Tagged: payments

February 26, 2025 @ 8:22 am By Omar Faridi  |  

American Express (NYSE: AXP) and Alipay announced a feature aimed at enhancing payment convenience for travelers in China. Eligible global American Express Card Members can link their Cards to the Alipay digital wallet, enabling payments at merchants across the Chinese mainland. This initiative simplifies transactions… Read More

February 26, 2025 @ 8:19 am By Omar Faridi  |  

Nexi, the European PayTech, currently claiming to be serving merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have reportedly expanded their ongoing relationship into a global partnership. Nexi will enable its merchant customers across Europe to “offer Klarna’s payment… Read More

February 25, 2025 @ 7:31 pm By Omar Faridi  |  

Brex, the spend platform for businesses from startups to enterprises,  announced its enterprise business grew revenue “80%, while net revenue retention was nearly 140% YoY.” This past year, Brex’s overall revenue growth reportedly “grew threefold with net revenue retention up 15 points.” Brex now serves… Read More

February 25, 2025 @ 7:29 pm By Omar Faridi  |  

MeaWallet, a tokenization and digital payment solutions provider, announces its partnership with Backbase, the creator of the Engagement Banking Platform. This collab reportedly aims to deliver tokenization solutions to issuers and fintechs across the Australian and New Zealand markets. The partnership will feature two solutions:… Read More

February 25, 2025 @ 7:21 pm By Omar Faridi  |  

Yuno, a payment orchestration platform, and the Investment Promotion Agency Qatar (Invest Qatar), announced a partnership that will accelerate Yuno’s expansion into the Middle East, with the establishment of a regional headquarters in Qatar. This move—unveiled at Web Summit Qatar 2025—reportedly aligns with Qatar’s Third… Read More

February 25, 2025 @ 10:12 am By Omar Faridi  |  

Shift4 (NYSE: FOUR), the payments and commerce technology provider, and Global Blue (NYSE: GB), the specialty payments and technology platform enabling “tax-free” shopping, dynamic currency conversion, and payments solutions to retail brands, have reportedly entered into a definitive agreement under which Shift4 will “acquire Global… Read More

February 24, 2025 @ 9:25 pm By Omar Faridi  |  

PhonePe is announcing that the Fintech company is officially commencing preparatory steps in connection with its potential (initial public offering) IPO and intends to list on Indian exchanges. This marks a key milestone for the Fintech company, which will mark its 10-year of operations this… Read More

February 23, 2025 @ 11:59 pm By Omar Faridi  |  

In a step toward enhancing public sector payments, the UK government has reportedly opened bidding for a £49 million contract to embed open banking technology into its Gov.UK Pay platform. Announced on February 19, 2025, by the Government Digital Service (GDS), this procurement initiative aims… Read More

February 22, 2025 @ 5:59 pm By Omar Faridi  |  

Checkout.com, a digital payments provider, announced its partnership with HEYTEA, the creator of new-style tea drinks and one of Asia’s beverage brands. The partnership has reportedly improved HEYTEA’s customer experience and supported its global “expansion by offering localized payments solutions.” HEYTEA customers can now “place… Read More

February 21, 2025 @ 5:07 pm By Omar Faridi  |  

Nium, the global infrastructure for real-time cross-border payments, announced the expansion of its real-time payout capabilities into Australia. The move furthers Nium’s mission to offer the global real-time payments network, enabling business to “send payments across borders faster and more affordably.” With this expansion, businesses… Read More

February 21, 2025 @ 9:32 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of internet infrastructure for commerce, announced an expanded agreement. The renewed partnership cements Affirm’s position “as the pay-over-time provider for Shop Pay Installments in the U.S.” It… Read More

February 21, 2025 @ 8:44 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial platform of for companies across the globe, announced its partnership with Eats365, a restaurant point-of-sale (POS) provider currently serving 27 markets. This collab will now aim to simplify “operations for Eats365 merchants and users throughout the supported regions.” Through 365pay,… Read More

February 21, 2025 @ 7:40 am By Omar Faridi  |  

Finzly, a payments and financial solutions provider, announced that Live Oak Bank has enhanced its commercial and small business banking services by implementing Finzly’s Fedwire solution, achieving “100% straight-through processing (STP).” This move streamlines payment processing and positions the bank “to meet the upcoming ISO… Read More

February 21, 2025 @ 6:36 am By Omar Faridi  |  

Thunes, which claims to be the “Smart Superhighway” to move money around the world, announced the expansion of its Direct Global Network into Taiwan. This expansion brings Thunes’ Pay-to-Banks payment capabilities to Taiwan, enhancing the company’s cross-border payment services in “one of Asia’s most technologically… Read More

February 20, 2025 @ 3:38 pm By JD Alois  |  

Remitly (NASDAQ: RELY), a payments and transfers Fintech, reported Q4 earnings results yesterday and the company said that it generated “record” revenue of $351.9 million an increase of 33%. At the same time, Remitly booked a net loss of $5.7 million, an improvement over Q4… Read More

February 20, 2025 @ 1:06 pm By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced that it has received the regulatory approvals in China required to “complete its previously announced acquisition of a licensed China-based payment service… Read More

February 20, 2025 @ 8:40 am By Omar Faridi  |  

On January 27, 2025, the European Central Bank (ECB) adopted Decision (EU) 2025/222, titled “Decision of the European Central Bank on access by non-bank payment service providers to Eurosystem central bank operated payment systems and central bank accounts” (ECB/2025/2). This decision expands access to Eurosystem… Read More

February 19, 2025 @ 5:10 pm By Omar Faridi  |  

Daniel Gorfine, Founder & CEO, Gattaca Horizons LLC, is pleased to join J. Christopher Giancarlo and Brian Peters in co-authoring a piece in the Milken Institute Review that makes the case for payments modernization in the U.S. As noted in the paper, over the past… Read More

February 19, 2025 @ 11:14 am By JD Alois  |  

B2B payments firm Two and Avarda, a white-label B2C company, will partner on a “fully integrated white-label payment solution tailored for both businesses and consumers in the Nordic e-commerce market.” It was not immediately clear if the two firms were forming a strategic alliance or if they were… Read More

February 19, 2025 @ 9:00 am By Omar Faridi  |  

Zodia Custody, a digital asset custodian backed by Standard Chartered, SBI Holdings, and Northern Trust, recently partnered with Kiln, an enterprise-grade staking service provider. This allows its institutional clients to benefit from Kiln’s staking services, providing institutions greater flexibility. Zodia Custody’s clients will now have access to… Read More