Tagged: payments

August 25, 2020 @ 2:01 pm By Samantha Hurst  |  

JCB, a Japan-based global payment brand, announced on Monday it has extended its partnership with cloud-based digital payments provider Viva Wallet in Europe. The partnership will reportedly enable contact and contactless payment between Viva Wallet’s European merchants and JCB’s 140 million cardmembers through face-to-face and… Read More

August 24, 2020 @ 2:22 pm By Samantha Hurst  |  

U.S. digital bank Radius Bank announced on Monday it has formed a partnership with cross-border solutions provider Currencycloud to offer Radius clients to send money to more than 180 countries around the world. Radius Bank reported that it is using Currencycloud’s APIs to send outgoing… Read More

August 24, 2020 @ 2:05 pm By JD Alois  |  

Nium, a payments Fintech based in Singapore, has announced a partnership with Teledolar in Costa Rica thus entering the Latin American market. Nium states that its expansion in LatAm will help Fintechs, banks and financial institutions digitize their solutions. Through the partnership with Teledolar, customers… Read More

August 13, 2020 @ 10:40 pm By Samantha Hurst  |  

 Mastercard announced earlier this week it has a new low-cost payment solution, called SME-in-a-Box,  to allow small business owners to move their businesses online and accept a range of digital payments from their customers. According to Mastercard, SME in a Box offers a low-cost acceptance… Read More

August 12, 2020 @ 8:20 am By Samantha Hurst  |  

  Global blockchain payments provider BitPay announced on Tuesday it has expanded its integration with cryptocurrency platform Coinbase to enable instant, no fee blockchain payments. BitPay claims that the upgrade makes it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and… Read More

August 11, 2020 @ 12:04 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday it is introducing Google Pay for in-store purchases in the US. Klarna reported that Sephora, Journeys, and rue21 are among the first Klarna merchant partners to offer Google Pay, in addition to Apple Pay, for in-store purchases. The option… Read More

August 9, 2020 @ 10:05 pm By Samantha Hurst  |  

ABN AMRO announced on Friday the launch ot the latest feature on the payment app Tikki, Tikki Check, which allows users to pay the bill in bars and restaurants through smartphones. According to ABN Amro, Tikki check simplifies payment for customers and restaurants alike, with… Read More

August 7, 2020 @ 12:09 pm By Samantha Hurst  |  

Wirex, a UK-based payments platform, announced on Friday it has received its first money transmission license in the U.S. from the State of Georgia Department of Banking and Finance. According to Wirex, the license will allow them to engage in the business of money transmission… Read More

August 7, 2020 @ 9:38 am By Samantha Hurst  |  

  PayStand, a blockchain-based, B2B payments firm, announced on Thursday the release of its new product, Zero Card. According to Paystand, Zero Card is an entirely touches, prepaid alert native to corporate expense cards. It is designed for mid-market businesses that are in need of… Read More

August 6, 2020 @ 8:18 am By JD Alois  |  

Banked, a UK based payments start-up is partnering with British Airways Executive Club to allow people to collect Avios by using Banked when they checkout online. Avios is the “rewards currency” of the British Airways Executive Club – an old school digital asset. British Airways… Read More

August 5, 2020 @ 11:06 pm By Omar Faridi  |  

Approximately $1.47 billion was invested into businesses operating in the Fintech sector in India between January to June 2020, according to the latest MEDICI Report covering Indian financial technology markets. The amount invested into India’s Fintech industry during H1 2020 was 60% greater than the… Read More

August 5, 2020 @ 2:08 pm By Samantha Hurst  |  

Finexio, a U.S.-based fintech that offers a comprehensive accounts payable payments-as-a-service solution, announced on Monday it has formed a new partnership with B2B order-to-cash solutions provider Billtrust to provide faster digital payments to its suppliers and support the continued growth of its supplier network. According… Read More

August 5, 2020 @ 9:19 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday its new global look, feel and positioning, which captures the power and value enabled by the platform at a time of incredible growth for the business and its customers. While… Read More

August 4, 2020 @ 1:09 pm By Samantha Hurst  |  

Mastercard recently announced it has partnered with Bank of Shanghai to enable better cross-border business payments in China. Mastercard reported that with its cross-border services, businesses will be able to transfer funds to local banks in China. The service will also reduce transaction costs and… Read More

August 4, 2020 @ 9:23 am By Samantha Hurst  |  

    hey, a payments and e-commerce platform in Japan that helps businesses easily create bespoke online stores and process in-store cashless payments, announced on Tuesday it secured a Series E investment, which was led by Bain Capital Tech Opportunities with participation from PayPal Ventures, Goldman Sachs, YJ Capital, Anatole,… Read More

August 3, 2020 @ 11:03 pm By Omar Faridi  |  

Wang Yongli, the former VP of China’s reserve bank, has argued that central bank digital currencies (CBDCs) can serve as a substitute for cash or paper money in circulation. Yongli, the director of the Haixia Blockchain Research Institute, noted that virtual currencies can effectively serve… Read More

August 3, 2020 @ 4:47 pm By JD Alois  |  

Boon, a European payments platform and Apple Pay partner (among others), is shutting down, according to the company. Boon is part of Wirecard (WDI:DE), a Germany based Fintech that recently filed for bankruptcy following revelations of an accounting scandal and allegations of fraud. Boon is… Read More

August 3, 2020 @ 9:21 am By Samantha Hurst  |  

Wirex, a UK-based payments platform, announced on Monday it has launched its first global TV brand campaign. Wirex reported that the TV ad solidifies its core message of empowering people to experience the benefits of a world where all currencies, crypto or fiat, are equal… Read More

July 30, 2020 @ 9:52 pm By Samantha Hurst  |  

Global payments provider Paysafe announced on Thursday it has expanded its omnichannel payments offering for Bump 50:50, the Sportech division providing a digital raffle solution to sports and nonprofit charity foundations. Paysafe reported as North American in-stadium sports return, fans will be able to enter… Read More

July 29, 2020 @ 2:18 pm By Samantha Hurst  |  

SaaS fintech infrastructure development company Alchemy Technologies has formed a new partnership with payment and funding solution LoanPaymentPro to provide lenders and finance companies to provide multiple consumer-facing fund disbursement and payment products, as well as channels, which includes debit card validation, real-time push-to-card funding,… Read More