Tagged: payments

April 26, 2025 @ 3:17 am By Omar Faridi  |  

The payments industry is undergoing a transformative shift, driven by rapid technological advancements and evolving consumer expectations. Juniper Research’s Consumer Payments Tech Horizon 2025 report offers a framework to help stakeholders understand the trajectory of payment technologies. This resource evaluates the maturity and market performance… Read More

April 25, 2025 @ 9:09 am By Omar Faridi  |  

Bread Financial (NYSE: BFH), a financial services company that provides payment, lending and saving solutions, announced a multi-year agreement with Crypto.com, one of the world’s cryptocurrency exchanges, to launch the Crypto.com credit card program in the US. The Crypto.com Visa signature credit card will reportedly… Read More

April 25, 2025 @ 4:21 am By Tony Zerucha  |  

UnionPay International, a global payment network, has announced a strategic partnership with Dojo, a United Kingdom SME payment provider. This collaboration could significantly increase UnionPay card acceptance across the UK, providing cardholders another payment option while enabling small and medium-sized enterprises to tap into a… Read More

April 24, 2025 @ 6:04 pm By Omar Faridi  |  

Programmable financial services company Stripe announced a set of payments updates for Japanese businesses and businesses looking to expand into Japan. First, Stripe is making it easier for businesses to “sell to customers in Japan by enabling new payment methods.” Businesses in Japan can accept… Read More

April 24, 2025 @ 11:30 am By Omar Faridi  |  

Volante Technologies, the global enabler of Payments as a Service (PaaS), announced the general availability of its next-generation ACH payment processing solution, available on-premises or as Payments as a Service (PaaS). This offering enables financial institutions to “replace legacy ACH systems while improving processing performance,… Read More

April 23, 2025 @ 9:07 am By Tony Zerucha  |  

Thunes has launched Thunes Business Payments, designed to facilitate cross-border payments for Thunes’ Direct Global Network members, including enterprises, merchants, neo-banks, traditional banks and mobile wallets. Via an API, members have a more efficient way to process international business payments, bypassing the complexities of legacy… Read More

April 22, 2025 @ 10:43 am By Tony Zerucha  |  

Fiserv (NYSE: FI), a global provider of payments and financial services technology, together with the Kansas Office of the Governor, today announced their plan to open a new strategic fintech hub in Overland Park, the largest suburb in the Kansas City metropolitan area. This location will… Read More

April 22, 2025 @ 8:53 am By Omar Faridi  |  

On April 21, 2025, stablecoin issuer Circle announced the launch of its  Circle Payments Network (CPN). Unveiled from the company’s headquarters on the 87th floor of One World Trade Center in New York City, this initiative marks a step toward transforming the global payments and… Read More

April 21, 2025 @ 8:37 am By Omar Faridi  |  

The fintech sector continues to reshape global finance, with Royal Park Partners’ Fintech Report offering an analysis of its trajectory. The report highlights key trends, transactions, and challenges shaping the Fintech (financial technology) industry, emphasizing the resilience and adaptability of fintech firms in a dynamic… Read More

April 20, 2025 @ 9:52 pm By Omar Faridi  |  

Swift announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to “identify and resolve issues when international payments are delayed.” Financial institutions spend more than $1.6 billion each year… Read More

April 20, 2025 @ 7:12 am By Tony Zerucha  |  

PalmPay, a digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, an African domestic card scheme. The PalmPay Debit Card brings advanced features such as savings yield on deposits and merchant rewards within reach for mass… Read More

April 19, 2025 @ 10:51 pm By Omar Faridi  |  

Circle, the issuer of USDC, has unveiled the Refund Protocol, a smart contract system designed to bring non-custodial refunds and on-chain dispute resolution to stablecoin payments. As explained in a blog post by Circle, this innovation addresses a critical gap in stablecoin transactions, which have… Read More

April 18, 2025 @ 6:31 pm By Omar Faridi  |  

MoneyGram, a global payments network for consumers, businesses and communities, announced a new partnership with Plaid, the data network powering the fintech tools people rely on to lead a healthier financial life. MoneyGram customers in the United States can now use Plaid’s technology to help… Read More

April 18, 2025 @ 9:18 am By Tony Zerucha  |  

PayPal (NASDAQ:PYPL) has announced a strategic partnership with TerraPay, a global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by connecting banks, mobile wallets, and financial institutions. According to… Read More

April 17, 2025 @ 10:10 am By JD Alois  |  

Global Payments (NYSE: GPN) announced the acquisition of Worldpay from GTCR and FIS (NYSE: FIS) for $24.25 billion, as well as the divestiture of its Issuer Solutions business, which FIS is acquiring for $13.5 billion. According to a company statement, the acquisition of Worldpay, will… Read More

April 15, 2025 @ 10:31 am By JD Alois  |  

Stich, a Fintech payments venture based in South Africa, has raised $55 million in a Series B funding round led by QED Investors. Other investors include Flourish Ventures, Norrsken22, and Glynn Capital. Existing investors include Ribbit Capital, PayPal Ventures, Firstminute Capital, and angels like Trevor… Read More

April 14, 2025 @ 11:09 pm By Omar Faridi  |  

PayFuture Group, a payment provider specializing in emerging markets, has secured an Electronic Money Institution (EMI) license by the Malta Financial Services Authority (MFSA) under the entity PayFuture FS MT Ltd. The license approval marks a key milestone in PayFuture Group’s growth strategy, enabling EU… Read More

April 14, 2025 @ 10:13 pm By Omar Faridi  |  

In a significant move to enhance the UK’s financial infrastructure, the Bank of England has released its response to a February 2024 discussion paper on reviewing access to Real-Time Gross Settlement (RTGS) accounts for settlement. The response outlines the Bank’s commitment to expanding RTGS access,… Read More

April 13, 2025 @ 5:43 pm By Omar Faridi  |  

DailyPay, a worktech company specializing in earned wage access (EWA), has made significant strides to enhance financial flexibility for workers while navigating regulatory challenges. Recent developments shared by DailyPay underscore its commitment to empowering employees and strengthening employer relationships: a renewed partnership for Financial Literacy… Read More

April 12, 2025 @ 7:11 pm By Omar Faridi  |  

Blackhawk Network (BHN), a global enabler of “branded” payment solutions, has launched new payment service designed to help brands more efficiently manage and scale their physical and digital gift card programs. Powered by BHN’s expertise and global connections, these configurable bundles integrate “key strategic services… Read More