Tagged: payments

July 11, 2021 @ 3:37 pm By Omar Faridi  |  

Asheesh Birla, GM – RippleNet at American Fintech Ripple, which is currently involved in a lawsuit from the US Securities and Exchange Commission (SEC), recently published a blog post, titled, “Evolving RippleNet for a Tokenized Future.” Birla writes that cryptocurrency and blockchain or DLT are… Read More

July 10, 2021 @ 8:01 pm By Omar Faridi  |  

Nium, a global payments platform, reveals that it has entered a definitive agreement to acquire Wirecard Forex India Pte. Ltd, which serves as a foreign currency exchange, pre-paid card, and remittance service provider for Indian markets. Wirecard Forex has been licensed by the Reserve Bank… Read More

July 10, 2021 @ 7:24 pm By Omar Faridi  |  

The European Commission reveals that it has approved the merger request from the P27 Nordic Payments initiative in order to form its pan-Nordic payments platform. This latest approval from the European Commission marks a key milestone for the project which is focused on working towards… Read More

July 9, 2021 @ 5:27 pm By Omar Faridi  |  

BigPay is focused on expanding its business operations into Thailand after Airasia’s acquisition of Gojek’s Thailand division via its digital unit in a deal valued at RM208 million (appr. $50 million). This move has been announced ahead of AirAsia‘s plans to offer a Super app… Read More

July 9, 2021 @ 2:51 pm By Omar Faridi  |  

The last generation ONE wallet, a newly-launched mobile wallet by Postbank Bulgaria, a member of the Eurobank Group, is the latest service created with assistance from global tech firm, Software Group . Based on Software Group’s Mobile Wallet platform, ONE wallet is a last-generation high-tech… Read More

July 9, 2021 @ 1:30 am By Omar Faridi  |  

Modulr, a Payments as a Service API Platform for digital businesses, notes that they work hard every day to make sure that all of the client communications are clear. The UK-based Fintech is also committed to playing its part in enhancing established standards across the… Read More

July 9, 2021 @ 12:24 am By Omar Faridi  |  

Full-service payment service provider (PSP) of local digital payment solutions, Paymaster24, has reportedly chosen Banking Circle in order to improve its existing service proposition for merchants. Importantly, the collaboration with Banking Circle should assist Paymaster24 with speeding up payments while offering additional currencies to its… Read More

July 8, 2021 @ 11:32 pm By Omar Faridi  |  

GoCardless, an established Fintech firm offering account-to-account payments, has teamed up with Pennylane, a financial management and accounting platform for firms and their accountants. Through the partnership, the companies will provide SMEs and early-stage ventures with an easy and intuitive way to manage and collect… Read More

July 8, 2021 @ 12:52 pm By JD Alois  |  

  Younited, a France-based Fintech that provides both online lending as well as payments and BaaS, has raised $170 million in equity capital in a move that is expected to accelerate product innovation and expansion of its solutions including the launch of Younited Pay, a… Read More

July 8, 2021 @ 1:50 am By Omar Faridi  |  

ikigai, the very first UK app to combine everyday banking and wealth management services, has decided to offer Apple Pay, a safe, secure and private way to make payments. Apple Pay helps clients maintain privacy and control by not requiring them to hand over their… Read More

July 7, 2021 @ 9:01 pm By Omar Faridi  |  

Real-time payments are becoming increasingly common as cash as a payment solution or method for consumers in Southeast Asia, according to research from ACI Worldwide (NASDAQ: ACIW) and YouGov. Three out of five or around 60% of consumers residing in Indonesia, Malaysia, Thailand and Singapore… Read More

July 7, 2021 @ 5:18 pm By Omar Faridi  |  

The Bank for International Settlements (BIS), a global financial institution that’s owned by reserve banks and aims to “foster international monetary and financial cooperation and serves as a bank for central banks,” notes that advancements in technology, along with rising demand for digital payment methods… Read More

July 7, 2021 @ 9:33 am By JD Alois  |  

Splitit (ASX:SPT), has announced a buy now, pay later (BNPL) service that is available at retail locations around the world. “Splitit InStore” also features Apple Pay as well as Google Pay to facilitate credit. Splitit also announced several new brands that have signed on to… Read More

July 7, 2021 @ 12:22 am By Omar Faridi  |  

The New Payments Architecture (NPA) will aim to offer various benefits for businesses and personal clients residing in the United Kingdom, which may assist with improving the way they control their professional and personal transactions while creating more innovation opportunities. The adoption of the ISO… Read More

July 6, 2021 @ 10:26 pm By Omar Faridi  |  

In the fast-evolving world of cryptocurrencies like Bitcoin and Ethereum, The Pavilions Hotels & Resorts announces that it aims to improve its guest experiences by becoming the first international boutique hotel group to take virtual currency from any country as payment for hotel bookings. The… Read More

July 5, 2021 @ 12:19 pm By Omar Faridi  |  

Kakao Pay, a Fintech division of Kakao, which is the South Korean company that operates the KakaoTalk messenger app, reveals that it has submitted its initial public offering (IPO) filing. The company intends to secure as much 1.632 trillion Korean won (app. $1.4 billion) in… Read More

July 5, 2021 @ 8:45 am By Omar Faridi  |  

Fellow Finance Plc, a loan-based crowdfunding and peer-to-peer lending platform offering services in Finland and 70 other countries, reports that in June 2021, its loan investors funded business and consumer loans “worth €18M.” Fellow Finance, which aims to transform the traditional financing and payments to… Read More

July 4, 2021 @ 9:17 pm By Omar Faridi  |  

FaizPay, a company offering a truly multi-channel fast and fair payments service that’s built on Open Banking rails, has secured 87% or £526,958 of its fundraising target of £600,001 from 79 investors (at the time of writing) via a securities offering on Seedrs. As of… Read More

July 3, 2021 @ 6:37 pm By Omar Faridi  |  

Checkout.com, the Cloud-powered payment service provider, has reportedly been certified as a BigCommerce Technology Partner. Checkout.com’s unified payments platform has been developed to assist fast-growing companies or businesses with boosting revenue by improving authorization rates and tapping into new markets BigCommerce’s 60,000 international merchants will… Read More

July 3, 2021 @ 2:26 pm By Omar Faridi  |  

Certegy, an established ACH payments and risk management firm, revealed on Wednesday (June 30, 2021) that it has launched a new Virtual Terminal platform, enabling in-store and mobile merchants to handle paper checks and ACH transactions. As noted by Certegy’s management: “We are a leading… Read More