Tagged: payments

June 7, 2021 @ 9:22 am By Omar Faridi  |  

Nium, an international B2B payments service provider, revealed on Monday (June 7, 2021) that it had signed a “definitive” agreement to acquire Ixaris, a company focused on travel payments optimization. As mentioned in a release shared with CI, the transaction is set to be finalized… Read More

June 6, 2021 @ 11:52 pm By Omar Faridi  |  

The team at Branch and Marqeta have a released a Gig Payment Report which covers work and payments in the modern gig economy. The gig economy is transforming the “precedent for work and payments,” the report from Branch and Marqeta reveals. It also mentions that… Read More

June 6, 2021 @ 9:36 pm By Omar Faridi  |  

Rizal Commercial Banking Corporation’s (RCBC) in the Philippines has revealed that its financial inclusion super app DiskarTech has been used widely as a disbursement platform for social aid, loans proceeds, dividends, and for making virtual payments. Since the community quarantines began (following the COVID-19 outbreak)… Read More

June 6, 2021 @ 8:49 pm By Omar Faridi  |  

El Salvador is reportedly looking to become the first nation in the world to adopt Bitcoin (BTC) as legal tender. El Salvador’s government might introduce legislation that could potentially make it the first country to adopt BTC as legal tender, along with the US dollar…. Read More

June 5, 2021 @ 7:42 pm By Omar Faridi  |  

Austin-based AppBrilliance, a payments tech firm, recently announced its strategic vision with its latest Money API-enabled, Push-To-Business (P2B) payments model, which aims to replace the traditional model and will try to shift power back to the merchant (when it comes to extra transaction fees). AppBrilliance… Read More

June 5, 2021 @ 12:10 pm By Omar Faridi  |  

Hungary’s payments Fintech Agora Pay has introduced a smart payment acceptance service for the nation’s markets. It utilizes PAYSTRAX’s payment infrastructure and wide network of payment connections. The solution is described by Agora Pay as being highly efficient, cost-effective and it also leverages PAYSTRAX’s direct… Read More

June 5, 2021 @ 11:03 am By Omar Faridi  |  

AppGallery, a leading app marketplace, has introduced near-field communication (NFC) payments in European markets, after forming a partnership with Stocard, a leading mobile wallet provider. After teaming up with AppGallery, Stocard worked closely with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities within its… Read More

June 4, 2021 @ 6:10 pm By Omar Faridi  |  

EVO Payments, Inc. (NASDAQ: EVOP), a multinational provider of payment tech integrations and acquiring solutions, recently revealed that it has entered into an agreement to acquire Pago Fácil, a digital commerce payment platform in Chile. The deal will be carried out in partnership with its… Read More

June 4, 2021 @ 4:19 pm By JD Alois  |  

DLocal Limited (NASDAQ:DLO), a payments Fintech based in Uruguay, successfully listed its shares on the Nasdaq raising over $617 million at $21/share. Shares have traded as high as over $35/share and look to close the week having jumped over 50% following its float. The company… Read More

June 4, 2021 @ 3:51 pm By Omar Faridi  |  

Deluxe (NYSE: DLX) revealed on Tuesday (June 1, 2021) that it has now finalized the previously announced acquisition of First American Payment Systems for $960 million in cash. Deluxe had first announced the transaction on April 22, 2021. With the inclusion of the First American… Read More

June 4, 2021 @ 8:18 am By Omar Faridi  |  

Finland-based Enfuce is teaming up with Visa in order to introduce a fast-track, 8-week program for European Fintech firms. The program should help companies with launching their own payment cards. Under the new program, Fintech firms can provide their clients with physical and virtual payment… Read More

June 4, 2021 @ 1:23 am By Omar Faridi  |  

Payfare Inc. (TSX: PAY), a global Fintech firm supporting digital banking and instant payment solutions, has hired Kamran Haidari to serve as its Chief Technology Officer and Braulio Lam will be responsible for leading product innovation and development as the firm’s Chief Product Officer. As… Read More

June 3, 2021 @ 8:25 am By JD Alois  |  

Dutch payments Fintech Recharge.com has expanded its services in the Middle East. Headquartered in Amsterdam, the Fintech specializes in digital gift and prepaid cards for local and global brands like Netflix, Spotify, and Xbox. Recharge is now operating in the Kingdom of Saudi Arabia and… Read More

June 2, 2021 @ 10:11 pm By Omar Faridi  |  

Canada’s Clik2pay, a near-real-time bill payments service, was recently introduced during the Payments Canada SUMMIT, together on stage with the nation’s leading businesses. Leveraging the Interac e-Transfer service and provided via the Peoples Trust Company, which is part of the People’s Group, the new Clik2pay… Read More

June 2, 2021 @ 9:52 pm By JD Alois  |  

Payments Fintech Checkout.com has announced the hire of JP Morgan cybersecurity expert Adrian Asher as Chief Information Security Officer (CISO) and head of cloud architecture, according to a note from the company. As shared by the company, Asher led global cybersecurity identity in the cloud for… Read More

June 2, 2021 @ 9:33 pm By Omar Faridi  |  

Perk Labs Inc. (CSE: PERK)(OTCQB:PKLBF)(FKT:PKLB), the parent company of Perk Hero, the mobile commerce platform with attractive deals on curated specialty products and digital gift cards, has teamed up with BitPay, a leading provider of Bitcoin and crypto payment services. Perk Labs plans to take… Read More

June 2, 2021 @ 10:21 am By Omar Faridi  |  

Mark Skehill has reportedly been hired as Enterprise Sales Manager – UK and Western Europe at ECOMMPAY, a global payment service platform and also a direct bank card acquirer with its own Fintech solutions. Mark Skehill has been recruited as part of ongoing growth for… Read More

June 2, 2021 @ 2:07 am By Omar Faridi  |  

Many shoppers prefer using Buy Now, Pay Later (BNPL) services because of the flexibility they offer. Consumers are able to pay for items over an extended period of time, with or without having to pay interest. However, a common BNPL format has started gaining a… Read More

June 1, 2021 @ 11:21 pm By Omar Faridi  |  

Qatar-headquartered Fintech firm Dibsy has acquired $300,000 through a pre-seed round that was led by Salem Khalaf Al Mannai along with participation from several angel investors. Dibsy’s management reveals that their investment round was finalized in late 2020. The Dibsy team notes: “Our brand is… Read More

June 1, 2021 @ 11:07 pm By Omar Faridi  |  

Bahrain’s payment services provider NEC Payments has reportedly chosen Netcetera for its 3DS 2.0 solution, a payments security protocol. NEC Payments is a fast-growing digital banking and payment tech firm that provides Cloud-based banking-as-a-service (BaaS) solutions in the Middle East. NEC Payments is focused on… Read More