Tagged: payments

August 12, 2025 @ 2:21 pm By Omar Faridi  |  

The financial sector is in a technological arms race against increasingly sophisticated fraud, driven in large part by the pervasive application of Artificial Intelligence. As fraudsters leverage AI to scale and precision-target their attacks, regulators worldwide are taking notice, signaling a fundamental shift towards tougher… Read More

August 12, 2025 @ 12:01 am By JD Alois  |  

Blockchain firm Riva Money is reporting a $3 million Pre-Seed funding round led by Project A, alongside participation from individual investors from Monzo, JP Morgan, and Revolut. Riva was founded by former Revolut and Wise executives as they seek to “bypass banks”and enable global value… Read More

August 10, 2025 @ 8:55 pm By Omar Faridi  |  

In the first half of 2025, Tuum, a core banking platform, has unveiled a suite of updates that aim to improve how financial institutions operate in an increasingly digital environment. With a mission to liberate banks from legacy systems, Tuum’s H1 2025 product highlights focus… Read More

August 10, 2025 @ 8:48 pm By Omar Faridi  |  

A recent study by Payments Canada has revealed a surprising twist in the ecosystem of payment security: Canadians are nearly three times more likely to encounter fraud when using cash compared to credit cards. This finding challenges the widespread perception that cash is the safest… Read More

August 9, 2025 @ 9:44 am By Omar Faridi  |  

UK-based payments company GoCardless is reportedly close to being (potentially) acquired by Dutch Fintech Mollie, with a possible deal expected to finalize as early as next month. Sources familiar with the matter indicate that GoCardless has been actively engaging with prospective buyers since early 2025,… Read More

August 8, 2025 @ 4:59 pm By Tony Zerucha  |  

Arcade.dev, a unified agent action platform that makes AI agents production-ready, and Lithic, a card processing platform, are partnering to develop an AI e-commerce application capable of making secure, authenticated payments. The partnership will launch shopping agents that can search, compare products, and check out… Read More

August 8, 2025 @ 1:49 am By Omar Faridi  |  

Brex is reporting that it has secured its Payment Institution (PI) license in the European Union, via the Netherlands. The newly acquired license will allow Brex to serve more European companies. Brex is in the process of setting up an office the Netherlands. With this… Read More

August 7, 2025 @ 1:45 am By Omar Faridi  |  

Airwallex, a global payments and financial services platform for businesses, has witnessed growth in the Netherlands in the last year, with year-on-year revenue increasing “199% in Q2 2025 compared to Q2 2024.” Airwallex has also “added Creative Fabrica, Aurum Brothers and Vallon to its existing… Read More

August 6, 2025 @ 9:31 pm By Omar Faridi  |  

Boot Barn Holdings, Inc. (NYSE: BOOT), the parent company of Boot Barn, Sheplers, and Country Outfitter, announced it has extended its exclusive, multi-year partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. The renewed agreement builds on a… Read More

August 6, 2025 @ 8:43 pm By Omar Faridi  |  

In an era where financial flexibility is increasingly vital, two different organizations—Ice Age Management, Inc., a McDonald’s franchisee, and TTEC Holdings, Inc.—have partnered with DailyPay, a worktech platform specializing in on-demand pay solutions. These collaborations, announced in July 2025, underscore a growing trend among employers… Read More

August 6, 2025 @ 12:59 am By Omar Faridi  |  

Volante Technologies, the global enabler of Payments as a Service (PaaS), announced the migration of all banking customers to the ISO 20022 messaging format for the Fedwire Funds Service, which includes financial institutions ranging from “a few billion dollars in assets to multiple trillion-dollar systemically… Read More

August 5, 2025 @ 3:06 pm By Omar Faridi  |  

Visa (NYSE: V), a global enabler of digital payments, announced an advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the “challenge of fleet data tags being tied solely to the plastic card chip.” Now, fleet data tags can… Read More

August 4, 2025 @ 11:30 am By Omar Faridi  |  

London-based fintech startup Due has announced the launch of its cutting-edge Stablecoin Payments API, alongside an extension of its seed funding round to $7.3 million. Founded in 2022 by Revolut alumni, Due aims to dismantle the inefficiencies of traditional cross-border payments by leveraging blockchain technology… Read More

August 3, 2025 @ 3:09 pm By Omar Faridi  |  

Boost Payment Solutions, a global firm specializing in optimizing virtual card usage and acceptance, announced a partnership with FIS, a provider of global financial technology solutions. The collab will bring Boost’s straight-through processing (STP) technology Boost Intercept “into FIS’s Automated Finance suite— transforming accounts receivable… Read More

August 2, 2025 @ 10:47 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, announced a  partnership with Visa to enable card issuing capabilities across its platform for merchants in the UK and Europe. Checkout.com’s Visa travel card issuing capabilities will “provide merchants with access to Visa’s global issuing rails, empowering them to… Read More

August 2, 2025 @ 3:37 pm By Michael Wong  |  

Global Fintech firm Adyen has partnered with Singapore-based restaurant technology provider Atlas to improve payment processes and operational efficiency for food and beverage (F&B) businesses, according to an announcement. Through the partnership, Atlas integrates Adyen’s payments infrastructure into its AtlasPay solution. This offers simplified reporting,… Read More

August 1, 2025 @ 10:18 am By Omar Faridi  |  

Mastercard (NYSE: MA) and BMO announced an expansion of BMO’s Global Money Transfer service, powered by Mastercard Move’s global money movement capabilities. With the addition of destinations and currencies, BMO’s Canadian personal banking clients will be able to “reach family and friends in nearly 70 destinations… Read More

August 1, 2025 @ 8:59 am By Omar Faridi  |  

The stablecoin ecosystem is expanding, and Visa (NYSE:V) wants to be at the forefront of its development. As global interest in stablecoins takes center stage, Visa is building on its role in the space and enabling support for more stablecoins and more blockchains to “facilitate… Read More

July 31, 2025 @ 7:59 am By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, announces a collaboration with EzyRemit, one of the digital money transfer operators, to enable cross-border payments to overseas communities worldwide. EzyRemit has offices in “Australia, Japan, New Zealand, Canada, the US and Vietnam, and… Read More

July 31, 2025 @ 12:56 am By Omar Faridi  |  

Airwallex, a global payments platform is reporting steady growth in its UK division, driven by an uplift in the volume and value of deals. Revenue in the first half of 2025 grew “by 109% versus the same period last year – higher than the growth… Read More