Tagged: payments

May 3, 2025 @ 1:02 pm By Tony Zerucha  |  

Runa, a global fintech infrastructure for payouts, has released new payments research that provides businesses with data-driven insights into how to retain and engage gig workers, freelancers, direct sellers, and other independent workers. With workplace engagement continuing to plummet, more than one-third of the U.S. workforce… Read More

May 3, 2025 @ 12:01 pm By Tony Zerucha  |  

Qenta, a global payments company, this week announced the acquisition of Pipit Global, a B2B cross-border payments platform operating in more than 45 countries. Pipit adds an international compliant network of more than one million pay-in points and integrations with mobile money systems across Africa,… Read More

May 1, 2025 @ 10:52 am By Omar Faridi  |  

Phixius by Nacha—a peer-to-peer payment information network—announced that ValidiFI is live on the Phixius network as an additional provider of bank account validation. Phixius now offers multiple providers of account validation, “expanding the coverage of account validation data for Phixius users.” Rob Unger, Managing Director… Read More

April 28, 2025 @ 6:04 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, is proud to announce the raise of its $150 million Series D at a valuation increase over its last round. Thunes welcomes Apis Partners and Vitruvian Partners, two private equity firms, both globally recognized… Read More

April 28, 2025 @ 12:24 pm By JD Alois  |  

Zelle is a peer-to-peer transfers and payments network that was founded by big banks who recognized they were falling behind in a world of Venmo. Today, Zelle is well-established at these founding banks, as well as other financial services. Today, Zelle is distributing a report on… Read More

April 28, 2025 @ 12:01 pm By JD Alois  |  

Adyen (ADYEN:AMS), a multi-faceted payments provider, was hit by a Distributed Denial of Service (DDoS) attack last week. In a blog post, Adyen said the attacker was targeting their European data centers, with certain services experiencing degraded service or outages. The attack was marked as “resolved”… Read More

April 28, 2025 @ 6:01 am By Michael Wong  |  

Visa and Maroc Telecom Group have entered into a strategic partnership to enhance mobile payment services in Morocco and explore wider digital financial inclusion efforts across Africa, the companies announced. The collaboration will initially focus on integrating Visa’s payment solutions into MT Cash, Maroc Telecom’s… Read More

April 28, 2025 @ 5:19 am By Tony Zerucha  |  

CapyFast, an embedded payments provider for digital commerce, and Bidwise, a performance marketing platform, have announced a new strategic partnership. This collaboration aims to improve the payments flow across the performance marketing spectrum by making it faster, cheaper, and more intelligent. The agreement, signed today… Read More

April 27, 2025 @ 11:12 pm By Omar Faridi  |  

Financial infrastructure Fintech Stripe, the $70 billion online payment processing firm, has announced a new stablecoin product powered by Bridge, a startup it acquired for $1.1 billion in October 2024. The initiative, shared by Stripe CEO Patrick Collison on X, marks the company’s expansion into… Read More

April 27, 2025 @ 9:09 pm By Tony Zerucha  |  

The Interledger Foundation, an organization building and advocating for an open, interoperable payments network, has announced its participation in three technological initiatives and five research projects. Among these initiatives is work with private fintech companies to streamline remittances for a major bank in Pakistan, power… Read More

April 27, 2025 @ 5:46 pm By Omar Faridi  |  

Flex, the fintech company enhancing back office finance for ambitious business owners, and Maza, one of the largest entity formation and payments apps for Spanish-speaking solopreneurs and consumers, announce their M&A. As part of the deal, Maza will rebrand as Flex Consumer, “a new arm… Read More

April 26, 2025 @ 3:04 pm By Omar Faridi  |  

Square announced the new Square Point of Sale app – its software that brings Square’s vertical-specific commerce and payments functionality into a single, unified app that sellers can “personalize to meet the needs of their business, while supporting their growth and evolution.” Sixteen years ago,… Read More

April 26, 2025 @ 1:00 pm By Michael Wong  |  

NYSE-listed Fiserv Inc. has agreed to acquire Brazilian Fintech Money Money Serviços Financeiros SA in an all-cash deal that will deepen its lending capabilities for small and medium-sized merchants, the US payments major said. Under the definitive agreement, Fiserv will fold Money Money’s receivables-based financing… Read More

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