Tagged: payments

July 3, 2025 @ 3:47 am By Omar Faridi  |  

From 1 August 2025, PostFinance is permanently reducing the prices for transfers in pounds sterling to the United Kingdom to a fixed fee of 9 francs, and for euro transfers to Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia to 7 francs. In doing so, PostFinance is… Read More

July 2, 2025 @ 4:16 am By JD Alois  |  

Stripe and TrueLayer are partnering on Pay by Bank in Germany and France. According to a release, the initiative builds upon the success the two firms had in the UK. By offering Pay by Bank, users can access a streamlined and more effective payment process… Read More

June 30, 2025 @ 11:21 am By Tony Zerucha  |  

Pi Squared, an advanced verifiable payment system and settlement layer for AI and crypto, has announced the launch of the VSL Devnet. The company calls the move “a major milestone in building a verifiability-first foundation for decentralized computing.” The VSL Devnet is the first live… Read More

June 30, 2025 @ 7:33 am By Omar Faridi  |  

Bolt, the checkout, identity and payments platform, today announced Bolt Connect, a new product designed to help marketplaces onboard merchants faster, streamline operations and scale with fewer resources. Bolt Connect gives marketplace operators “a single integration to support one-click merchant onboarding, built-in compliance workflows, and… Read More

June 29, 2025 @ 9:51 pm By Omar Faridi  |  

Wirex, a global firm focused on stablecoin payments and digital finance, is pleased to announce that Wirex Pay Chain is now supported on Fireblocks, the digital asset and payments infrastructure platform. This integration enables Fireblocks’ institutional clients to “access Wirex Pay’s self-custodial stablecoin payment infrastructure,… Read More

June 29, 2025 @ 7:07 pm By Omar Faridi  |  

Belgian authorities have initiated a formal investigation into the local operations of Worldline (Euronext: WLN), a French payments processing company, following serious allegations of money laundering. The probe comes in response to claims that the firm may have facilitated illicit financial activities through its Belgian… Read More

June 29, 2025 @ 1:54 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have jointly announced the incorporation of the Singapore Payments Network (SPaN), a new not-for-profit entity that will oversee and govern the country’s national payment schemes. SPaN aims to consolidate the administration… Read More

June 28, 2025 @ 10:15 pm By Omar Faridi  |  

European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses. Through this collaboration, payabl. now provides “businesses with seamless access to all major UK payment schemes –… Read More

June 26, 2025 @ 4:33 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and commerce network,  announced $1.25M in fresh funding for 18 ‘moonshot’ climate projects for 2025 in a further rejection of the traditional ‘carbon offsetting’ model. The latest funding takes Klarna’s total contribution “in climate projects to $8.4 million over… Read More

June 26, 2025 @ 12:18 am By Omar Faridi  |  

GoCardless, a bank payment company, has expanded its partnership with FreeAgent, a cloud-based business accounting software for small businesses, freelancers, and their accountants, to provide faster and more convenient payment solutions to their customers. GoCardless’s Instant Bank Pay, its open banking-powered payment solution, and Success+, the… Read More

June 25, 2025 @ 10:37 am By Omar Faridi  |  

In a significant shift for the consumer credit landscape, Fair Isaac Corporation (FICO), the company behind the widely used FICO credit score, announced that it will incorporate Buy Now, Pay Later (BNPL) loan data into its credit scoring model. This move, reported by The Wall… Read More

June 24, 2025 @ 4:01 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and the Moore Specialty Credit (MSC) Platform, the Private Asset Backed Finance (ABF) platform of Moore Capital Management, LP, a global private investment management firm, today announced an extension of their… Read More

June 24, 2025 @ 9:48 am By JD Alois  |  

Payments software firm RS2 says it will collaborate with Visa to offer an end-to-end acceptance infrastructure. According to a statement distributed by RS2, the partnership will combine Visa’s front service with RS2’s back-end platform. The goal is to enable merchants, banks, Fintechs, etc., to tap… Read More

June 24, 2025 @ 8:18 am By Omar Faridi  |  

Circle (NASDAQ:COIN), the issuer of USD Coin (USDC), continues to reshape the global financial ecosystem through its innovative stablecoin infrastructure. Three recent developments—the launch of the Circle Payments Network (CPN), the introduction of Cross-Chain Transfer Protocol (CCTP) V2 on Solana, and the U.S. Senate’s passage… Read More

June 24, 2025 @ 2:00 am By JD Alois  |  

Deutsche Bank and Silverflow are partnering on payments to create a new payments platform for Europe. Silverflow states that its API and cloud-based platform enables card acquiring and individual BIN setups. As for Deutsche Bank, it acts as the acquirer, plus optional PSP & cash… Read More

June 23, 2025 @ 5:04 pm By Omar Faridi  |  

Klarna, the global digital bank and flexible payments provider, is now available as a payment option  on Google Pay. Shoppers can use Klarna’s flexible payment options “online on select Android apps and websites that offer Google Pay at checkout.” By joining forces with one of… Read More

June 22, 2025 @ 9:58 pm By Tony Zerucha  |  

Global Payments Inc. (NYSE: GPN) recently announced that its MineralTree business, which provides AP and payment automation solutions, and Sage, a provider of accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), launched a vendor payments solution built directly within Sage Intacct…. Read More

June 22, 2025 @ 5:11 pm By Omar Faridi  |  

Razorpay continues to redefine the digital payments landscape in India and beyond, introducing innovative features and robust solutions tailored for businesses navigating the complexities of domestic and international transactions. With a focus on seamless user experiences, compliance, and cost efficiency, Razorpay’s latest updates demonstrate their… Read More

June 21, 2025 @ 8:27 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment system linking Hong Kong’s Faster Payment System (FPS) and Mainland China’s Internet Banking Payment System (IBPS). The service will go live… Read More

June 20, 2025 @ 6:00 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company and one of the largest global fixed income managers with $862 billion in assets under management, announced the expansion of their… Read More