Tagged: payments

Pismo, Sumsub to Offer Identity Verification in Banking Transactions

Managing compliance risks can feel intimidating, “especially because identity crime and fraud attempts jumped by 36% in 2021 relative to 2020,” according to the Identity Theft Resource Center. As global regulations and accessibility increase, so do compliance risks. To ensure secure operations and offer a… Read More

Touch ‘n Go Group Teams Up with Visa to Launch the CSR-Linked Touch ‘n Go Visa Card

Touch ‘n Go Group, via the Touch ‘n Go eWallet, has formed a strategic partnership with Visa, the world’s leader in digital payments, in order “to launch the first corporate social responsibility (CSR)-linked Visa prepaid card in Malaysia.” The design of the new Visa card… Read More

Binance Pay Partners with DT One to Enable Crypto Mobile Top-Up Service

Binance Pay, a cryptocurrency payment service powered by Binance, announced its partnership with DT One, a B2B micropayments platform. DT One is powering cross-border transfers of mobile top-ups, data bundles, gaming pins, and gift cards. This partnership will “enable more than 90 million Binance users… Read More

Payments Fintech Paysafe Expands US iGaming Presence with Ohio Market Entry

Paysafe (NYSE: PSFE), a payments platform, announced its expansion into the new Ohio online sports-betting market after entering the Maryland iGaming space in Q4 2022. Paysafe is now “powering play safely for a range of sportsbooks in the Midwestern state by providing their players with… Read More

FV Bank Introduces Cross-Border FX Payments Service

FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to Fintech and blockchain firms, has announced “the launch of their cross-border foreign exchange (FX) payments service for its U.S. and international account… Read More

BNY Mellon, Fiserv Expand Real-Time FX Rate Quotes Capabilities for Payments from US Firms

BNY Mellon (NYSE: BK) and Fiserv (NASDAQ: FISV), a global provider of payments and financial services technology, have joined forces “to deliver additional capabilities for real-time foreign exchange (FX) rate quotes for payments from U.S. financial institutions.” Using innovative application programming interface (API) connectivity, financial… Read More

Digital Assets: Huobi Announces Cooperation with Fireblocks

On 20 January 2023, Huobi announced that it is currently cooperating with Fireblocks on institutional crypto custody and payments, and Off-Exchange services “to better serve clients who want greater security, control and capital efficiency on their assets.” Fireblocks is the digital asset infrastructure “for thousands… Read More

Fintech Qolo Processed Over $1B in Total Payouts in Q4 2022

Qolo recently revealed that it processed more than $1 billion in total payouts in Q4 of 2022. As the world’s “first” and “only” fully cloud-based payments and card issuing processor, Qolo powers various Fintechs and banks “with flexible, scalable payout solutions.” Qolo delivers direct access… Read More

Paysend Business to Help Clients Accept Payments Anywhere at Any Time

Product innovation, growth and increasing profit – these are all things small business owners and entrepreneurs need to focus on, “particularly at the early stages of their company,” according to an update from Paysend. Paysend asks why is their attention being diverted by “trying to… Read More

Clik2pay Announces Bank Payments for Shopify Stores

Payment service provider Clik2pay announced it has developed an “industry-changing” application that allows any Shopify store to seamlessly “offer a direct-from-account payment option to customers.” The first business to use the new app on Shopify is popular eyewear company Ollie Quinn, which successfully “went live… Read More

Mastercard, Citizens Financial Group Announce Payments Partnership

Mastercard (NYSE: MA) and Citizens announced an expanded partnership, making Mastercard the exclusive payments network “across Citizens’ credit, debit and commercial portfolios, as well as services provider in the U.S.” With shared values and vision, Citizens and Mastercard are “united in the goal to provide… Read More

The Future of Payments Lies in Emerging Markets and Interoperability

Emerging markets have contributed almost two-thirds of global GDP growth over the past 15 years. So, it’s not surprising that businesses in established markets like the U.S. and U.K. are looking to expand their operations in these up-and-coming regions — whether it means working with… Read More

Visa Lists Alchemy Pay as Official Service Provider

The Alchemy Pay team is pleased to announce that Visa has listed Alchemy Pay as an Official Service Provider. Alchemy Pay has been “added as part of Visa’s Third Party Agent (TPA) Program and can be found listed as Alchemy GPS here.” This is “a… Read More

Norway’s KapitalKontroll, a Debt Management Service, Teams Up with Neonomics

KapitalKontroll, an innovative Norwegian provider of debt management and collection services has partnered with Neonomics in order “to launch a fully automated debt collection system that manages all payments through Neonomics open banking platform, enabling increased efficiency and security for its customers who include an… Read More

Bahrain based Fintech IPS Extends its Collaboration with BPC

Payment solutions provider BPC has extended its collaboration with Bahrain-based International Payment Services B.S.C (IPS), a third party payments processing and payments firm. As part of the agreement, BPC will allow IPS “to extend the use of its open system e-payment platform ‘SmartVista’.” Headquartered in… Read More

PayJunction Partners with Fintech Plaid to Extend A2A Money Transfers

PayJunction, a developer of payment processing technology, announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem to simplify bank payments, “enabling PayJunction customers and partners to deliver a better pay-by-bank experience.” Integrating Plaid’s secure account-to-account (A2A) bank connectivity technology with PayJunction’s… Read More

LatAm Fintech Dock Launches Platform for Integrated Banking, Payments Solutions

Dock, an innovator in financial technology infrastructure across Latin America, has launched Dock One, an integrated cloud-based platform for banking and payments that “allows companies to easily scale business operations anywhere in the world by offering financial services enablement to their customers.” The innovative platform… Read More

Zelle Has Issues, Points Finger at Bank of America

Zelle, a payments and transfers service that was created by multiple big banks, has been having some issues today, according to multiple posts on Twitter. While Zelle has not issued a press statement reassuring users it is on top of things, it appears that Zelle… Read More

Fintechs Citcon, Klarna to Provide Flexible Payment Solutions Worldwide

Citcon, the “one-stop” service global payment platform in providing in-store, online, and mobile payment solutions, and Klarna, which claims to be the global leader in the generational shift away from credit cards, announced an integration and business partnership which will add Klarna as a featured… Read More

Cloud-Native Issuer Processor Enfuce, Orka Ventures Introduce Consumer Lending Offering

“Pioneering” issuer processing powerhouse, Enfuce, announced a new partnership with Orka Ventures, the Nordic-Czech fintech holding company, “to launch Orka Card, a new consumer lending card and mobile app that challenges the traditional understanding of ‘Buy Now Pay Later’ (BNPL) lending.” Until now, Orka Ventures… Read More

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