Tagged: payments

August 27, 2025 @ 11:45 am By Tony Zerucha  |  

While some view the One Big Beautiful Bill Act as a green light for lax regulation, Green Dot Senior Vice President and General Manager of Embedded Finance, Renata Caine, said many envision themselves in a strict environment for several important reasons. Green Dot offers debit,… Read More

August 27, 2025 @ 8:30 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for growing businesses,  announced that its global payments platform has been chosen by Pipe, a fintech offering embedded capital products to small businesses, as a key partner to help enable the international growth of its business operations. This… Read More

August 26, 2025 @ 2:09 pm By Omar Faridi  |  

Swedish BNPL fintech Klarna is setting the stage for a highly anticipated initial public offering (IPO), aiming for a valuation between $12.6 billion and $13.4 billion, according to industry reports. The buy-now-pay-later (BNPL) pioneer is reportedly planning to price its shares in the range of… Read More

August 20, 2025 @ 5:22 am By Omar Faridi  |  

The Royal Bank of Canada (RBC) and Bank of Montreal (BMO), two of Canada’s financial institutions, are reportedly exploring the sale of their joint payments processing venture, Moneris Solutions Corporation, in a deal that could be valued at up to $2 billion. The potential divestiture,… Read More

August 19, 2025 @ 10:47 pm By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the global financial technology company enabling business growth, announced a partnership with programmable financial services company Stripe. The collaboration marks an expansion of Payoneer’s Online Checkout offering for “cross-border merchants looking to sell direct-to-consumer.” Launching in key markets “within the Asia Pacific… Read More

August 18, 2025 @ 8:12 am By Omar Faridi  |  

Privalgo has reportedly secured its Dutch EMI license. They’ve just reached this milestone and it has been months in the making: on 1 August, De Nederlandsche Bank (DNB), the central bank of the Netherlands, officially granted them a Dutch Electronic Money Institution (EMI) license. With… Read More

August 17, 2025 @ 4:26 pm By Omar Faridi  |  

Global Fintech Adyen (AMS: ADYEN) saw its shares take a hit on Thursday, August 14, 2025, following the release of its H1 2025 financial results. Adyen, the Amsterdam based global payments processor, announced a downward revision to its full-year revenue forecast, pointing to challenges posed… Read More

August 16, 2025 @ 8:29 pm By Michael Wong  |  

Global payment platform SUNRATE acquired a payment business license in China following its purchase of a complete stake in Transfar Pay, a subsidiary of Shenzhen-listed Transfar Group. The RMB 315 million ($43.8 million) acquisition received approval from Chinese regulatory authorities. Transfar Group disclosed the transaction… Read More

August 16, 2025 @ 3:34 pm By Omar Faridi  |  

Klarna, the Swedish fintech that is focused on buy now, pay later (BNPL) services, is navigating a complex landscape as it prepares for its anticipated U.S. stock market debut. Despite reporting a net loss for the second quarter of 2025, the company is pushing forward… Read More

August 15, 2025 @ 2:30 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Stripe, the programmable financial services company, have expanded their partnership with the first buy now, pay later (BNPL) integration on Stripe Terminal. This integration enables U.S. and Canadian merchants to… Read More

August 14, 2025 @ 9:13 pm By Omar Faridi  |  

Mesh, the  crypto payments network, announced additional investments from PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures (venture partner for ByBit), SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures, bringing total capital funding to more than $130 million. This support positions the company to… Read More

August 14, 2025 @ 3:13 pm By Omar Faridi  |  

New York Attorney General Letitia James sued Early Warning Services, LLC (EWS), a company owned and controlled by a group of the largest banks in the United States that was tasked with developing and operating the electronic payment platform Zelle, for failing to protect its users… Read More

August 14, 2025 @ 2:08 am By Omar Faridi  |  

Airwallex, a global financial platform for modern businesses, today announced it has received its Markets in Financial Instruments Directive (MiFID) licence from the Dutch Authority for the Financial Markets (AFM) and will soon launch Airwallex Yield to enable European businesses to generate returns on idle… Read More

August 13, 2025 @ 11:39 am By Omar Faridi  |  

Transak, a global enabler of fiat-to-crypto infrastructure, has raised $16 million in strategic funding to expand its stablecoin payments stack and scale operations across new markets. The round was led by Tether and IDG Capital, “with participation from Primal Capital, 1kx, Protein Capital, CEiC, KX… Read More

August 13, 2025 @ 8:02 am By Omar Faridi  |  

Fintech firm Wise (LON:WISE) will be joining Google’s new remittance experience as one of the key providers. Consumers in the U.S. will soon be able to “access Wise’s services, powered by Wise Platform,” Wise’s global infrastructure for banks and enterprises, “on Google Wallet online or… Read More

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