission to develop a completely decentralized, private payment service that will support the mass adoption of virtual currencies, with the UK launch of its user-friendly mobile wallet. The United Kingdom is… Read More

October 11, 2021 @ 10:16 pm By Omar Faridi  |  

As digital wallet usage accelerates, international payments provider Blackhawk Network and Magstar Inc., an ERP software provider for midsized retailers, have teamed up to expand digital wallet acceptance and improve virtual payments options in-store. Through this relationship, merchants and retailers are able to conveniently expand… Read More

October 11, 2021 @ 11:55 am By Omar Faridi  |  

OKCoin is reportedly the only US-licensed exchange to provide Lightning Network (LN) enabled deposits and withdrawals, and they’re doubling down on their commitment to the LN with their support for the recent ShellHacks hackathon and with the introduction of their Lightning API. As noted in… Read More

October 11, 2021 @ 11:09 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has started to introduce its sustainable payment cards, which are reportedly made with recycled material. The cards are being rolled out in Spain. Santander had previously launched the “One Card” design in Poland and Portugal. The financial institution plans to have… Read More

October 11, 2021 @ 8:18 am By Omar Faridi  |  

As Sibos 2021 opened (in a virtual environment) on October 11, 2021, Finastra unveiled its updated instant onboarding capabilities for its Fusion Payments To Go service. As first reported by Finextra, the solution should allow banking institutions to gain access to the benefits of Finastra’s… Read More

October 10, 2021 @ 7:04 pm By Omar Faridi  |  

UniCredit and J.P. Morgan (NYSE: JPM) have teamed up for the SWIFT Go project – a transformative new service that “enables small businesses and consumers to send fast, highly secure, and competitively priced low-value cross-border payments anywhere in the world.” As mentioned in the announcement:… Read More

October 10, 2021 @ 6:34 pm By Omar Faridi  |  

Visa (NYSE: V), the leader in virtual payments, recently announced the expansion of Visa Installments in Australia in partnership with ANZ (ASX: ANZ), which is one of the nation’s largest financial institutions, and merchant payment provider Quest. As mentioned in a release, the Visa solution… Read More

October 10, 2021 @ 4:38 pm By Omar Faridi  |  

Payments are entering a new “experience-driven” era (Payments 4.X1), “ushered in by an accelerated transformation timeline” because of the Coronavirus crisis and the increasing virtual appetite of clients, according to the World Payments Report 2021 released by Capgemini. As noted in a release: “With the… Read More

October 8, 2021 @ 4:00 pm By Omar Faridi  |  

  The Bitcoin (BTC) Lightning Network was recently tapped to enable Twitter payments and as of last week, the number of nodes that are running the LN reached a record high, increasing around 105% since 2020. Only about a year ago, the Lightning Network had… Read More

October 8, 2021 @ 12:54 pm By Omar Faridi  |  

FreedomPay, a consumer-focused commerce platform, has performed an integration with Klarna, the international retail bank, payments and shopping service. Beginning today (October 7, 2021), FreedomPay’s US merchants may provide Klarna’s interest-free payment services at checkout in-store, which should help with boosting sales and “bringing added… Read More