Tagged: payments

September 15, 2025 @ 3:43 am By Tony Zerucha  |  

Flutterwave, an African technology company, is partnering with Clear Junction, a provider of payment solutions for regulated institutions. Flutterwave now has access to Clear Junction’s technical infrastructure and transaction routing. This is a milestone in addressing the evolving needs of migrant workers and families relying on… Read More

September 15, 2025 @ 2:15 am By Michael Wong  |  

Global payments infrastructure provider Thunes has rolled out a real-time payments service into Morocco, allowing payouts in Moroccan dirhams to be sent directly into local bank accounts. The expansion gives members of Thunes’ Direct Global Network wider access to Morocco’s increasingly digitised economy and seeks… Read More

September 14, 2025 @ 2:50 pm By Omar Faridi  |  

Jeremy Allaire, the CEO of Circle, took to social media to unveil a seemingly transformative development in the financial sector with the introduction of the Circle Payments Network (CPN). In his update, Allaire described CPN as “an actual programmable multilateral payment network where members can… Read More

September 12, 2025 @ 12:45 pm By Tony Zerucha  |  

Argentinian Fintech Kamipay’s deliberate strategy for providing cross-border, real-time payments in LatAm’s diverse market is successful. The infrastructure enables Argentines to pay with Pix in Brazil directly from their local apps, and that’s just the beginning. CFO and late co-founder Eduardo Dundas said Kamipay has… Read More

September 9, 2025 @ 10:33 pm By Tony Zerucha  |  

According to new research from Tink, UK SMEs relying on outdated manual bank transfers as a primary method of payment lost out on an estimated £6.15 billion in sales last year. The study surveyed 2,000 UK consumers and 500 SME leaders to understand how this payment… Read More

September 9, 2025 @ 8:57 pm By Omar Faridi  |  

The global eCommerce landscape is undergoing a shift, propelled by the  adoption of local payment methods. According to a whitepaper from Juniper Research, these region-specific payment solutions are breaking down barriers to online shopping, making it more accessible and fueling significant market growth. As eCommerce… Read More

September 9, 2025 @ 10:11 am By Omar Faridi  |  

Ireland’s retail banks are gearing up to introduce a mobile payment platform called Zip Pay in 2026. This initiative might compete with solutions and services from digital bank Revolut by offering seamless peer-to-peer (P2P) transactions. By pooling resources, institutions like Allied Irish Banks (AIB), Bank… Read More

September 9, 2025 @ 6:05 am By Omar Faridi  |  

DailyPay, a worktech company specializing in on-demand pay solutions, continues to focus on reshaping the financial services sector for American workers, particularly younger generations, while fostering stronger employer-employee relationships. Recent developments, including new data on Gen Z savings habits, a strategic partnership with Wizardline Technologies… Read More

September 5, 2025 @ 11:59 am By Tony Zerucha  |  

Alchemy Pay, a fiat-crypto payment gateway, has been granted a Money Transmitter License (MTL) in South Carolina. With the inclusion of South Carolina, Alchemy Pay now holds MTLs in  Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, and Arizona. The Money Transmitter License, issued under the authority of the South Carolina Attorney General in accordance with the… Read More

September 5, 2025 @ 12:46 am By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced significant developments that underscore its commitment to integrating digital technology with its payment ecosystem. On September 3, 2025, PayPal revealed a partnership with Perplexity, offering PayPal and Venmo users early access to the AI-powered Comet browser along with a 12-month… Read More

September 4, 2025 @ 11:47 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, and Ripple, the provider of digital asset infrastructure for financial institutions, have announced an expanded partnership to transform cross-border payments globally. Building on their collaboration established in 2020, the partnership will improve the “customer… Read More

September 4, 2025 @ 8:43 pm By Omar Faridi  |  

Airwallex, a global financial platform for various businesses, announced the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription management, payment orchestration, and revenue analytics. The acquisition will bring OpenPay’s billing and analytics capabilities into Airwallex’s global platform, strengthening Airwallex’s position “against other… Read More

September 4, 2025 @ 4:49 pm By Omar Faridi  |  

OnePay, a Fintech startup majority-owned by Walmart, has introduced its own branded wireless service, OnePay Wireless. Launched this month, this offering is reportedly available through the OnePay app, marking a key milestone in the company’s goal to evolve into an all-in-one “super app” for US… Read More

September 3, 2025 @ 8:24 am By Omar Faridi  |  

Wise (LON:WISE), a global Fintech known for its focus on international transfers, is reportedly contemplating a significant shift in its business model by exploring the possibility of becoming a fully licensed bank in the United Kingdom. According to recent reports, the company has initiated discussions with… Read More

September 2, 2025 @ 9:48 am By JD Alois  |  

Zopa Group, a digital bank, has acquired payments platform Rvvup in a move that is expected to 3X its  embedded finance business in two years. The acquisition is predicted to boost its point of sale credit services supporting all payment options. The acquisition is Zopa’s… Read More

September 2, 2025 @ 9:28 am By JD Alois  |  

European payments Fintech Klarna has filed to raise $1.27 billion in an initial public offering (IPO). Founded in Sweden but now based in the UK, Klarna shares are expected to trade on the New York Stock Exchange (NYSE) under the ticker “KLAR.: The offering includes… Read More

August 29, 2025 @ 8:17 am By Tony Zerucha  |  

Rain, an enterprise-grade infrastructure for stablecoin-powered payments, has secured a $58 million Series B funding round led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, Lightspeed, and Norwest. The raise brings Rain’s total funding to $88.5M and comes just five… Read More

August 29, 2025 @ 12:19 am By Omar Faridi  |  

In 2025, stablecoins have solidified their position as a cornerstone of the evolving financial landscape, reshaping how businesses and individuals approach cross-border payments. BitPay’s State of Stablecoins 2025 Report highlights the growth and adoption of stablecoins, underscoring their role as a faster, cheaper, and more… Read More

August 28, 2025 @ 12:45 pm By Omar Faridi  |  

Visa (NYSE: V) has made the significant decision to shutter its U.S. open banking unit, as reported by Bloomberg. The move comes as the open banking ecosystem in the United States faces mounting challenges, including regulatory ambiguity and evolving strategies by banks to monetize customer… Read More

August 27, 2025 @ 12:22 pm By JD Alois  |  

Circle (NYSE: CRCL), a stablecoin issuer, and Finastra have announced a partnership that focuses on payment infrastructure to improve the speed and lower the cost of international transfers. According to a release, Finastra’s Global PAYplus (GPP) customers can connect to Circle’s payment infrastructure for rapid,… Read More